Search Results for: Asia markets
The true role of gold
February 19th, 2016
At a time of growing concern about the global financial system, it is time to remind ourselves why physical gold is so important for the benefit of the nearly three quarters of a million BitGold and GoldMoney customers, as ...
Singapore Exchange added a new Trading Member in SGX’s derivatives market
February 18th, 2016
Singapore Exchange (SGX) today welcomed Hong Kong-based Wing Fung Futures Limited (Wing Fung Futures) to its derivatives market. Michael Syn, Head of Derivatives at SGX said, “We are delighted to welcome Wing Fung Futures to our growing community of ...
EY has launched the 2016 EY Accelerating Entrepreneurs program
February 17th, 2016
EY has launched the 2016 EY Accelerating Entrepreneurs program in Europe, which gives high-potential, fast-growth technology startups from across the continent access to support to help scale their businesses. The group of selected entrepreneurs will receive a comprehensive program of one-to-one ...
Last Wave on Libor: CFTC Likely to Charge Multiple Banks for Rate Rigging
February 16th, 2016
Citigroup, HSBC are among firms targeted by regulators, according to people close to the probe American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global ...
Shares Jump From Europe to Japan as Oil Holds Rally; Yuan Soars
February 16th, 2016
Absence of post-holiday China selloff bolstered sentiment Draghi said ECB will act should turmoil hit price stability Stocks came back with a vengeance amid speculation losses that sent global equities into a bear market had gone too far, with ...
KPI Kuwait said oil prices could reach a range of $50 to $60 a barrel by mid-2017
February 15th, 2016
Kuwait Petroleum International (KPI) said on Saturday oil prices could reach a range of $50 to $60 a barrel by mid-2017, the official state news agency and Reuters reported. The agency quoted the company’s top executive Bakheet Al-Rashidi as ...
Nikkei surges 7%, Topix up 8.3%; China lose ground
February 15th, 2016
Asian stocks mostly climbed on Monday, with Japan shares surging after last week’s sharp selloff. But China’s shares lost ground as its markets re-opened after the week-long Lunar New Year holiday. The Nikkei 225 retraced losses some of Friday’s losses, jumping ...
Bear Market Descends on Global Stocks
February 12th, 2016
The MSCI All-World Index falls 20% from its May 2015 record Retreat is biggest since selloff during 2011 Europe crisis The yearlong decline in global equities that started with a selloff in energy became a full-blown bear market Thursday ...
Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery
February 11th, 2016
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half ...
Oil prices fall on U.S. storage glut, ongoing economic woes
February 11th, 2016
Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half ...