Search Results for: Global Markets
Asian Shares Mixed as Oil Prices Fall and Dollar Drops
August 23rd, 2016
Markets await policy details from the U.S. Federal Reserve’s annual meeting at Jackson Hole Shares in Asia were mixed Tuesday, as oil prices fell and the U.S. dollar weakened ahead of a key meeting of Federal Reserve officials and ...
Samsung is planning to re-sell refurbished phones at a lower price
August 22nd, 2016
Samsung plans to launch a programme to sell refurbished used versions of its premium smartphones as early as next year, a person with direct knowledge of the matter told Reuters. The South Korean technology firm is looking for ways ...
Dollar edges up, but on track for weekly loss
August 19th, 2016
The dollar wallowed close to eight-week lows against the euro on Friday, and was poised for weekly losses against its major counterparts, after minutes of the U.S. Federal Reserve’s July meeting revealed central bank policymakers were in no hurry ...
Brent crude oil prices dip on prospect of record Saudi output
August 18th, 2016
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted price rally this month of nearly 20 percent. International Brent ...
Dollar Weakens on Fed Outlook as Emerging-Market Shares Advance
August 18th, 2016
Yen breaks 100 after Fed minutes as jobs data boosts Aussie Mongolia’s tugrik stabilizes after interest rate hiked to 15% Emerging-market shares rallied with European stock index futures and the dollar fell versus all of its major peers after minutes ...
Emerging Stocks Slip With Oil as Dollar Rises Before Fed Minutes
August 17th, 2016
Japanese shares advance as yen pulls back from 100 level New York Fed chief says interest-rate rise is drawing closer Emerging-market stocks retreated from near a one-year high and oil fell for the first time in a week after hawkish ...
Investors worldwide have poured a record amount into bond funds this year
August 16th, 2016
Investors worldwide have poured $202 billion into bond funds this year, according to J.P. Morgan Chase — a record amount compared to equity funds. How’s that working out? At least so far this year, pretty well. In the longer ...
Former Deloitte boss launch CogitalGroup; Can be a Big Four challenger?
August 16th, 2016
After weeks of speculation, the new venture by former Deloitte global chairman John Connolly and private equity house HgCapital was officially announced on Friday, though somewhat under whelmingly given the fanfare one may expect from the birth of a ...
The US dollar could stay stuck in a rut until after November
August 16th, 2016
The U.S. dollar is stuck in a rut, and it could stay there for a while. Dollar bulls have been falling by the wayside this summer, as the U.S.Federal Reserve looks further away from tightening its monetary policy. The currency also runs ...
Paysafe published Unaudited Interim Results for the 6 months ended 30 June 2016
August 12th, 2016
Paysafe Group plc, global provider of payment solutions, reports strong growth in the six months ended 30 June 2016. Reported H1 2016 revenue increased 118% to $487m (H1 2015: $223m); pro-forma constant currency revenue growth was 20%, up from ...
