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China Halts Stock Trading After 7% Rout Triggers Circuit Breaker

January 4th, 2016 (0)
Weak manufacturing data, end to share-sale ban sparked rout Stocks in Hong Kong extend retreat after mainland halt The worst-ever start to a year for Chinese shares triggered a trading halt in more than $7 trillion of equities, futures ...

The ‘Bitcoin Island’accept the digital currency for everyday transactions

January 4th, 2016 (0)
Bitcoin: How the Isle of Man is leading a cryptocurrency revolution   A scattering of businesses on ‘Bitcoin Island’ accept the digital currency for everyday transactions alongside sterling Like most coffee shops, Java Express in Douglas offers its clientele ...

Global growth will be disappointing in 2016: IMF’s Lagarde

December 30th, 2015 (0)
Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director ...

The 25 financial events that shaped the year 2015

December 30th, 2015 (0)
As we are close to move from year 2015 to year 2016, OneStopBrokers has collected and presents the major Financial events happened in 2015. 2015 was a year that the Eurozone was almost collapsed. We all witnessed a possible ...

EY’s Japanese arm fined £11.6m by regulator over Toshiba failings

December 23rd, 2015 (0)
Japan’s financial regulator has fined EY’s Japanese affiliate ¥2.1bn (£11.6m) over the firm’s failure to identify accounting irregularities at Toshiba which meant the electronics giant overstated profits by some £780m over at least six years – The fine is ...

The Recession And Bear Market Of 2016, In Two Charts

December 23rd, 2015 (0)
Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens when business sales (the green line) turn negative. In the previous two boom/bust cycles, ...

Asia equities gain; New Zealand hits record high

December 23rd, 2015 (0)
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan were shut for the Emperor’s Birthday. The region is expected ...

China Unveils Economic Blueprint for 2016

December 22nd, 2015 (0)
Chinese leaders approved an economic blueprint for next year that emphasizes tackling long-term problems and reflects a realization that debt and investment can no longer power the world’s second-largest economy. The plan, laid out at a closed-door conclave of ...

Saudi Arabia’s government is looking at smart, alternate revenue sources

December 21st, 2015 (1)
Saudi Arabia’s foreign reserves are a confidence booster but undoubtedly the government is looking at smart, alternate revenue sources that will not erode the country’s competitive advantage, say economists. Saudi Arabia has the financial depth to continue spending on ...

After jumping over one hurdle, Greece now faces the pension reform. Will 2016 bring new troubles?

December 21st, 2015 (0)
Don’t look now, but 2016 may bring a host of new troubles for Greece, which just last week barely overcame a dispute with its international creditors. Struggling to meet the demands of its bailout terms, the Hellenic Republic was ...
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