Search Results for: Iran
Asia shares swing higher as China nears seven year high
March 30th, 2015
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. Activity was guarded most elsewhere in a week book-ended with holidays ...
PayPal pays $7.7m in US sanctions case
March 27th, 2015
PayPal has agreed to pay $7.7 million to settle charges from the US Treasury that lax screening technology saw the firm violate multiple sanctions programmes. According to a Treasury statement, over several years up until 2013, PayPal processed 486 ...
Asian stocks mixed as Mideast worries linger, oil eases
March 27th, 2015
Asian stocks were mixed on Friday and the dollar rebounded as rising tensions in the Middle East clouded the investment outlook. Spreadbetters expected Britain’s FTSE .FTSE, Germany’s DAX .GDAXI and France’s CAC.FCHI to tip toe higher while the markets awaited fresh cues from ...
Oil prices surge after Saudi air strikes in Yemen
March 26th, 2015
Brent crude oil shot up nearly 6 percent on Thursday after Saudi Arabia and its Gulf Arab allies began a military operation in Yemen, but the benchmark later came off its high near $60 as importers saw no immediate threat to supplies. The strike against ...
Oil Slump Extends to a Fifth Week as Global Glut Seen Expanding
March 20th, 2015
Oil trading near the lowest price in six years is headed for a fifth weekly drop amid signs the global supply glut is worsening. Futures were little changed in New York after falling for the seventh time in eight ...
Predicting the Future With Russia’s Economic Nostradamus, Mikhail Dmitriyev
March 19th, 2015
Mikhail Dmitriyev, president of the New Economic Growth consultancy, is often described as “Russia’s top brain.” He studied in Leningrad in the ’80s and took part in economics discussion clubs with the people who transformed Russia into a market economy, including Anatoly Chubais, the architect of Russia’s privatization ...
Standard Chartered Shares Jump as New CEO Winters Draws Upgrades
March 18th, 2015
Standard Chartered Plc rose the most in two weeks as analysts at Barclays Plc and Sanford C. Bernstein Ltd. upgraded the bank, citing Bill Winters’s hiring as chief executive officer and a diminishing need to raise capital. “We expect ...
U.S. Oil Prices Fall to Fresh Six-Year Lows
March 18th, 2015
Oil prices fell further in Asian trade Wednesday with U.S. crude posting fresh six-year lows on mounting worries over rising supplies. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $42.62 a ...
Asia stocks advance before Fed, dollar treads water
March 18th, 2015
Asian stocks shook off a slow start and rose on Wednesday, led by China shares, while the dollar marked time as markets waited for the Federal Reserve‘s policy statement for clues to when U.S. interest rates will rise. Following Asia’s lead, ...
‘King Bibi’s’ reign challenged in Israeli election
March 17th, 2015
Prime Minister Benjamin Netanyahu’s march towards becoming the longest-serving leader of Israel could be halted on Tuesday in an election that has exposed public fatigue with his stress on national security rather than socio-economic problems. Surging rhetoric against Iran and the Palestinians has ...
