Search Results for: China Market
Goldman Sachs:2015 Annual and Fourth Quarter Results
January 21st, 2016
Bank’s trading revenue drops 9%, while investment banking is a bright spot Goldman Sachs Group Inc. predicted that this month’s stock-market swoon wouldn’t derail a merger boom that proved one of the bright spots in a lackluster quarter for the Wall ...
Shell’s profits dive ahead of BG deal shareholder vote
January 20th, 2016
Royal Dutch Shell has reported a sharp drop in profits just a week before shareholders vote on its planned takeover of smaller rival BG Group. For the fourth quarter it expects profits of $1.6bn to $1.9bn, less than half ...
Pound dives as Bank of England rules out rate rise amid weak UK growth
January 20th, 2016
Currency traders react to Mark Carney’s downbeat assessment by selling pound to $1.42, its weakest since March 2009 The Bank of England governor has sent the pound into a nosedive after he ruled out an early rise in interest rates, saying ...
Oil falls 2-3 percent on surplus worries, as U.S. drops toward $27
January 20th, 2016
Crude futures slumped again in Asian trade on Wednesday, with U.S. oil droppping more than 3 percent toward $27 a barrel and its lowest since 2003, on worries about global oversupply. That came after the International Energy Agency, which ...
Davos 2016: eight key themes for the World Economic Forum
January 19th, 2016
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...
Falling oil prices: How are countries being affected?
January 19th, 2016
Oil prices have fallen to their lowest level since 2003, sinking below $28 a barrel before recovering slightly on Monday. Analysts say the drop has been driven by oversupply, coupled with a fall in demand because of a slowdown ...
Asia stocks eke out gains in afternoon trade
January 19th, 2016
Asian equities bounced back in afternoon trade after having a mixed but volatile reaction to a slew of key Chinese data that were mostly in line with expectations. Chinese stocks jumped in late trade, with the Shanghai composite up ...
CSRC’s regret at flaw in stocks supervision
January 18th, 2016
THE head of China’s market regulator issued an unusual apology on Saturday for volatility in the country’s markets, acknowledging “shortcomings” in the way they have been supervised. “The abnormal fluctuations on the stock exchanges have revealed the immaturity of ...
The Top 10 (or 11) Bitcoin-Friendly Cities
January 18th, 2016
Looking to spend bitcoin on your travels? Your chances are much greater in the US. Seven of the top 11 cities with the most merchants that accept bitcoin are in the U.S., based on information from coinmap.org. San Francisco/San ...
Key findings of CBI/PwC survey of 100 financial services firms
January 18th, 2016
Profitability remains strong as Financial Services firms focus on costs, says CBI/PwC poll Overseas level of business below normal, quarterly survey finds Growth in business volumes picked up more strongly than expected in the three months to December ...
