Posts Tagged ‘assets’

Cutting Rates is Counterproductive When Avoiding Bubbles

by Christopher Lemieuxon November 10, 2013 5:37 am BST
When growth is controlled by central banks, it is inevitable for rate cutes to happen in order to create growth in slowdown. The aim is not to create asset bubbles, but the reduction of benchmark rates tend to have a counterproductive result while being the catalyst that pops the bubble. The European Central Bank is […]

XAUUSD firm as risk assets slump on Cyprus deal

by Forex Rooton March 18, 2013 5:17 am BST
Assets perceived as safe-haven were bolstered by the sharp risk aversion, pushing spot gold as much as 1 percent higher to a three-week high of $1,608.30 (1,064.39 pounds) an ounce earlier. Bullion was last trading up 0.3 percent at $1,596.36 (1,056.49 pounds).

Antero in Piceance gas assets sale

by on November 5, 2012 12:31 pm BST
A mystery private company has come in with a cash offer of $325 million for the assets as well as other payments totalling another $191 million.Antero is getting rid of its 61,000 net acres of leasehold and 30 miles of gathering pipelines in western Colorado in the sale.The assets have

Northstar in $160m GoM splash

by Forex Rooton October 18, 2012 3:32 pm BST
The group of natural gas-focused private equity players has spent $160 million on acquiring a pair of shallow-water assets from two different private sellers.Subsidiary Northstar Offshore Group has taken the Creole field in West Cameron blocks 2 and 3 offshore Louisiana.It has also snapped up a group of