Search Results for: stocks
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 ...
Goldman thinks oil prices could fall another 50%
December 7th, 2015
Goldman thinks oil prices could fall another 50% as the market spends another year sorting itself out The oil market is out of whack and Goldman Sachs doesn’t see this situation sorting itself out for another year. In a ...
CBA builds a blockchain in its innovation lab
December 7th, 2015
In its Innovation Lab in Darling Harbour, a team of Commonwealth Bank of Australia computer engineers have built a working “blockchain”. For CBA, a “distributed ledger” is no longer a concept on a whiteboard, but a matter of hardware. ...
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 ...
Robot financial advisers to march on the UAE
December 4th, 2015
When the Dubai resident Lewis Brown and his wife Penelope wanted financial planning advice, they took what for many is a natural step – they spoke to a financial adviser. The adviser, Will Carling of AES International, spent several ...
Asian markets close on three-week lows, weighed by ECB, Fed
December 4th, 2015
Asian equities slumped to three-week lows Friday, following a global sell-off overnight as investors digested comments from the Fed and the European Central Bank (ECB). Overnight, Fed chair Janet Yellen said in a testimony before Congress that recent economic ...
Moscow Exchange Trading Volumes in November 2015
December 3rd, 2015
Moscow Exchange (ticker: MOEX) announces trading volumes for November 2015. All Moscow Exchange markets posted strong growth compared to the same period last year: Equity & Bond Market (+32.9%), FX Market (+26.6%), Derivatives Market (+21.7%), Money Market (+17.6%), Precious Metals Market (+308%). Equity ...
