Search Results for: China Market
Oil giant BP predicts Opec comeback as Brent crude price rises
February 18th, 2015
Saudi Arabia and its fellow Opec members are set to make a massive comeback and regain control of the world’s crude oil market, and could be in their previous position of influence as early as next year. The prediction, published by oil giant BP yesterday, ...
Bank of Indonesia Rate Lowered by 25 bps to 7.50%
February 17th, 2015
On 17th February 2015, the Bank Indonesia Board of Governors decided to lower the BI Rate 25 bps to 7.50%, with the Deposit Facility rate also reduced 25 bps to 5.50% and the Lending Facility rate maintained at 8.00%, effective ...
Global dividend income hits new record of $1.167 trillion
February 17th, 2015
The total dividend income paid to shareholders around the world rose by 11% last year to $1.167 trillion, according to investment firm Henderson Global Investors. The biggest increase in cash payouts came from US firms at $52bn. Henderson said ...
Asia stocks mostly rise, gains tempered by Greek standoff
February 17th, 2015
Asian stock markets were mostly higher Tuesday but gains were tempered after Greek debt talks broke down, raising the prospect Athens might leave the euro currency. KEEPING SCORE: Tokyo’s Nikkei 225 was little changed at 18,001.58 while the Shanghai ...
Singapore Turns to Service as Global Economy Weakens
February 17th, 2015
Singapore is counting on its position as an Asian financial hub to bolster services exports as overseas demand for its goods falters amid an uneven global recovery. The growing importance of services has prompted the government to release quarterly ...
Tokyo shares at eight-year top, Greek talks loom
February 16th, 2015
Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices faded after an early spurt, ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
Gold demand sinks to five-year low in 2014 (Video)
February 12th, 2015
Global gold demand slumped to its lowest level in five years in 2014 as bar and coin buying plunged and jewelry purchases cooled, according to the World Gold Council (WGC). Overall demand totaled 3,924 tonnes, down 4 percent on year at ...
Asia stocks, euro fall as Greek uncertainty saps confidence
February 12th, 2015
Asian stocks and the euro fell on Thursday as markets erred on the side of caution over the ongoing Greek debt negotiations amid conflicting headlines on progress in the talks. The uncertainty is expected to be highlighted in a ...
Stocks, currencies wary of Greek confusion
February 11th, 2015
Asian stock markets turned cautious on Wednesday while the U.S. dollar crept higher as looming euro zone meetings to discuss the Greek debt crisis threatened to produce more confusion than clarity. Euro zone finance ministers meet later on Wednesday and EU leaders on Thursday, ...
