Investment Management
* AUD/USD’s sell orders are lined up around 0.9000, should pair rise to that level today, according to a foreign-exchange trader • AUD/USD is now down 0.1% at 0.8969; today’s range so far is 0.8927-0.8994 • NOTE: China HSBC/Markit manufacturing PMI at 47.7 in July • NOTE: China manufacturing PMI at 50.3 in July * […]
* Taylor Wimpey Plc, the U.K.’s second-largest homebuilder by volume, said first-half profit rose 5.3 percent on demand for larger, more expensive homes * Net income increased to 136.1 million pounds ($207 million) from 129.2 million pounds a year earlier, the High Wycombe, England-based company said today in a statement. Revenue increased 11 percent to […]
* Billionaire investor George Soros has taken a stake in Herbalife Ltd. that’s less than 5 percent of its outstanding shares The person, who asked not to be identified because the purchases haven’t been publicly disclosed, didn’t say over what period of time the investor’s Soros Fund Management LLC bought the shares. The shares climbed […]
* Germany’s unemployment rate held near a two-decade low, potentially buoying support for the government before September elections, while the rate in the euro area stayed at a record high. * The number of people out of work in Germany decreased by a seasonally adjusted 7,000 to 2.93 million in July and the adjusted jobless […]
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