Search Results for: China Market
Yen fell as the central bank moved to reassert control over rising yields
February 3rd, 2017
Shanghai shares slip as trading resumes after holiday Focus turns to U.S. jobs as investors seek clues on economy Japanese government bonds swung and the yen fell as the central bank moved to reassert control over rising yields, while ...
World Bank is forecasting Industrial Commodities Prices to Surge in 2017
February 2nd, 2017
The World Bank is forecasting strong gains for industrial commodities such as energy and metals in 2017, due to tightening supply and strengthening demand. In its January 2017 Commodity Markets Outlook, the World Bank is holding steady its crude ...
Global trade update
January 30th, 2017
The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Europe The easy pattern of prolonged trade negotiations has been rudely interrupted by President Trump. Even before he had become President his anticipated presence in ...
Oil extends declines on rising U.S. output
January 30th, 2017
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. Uncertainty over the outlook for U.S policy also broadly weighed on ...
MoneyGram Agrees to Merge with Ant Financial
January 27th, 2017
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today announced that they ...
Oil prices dip as rising U.S. output offsets OPEC-led cuts
January 27th, 2017
Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. Brent crude futures LCOc1, the international benchmark for oil prices, ...
Alibaba announced Revenue of US$7,669 million; an increase of 54% year-over-year
January 25th, 2017
Alibaba Group Holding Limited (NYSE: BABA) today announced its financial results for the quarter ended December 31, 2016. “Our robust December quarter demonstrates the strength of the Chinese consumer and Alibaba’s ability to create value across our vast ecosystem,” ...
What’s next for blockchain and cryptocurrency
January 24th, 2017
In May of 2010, someone on a Bitcoin forum by the name of Lazlo claimed to have bought two pizzas for 10,000 bitcoins. It was the first time anyone had purchased anything with the new digital currency, which at ...
CLS signs MOU with Chinese think tank
January 24th, 2017
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, has signed a memorandum of understanding (MOU) with the National Institution for Finance and Development (NIFD). The MOU defines close ...
Dollar Declines, Gold Gains With Industrial Metals
January 23rd, 2017
Yen climbs as traders react to Trump’s first days in office Japan’s Topix falls while Shanghai, Taiwan equities advance The dollar slumped after Donald Trump in his first days in office offered little news on his plans to boost growth ...
