Search Results for: Oil price
Pimco’s $12 Billion Standoff Over Austria Bad Bank
February 17th, 2016
Filings show bond funds bought distressed debt in 2014 German banks have biggest incentive to take Hypo Alpe offer As the health of banks roils markets anew, the last financial crisis is still playing out in Austria, with Pacific Investment Management ...
KPMG forecasts more pain for Dubai housing
February 15th, 2016
House prices in Dubai will continue to suffer this year as cheap oil and the strong US dollar push properties beyond the means of many overseas investors, according to the latest report from consultants KPMG. The low global price ...
Here’s what the future of bitcoin looks like — and it’s bright
February 15th, 2016
Bitcoin has been proclaimed dead 89 times. It has been labeled a Ponzi scheme and a failed experiment. Writers have argued for it to be forgotten and for developers to move on to greener pastures. But moving beyond this ...
Reversal Of Fortunes: Capital Pours Out Of Banks And Into Gold
February 12th, 2016
For banks, the recent news is pretty grim. But it’s about to get much worse, based on the following: Yield Curve Flattens: Now 10-Year Yields Just 1% More than 2-Year (Barrons) – Ye olde yield ...
Asian markets: Japan’s Nikkei slides further amid concerns over European banking sector
February 12th, 2016
While China’s Shanghai Composite remained closed for the Lunar New Year holiday, the majority of stock indices across Asia including Japan’s Nikkei 225 were trading lower on 12 February. This followed a negative Wall Street and FTSE close overnight, ...
India eyes investments from Abu Dhabi
February 11th, 2016
The crown prince and PM Modi will have a private meeting on Thursday before bilateral delegation-level talks that are likely to see inking of several agreements Abu Dhabi’s Crown Prince Sheikh Mohamed bin Zayed Al Nahyan landed in New ...
Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here
February 11th, 2016
There is so much chaos going on that I don’t even know where to start. For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is ...
Deutsche Bank shares soar 11% on bond buyback speculation
February 10th, 2016
Deutsche Bank shares have bounced back, after hitting a 30-year low on Tuesday, on reports that it will instigate an emergency bond buyback plan. Shares in the bank soared more than 11% to €14.72 (£11.43) in Frankfurt on the ...
Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015
February 8th, 2016
Do you remember how much stocks went down when the first dot-com bubble burst? Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015. On Friday, the ...
Asia markets retrace losses; banks remain under pressure
February 8th, 2016
Markets in Australia and Japan rang in the year of the monkey on a slightly higher note, erasing early losses Monday. Most major Asian markets remained closed for the Lunar New Year holidays. Down Under, the ASX 200 erased losses of ...
