Search Results for: Bank of China
Bitcoin prices touch fresh 3-year high
February 22nd, 2017
The price of a single bitcoin leapt to its highest level in more than three years on Tuesday, as traders bought up coins in anticipation of the Securities and Exchange Commission’s ruling on a proposed bitcoin exchange-traded fund. One ...
Oil prices creep higher, but overshadowed by U.S. supply
February 20th, 2017
Crude futures traded slightly higher on Monday, but the market struggled on signs that the U.S. oil production is on a steady uptrend, which could potentially thwart ongoing efforts by multiple oil producers to curb global supply. On the ...
Asia Shares Gain as Yen Weakens; Unilever in Focus: Markets Wrap
February 20th, 2017
Kraft Heinz withdraws its $143 billion bid for Unilever U.S. stock and bond markets closed Monday for President’s Day Asian stocks rose, as Tokyo shares erased morning losses after the yen weakened and Hong Kong equities resumed a rally. ...
Asian Stocks Drop Even as Reflation Pullback Eases: Markets Wrap
February 17th, 2017
S&P 500 slips in New York trading, oil heads for weekly loss U.K. retail sales and U.S. leading index due on Friday Investors continued to step away from Asian equities at the end of the week even as a ...
Asia Stock rally fizzles as bonds gain; Dollar weakens
February 16th, 2017
Dollar weakens while Treasuries halt a five-day slide MSCI All-Country World Index hit a record on Wednesday The reflation trade rally that sent global equities soaring to the highest level on record was cut short during Asian hours as ...
Bitcoin dives below $1,000
February 14th, 2017
Bitcoin dives below $1,000. Overnight selling has pushed the cryptocurrency down 1.10%, or $11, to $989 a coin, and below the psychologically important level for the first time since February 3 as sellers remain in control following the decision ...
Dollar slumps, yen strengthens
February 14th, 2017
Dollar slumps after Flynn resigns as national security adviser Japan shares fall as yen strengthens; Hong Kong equities swing Japanese stocks fell, taking the momentum out of a global rally after U.S. benchmarks surged to a fresh round of ...
Oil prices stable on strong Chinese imports, OPEC-led production cuts
February 10th, 2017
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.68 ...
Salaries in the Middle East to see slight increase in 2017
February 9th, 2017
The strongest salary growth of 3 per cent is expected in the procurement and supply chain sector Salaries in the Middle East are anticipated to increase by an average of 2 per cent this year, according to a new ...
Asian Bonds Gain, Kiwi Falls, Yen Slipped
February 9th, 2017
Asian Bonds Gain While China Shares Extend Rally Kiwi falls after New Zealand central bank holds rates Euro-dollar volatility surges amid French election buildup Political uncertainty continues to drive financial markets, with Asian bonds following a rally in Treasuries. ...
