Search Results for: EU
German Investor Confidence Slumps
August 13th, 2014
German investor confidence fell to the lowest level since 2012 as the crisis in Ukraine and a sluggish euro-area recovery damp the outlook for Europe’s largest economy. The ZEW Center for European Economic Research in Mannheim said its index ...
Water deal could force another delay in Detroit bankruptcy trial
August 13th, 2014
A federal judge could once again push back the start date for the trial on Detroit’s exit from the largest municipal bankruptcy in U.S. history after some creditors said on Tuesday a possible settlement is snarling key components of ...
Gold Remains Close to $1310 as Geopolitical Concerns Weigh
August 13th, 2014
Gold ended modestly higher on Tuesday, supported after two days of declines by signs that the stand-off between Russia and Ukraine was hurting economic confidence in the euro zone economy. Analyst and investor morale in Germany, Europe’s largest economy, ...
West TX Oil Drops to 97.30 on Pressure
August 13th, 2014
Brent crude slipped below $103 a barrel on Wednesday to trade near its lowest level in more than a year as ample supplies countered any disruption risks posed by lingering tensions in Iraq and Libya. It was the fourth ...
Japan suffers biggest economic slump since 2011 quake as tax hike bites
August 13th, 2014
A sales tax hike last quarter drove Japan’s economy into its biggest contraction since the March 2011 earthquake and tsunami, Cabinet Office data showed on Wednesday, keeping policymakers under pressure to expand fiscal and monetary stimulus should recovery falter ...
Asian shares sluggish, Ukraine anxiety fans growth worries
August 13th, 2014
Asian shares were tentative on Wednesday, and copper prices slipped to six-week lows on worries about global growth, as investors remained cautious as the crisis in Ukraine threatened a fragile economic recovery in Europe. Adding to the fragile mood, ...
Being Pro-West Doesn’t Mean Being Anti-Russian
August 13th, 2014
The recent events in Ukraine and the resulting wave of sanctions, affecting all sides of the conflict, have once again intensified the long-running disagreement in Russia between pro-West and anti-West factions. Facebook is full of passionate arguments as yesterday’s ...
Overview on shares and stocks
August 13th, 2014
Markets are called partially lower this morning as investors reflect on the geopolitical crisis in Ukraine, Iraq and Gaza. The FTSE is called flat at 6,633, the German Dax is seen down nine points at 9,172 and the French ...
Iran sidesteps oil sanctions
August 13th, 2014
Iran is looking to export increasing amounts of oil to China and Asian markets by finding a way to sidestep Western sanctions. This will expand the value of its trade by potentially billions of dollars a year. In doing ...
Alibaba overhauls pact with Alipay parent
August 13th, 2014
The pact between Alibaba Group Holding Ltd and its payment affiliate Alipay was overhauled. This boosted the Chines e-commerce giant’s potential gain if Alipay is sold or goes public. Alibaba, which is set to go public in New York ...
