Search Results for: Bank of China
The 5 Biggest Market Events of 2015 So Far
October 19th, 2015
2015 has certainly been an interesting year as far as the world of finance is concerned. The markets have undoubtedly seen some tumultuous times, particularly in recent months, so today we’re going to look at the five biggest market ...
Lending expected to grow more than 3% in 2016, boosting Eurozone economy
October 19th, 2015
Business lending expected to grow by 3.8% in 2016 due to improving credit conditions and renewed business confidence Consumer credit to recover this year, growing 1.9%, and an expected 3.1% in 2016 Assets under management (AUM) in equities expected ...
Oil Market Showdown: Can Russia Outlast The Saudis?
October 19th, 2015
“Two men enter, one man leaves, two men enter, one man leaves, two men enter…” Oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. This decision set crude prices on ...
Asian shares rise to two-month highs, dollar gains on U.S. data
October 16th, 2015
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
Swatch presented pay-by-wrist watch
October 15th, 2015
Swatch has joined forces with China UnionPay and Bank of Communications to introduce contactless payment “by-the-wrist” to China SWATCH BELLAMY: THE NEW PAY-BY-THE-WRIST SWATCH WATCH Pioneering Swiss watchmaker Swatch presented SWATCH BELLAMY, the new “pay-by-the-wrist” watch, at the landmark ...
Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects
October 15th, 2015
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest index of Asia-Pacific shares outside ...
The Numbers Say That A Major Global Recession Has Already Begun
October 14th, 2015
The biggest bank in the western world has just come out and declared that the global economy is “already in a recession”. According to British banking giant HSBC, global trade is down 8.4 percent so far this year, and global GDP ...
FTSE 100 on track for third straight day of losses
October 14th, 2015
Stocks in the U.K. dropped Wednesday, driven lower alongside Asian and other European markets after the release of yet more disappointing Chinese data underscored concerns about economic growth in that country. The FTSE 100 UKX, -0.75% fell 0.7% to 6,297.19. The index ...
What will Happen to Bitcoin when the Economy goes Bust?
October 12th, 2015
Many people interested in Bitcoin have a less than optimistic view about the health of the global economy. This skepticism — in some cases pessimism — is fueled by a controversial business cycle theory that is fairly popular in ...
Asian shares extend an October rally; dollar slips
October 12th, 2015
Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fueled by a rebound in commodities while the dollar struggled as hopes of a Fed rate rise this year grew ...
