Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended June 30, 2016. “Alibaba Group had an outstanding quarter. Our results show the scale ... Read More
European stocks moved higher in midday trade Thursday as investors shifted their attention to Wall Street, where stocks looked set to open up ahead of the release of another ... Read More
Asia markets were mostly lower on Thursday following U.S. losses, with sentiment likely driven by Wednesday’s oil price falls and anticipation of another data deluge from China on Friday. ... Read More
Oil prices fell early on Thursday as a build in U.S. crude inventories and record Saudi Arabian production weighed on markets. U.S. West Texas Intermediate (WTI) crude futures CLc1 ... Read More
The decision to create a single currency without the institutions which would make it work was “fatal” for the eurozone, said Nobel-Prize winning economist Joseph Stiglitz, adding that the ... Read More
Monetary policy, we are told, is all about staving off recession and stimulating economic growth. However, not only is monetary debasement in any form counterproductive and destroys the personal ... Read More
Oil prices dipped on Wednesday as a global supply overhang weighed on markets, while talk of a potential producer meeting to discuss propping up prices lent some support but ... Read More
Bonds gain as odds of a 2016 U.S. rate increase stay below 50% Asian stocks near one-year high as Hang Seng Index climbs The dollar weakened on speculation the ... Read More
UK manufacturing output continued to slip in the month leading up to the UK’s Brexit vote, according to official data. The Office for National Statistics said manufacturing production fell 0.3% ... Read More
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil ... Read More
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