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DZ Bank stops foodstuffs speculation
finances

DZ Bank stops foodstuffs speculation

Germany's DZ Bank said on Monday that it would be stopping its business betting on commodity prices, one of the financial world's hotly contested activities, which has been blamed for pushing up staple food prices.
Investor confidence falls
Business

Investor confidence falls

The recovery prospects for the German economy, Europe's biggest, took a knock Tuesday when data showed that investor sentiment fell more than expected this month.
Investor sentiment hits three-year high
Economy

Investor sentiment hits three-year high

Investor sentiment in Germany inched higher in March to the highest level for more than three years, with analysts convinced that the outlook for Europe's top economy remains bright, a new survey found on Tuesday.
Bankruptcy hitting the young and elderly
Economy

Bankruptcy hitting the young and elderly

Despite Germany’s continuing economic strength, the number of people declaring bankruptcy is increasing among the young and the elderly – a worrying sign according to one of the country’s top credit rating agencies.
SPD calls for bank split
Economy

SPD calls for bank split

Social Democratic Party (SPD) head Sigmar Gabriel has called for a permanent division of investment and commercial banking to protect consumers from toxic debts run up by banks. The German government quickly rejected the idea.
Germans wealthier than ever
wealth

Germans wealthier than ever

Germans have more personal assets than at any point since record-keeping began in 1991, the year after national reunification, according to official statistics.