MARKETS

Chinese investors bemoan Beijing’s bitcoin crackdown

BEIJING – Beijing’s decision to shut down Bitcoin trading platforms has left investors scrambling to cut their losses and threatens to deprive the crypto-currency of a crucial market. “The authorities don’t understand anything about bitcoin!” fumed Zhang Yanhua, founder of an investment fund that was dead on arrival after Beijing started tightening the screws at the start of the ...

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Westfield Capital Management Co. LP Purchases Shares of 691,934 Alexandria Real Estate Equities, Inc. (ARE)

Westfield Capital Management Co. LP purchased a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 691,934 shares of the real estate investment trust’s stock, valued at approximately $83,357,000. Westfield Capital Management Co. LP owned 0.74% of Alexandria ...

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104,600 Shares in BlackRock Resources and Commodities (BCX) Purchased by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd bought a new position in BlackRock Resources and Commodities (NYSE:BCX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 104,600 shares of the investment management company’s stock, valued at approximately $838,000. A number of other institutional investors have also recently bought and sold shares ...

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Resource companies in Queensland are increasingly optimistic as commodities fetch higher prices – Courier Mail

Courier Mail Resource companies in Queensland are increasingly optimistic as commodities fetch higher pricesCourier MailThe optimism comes from higher prices for commodities such as coal, which the Queensland Resources Council said should remain at sustainable levels even if they fall from current amounts. QRC chief executive officer Ian Macfarlane also said companies …

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Spectre of Zimbabwe hyperinflation triggers panic-buying

For Zhemi, it was a worrying sign that Zimbabwe’s chronic economic collapse could be heading for another vicious downwards spiral of basic shortages, hyperinflation and social chaos. Zhemi’s heart sank as he drove on, hoping to refuel at the next station, but at least 40 other cars were queueing on the side of the road towards the petrol pumps. “Immediately, ...

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Govt monitors prices and availability of basic commodities in shops

GOVERNMENT is conducting checks of retail shops and wholesalers in major cities and towns to monitor availability of basic commodities and their prices. This comes after panicking customers hoarded goods in recent days following social media claims – magnified by the private media – of an impeding shortage of basic commodities and a spike in black market currency trading. This ...

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Kashmiri among 5 arrested for fake money

Lucknow: Fake currency with a face value of Rs 16 lakh and the equipment to print them were seized after the arrest of five people involved in the international racket, police said on Sunday. Some illegal foreign currency was also seized from them, the UP Police said in a statement. Mushtaq Ahmed Khan Gojar, a resident of Bandipora district of ...

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Federated Investors Inc. PA Buys 6,952 Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE)

Federated Investors Inc. PA boosted its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 438.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,539 shares of the real estate investment trust’s stock after acquiring an additional 6,952 shares during the period. Federated Investors Inc. PA’s ...

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