Search Results for: oil prices
Asia trades mixed after data shows January fall in China factory activity
February 1st, 2016
Asia markets traded mixed Monday afternoon, with major indexes in Australia, Japan and South Korea extending gains after the Bank of Japan’s (BOJ) surprise move into negative interest rates on Friday sent stocks higher from Tokyo to New York. ...
China shares lower, but ‘real economy’ sound says state media
January 28th, 2016
China’s volatile shares were lower again on Thursday, taking losses this month to about 23 percent or 12 trillion yuan ($1.8 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai ...
Gold near 12-wk top as dollar slips ahead of Fed statement
January 27th, 2016
Fed expected to keep rates unchanged, cite gloomy global outlook Dollar weaker versus currency basket, Asian stocks subdued SPDR Gold holdings at highest since November Coming Up: Federal Reserve releases statement; 1900 GMT (Updates prices) Gold beamed near a ...
China shares tumble again, taking 2016 losses to $2 trillion
January 27th, 2016
Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to nearly 25 percent or 13 trillion yuan ($2 trillion). The benchmark Shanghai Composite Index SSEC was down 3 percent in afternoon ...
FTSE 100 claws back its early losses
January 26th, 2016
London shares clawed back early losses on Tuesday as oil prices rose back above $30 a barrel. At midday, the FTSE 100 index was down 29.5 points, or 0.50%, at 5,847.5, having earlier been down as much as 100 points. Brent ...
Japan’s Annual Trade Deficit Narrows as Energy Import Costs Fall
January 25th, 2016
The value of imports fell in 2015 while exports edged up China’s slowdown, low global growth curb shipments abroad Japan’s annual trade deficit narrowed almost 80 percent from a record as energy import costs fell and the weaker yen ...
China, Iran Agree to Expand Trade to $600 Billion in a Decade
January 25th, 2016
China and Iran mapped out a wide-ranging 25-year plan to broaden relations and expand trade during the first visit by a Chinese leader to the Islamic republic in 14 years. President Xi Jinping met with his counterpart Hassan Rouhani ...
Asia markets surge; Nikkei climbs to close 5.88% higher
January 22nd, 2016
Major Asian markets surged Friday, tracking the rally in European and U.S. equities overnight, getting a boost from a slight uptick in oil prices and comments from the European Central Bank (ECB). In Japan, the Nikkei jumped by 941.27 points, or 5.88 percent, ...
FTSE and European markets edge higher ahead despite Asia decline
January 21st, 2016
UK and European stocks wavered early on 21 January before gradually edging into the black, as they successfully shrugged off a disappointing session in Asia, where equity markets fell across the board. Midway through the session, London’s FTSE 100 ...
Saudi Arabia Said to Ban Betting Against Its Currency
January 21st, 2016
Central bank said to give directive at Jan. 18 Riyadh meeting Riyal forwards jump to highest in at least 2 decades in Jan. Pressured by plunging oil prices and costly wars in the Middle East, Saudi Arabia moved to ...
