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Market

Regulation

Regulation – the hidden curse

27/05/2016(0)
Regulations are nearly always introduced with the best intentions. In financial services, they aim to stop unscrupulous brokers and banks from ripping off the public through bad practices. Manufacturers ... Read More
yellen - Fed

Europe lower as markets eye Yellen; Philips Lighting rises at IPO

27/05/2016(0)
European stocks were on lower Friday morning as investors looked ahead to comments from U.S. Federal Reserve Chair Janet Yellen. IPO for Philips spin-off The pan-European Stoxx 600 index opened 0.2 ... Read More
An oil pump jack can be seen in Cisco, Texas

Oil prices retreat from $50 on oversupply concerns, stronger dollar

27/05/2016(0)
Oil futures slipped in Asian trade on Friday after hitting resistance at the $50 a barrel mark as investors worried higher prices could reactivate shuttered crude output, adding to ... Read More
gold

The top 10 countries with the largest gold holdings

26/05/2016(0)
Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. Last year they collectively added 483 tonnes—the second largest ... Read More
Crude oil drips from a valve at an oil well operated by Venezuela's state oil company PDVSA, in the oil rich Orinoco belt, near Morichal at the state of Monagas

Brent oil pushes above $50 for first time in nearly seven months

26/05/2016(0)
Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude ... Read More
Asian stocks

Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs

26/05/2016(0)
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations ... Read More
nokia

Microsoft to trim smartphone business, plans to cut 1,850 jobs

25/05/2016(0)
Microsoft said today it will trim down its smartphone business by cutting 1,850 jobs, most of them in Finland, and write down $950m from the operation. The US company ... Read More
Marks & Spencer

Marks & Spencer is going downmarket to try and rescue its clothing business

25/05/2016(0)
Marks & Spencer put out another bad set of results on Wednesday— something that has become a tradition for the struggling retailer. Annual sales at M&S were up 2.4% to ... Read More
Greece

Greece bailout: Eurozone agrees ‘breakthrough’ debt deal

25/05/2016(0)
Eurozone finance ministers have agreed to extend further bailout loans to Greece as well as debt relief, in what they call a “major breakthrough”. After late-night talks in Brussels, ... Read More
asian markets

HSI, Nikkei lead gains as most Asian markets advance

25/05/2016(0)
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 ... Read More
Broker Cyprus TopFX