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Wells_Fargo-624x414

Wells Fargo Surpasses Citigroup

18/01/2016(0)
Wells Fargo sees 6% growth in assets; Citigroup posts strong annual profit Starting the new year, most big banks are touting their regimens to slim down: Wells Fargo & Co. just ... Read More
Brent Crude Oil

Oil slides to lowest since 2003 as Iran sanctions lifted

18/01/2016(0)
Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country over the ... Read More
china-markets

Asia markets close mostly down; Japan, Australia near bear markets

18/01/2016(0)
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over ... Read More
Bank for International Settlements (BIS)

Austrians get (some) mainstream credibility

15/01/2016(0)
Well, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the boom-bust business cycle, then Britain’s ... Read More
bhp billition

BHP Billiton:Onshore US Asset Review

15/01/2016(0)
BHP Billiton expects to recognise an impairment charge of approximately US$4.9 billion post-tax (or approximately US$7.2 billion pre-tax) against the carrying value of its Onshore US assets. This charge ... Read More
china-market

ECB policymakers divided over China risks

15/01/2016(0)
Policymakers at the European Central Bank disagreed at their last meeting over how big a threat turmoil in China and other emerging markets pose to Europe’s modest economic recovery. ... Read More
blomberg

Switzerland Weathers the Superstrong Franc

15/01/2016(0)
It was in a small, wood-paneled boardroom overlooking Lake Zurich that Thomas Jordan and his colleagues at the Swiss National Bank made a decision that caught global markets unawares, ... Read More
BELGIUM-EU-EUROGROUP

IMF to remain part of bailout program, Greece told

15/01/2016(0)
Remarks by J.Dijsselbloem following the Eurogroup meeting of 14 January 2016 Below is a statement by J.Dijsselbloem: Good afternoon and welcome to this press conference. I will address the ... Read More
Oil-Price-Fell

Oil price plunge: Risks and rewards

15/01/2016(0)
Just over four years ago, the United States and Europe sanctioned the sale of Iranian oil in an effort to curb Tehran’s nuclear program. Oil was trading at $110 ... Read More
china-markets

Asia stocks retrace gains; Shanghai tumbles 3.7%

15/01/2016(0)
Major Asian stock markets struggled to hold onto their morning gains Friday, despite a positive finish from Wall Street overnight. In another late spate of sell-offs, the Shanghai composite down 3.97 ... Read More
Broker Cyprus TopFX