Search Results for: China
Asia markets higher; Nikkei turns up on slightly weaker yen
April 6th, 2016
Asia markets turned higher on Wednesday, shrugging off a global sell-off in equities overnight, as oil prices advanced and activity in China’s services sector showed signs of pick-up. Australia’s ASX 200 was up 0.54 percent. Japan’s Nikkei 225 wavered before trading up 0.28 ...
A tale of two currencies
April 5th, 2016
There is a widespread and growing feeling that financial markets are slipping towards another crisis of some sort. In this article I argue that we are in the eye of a financial storm, that it will blow again from ...
RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17
April 5th, 2016
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...
RBA: Monetary Policy Decision, rate unchanged
April 5th, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Recent information suggests that the global economy is continuing to grow, though at a slightly lower pace than earlier expected. While several ...
Biggest Ever Saudi Overhaul Targets $100 Billion of Revenue
April 4th, 2016
Levies on expats, energy, luxury goods, sugary drinks seen Plan is to boost non-oil revenue to balance budget by 2020 The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a ...
Asia markets rise; Japanese yen maintains 111 handle versus dollar
April 4th, 2016
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...
Robert Kiyosaki And Harry Dent Warn That Financial Armageddon Is Imminent
March 31st, 2016
Financial experts Robert Kiyosaki and Harry Dent are both warning that the next major economic crash is in our very near future. Dent is projecting that the Dow will fall to “5,500 to 6,000 by late 2017″, and Kiyosaki ...
Asia markets mixed; Nikkei up 0.4%, Kospi down 0.5%
March 31st, 2016
Asia markets traded mixed on Thursday, with some markets partially retracing their advances following Federal Reserve chair Janet Yellen’s cautious stance on the path of tightening earlier this week. Japan’s Nikkei 225 wavered between gains and losses before trading up 0.41 percent, while ...
BCSC Warning:Central Provider Ltd. operating as Central Options
March 30th, 2016
Central Provider Ltd., which claims to have offices in London, England, Hong Kong, China, and Toronto, Ontario operates Central Option. Central Option purports to be a binary options trading platform provider. A binary option is a type of option ...
India to OPEC: We’ll take that extra oil you’re pumping
March 30th, 2016
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on foreign imports. India also lacks a strategic petroleum reserve, or ...