Search Results for: Oil price
Asian Equities Lower on Growth Woes
October 23rd, 2014
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...
Russia Rating Cut by Moody’s on Sluggish Economic Growth
October 20th, 2014
Russia’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service, which cited sluggish growth prospects and an erosion of the country’s reserves amid sanctions over Ukraine. Moody’s downgraded the sovereign one level to Baa2 from ...
U.S. stocks slide allows short sellers to smile again
October 15th, 2014
The stock market’s long-suffering short sellers finally have something to smile about. Investors who make a living betting that stock prices will fall are in a position to profit handsomely as the U.S. equity market sinks, with its biggest ...
Wall St. drops in late selloff
October 14th, 2014
The S&P 500 dropped more than 1 percent and posted its worst three-day slide since November 2011 on Monday following worries that global economic weakness will dampen U.S. earnings, along with concern about the spread of Ebola. After trading ...
Ruble Risks Betrayal at Home in Nation’s Rush for Dollars
October 13th, 2014
More Russians are beginning to keep their cash in dollars and euros as the ruble tumbles to records amid central bank efforts to maintain control over the pace of the decline. The number of people with foreign-currency holdings rose ...
Emerging markets enter slow growth era
October 13th, 2014
Growth in emerging markets is slowing to its lowest ebb since the aftermath of the financial crisis due to a combination of China’s fading dynamism, a sputtering performance in eastern Europe and Latin America’s slowdown. Evidence that emerging economies ...
Dow plunges nearly 300 points on host of fears
October 10th, 2014
The Dow, S&P 500 and the Nasdaq are all tanking big-time. Renewed worries about global economic growth, corporate earnings and market valuations propelled U.S. stocks to huge losses Thursday. The Dow Jones industrial average sank 335 points (2%) to ...
Rouble falls to a new low
October 9th, 2014
The rouble has fallen to a new low against both the dollar and the pound today, as sanctions and falling oil prices continued to hit prospects for Russia’s economy. At pixel time one rouble would have bought you just ...
Brent falls below $92 on strong dollar, surplus supply
October 6th, 2014
Brent crude futures fell but held above $92 a barrel on Monday, extending this year’s rout that saw the international benchmark hit a 27-month low in the previous session due to a strong US dollar and ample oil supply. ...
Japanese stocks, dollar shine on upbeat U.S. jobs
October 6th, 2014
The U.S. dollar held near four-year highs against a basket of currencies and Asian shares advanced on Monday, after upbeat U.S. jobs data eased concerns over slower global growth. Tokyo’s Nikkei .N225 jumped 1.3 percent, while Hong Kong shares ...
