Search Results for: dollar
Russia is now China’s biggest oil partner — and it’s a huge problem for Saudi Arabia
February 4th, 2016
Saudi Arabia has long trumped Russia in the Chinese oil market. The Saudi share of Chinese crude imports at the beginning of the decade was about 20%, while Russia’s was below 7%, according to data cited by RBC Capital ...
CFTC Charges Financial services Firm
February 4th, 2016
CFTC Charges Florida-Based Oakmont Financial, Inc. and Joseph Charles DiCrisci with Engaging in Illegal, Off-Exchange Precious Metals Transactions The U.S. Commodity Futures Trading Commission (CFTC) filed a civil injunctive enforcement action in the U.S. District Court for the Southern ...
Lower oil prices hit UAE and Saudi Arabia economies, latest PMI survey shows
February 4th, 2016
The economies of the UAE and Saudi Arabia slowed further last month, according to monthly trackers of business activity published yesterday, as falling oil prices and a stumbling global economy hit the region. The UAE purchasing managers’ index, which ...
Dow, S&P 500 rally with energy; Alphabet drops
February 4th, 2016
U.S. stocks staged a late-day rally on Wednesday as an 8-percent jump in oil prices lifted beaten-down energy shares and financials rebounded. The Nasdaq stayed weaker but ended well off the day’s lows. Oil prices LCOc1 CLc1 snapped a ...
Surprises in store…
February 3rd, 2016
The month of January has been a wake-up call for complacent equity investors. From the peaks of last year stock indices in the major markets have fallen 10-20%, give or take. On their own, these falls could be read ...
Asia stocks follow US in sharp sell-off
February 3rd, 2016
Asian stocks traded sharply lower on Wednesday, after Wall Street sold off as much as 2 percent overnight amid a plunge in oil prices. Japan’s Nikkei 225 dropped 3.36 percent, while the Topix fell 3.46 percent. Across the Korean ...
Oil Prices Drop as Chances Fade for Output Cuts
February 2nd, 2016
Coordinated cutbacks considered less likely after Iran raises its export target Oil prices gave back a big chunk of last week’s gains, with traders losing hope that the world’s big producers will cut their output and that Asia’s economies ...
Asia markets trade lower, focus on oil, earnings and central banks
February 2nd, 2016
Asia markets closed mostly lower on Tuesday, weighed by declines in the energy sector as oil prices continued to tumble. Japan’s Nikkei 225 lost 114.55 points, or 0.64 percent, to close down at 17,750.68, while South Korea’s Kospi slipped ...
5 Ways To Turn Facebook Messenger Into Your Best Customer Service Tool
February 1st, 2016
A lot of your customers are on Facebook—and soon all of them will have the opportunity to message your business. According to Nielsen the Facebook messenger app was the fastest growing app of 2015. Your customers are on Facebook ...
Barclays Among Bidders For TD Direct Broker
February 1st, 2016
Barclays has emerged as a surprise potential buyer of TD Direct Investing as its Canadian owner explores a sale, Sky News learns. Barclays has tabled an offer to buy TD Direct Investing, one of the UK’s biggest retail stockbroking ...
