Search Results for: U.S. oil
Nikkei closes up, ASX hits one-month low
December 11th, 2015
Asian markets closed mixed on Friday, despite Wall Street’s positive finish overnight, as record low oil prices weighed resources plays and China shares traded in negative territory as another top executive was reported missing by local media. “Most investors ...
Asian markets trade lower, China bucks trend on IPO reform news
December 10th, 2015
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil prices, which remain under pressure due to a global supply ...
Asian stock markets end lower; economic data in focus
December 9th, 2015
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
Investors Keep Pulling Cash Out of Turkey
December 8th, 2015
Foreign investors withdrew $7.6 billion from stocks, bonds Capital Economics sees lira, bonds extending declines Foreign investors look set to keep pulling their money out of Turkey after dumping a record amount of stocks and bonds this year. Investors from ...
China Begins G-20 Leadership With Ideas to Reduce Dollar’s Role
December 7th, 2015
South Korea, France to lead working group exploring SDR use China exploring ways to make system more resilient to shocks As China takes the reins of the Group of 20 for the coming year, the first indications are emerging ...
Asian markets close near flat, economic data eyed
December 7th, 2015
Asian stocks lost much of their gains from the morning session to close near flat on Monday, as investors eye a host of economic data due this week. Last week, nonfarm payrolls data showed the U.S. economy created 211,000 ...
Why the Fed Has to Raise Rates
December 4th, 2015
No empire has ever prospered or endured by weakening its currency. A great many insightful commentators have made the case for why the Fed shouldn’t raise rates this month–or indeed, any other month. The basic idea is that the ...
EU Hits McDonald’s With Full-Blown Tax Investigation
December 4th, 2015
U.S. fast-food chain’s Luxembourg unit has paid ‘virtually’ no corporation tax on profits since 2009 European Union regulators confirmed Thursday they have opened a full-blown probe into McDonald’s Corp.’s tax affairs in Luxembourg, warning that a tax deal granted ...
OPEC Heads for Status Quo as Members Clash Over Output Cut
December 4th, 2015
Saudi Arabia opposes cuts without Russian participation Venezuela rallies cash-strapped members to support output cuts OPEC looked on track to maintain the status quo after member states clashed over oil production policy at an unusual informal gathering before the ...
Global Crisis: Goldman Sachs Says That Brazil Has Plunged Into ‘An Outright Depression’
December 2nd, 2015
One of the most important banks in the western world says that the 7th largest economy on the entire planet has entered a full-blown economic depression. Brazil’s economy has now contracted for three quarters in a row, and many ...
