Search Results for: SIX
Markets retreated while oil rebounded
January 15th, 2015
US stock market ended the session lower for the fourth consecutive day as a weaker than expected December retail sales report released before the start of trading sparked investor concern over the pace of US economic growth. As retail ...
JP Morgan Chase profits hit by legal costs
January 15th, 2015
JP Morgan Chase, the US’s largest bank, has reported a 6.6% fall in quarterly profits after being hit by legal costs. The bank paid almost $1bn (£659m) in costs due to a range of investigations into alleged wrongdoing, and ...
Kotak Mahindra Bank taps social media for savings account
January 15th, 2015
India’s Kotak Mahindra Bank has launched a savings account that can be opened and managed via Twitter and Facebook. Following last year’s launch of the Jifi current account, Kotak has introduced a Jifi Saver account, which offers customers an ...
Increased U.S. Output Bolsters Oil Glut Fears Sending Prices Back Down
January 15th, 2015
Oil resumed its decline after the biggest gain since June 2012 as U.S. crude production increased, bolstering speculation a global supply glut that spurred last year’s price collapse may persist. Futures dropped as much as 1.3 percent in New York. ...
Asia shares rise after commodities rebound, dollar regains ground
January 15th, 2015
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite as U.S. yields inch up after plunge Asian stocks mostly ...
Earnings Reports 2015: 10 largest U.S. companies
January 14th, 2015
Earnings Reports 2015 The beginning of January marks the start of Q4 earnings season. Among the first ones up this year include an aluminum producer, a tech giant, and a few massive banking firms. Here’s a look at six ...
Markets mixed as oil slide continues
January 14th, 2015
World markets were mixed on Tuesday as oil continued falling. US stock market started the trading session with a rally but the early gains were reversed by midday and the market ended the session slightly lower, recording triple-digit swings ...
Interview with Benoît Cœuré, ECB
January 14th, 2015
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, on 13 January 2015 How concerned are you about the election of a new parliament in Greece resulting in a re-emergence of the euro crisis? Greece is ...
Oil prices extend slide in commodities sell-off
January 14th, 2015
Oil prices fell more than 1 percent on Wednesday after touching their lowest in nearly six years the previous session, extending losses alongside a sell-off in other commodities. Commodities came under pressure after the World Bank cut its forecasts for global ...
Oil Prices Explained by Economics
January 13th, 2015
The oil industry, with its history of booms and busts, appears to be in the early stages of its latest downturn. The price of oil has plunged in recent months, reaching its lowest point in more than five years. ...
