Search Results for: Oil prices
Investors Flee Commodities
July 21st, 2015
The prices of raw materials from oil and gold to copper, cotton and sugar tumbled, underscoring an increasing aversion to commodity investments as the Federal Reserve prepares to raise interest rates for the first time in nearly a decade. ...
China stocks turn higher
July 21st, 2015
Other Asian markets also edge up on tail of strong U.S. corporate earnings Stocks in Asia edged higher Tuesday on the tail of strong corporate earnings in the U.S. and China’s stabilizing markets. The Shanghai Composite Index SHCOMP, +0.48% ...
Qatar named world’s richest country, UAE also in top 10
July 20th, 2015
Qatar has been named the richest country in the world in a new study which includes all six Gulf states in the top 34 Qatar, Luxembourg and Singapore were ranked the top three in the research published this week ...
China Shares Recover From Earlier Losses
July 16th, 2015
Chinese shares swung back to positive territory Thursday, as hundreds of shares resumed trading, while markets elsewhere in Asia rose after Greece approved austerity measures to secure a bailout. The Shanghai Composite was last up 1.1% at 3847.30, having ...
China Shares Rise but Uncertainty Hovers
July 10th, 2015
Greece inches closer to deal with creditors, but investors are wary of sustained China recovery China shares rose Friday, and other Asian markets made tentative gains, as investors assess whether a recovery in Chinese stocks proves sustainable. The Shanghai ...
Asia shares win reprieve but Greece, China concerns limit gains
July 7th, 2015
Asian stocks won a reprieve on Tuesday after sharp falls the previous day but investors remained on edge amid uncertainty over Greece‘s position in the euro and volatility in mainland Chinese equity markets. Chinese shares dropped almost two percent ...
Moscow Man to Sue Russian Central Bank for Collapse of the Ruble
July 1st, 2015
A Russian man angry with last year’s sharp ruble devaluation is taking the Central Bank to court over its decision to cease intervening to prop up the Russian currency, news agency RIA Novosti reported Tuesday, citing the press secretary of a Moscow court. “V. A. Simonov has ...
Greece Risk May Pose Black Swan Dangers for Emerging Markets
June 30th, 2015
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, sparking concern defaults and bank collapses could spill over to other European nations, and impose a global impact. This time, though, Europe ...
Asian stock markets sink after Greece closes banks
June 29th, 2015
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the euro edged down against the dollar after Athens announced the ...
UAE tops regional countries on inclusive growth
June 25th, 2015
The UAE has topped countries in the Middle East and Africa (MEA) region for inclusive growth, with a score of 57.58, according to MasterCard’s 2015 Middle East and Africa Inclusive Growth report. Factors including the UAE’s diversification of its ...
