Search Results for: Asia markets
Euro Area Urges Tsipras to Meet Bailout Pledges Without Delay
October 6th, 2015
Funds for recapitalization tied to country meeting conditions Finance ministers tell Tsipras not to ease up on reforms Greece shouldn’t expect the euro area to relax bailout requirements to meet next month’s deadline for unlocking money to recapitalize its ...
Gold stocks go through the roof
October 5th, 2015
Shares in Australian gold miners rallied hard on Monday, with Northern Star Resources even hitting a new all-time high on an improved outlook for the precious metal. The spot gold price jumped 2.2 per cent to $US1136 an ounce ...
NIRP, its likelihood and effect on commodities
October 5th, 2015
In last week’s article I pointed out that negative interest rates should lead to a general shift in consumer preferences from money towards essential goods. Central bankers may wish for this outcome on a controlled basis to allow them ...
Oil up as Russia ready to talk with producers, US rig count drops
October 5th, 2015
Crude oil futures edged up on Monday after Russia said it was ready to meet other producers to discuss the situation in the global oil market, where prices have more than halved from last year’s highs due to a ...
CFTC Orders Deutsche Bank AG to Pay a $2.5 Million Civil Monetary Penalty
October 2nd, 2015
CFTC Orders Deutsche Bank AG to Pay a $2.5 Million Civil Monetary Penalty for Swaps Reporting Violations and Related Supervision Failures CFTC Finds that Deutsche Bank Did Not Diligently Address and Correct Errors until after Bank Was Notified of ...
Oil rises as Syria fighting intensifies; U.S. worries over hurricane fade
October 2nd, 2015
Crude prices rose on Friday as fighting in Syria intensified, but remained on course to end the week largely unchanged as a hurricane was seen as less likely to affect U.S. oil facilities. Hurricane Joaquin, which on Thursday had prompted fears ...
This Is For The ‘Nothing Is Happening’ Crowd…
September 30th, 2015
A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories floating around, and many of them had no basis in reality whatsoever. But without a ...
Oil falls after U.S. inventories show buildup
September 30th, 2015
Crude oil futures fell in early Asian trade on Wednesday after U.S. inventories showed a weekly buildup that far exceeded analyst expectations. The American Petroleum Institute said late on Tuesday that U.S. crude oil stockpiles rose by 4.6 million ...
1Pay expands payment coverage through partnership with Fortumo
September 29th, 2015
The payment service provider 1Pay and the mobile payments company Fortumo are today announcing a partnership for direct carrier billing in South-East Asia. Merchants using 1Pay are now able to collect payments from their users in Thailand, Vietnam and Indonesia by charging payments ...
Should you fear a ‘Glencore’ moment?
September 29th, 2015
Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world’s largest resource companies, is unable to control its skyrocketing debt load. Hong Kong-listed shares of the Anglo–Swiss commodity ...
