Search Results for: China
Asia mostly higher; Nikkei leads with 2% gain
May 10th, 2016
Asia markets traded mostly higher on Tuesday, with the Japanese benchmark index leading gains in the region. The Nikkei 225 added 2.04 percent, while across the Korean Strait, the Kospi traded up 0.36 percent. In Hong Kong, the Hang Seng index was down 0.05 percent. ...
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
What Saudi Arabia’s decision to replace its once-influential oil minister really means
May 9th, 2016
Saudi Arabia’s decision to replace its once-influential oil minister is being viewed widely as the latest effort of Deputy Crown Prince Mohammed bin Salman to consolidate power and pursue what one analyst has called a “brutal battle for market access against ...
T-TIP: Salvation or trash-tip?
May 9th, 2016
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be at the back of the queue when it comes to a free trade agreement. If ...
Oil Rises as Canadian Fires Spread, Saudi Oil Minister Replaced
May 9th, 2016
Canada wildfires cut oil-sands production by about 40%: IHS Ali al-Naimi succeeded by Al-Falih, head of state oil company Crude rose as expanding wildfires in Canada knocked out about 1 million barrels a day of output, and after Saudi Arabia ...
HKEX announced Seven Sector Index Futures Contracts to Debut on 9 May
May 6th, 2016
The seven sector index futures contracts to be rolled out by Hong Kong Exchanges and Clearing Limited (HKEX) on Monday, 9 May 2016 will enable investors to gain exposure to a basket of stocks in a key segment of ...
Oil prices dip as strong dollar outweighs supply disruptions
May 6th, 2016
Oil prices fell on Friday, dragged down by a surging dollar and sliding Chinese commodities which at least temporarily outweighed crude supply disruptions in Canada as a result of a massive wildfire threatening its huge oil sands operations. The ...
Asian Stocks Sink to Four-Week Low as Yen Gains; Aussie Slides
May 6th, 2016
Australian bonds surge as RBA cuts inflation forecast Oil near $44, poised for first weekly decline in a month Asian stocks dropped, set for the biggest weekly loss since February, and the yen rose before key American jobs data ...
Stocks open higher as oil spikes
May 5th, 2016
U.S. stocks look set to get back on the winning track as equity prices opened higher Thursday, helped by a spike in oil prices caused by production outages in Canada due to wildfires. The Dow Jones industrial average kicks off trading ...
South Korea offers 25 billion USD investment package to Iran
May 5th, 2016
South Korean President Park Geun-hye offered 25 billion U.S. dollars aid for infrastructure investment in Iran, Petro Energy Information Network (SHANA) reported on Wednesday. According to its 6th Development Plan, Iran wants to invest 185 billion U.S. dollars in ...
