A forgery crisis is quietly roiling the world’s gold industry.
Declining stocks on Wall Street weighed down a global equities gauge on Tuesday on lingering worries about the U.S.-China trade war, while demand for U.S. Treasuries and precious metals rose on recession fears.
A gauge of global equities traded little changed on Tuesday, pulled lower by sliding stocks on Wall Street as prospects of a U.S.-China trade deal remained uncertain and demand for U.S. Treasuries and precious metals rose on recession fears.
A federal appeals court on Tuesday revived lawsuits by aluminum purchasers that accused Goldman Sachs , JPMorgan Chase , mining company Glencore and other companies of conspiring to drive up prices for the metal by reducing supply.
Goldman Sachs has applied for majority control of its Chinese joint venture, the bank confirmed on Wednesday, the latest international bank to do so ahead of Chinese plans to eventually allow foreigners full control.