Search Results for: European countries
OPEC Producers Cut Oil Prices to Asia in Battle for Market Share
February 11th, 2015
Iraq and Iran joined Saudi Arabia in cutting their March crude prices for Asia to the lowest level in more than a decade, signaling the battle for a share of OPEC’s largest market is intensifying. Iraq’s Basrah Light crude ...
HSBC files: international outcry over activities at bank’s Swiss arm
February 10th, 2015
Revelations of collusion with wealthy and criminal clients in tax malpractice triggers furious response around the world HSBC was fighting an international firestorm on Monday over revelations that its Swiss private bank helped clients conceal undeclared accounts and provided services ...
Asia slips amid Greek exit worries, dollar flags
February 10th, 2015
Asian equities were lower across the board on Tuesday as nervousness over Greece potentially withdrawing from the euro and escalating conflict in Ukraine sapped risk appetite, while the dollar lost steam after its payrolls-inspired rally. Japan’s Nikkei slipped 0.8 ...
Ready for Brexit?
February 9th, 2015
ING’s economist James Knightley analysed the potential effects on the UK economy of holding a referendum on exiting the European Union (Brexit). Real risk that the UK leaves the EU The UK’s future relationship with Europe will be a ...
Central Banks Move to Drive Down Currencies, Yielding Domino Effect
February 9th, 2015
The central-bank stimulus spree of 2015 has the look of a global currency war. In quick succession, countries representing about a third of the world’s economic output—from the eurozone to China, Australia and Canada—have taken steps that have driven ...
Alpari issued a press release regarding Global Expansion of its Business
February 6th, 2015
Alpari’s chairman of the board of directors, Andrey Dashin has completed a deal to acquire Alpari (UK)’s intellectual property. This, amongst other things, includes the Alpari trade marks and domain names and encompasses more than 60 countries. These countries ...
Varoufakis looking for plan to bridge gap after Schaeuble talks
February 6th, 2015
Greek Finance Minister Yanis Varoufakis pledged on Thursday to present to the next Eurogroup a roadmap that will show how Greece could transition from its current bailout to a new agreement, which he believes can be agreed by the ...
Schäuble on his meeting with Varoufakis: We agreed to disagree
February 5th, 2015
February 5, Thursday – Statements of the two Finance Ministers after the conclusion of their meeting. Greek Finance Minister Yanis Varoufakis’ crucial meeting with his German counterpart Wolfgang Schäuble in Berlin begun at around 12.30 (Athens time) and lasted for ...
‘Currency war’ to be ‘lose-lose’ game: Strategist (video)
February 4th, 2015
With each fresh headline of a central bank cutting interest rates comes rising concerns over the global race to the bottom. As the U.S. contemplates coming off policies that suppressed the dollar’s value, its counterparts are heading in the ...
Rising oil boosts investors’ optimism
February 4th, 2015
US markets surged on Tuesday as rising oil prices lifted energy shares. Energy issues gained 2.8%, marking fourth-straight advance. Investors’ optimism was boosted also by developments in Greece’s debt negotiations and automaker’s reports of increases in January car sales. ...
