Search Results for: China
Oil prices fall as U.S. rig count stokes oversupply worries
April 3rd, 2017
Oil futures dipped on Monday as a higher U.S. rig count indicated rising shale output and stoked worries about global oversupply, while a stronger dollar also pressured prices. International benchmark Brent futures slipped 15 cents, or 0.3 percent, to ...
Asia Stocks Climb as Xi-Trump Meeting Approaches: Markets Wrap
April 3rd, 2017
Chinese and Taiwanese markets are both closed for a holiday Event-laden week also includes U.S. jobs report on Friday Stocks in Asia rose at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump ...
Asia Stocks Mixed on Final Day of Stellar Quarter: Markets Wrap
March 31st, 2017
Rand extends loss after South Africa finance minister fired Dollar maintains gains after Fed officials adopt hawkish tone Asian stocks retreated as investors pulled back on the final day of the biggest quarterly advance in five years for the ...
Spanish Banking Giant BBVA Now a Member of Hyperledger Blockchain Project & Linux Foundation
March 30th, 2017
Spanish multinational banking group BBVA becomes the latest financial institution to join the Hyperledger Project, a cross-industry blockchain collaborative with open-source principles led by the Linux Foundation. Announced by the banking giant this week, BBVA also notably becomes a ...
What’s next for Europe and Natural Gas
March 30th, 2017
In recent years we have seen countless proposals for projects to deliver natural gas to Europe and ease the European Union’s dependence on Russian gas. Attempts to diversify the EU’s energy supplies have produced various plans for pipelines. But amid ...
Asia Stocks Fall
March 30th, 2017
Oil surged Wednesday as inventories rose less than forecast Australian shares gain while Japanese, Chinese stocks retreat Asian stocks fell as investors approached the end of the quarter with the Trump administration attempting to move ahead with its legislative ...
EU Commission blocks proposed merger between Deutsche Börse and London Stock Exchange
March 29th, 2017
The European Commission has prohibited the proposed merger between Deutsche Börse AG and London Stock Exchange Group under the EU Merger Regulation. The Commission’s investigation concluded the merger would have created a de facto monopoly in the markets for ...
Bitcoin Price Spikes Spurred by Chinese Capital Curbs: Australian Financial Analyst
March 29th, 2017
A prominent equities analyst at an Australian private brokerage sees China’s capital controls as a major factor behind the recent surges of the value of bitcoin. Julia Lee, an equities analyst at Australian brokerage firm BellDirect was speaking in ...
Oil rises on Libyan supply disruptions, likely OPEC output cut extension
March 29th, 2017
Oil prices on Wednesday extended gains from the previous session, lifted by supply disruptions in Libya and expectations that an OPEC-led output reduction will be extended into the second half of the year. Prices for front-month Brent crude futures, ...
MOEX and DCE announce new areas of cooperation in MOU
March 28th, 2017
Moscow Exchange (“MOEX”) and Dalian Commodity Exchange (“DCE”), announced today that they have signed a Memorandum of Understanding (“MOU”), aimed at expanding the cooperation between the two exchanges in terms of information sharing, high-level visits, training and exchange programmes ...
