Search Results for: Oil
China shares drop, with the Shanghai Composite tumbling more than 5%
February 25th, 2016
China markets tumbled Thursday, extending a long rout, but some Asian markets posted gains following Wall Street’s reversal of sharp intraday losses overnight on the back of higher oil prices. Concerns were raised over China this week after the People’s ...
Standard Chartered Drops After First Annual Loss Since 1989
February 24th, 2016
Loan impairments almost double to $4 billion, highest ever CEO Winters says performance to remain `subdued’ in 2016 Bill Winters took more “painful” steps to turn around Standard Chartered Plc as the bank posted its first annual loss since ...
Asia trades lower as market sentiment falls, ASX slips 2%, Shanghai down 1%
February 24th, 2016
Asia stocks traded mostly down Wednesday morning, with a combination of low oil prices, concerns over China and weak overnight data weighing on market sentiment. In Japan, the benchmark Nikkei 225 retraced losses over 1.7 percent early on to trade down ...
Asia loses steam as major markets trade lower
February 23rd, 2016
Asian stocks lost momentum Tuesday, trading mostly lower as the improved market sentiment which spurred a global rally Monday appeared to fade. Chinese markets, which started trading at 9.30 a.m. HK/SIN time, stayed in negative territory in afternoon trade, ...
Leucadia announced Fourth Quarter 2015 Results
February 22nd, 2016
Leucadia National Corporation (NYSE: LUK) announced its financial results for the three and twelve month periods ended December 31, 2015. Adjusted net income attributable to Leucadia National Corporation common shareholders, which excludes the operating results of Jefferies’ Bache business, was income of ...
Brent trades near $33 as Russia sees output talks done by March
February 22nd, 2016
Brent traded near $33/bbl as Russia said talks on an output freeze will be done by March 1 while Nigeria said some countries should have production capped at higher levels. Futures rose as much as 0.8% in London, paring Friday’s 3.7% drop. ...
Poll Results: On what is better to invest? (Poll Closed February 19)
February 19th, 2016
On February 19 closed the poll on www.onestopbrokers.com where you have shared your opinion about ‘On what is better to invest?’. Investors are always looking the best investments base their objective to design their portfolio. The increased volatility in ...
OECD downgrades global growth outlook
February 19th, 2016
Achieving strong growth in the global economy remains elusive, with only a modest recovery in advanced economies and slower activity in emerging markets, according to the OECD’s latest Interim Economic Outlook. The world economy is likely to expand no faster ...
Asia trades lower as Nikkei slips 2.2%
February 19th, 2016
Major markets in Asia were mostly down on Friday, with the Japanese market falling behind its regional peers. The Japanese benchmark Nikkei 225 index shed 2.18 percent in the afternoon trade with shares broadly trading in the red. The yen strengthened ...
Boeing Chief Defends Accounting Practice
February 18th, 2016
Dennis Muilenburg ‘very confident’ in bookkeeping system days after report alleging SEC probe Boeing Co. Chief Executive Dennis Muilenburg on Wednesday defended the aerospace company’s accounting practices and corporate strategy in the wake of weeks of volatile stock movements. The company’s shares have ...
