Search Results for: China Market
Rule of law in Poland: Commission starts dialogue
January 14th, 2016
The Commission discussed the respect of the Rule of Law in Poland and launched a dialogue under the Rule of Law Framework. It also discussed migration, the Investment Plan for Europe, a pillar of social rights and the treatment ...
When OPEC cuts output, oil prices will begin to climb
January 13th, 2016
While the consensus view is the the oil price will go even lower yet, once production is reduced it will start rising again. There’s a very good reason why the price of oil keeps falling – there’s no real need to buy it. ...
Major Asian stocks close up, Nikkei rebounds 2.88%
January 13th, 2016
Asia markets closed mostly higher, with some major indexes rebounding Wednesday, in a sign of returning stability even in the face of lingering worries about China and falling commodity prices. That follows a volatile start to the year, in ...
Chinese regulator asks banks to cut wealth management yields
January 12th, 2016
China‘s banking regulator and main bond clearinghouse have asked commercial banks to reduce rates they offer on high-yielding wealth management products (WMPs), five sources told Reuters, an apparent back-pedalling on commitments to let markets price credit. The move to ...
Worldwide Regulated Open-ended Fund Assets and Flows
January 11th, 2016
Important decline in net assets and net sales of worldwide investment fund assets in Q3 The European Fund and Asset Management Association (EFAMA), has released its latest international statistical release containing the worldwide investment fund industry results for the third quarter ...
ICBC Standard Bank buys Deutsche’s London bullion vault – sources
January 11th, 2016
ICBC Standard Bank growing bullion footprint Chinese-South African lender looking to become bullion clearer ICBC Standard Bank is buying the lease on Deutsche Bank’s London gold and silver vault, enlarging its footprint in the city’s bullion market, four industry ...
Banks Still Closing Accounts Over Bitcoin Activity
January 11th, 2016
Finding a bank that makes it easy to buy and sell bitcoin continues to be a challenge. The problem doesn’t come as a surprise to CCN readers, given that some major banks have questioned the need for bitcoin. (Some ...
In Saudi Aramco IPO, Global Refining Empire May Be the Prize
January 11th, 2016
Saudi state-owned company mulls `bundle’ of refiners listing Aramco will be world’s top refiner by 2020, overtaking Exxon Investors hoping a Saudi Arabian Oil Co. IPO will provide a chance to buy a stake in the world’s largest crude ...
Meet 2016’s Worst Economic Performers Flirting With Disaster
January 11th, 2016
For the world’s worst-performing economies, no good will come from New Year’s resolutions to do better. For many, 2016 will only bring more disappointment, say economists surveyed by Bloomberg. Oil-rich Venezuela will contract by 3.3 percent this year, the ...
Shanghai drops 5%, Shenzhen down 6.5% in renewed sell-off
January 11th, 2016
Chinese markets extended an already rough start to the year Monday, losing further ground and other Asian markets came along for the ride lower. The Shanghai composite was down as much 5.22 percent in late-afternoon trade, while the Shenzhen Composite shed 6.5 percent. ...
