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Bank of Cyprus: Group Financial Results for the six months ended 30 June 2015

August 27th, 2015 (0)
Key Highlights • Improving funding structure; loans to deposits ratio (L/D) declined to 136% (138% at 31 March 2015) and customer deposits accounting for 54% of total assets (51% at 31 March 2015) • ELA reduced by €1 bn ...

U.S. Stocks Come Charging Back

August 27th, 2015 (0)
Six-day losing streak ends as Fed official calls case for September rate increase ‘less compelling’ Stocks snapped a six-day losing streak Wednesday, soaring by the highest percentage in nearly four years amid signs of strength in the U.S. economy ...

China stocks slip as rate cut fails to convince investors

August 26th, 2015 (0)
China‘s turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of central bank stimulus failed to convince investors of Beijing’s ability to jolt the world’s second biggest economy out of its slowdown. After watching share prices tumble ...

Mideast Stocks Fall as Saudi Arabia Mulls Budget Cut on Oil Drop

August 26th, 2015 (0)
Dubai’s benchmark gauge is biggest decliner in region Brent crude has dropped almost 60 percent in 12 months Most Middle Eastern stock markets declined amid mounting concern the region’s largest economy will cut spending after oil prices slumped to the ...

Swiss issuers to weather forex storm

August 26th, 2015 (0)
The ‘Swiss Credit Handbook 2015’ published today by Credit Suisse contains the credit profiles of the most important Swiss issuers and participants in the Swiss franc capital market. Assessments of the creditworthiness of the different entities covered by Credit Suisse credit ...

Oil recovers but still ends near 6-1/2-year lows

August 26th, 2015 (0)
 U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. crude last week Coming Up: EIA inventory data on Wednesday ...

Global Markets to Fed: No Rate Hike, the Strong Dollar Is Killing Us

August 25th, 2015 (0)
Global markets are puking at the prospect of higher yields in the U.S. There are many reasons for global markets to melt down, but one that doesn’t get enough attention is the strong dollar. In effect, global markets are ...

China’s Stocks Sink Most Since 2007 as State Intervention Fails

August 24th, 2015 (0)
China’s stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world’s second-largest economy is deepening. The Shanghai Composite Index tumbled 8.5 percent to 3,209.91 at the close to ...

Deutsche Bank Said to Probe Senior Russia Employee Over Bribes

August 24th, 2015 (0)
Deutsche Bank AG’s internal probe into possible money laundering at its Russian unit has sparked an investigation into whether a senior employee took bribes, people with knowledge of the situation said. The bribery investigation is in its early stages, ...

Global Selloff Deepens as Stocks Sink With Oil

August 24th, 2015 (0)
Equity investors took flight across Asia, sending the region’s benchmark stock gauge toward a bear market and Chinese stocks plunging by the most since 2007 as U.S. futures tumbled. Ten-year Treasury yields dropped below 2 percent. China’s Shanghai Composite ...
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