Search Results for: Chinese markets
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
Asia to test bond record again in 2015
December 30th, 2014
Asia could set another record for international bond issues in 2015 if Chinese companies continue to borrow offshore at the same voracious pace they did this year, while bankers expect a heavy redemption schedule and larger pipelines from India ...
Global Oil: Production, Politics, Price and Pain
December 23rd, 2014
The drop of oil prices in the past six months is all over the headlines with all sorts of opinions about how this is good or bad for economies around the world, consumers and corporations. Like everything there are ...
Yen Weakens Third Day as BOJ Maintains Easing; Aussie, Kiwi Gain
December 19th, 2014
The yen fell for a third day against the dollar as the Bank of Japan maintained unprecedented stimulus that has seen the exchange rate decline for five straight months. Japan’s currency fell at least 0.3 percent versus all 16 ...
Brent below $60: Prepare for ‘dramatic’ investment cuts
December 16th, 2014
Brent crude prices fell below $60 per barrel for the first time since July 2009 on Tuesday, prompting analysts to warn of a “dramatic” cut in investment – which could hit future supply. Brent for January delivery was trading ...
Standard Chartered to sell Hong Kong consumer business to Pepper-linked consortium: sources
December 16th, 2014
Standard Chartered (STAN.L) has agreed to sell its Hong Kong-based consumer finance business to a consortium that includes Pepper Australia Pty Ltd and a Chinese group, in a deal estimated between $600 million to $700 million, two people with ...
Asia stocks dip, somber data offsets strong U.S. job numbers
December 8th, 2014
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...
Asian shares edge down, oil rises as crude inventories decline
December 3rd, 2014
The dollar marked a fresh seven-year high against the yen on Wednesday, which helped lift the Nikkei to a similar record, while oil prices recovered after data showed a drop in U.S. supply. MSCI’s broadest index of Asia-Pacific shares ...
Commodities Retreat to Five-Year Low as Oil Tumbles With Bullion
December 1st, 2014
Commodities fell to the lowest in five years as oil sank on prospects for a glut, gold fell after Swiss voters rejected a move to force the central bank to buy bullion and data from China confirmed a slowdown ...
OPEC inaction halts Europe rally; dollar firms
November 28th, 2014
Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude LCOc1 touched a low of $71.12 a barrel after settling at ...
