Search Results for: Hang Seng
Legal Fight Pits Sellers of Energy Against Buyers
November 27th, 2014
Over the past few years, the federal government has nurtured the growth of an odd kind of player in the energy markets: companies that recruit consumers to unplug themselves when electricity use is high, in exchange for a price ...
VW Drives for Gains in Southern China
November 26th, 2014
Volkswagen AG is taking market share from other foreign auto makers in relatively wealthy southern China, as a slowdown in the world’s No. 1 car market intensifies competition. Southern China—the first part of the country to get rich after Beijing ...
SGX sets up board of inquiry to probe power outage
November 10th, 2014
A board of inquiry has been set up by the Singapore Exchange (SGX) to investigate the power outage which caused a halt in the trading of securities and derivatives for more than three hours on Wednesday afternoon (Nov 5). Deputy ...
Gold Showing Little Movement After Mixed US Data
August 27th, 2014
Gold is stable on Wednesday, as the pair trades at $1284.27 per ounce in the European session. It’s a quiet day on the release front, with no major releases out of the US. On Tuesday, the Russian and Ukrainian ...
Singapore Dollar’s Losses to Ringgit Seen Widening: Asean Credit
August 19th, 2014
The diverging economic fortunes of two Southeast Asian neighbors are prompting PineBridge Investments to favor Malaysia’s ringgit over Singapore’s dollar. The ringgit has gained 4% to 2.53 per Singapore dollar since reaching a 16-year low of 2.63 in February, ...
Economic sanctions on Russia from EU and U.S.
July 30th, 2014
EU governments have agreed to impose sweeping sanctions on Russia, targeting state-owned banks, imposing an arms embargo and restricting sales of sensitive technology and the export of equipment for the country’s oil industry, in response to Moscow’s continued backing ...
European Stocks Decline as Investors Weigh Earnings
July 21st, 2014
European stocks declined as investors weighed earnings reports and international tensions after the downing of a passenger jet in Ukraine and Israel’s offensive in Gaza. U.S. index futures were little changed, while Asian shares climbed. Aveva Group Plc and ...
Oil jumps to nearly $104 as Ukraine crisis spirals
July 18th, 2014
The price of oil continued to climb on Friday, reaching nearly $104 a barrel on concerns that the tensions over Ukraine and new sanctions against Russia could disrupt global supplies. Benchmark U.S. crude for August delivery was up 51 ...
5 Russian stocks you should be watching
July 18th, 2014
Investors remain largely in the dark about what happened with the fallen Malaysia Airlines flight and the affect of recently announced U.S. sanctions against Russia. But three Russian stocks are suffering mightily over what the fallout for Russia could ...
Fed Prepares to Keep Super-Sized Balance Sheet for Years to Come
June 11th, 2014
Federal Reserve officials, concerned that selling bonds from their $4.3 trillion portfolio could crush the U.S. recovery, are preparing to keep their balance sheet close to record levels for years. Central bankers are stepping back from a three-year-old strategy ...