Search Results for: China Market
Goldman’s BRIC Era Ends as Fund Folds After Years of Losses
November 9th, 2015
BRIC fund loses 21% in five years, leading to investor exodus Acronym-based investment strategy comes under greater scrutiny The BRIC era is coming to an end at Goldman Sachs Group Inc. The bank’s asset-management unit folded its money-losing BRIC ...
Nikkei, Shanghai outperform lackluster Asia
November 9th, 2015
Asian stocks diverged on Monday, with markets in China and Japan leaping to their highest levels since August 21 while other regional bourses wobbled after below-view trade figures released at the weekend from China. October exports fell 6.9 percent from a ...
Bitcoin Price Goes Beyond $400: How High Will it Go?
November 6th, 2015
The price of bitcoin has shot up again! The steady increase of everyone’s favorite digital currency doesn’t appear to be a fluke. Bitcoin has been on the move practically every week over the last month. Now, in just a matter ...
Mark Carney: Prudent to Expect U.K. Rate Rise in 2016
November 6th, 2015
Bank of England governor comments in exclusive interview Says foreign investment key consideration in Brexit debate Mark Carney says Britons should be ready for a rate increase in 2016. “Would I rather have the majority of the British people ...
EU Commission: Autumn 2015 Economic Forecast
November 5th, 2015
Autumn 2015 Economic Forecast: Moderate recovery despite challenges The economic recovery in the euro area and the European Union as a whole is now in its third year. It should continue at a modest pace next year despite more ...
Standard Chartered seeks £3.3bn from shareholders
November 4th, 2015
Bank posts first loss in years, and says it will cut 15,000 jobs and withdraw from riskier lending Standard Chartered is asking shareholders to stump up £3.3bn while axing 15,000 jobs after reporting its first quarterly loss in 15 years. ...
Oil prices slide on profit-taking, but supply risks support
November 4th, 2015
Oil prices slipped in thin trading on Wednesday as investors took profits from the previous session’s rally, while potential supply disruptions in the United States, Brazil and Libya curbed losses. Brent futures for December delivery had fallen 4 cents ...
Asian stocks rejoice at offshore gains, Japan Post debut
November 4th, 2015
Asian stocks rose sharply on Wednesday, as a confluence of factors including a stellar market debut from Japan Post’s units in Tokyo fueled risk appetite in the region. A fifth straight day of gains for energy counters alongside a ...
Bitcoin Is Suddenly Surging Again
November 3rd, 2015
And there are various theories behind the rise. Bitcoin is back in the news, but this time it seems to be for all the right reasons. After a blockbuster 2013, the digital currency tumbled throughout 2014 on negative headlines, such as the February ...
Asian Stocks Track S&P 500 Gains; Aussie Rises as RBA Stays Put
November 3rd, 2015
Stocks rise from Sydney to Seoul as holiday closes Tokyo S&P 500 topped 2,100, back to pre-yuan devaluation levels Asian stocks climbed after signs of stabilization in global manufacturing activity helped drive the Standard & Poor’s 500 Index to ...
