Search Results for: oil
China shares lower, but ‘real economy’ sound says state media
January 28th, 2016
China’s volatile shares were lower again on Thursday, taking losses this month to about 23 percent or 12 trillion yuan ($1.8 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai ...
Euronext launches sugar contract
January 27th, 2016
A hedging solution for European sugar Euronext announced that it will be launching a new Sugar commodities futures contract in the autumn of 2016, subject to regulatory approval. Aimed at all the actors of the European Union Sugar ecosystem, ...
Gold near 12-wk top as dollar slips ahead of Fed statement
January 27th, 2016
Fed expected to keep rates unchanged, cite gloomy global outlook Dollar weaker versus currency basket, Asian stocks subdued SPDR Gold holdings at highest since November Coming Up: Federal Reserve releases statement; 1900 GMT (Updates prices) Gold beamed near a ...
China shares tumble again, taking 2016 losses to $2 trillion
January 27th, 2016
Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to nearly 25 percent or 13 trillion yuan ($2 trillion). The benchmark Shanghai Composite Index SSEC was down 3 percent in afternoon ...
FTSE 100 claws back its early losses
January 26th, 2016
London shares clawed back early losses on Tuesday as oil prices rose back above $30 a barrel. At midday, the FTSE 100 index was down 29.5 points, or 0.50%, at 5,847.5, having earlier been down as much as 100 points. Brent ...
How domestic economic strength can prevail over global weakness
January 26th, 2016
Find below the Keynote speech by Mario Draghi, President of the ECB, at the Deutsche Börse Group New Year’s reception 2016, Eschborn, 25 January 2016 Thank you, Mr Faber, for your very kind introduction. And let me start by ...
China Stocks Plunge to 13-Month Low Amid Capital Outflow Concern
January 26th, 2016
Yourong Fund, Rabobank, Chart Partners predict further losses China capital outflows reached estimated $1 trillion in 2015 China’s stocks tumbled to the lowest levels in 13 months amid concern capital outflows will accelerate as the economy slows and support ...
J.P. Morgan to Pay $1.42 Billion to Settle Most Lehman Claims
January 26th, 2016
Deal doesn’t resolve all of failed investment bank’s claims against J.P. Morgan J.P. Morgan Chase & Co. has agreed to pay the remnants of Lehman Brothers Holdings Inc. $1.42 billion in cash to settle most of the failed investment bank’s ...
Greece Reaches Tsipras Anniversary Facing Pension Battle
January 25th, 2016
Bonds sink ahead of tough negotiations over pension reform Government wants speedy end to bailout review with creditors Prime Minister Alexis Tsipras is marking the one-year anniversary of his election on Monday as Greece finds itself once again with ...
Goldman Sachs and Morgan Stanley Cut Chiefs’ Pay
January 25th, 2016
Goldman Sachs and Morgan Stanley have both cut the pay packages of their chief executives after a year when Wall Street was challenged by increased regulation and market turmoil. Goldman Sachs, the most closely followed firm on Wall Street, said on Friday ...
