Search Results for: oil exports
Middle East and North Africa region visitors rate to grow higher than the world average
March 27th, 2017
Visitors to the MENA region will total 195 million by 2030, growing at a rate higher than the world average, according to figures by the World Tourism Organisation (UNWTO). The rapid development of the sector will form part of ...
Yen stretches rally to seventh day; Asia Stocks Tumble
March 22nd, 2017
S&P 500 drops most since elections as reflation trades falter Yen stretches rally to seventh day while gold maintains gains Equities tumbled across Asia after the S&P 500 Index fell the most since Donald Trump’s election, as stocks joined ...
Yen climbs with Aussie and kiwi as Asian Stocks Mixed
March 8th, 2017
Japan shares drop while Hong Kong equities gain after data Yen climbs with Aussie and kiwi; crude slumps below $53 Asian stocks were mixed as investors continued to assess the staying power of a rally that brought global equities ...
Venezuela running out of cash
March 4th, 2017
The Central Bank of Venezuela says the country is down to just $10.5 billion in foreign reserves. At the same time, Caracas has to meet debt obligations of $7.2 billion this year. The country had nearly $30 billion in ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
Asia Stocks Slump as Dovish Fed Minutes Spur Yen: Markets Wrap
February 23rd, 2017
S&P 500 falls for second time in 11 sessions after record high Yen strengthens, dollar higher against most other major peers Asian equities followed U.S. stocks lower, with Japanese shares slipping after minutes from the Federal Reserve’s latest meeting ...
Huge gas finds in Mediterranean Sea waiting to be tapped
February 16th, 2017
Huge gas finds in Mediterranean Sea waiting to be tapped As the helicopter roars its way west from the Tel Aviv coast, two dots emerge from the featureless blue. Closer up, they begin to take shape: Giant platforms for ...
Asian stocks rallied; Dollar headed for first weekly advance since December
February 10th, 2017
Dollar headed for first weekly advance since December S&P rose to record, Treasuries fell after tax cut promises Asian stocks rallied while the yen and government bonds slumped after U.S. President Donald Trump promised a plan to overhaul business ...
Strengthening ruble boosts Russian imports
February 9th, 2017
Russian imports surged 36.4 percent year on year in January, as the ruble strengthened significantly, becoming the world’s best-performing currency last year. In the first month of the year, Russia imported $11.1 billion worth of products from non-CIS countries, ...
Yen Extends Slump on BOJ Move, Asian Stocks Advance: Market Wrap
January 27th, 2017
Mexican peso slides for second day, gold’s decline contines Greenback still set for monthly drop despite recent gains The yen extended its biggest decline in a week and Japanese bonds rose as the nation’s central bank stepped in to ...
