Search Results for: Energy
Iran to introduce credit cards for the first time
September 26th, 2016
The Central Bank of Iran allowed the country’s financial institutions to issue credit cards for the first time in Iran’s history, however the cards are unlikely to be issued soon, local ISNA news agency reported, citing the Central Bank ...
Asia Stocks Fall as Oil Rebounds Before Output Talks; Lira Sinks
September 26th, 2016
Turkey’s lira extends slide after Moody’s cut rating to junk Crude rebounds ahead of OPEC talks aimed at limiting output Asian stocks dropped by the most in two weeks and futures foreshadowed losses in European and U.S. equities as ...
CFTC Orders United Kingdom-Based Barclays Bank PLC to Pay $500,000
September 23rd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to create, maintain, and promptly produce required confirmations for a significant number of Exchange for Related Position (EFRP) trades in ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
Japan Stocks Surge as BOJ Stimulus Tweaks Weaken Yen; Oil Jumps
September 21st, 2016
Dollar gains versus most peers ahead of Fed policy decision European, U.S. equity index futures advance; nickel falls Japanese stocks rallied, leading gains in Asia, as tweaks to the Bank of Japan’s monetary policy weakened the yen and lifted ...
Oil-price gains wiped out as traders look to central banks
September 20th, 2016
Oil futures eased in early Asia trade Tuesday, wiping out overnight gains during the New York trading session, as traders await the outcome of the U.S. and Japan central banks policy meetings. On the New York Mercantile Exchange, light, ...
Asian Stocks Near One-Week High Before BOJ, Fed as Kiwi Climbs
September 20th, 2016
New Zealand dollar gains with milk prices; Taiwan dollar rises European equity futures fall as oil hovers near $43 a barrel Asian stocks held near a one-week high and European equity index futures declined ahead of Wednesday policy decisions ...
Oil prices rise on trouble at Libya’s oil ports
September 19th, 2016
Crude-oil prices recovered losses in early Asian trade on news that military conflicts in Libya had affected its oil exports over the weekend. The Petroleum Facilities Guards, a militia that until this month had controlled Libya’s oil ports for ...
Bank of England holds Bank Rate at 0.25%
September 15th, 2016
Bank of England has issued a press release to inform that the Monetary Policy Committee holds Bank Rate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at up to £10bn. The Bank of England’s Monetary ...
Dubai and Abu Dhabi named Middle East’s most sustainable cities
September 15th, 2016
Dubai has been named as the region’s most sustainable city, but it still falls in the bottom half of a new global ranking of 100 major cities. Construction consultancy Arcadis has placed Dubai 52nd in its 2016 Sustainable Cities ...
