Lawrence Gash

Financial News Writer for Capital.com & Currency.com - Interested in Cryptocurrencies, Fintech & the economic consequences of geopolitics

Articles by Lawrence Gash Page 6

Anti-corruption protests wipe out Egyptian gains

The chairman of Egypt’s stock exchange has claimed that the recent losses are unjustified

Lawrence Gash
Yields slide following Trump-Ukraine scandal and poor consumer confidence data

The U.S. Conference Board’s index slipped from 133.3 to 125.1 on Wednesday September 25th, indicating that a American economic growth might be cracking under the weight of the ongoing trade war and subsequent poor consumer confidence

Lawrence Gash
Germany’s ECB board member quits as a result loose monetary policy

Germany’s representative on the European Central Bank’s executive board has left in light of the decision to reintroduce quantitative easing (QE)

Lawrence Gash
Peloton seeks $8.2bn valuation

Peloton, the fast-growing fitness equipment start-up, is seeking an $8.2bn valuation when its shares start trading on the stock market today

Lawrence Gash
Dutch bank faces money laundering and terrorism financing investigation

Dutch bank ABN has announced that it is under investigation by Dutch prosecuters for its potential involvement in money laundering and the financing of terrorism

Lawrence Gash
Reserve Bank of New Zealand keeps overnight loan rate at record-lows

New Zealand’s central bank has kept its official cash rate (OCR) at 1.0%

Lawrence Gash
ThyssenKrupp moves to sack CEO

The board of the major German conglomerate ThyssenKrupp (TKA) has moved to dismiss its CEO, Guido Kerkhoff

Lawrence Gash
Altria, Philp Morris merger talks called off

Tobacco giant Philip Morris (PM) has abandoned merger talks with the Altria Group (MO) and instead will focus on its tobacco heating product iQOS

Lawrence Gash
U.S. stocks drop following Trump's UN trade comments

American stocks fell on Tuesday, in light of President Donald Trump’s broadside against China and its trade policies

Lawrence Gash
Ukraine’s IMF lifeline depends on corruption crackdown

The International Monetary Fund (IMF) has hinted to the Ukrainian president Volodymyr Zelensky, that any further financial aid depends on his ability to resolve a long-running corruption dispute

Lawrence Gash
LBMA in “discussions” with JPMorgan following fraud indictment

The London Bullion Market Association is in “discussions” with JPMorgan after, Michael Nowak, its head of global precious metals trading was indicted by the US Department of Justice for a “massive, multiyear scheme” of market manipulation and defrauding clients.

Lawrence Gash
Rogue Mitsubishi trader loses $320m on unauthorised oil bets

A rogue trader at Mitsubishi in Singapore lost $320m by placing failed bets on the oil price

Lawrence Gash
Google steps in ‘save’ local British newspapers

Search giant Google (GOOGL) is stepping to prop up an industry it is accused of destroyin

Lawrence Gash
BoE: Failure to reach October Brexit deal will hurt growth

The Bank of England (BOE) has argued that Britain’s economy is underperforming in part due to Brexit uncertainty and will continue to do so if an October deal is not reached, Reuters reports.

Lawrence Gash
Fed intervenes following repo spike spook

The New York division of the U.S. Federal Reserve will inject billions more in liquidity to ease up the cash flow within the intrabank lending markets.

Lawrence Gash