Search Results for: Arab
OPEC’s El-Badri Says $200 Oil Possible With Lack of Spending
January 26th, 2015
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply. Crude futures pared losses in London and New York. “If you don’t invest in oil and gas, you will see more ...
ADIB eyes capital boost after 19.3% profit rise
January 26th, 2015
Abu Dhabi Islamic Bank said yesterday, it planned to boost its capital base to help support future growth, after setting aside less cash for bad loans helped it post a 19.3 percent rise in fourth-quarter net profit. Banks in ...
Minimum interest rates at credit auctions to provide Bank of Russia loans in US dollars to credit institutions
January 26th, 2015
The Bank of Russia set the minimum interest rates for 28-day and 365-day credit auctions held on 26 January 2015 to provide US dollar Bank of Russia loans secured by the pledge of claim on US dollar loans at 0.9178% and 1.3719% per annum respectively. Other parameters of the auctions are published in the Bank ...
Oil falls after Greek election sends euro tumbling
January 26th, 2015
Oil slid in early Asian trade on Monday, with U.S.crude falling close to a six-year low, after Greece’s election results heightened uncertainty in the euro zone and depressed the bloc’s currency against the dollar. Greece’s left-wing Syriza appeared on course to trounce the ...
Euro Slips With U.S. Futures on Greece as Treasuries Gain
January 26th, 2015
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian stocks dropped with crude oil and industrial metals. The 19-nation ...
CFTC Issues Order of Registration for Bursa Malaysia Derivatives Berhad
January 23rd, 2015
The U.S. Commodity Futures Trading Commission announced today that is has issued an Order of Registration to Bursa Malaysia Derivatives Berhad (BMD), a Foreign Board of Trade located in Kuala Lumpur, Malaysia. Under the Order, BMD is permitted to provide ...
Oil jumps as Saudi king’s death feeds market uncertainty
January 23rd, 2015
Oil prices jumped in Asian trading on Friday as news of the death of Saudi Arabia’s King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades. Abdullah died early on Friday and ...
CFTC Issues Order of Registration for the Tokyo Commodity Exchange, Inc.
January 21st, 2015
The U.S. Commodity Futures Trading Commission (Commission) announced today that it has issued an Order of Registration to the Tokyo Commodity Exchange, Inc. (TOCOM), a Foreign Board of Trade located in Tokyo, Japan. Under the Order, TOCOM is permitted ...
World Economic Outlook (WEO) UPDATE
January 20th, 2015
Cross Currents Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment ...
SEC Adopts Rules to Increase Transparency in Security-Based Swap Market
January 15th, 2015
The Securities and Exchange Commission today adopted two new sets of rules that will require security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data. The SEC ...