Search Results for: OSC
Russia And Turkey: Teetering On The Brink
December 7th, 2015
The Russian state-run propaganda machine is currently fanning anti-Turkish vitriol full-time. Economic ties between Russia and Turkey are being effectively severed, while military forces have been put on high alert. Is this escalation a mere PR exercise to mobilize ...
Russia seeks to boost trade with UAE and strengthen Iran industrial links
December 7th, 2015
Russia wants to boost trade ties with the UAE at the same time as it pursues closer links with Iran. The Russian trade minister Denis Manturov told The National that he wanted to grow the US$2 billion in trade ...
Asian markets close near flat, economic data eyed
December 7th, 2015
Asian stocks lost much of their gains from the morning session to close near flat on Monday, as investors eye a host of economic data due this week. Last week, nonfarm payrolls data showed the U.S. economy created 211,000 ...
Asian markets close on three-week lows, weighed by ECB, Fed
December 4th, 2015
Asian equities slumped to three-week lows Friday, following a global sell-off overnight as investors digested comments from the Fed and the European Central Bank (ECB). Overnight, Fed chair Janet Yellen said in a testimony before Congress that recent economic ...
Asian stock markets trade mixed; commodities weigh
December 3rd, 2015
Asian stocks trimmed losses Thursday as oil prices edged up from an over three month low, although the mood remained cautious ahead of key economic events overseas. U.S. crude prices clawed back gains and was up 43 cents or 1.08 ...
Russia’s Central Bank adds yuan to reserve currency basket
December 1st, 2015
According to the sources, the share of Russian reserves in yuan in the near future will remain small and symbolic Russia’s Central Bank has added the Chinese yuan to the foreign exchange reserve basket, two sources close to the ...
Russia and Saudi Arabia Battle for Control of European Oil Market
December 1st, 2015
Both Russian and Saudi companies have aggressively discounted their crude exports to Europe, dimming hopes of production cuts A contest for dominance in Europe’s oil market is heating up between the world’s two biggest oil exporters—Saudi Arabia and Russia—as ...
Russia Takes Aim at Turkish Economy Amid Fighter-Jet Spat
November 27th, 2015
Turkish officials reject Vladimir Putin’s call for an apology Russia announced plans to impose sanctions on an array of Turkish economic interests in response to Turkey’s shootdown of a Russian warplane, as Ankara called for calm. Russian Prime Minister Dmitri ...
Stocks Fall on China Selloff as Yuan Weakens; Commodities Slump
November 27th, 2015
Brokerages lead losses in Chinese shares on government probes Traders holding on to December Fed bets while ECB seen easing A selloff in Chinese stocks spread across Asia as falling industrial profits and a deepening probe of the financial ...
BBVA enters Britain with £45m Atom deal
November 24th, 2015
BBVA has become the most recent Spanish bank to make an entry into the British market, following in the footsteps of Sabadell and Santander. It bought a 29.5% stake in Atom to become the single-largest shareholder in UK’s first ...
