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Market

IMF

Group of Twenty IMF Surveillance Note

25/02/2016(0)
The global recovery has weakened further amid increasing financial turbulence and falling asset prices. Activity softened towards the end of 2015 and the valuation of risky assets has dropped sharply, ... Read More
gold-l-reuters

Gold Prices Up On Investor Jitters

25/02/2016(0)
Gold prices are trading higher on investor jitters, as lower oil prices and falling equity markets increase the appeal of this haven asset. Spot gold is up 0.55% at ... Read More
China-sanghai-stocks

China Stocks Plunge More Than 6% as Money-Market Rates Increase

25/02/2016(0)
China’s stocks tumbled the most in a month as surging money-market rates signaled tighter liquidity and the offshore yuan declined for a fifth day. The Shanghai Composite Index sank ... Read More
saudi-arabia

Saudi Oil Minister Surprises OPEC with Tough Line on Prices

25/02/2016(0)
Prepared for $20 a barrel to force production cuts outside the Middle East, Says al Naimi Saudi Arabian Oil Minister Ali al-Naimi surprised fellow members of the Organization of ... Read More
china-markets

China shares drop, with the Shanghai Composite tumbling more than 5%

25/02/2016(0)
China markets tumbled Thursday, extending a long rout, but some Asian markets posted gains following Wall Street’s reversal of sharp intraday losses overnight on the back of higher oil ... Read More
People queue up outside a Standard Chartered Bank branch before operation hours at the central business district in Singapore

Standard Chartered Drops After First Annual Loss Since 1989

24/02/2016(0)
Loan impairments almost double to $4 billion, highest ever CEO Winters says performance to remain `subdued’ in 2016 Bill Winters took more “painful” steps to turn around Standard Chartered ... Read More
Chinese_markets

Asia trades lower as market sentiment falls, ASX slips 2%, Shanghai down 1%

24/02/2016(0)
Asia stocks traded mostly down Wednesday morning, with a combination of low oil prices, concerns over China and weak overnight data weighing on market sentiment. In Japan, the benchmark Nikkei ... Read More
HSBC

HSBC Posts 4th-Quarter Loss and Comes Under S.E.C. Scrutiny

23/02/2016(0)
HSBC said on Monday that it lost money in the fourth quarter and warned that it was being investigated for hiring candidates with ties to government officials in the Asia-Pacific ... Read More
asia europe

Asia loses steam as major markets trade lower

23/02/2016(0)
Asian stocks lost momentum Tuesday, trading mostly lower as the improved market sentiment which spurred a global rally Monday appeared to fade. Chinese markets, which started trading at 9.30 ... Read More
oil

Brent trades near $33 as Russia sees output talks done by March

22/02/2016(0)
Brent traded near $33/bbl as Russia said talks on an output freeze will be done by March 1 while Nigeria said some countries should have production capped at higher levels. Futures rose ... Read More
Broker Cyprus TopFX