Market

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Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession

03/03/2016(0)
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled ... Read More
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Oil prices edge up as confidence rises that market has bottomed

03/03/2016(0)
Oil prices edged higher on Thursday as sentiment spread that a 20-month-long market rout is coming to an end as production slows amid strong demand. U.S. crude futures were ... Read More
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Asia stocks mostly higher, with HSI trailing the pack

03/03/2016(0)
Hong Kong’s Hang Seng index was the odd one out as markets across Asia extended gains on Thursday ahead of a series of key global events due to take ... Read More
National Bank of Greece

EBRD supports international trade in Greece through National Bank of Greece

02/03/2016(0)
Facility will help National Bank of Greece scale up trade finance The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a facility ... Read More
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Biggest Indian Bank Surges Most in Seven Years on Capital Boost

02/03/2016(0)
RBI allows banks’ property values to be added to core capital Change in capital rules to align with Basel III standards: RBI State Bank of India shares surged the ... Read More
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Economy puts aside post-mining boom blues

02/03/2016(0)
Australia finally appears to be getting over the end of the mining boom as new figures showed the economy growing at its fastest pace in nearly two years. The ... Read More
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Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks

02/03/2016(0)
Moody’s downgraded its outlook on Chinese government debt to “negative” from “stable” on Wednesday, citing uncertainty over authorities’ capacity to implement economic reforms, rising government debt and falling reserves. ... Read More
uk-markets

Swiss Economy Returns to Growth as Franc Shock Overcome

02/03/2016(0)
Fourth-quarter GDP rose 0.4% vs estimate for 0.1% increase SNB expects growth to accelerate in 2016 versus last year The Swiss economy returned to growth at the end of ... Read More
Apache Corp drill for crude oil

Shale Oil Isn’t Saudi Arabia’s Only Nemesis

02/03/2016(0)
Even when glut stops growing, market might shrug: SocGen History shows oil rebound will hinge on stockpiles: Goldman Even if Saudi Arabia wins its struggle with U.S. shale producers ... Read More
Asian-Market

Asia mostly higher with Nikkei leading the pack

02/03/2016(0)
Asian markets rose Wednesday, with Japan’s Nikkei 225 index leading the way after a strong finish on Wall Street overnight. The Japanese benchmark index was up 4.26 percent, with the yen ... Read More
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