Search Results for: Middle East
Being Pro-West Doesn’t Mean Being Anti-Russian
August 13th, 2014
The recent events in Ukraine and the resulting wave of sanctions, affecting all sides of the conflict, have once again intensified the long-running disagreement in Russia between pro-West and anti-West factions. Facebook is full of passionate arguments as yesterday’s ...
European Stocks Advance as BMW Beats Earnings Forecasts
August 5th, 2014
European stocks rose, rebounding from four days of losses, as companies including Bayerische Motoren Werke AG and Credit Agricole SA reported better-than-expected quarterly profit. U.S. stock futures were little changed, while Asian shares fell. BMW and Deutsche Post AG ...
Asian shares pressured by Wall Street, geopolitical tensions
August 4th, 2014
Fears of further declines on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle. Japan’s Nikkei average ...
U.S. Stock-Index Futures Are Little Changed Before FOMC
July 29th, 2014
U.S. stock-index futures were little changed, as investors weighed company earnings and the Federal Reserve starts a two-day policy meeting. Herbalife Ltd. (HLF) sank 11 percent in early New York trading after posting quarterly earnings that missed estimates. Aetna ...
Shares, dollar steady ahead of key U.S. data, Fed meeting
July 29th, 2014
World stock markets remained almost unchanged on Monday while the U.S. dollar traded mostly flat against a basket of major currencies ahead of key U.S. economic reports and events this week. Wall Street ended flat as the latest deal ...
Asian stocks reach three-year peak, China holds gains
July 29th, 2014
Asian shares touched fresh three-year highs on Tuesday as investors in the region drew encouragement from a rally in Chinese markets, though caution was warranted given the torrent of U.S. economic news still to come this week. Hong Kong’s ...
Asia stocks drop after earnings hurt Wall Street
July 28th, 2014
Asian stocks faced a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world’s second-largest economy. The dollar ...
The IMF’s latest Outlook Update says for Slow but Steady Global Recovery
July 25th, 2014
The IMF’s latest World Economic Outlook (WEO) Update says that global recovery continues but at an uneven pace, and that downside risks remain. Continued policy efforts are needed to secure a more robust recovery. Global growth forecast at 3.4 ...
Gold Under Pressure, Dips Under $1300
July 24th, 2014
Gold has dipped under the key level of $1300, as the spot price stands at $1298.67 per ounce late the European session. The metal has now slipped about 2% in little over a week. In the US, Unemployment Claims ...
U.S. Stocks Rise as Apple Rallies With Health-Care Shares
July 23rd, 2014
U.S. stocks roes, with the Standard & Poor’s 500 Index at an all-time high, as Apple Inc. results boosted technology companies and health-care shares rallied amid earnings. Apple surged to the highest since 2012 after signaling the long wait ...