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Jun 18, 2013 8:33 AM       Daily Market News   EN | DE

Empire State underpins optimism on U.S. economy

The Federal Reserve Bank of New York?s survey showed that manufacturers in the region of New York, northern New Jersey and southern Connecticut were more opti-mistic in June. The Empire State index advanced to 7.84 points, climbing above the line that diverts growth from contraction and reaching the highest reading since March, with auto and home sales being the bright spots for manufacturing.

From: LGT Navigator - Daily Market News Abo

Jun 14, 2013 8:28 AM       Daily Market News   EN | DE

Investors wait for clues on the Fed s bias

Japan?s equity markets rebounded from yesterday?s plunge as U.S. data beat esti-mates (see page 2), Wall Street showed healthy gains and concerns eased the Federal Reserve will soon reduce stimulus. Tokyo?s benchmark index Nikkei 225 temporarily gained 3.6% and closed nearly 2% higher, after a more than 6% slump on Thursday. The Topix added 1.2% at the close, after climbing as much as 3.2%.

From: LGT Navigator - Daily Market News Abo

Jun 13, 2013 8:26 AM       Daily Market News   EN | DE

Asian markets tumble on yen and World Bank forecast

Asian equities tumbled today as the yen rose to the strongest in two months against the dollar and the World Bank cut its global growth forecast. In Tokyo, the Nikkei 225 fell as much as 6.6%, closing at the lows, and the Topix closed almost 5% lower, while the Shanghai Composite Index lost nearly 3%, closing at the lowest in six months.

From: LGT Navigator - Daily Market News Abo

Jun 12, 2013 2:34 PM       Company news  EN | DE

The LGT sustainability report is now online

LGT has published its first sustainability report. The report contains facts and figures on LGT's sustainability performance for the period 2010 to 2012 as well as three sustainability-themed articles.

Jun 12, 2013 1:46 AM       Daily Market News   EN | DE

Mondelez challenges Nestlé's Nespresso

Mondelez International, the world?s second-biggest coffee maker, announced it will start selling Nespresso-compatible capsules across Europe this fall, challenging Nestlé. Mondelez, spun-off from Kraft Foods last year, plans to sell the capsules under its Jacobs and Carte Noire brands in Germany, France, Austria and Switzerland in the second half of 2013.

From: LGT Navigator - Daily Market News Abo