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Reputation of gold as safe haven asset has been spoiled

Reputation of gold as safe haven asset has been spoiled a little bit recently, Bloomberg informs.

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Export of Swiss Watches grew

Export of Swiss Watches grew by 13,8% to 1,76 Swiss francs ($1,77 billion) in April, as Reuters informs.

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Vienna Airport bids on budget carriers

Vienna Airport bids on budget carriers and their expansion into Eastern European countries to provide for long-term growth, Reuters info

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India encountered copper delivery problem

India encountered copper delivery problem after government ordered to close plant belonging to Vedanta Ltd.

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Automatic Information Exchange: threat to foreign investors

By the new OECD Automatic Information Exchange, tax authorities of a country will be able to get detailed information about foreign bank

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Stocks of iPhone display makers slump

According to Bloomberg, shares of some iPhone display makers dropped in Asia after Korean Electronic Times announced that Apple Inc.

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Bonds in US and Europe go up: market news

According to Bloomberg, US Treasuries rose today together with major European bonds as political crisis in Italy develops further.

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US oil export threatens OPEC market in Asia

Record US oil export volumes will be heading to Asia next two months, Reuters reports.

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