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Wall St advances on temp shutdown deal
Australia's ANZ bank closes Singapore gold vault
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Wall St advances on temp shutdown deal

Write your poWall Street gained ground on Friday in a broad-based rally as investors were heartened by news that Washington would move to temporarily end the longest US government shutdown in history.
All three major US stock indexes advanced, with the Dow and the Nasdaq eking out their fifth straight weekly gains. But the S&P 500 posted its first weekly loss of the year, snapping a four-week run.st here.

Australia's ANZ bank closes Singapore gold vault

Australia and New Zealand Banking Group Ltd (ANZ), whose gold bullion business is one of Asia's largest, said on Thursday it was closing its precious metals vault in Singapore.
The move follows the bank's sale last year of its stake in an exchange-traded fund backed by physical gold and sources say it is part of a scaling back of ANZ's precious metals business.
The bank opened the vault -- which could hold 50 tonnes of gold worth around $2 billion at current prices -- in 2013. That year, ANZ said it distributed close to 15 percent of the world's primary gold production.

The yen’s rise

The yen’s rise in recent months could undermine the Bank of Japan’s efforts to raise the inflation rate to 2 per cent.

Malaysia’s 1MDB fund

A Gulf fund has terminated a debt deal with Malaysia’s 1MDB fund after the latter defaulted on a $1.4bn payment.

Strong US jobs

The strong US job market is finally delivering higher wages in nearly every region of the nation.

Swiss authorities have expanded their investigation

Swiss authorities have expanded their investigation of a Malaysian fund to focus on two former Abu Dhabi officials.

Centerbridge has called for a default

Large bond investor Centerbridge has called for a default on Valeant Pharmaceuticals International.

Canadian Pacific Railway

Canadian Pacific Railway yesterday abandoned its nearly $US30 billion pursuit of Norfolk Southern.

Boeing has opened talks to sell aircraft to Iran

Boeing has opened talks to sell aircraft to Iran following the lifting of Western sanctions on the country in January.

Chinese direct investment in the US

Chinese direct investment in the US economy is set to reach a record this year due to a wave of deals.