Search Results for: Markets
Qatari banks ink deal for Islamic finance venture in China
April 14th, 2015
Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China. At present there is very little Islamic finance activity in China, but the country’s ...
Wall Street falls ahead of first-quarter earnings
April 14th, 2015
Wall Street edged lower on Monday after two consecutive weeks of gains as fears increased that the strong dollar and lower oil prices will hurt US first-quarter earnings. The Dow Jones industrial average fell 81 points, or 0.45%, to ...
Where is Gold heading to?
April 13th, 2015
Any hike by the Fed, which has kept rates near zero since 2008 to stimulate the U.S. economy, could hurt demand for bullion. A new monthly bullion report by Angel commodities say from a month’s perspective, spot gold prices ...
First US law firm to be licensed as ABS in UK
April 13th, 2015
The US firm has made its first UK hire and is going down the alternative business structure route. US law fim Cahill Gordon & Reindel has become the first US firm to be licensed as an Alternative Business Structure ...
Top 12 Media Myths on oil prices
April 13th, 2015
The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s ...
Dollar’s rising trend remains intact amid weak China
April 13th, 2015
The dollar keeps moving up amid signs of a lackluster outlook for major economies such as China and Japan. The dollar maintained its rising trend on Monday in Asia amid signs of a lackluster outlook for major economies such ...
Dollar heads for biggest weekly gain in nearly a month
April 10th, 2015
The dollar rose Friday against most major rivals, remaining on track to log its best week in about a month. The ICE U.S. Dollar Index DXY, +50% a key measure of the dollar’s strength against a basket of six currencies, ...
Central Banks at Zero Failing to Turbocharge Effect of Cheap Oil
April 9th, 2015
Central bankers unable to cut interest rates are failing to turbocharge the effect of declining oil prices. Economists at Oxford Economics Ltd., a U.K.-based research group, say policy makers may be damping hopes that last year’s near-halving of crude ...
Coinsetter Acquires Canadian Bitcoin Exchange CAVIRTEX to Expand Company’s Global Footprint
April 9th, 2015
Wall Street-based Coinsetter will move CAVIRTEX headquarters office to Toronto and integrate its institutional-class exchange technology to offer Canadian bitcoin traders a best-in-class Canadian Dollar bitcoin exchange Coinsetter, the global bitcoin exchange based in New York City, today announced ...
Greece’s €459m debt payment to IMF due on Thursday
April 9th, 2015
Eurozone country is close to running out of cash and the ECB, the EU and the IMF have frozen further aid until they reach an agreement with its left-wing government Greece is due to make a €459m (£332m) loan repayment ...
