Search Results for: Oil
Staff of a Forex trading firm continue to be held hostage in alleged extortion attempt
July 25th, 2017
USGFX: Australian currency trader staff in Shanghai held hostage in alleged extortion attempt Three Chinese and Taiwanese staff members from an Australian foreign exchange trading firm continue to be held against their will in a Shanghai office, in an ...
Yen advanced, Euro and Australian dollar rose
July 25th, 2017
Asian equities were mixed ahead of the U.S. Federal Reserve’s policy decision and as investors sifted through earnings from companies including Alphabet Inc. Oil rose while the dollar resumed declines. The MSCI Asia Pacific Index fluctuated near a 10-year ...
Notable moves in markets and some key events coming up this week
July 24th, 2017
Stocks Mixed Before Earnings, Fed; Yen Pares Gains Stocks in Asia were mixed at the start of a week packed with earnings results and a Federal Reserve interest-rate decision. Oil remained below $46 a barrel before an OPEC meeting, ...
Exxon sues U.S. over $2 million Russian sanctions fine
July 21st, 2017
The U.S. Treasury Department on Thursday imposed a $2 million fine on Exxon Mobil Corp. for what it called a “reckless disregard” of U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s chief executive, ...
Dollar extended losses; The euro jumped
July 18th, 2017
Asian shares, dollar slip as passage of U.S. healthcare bill doubtful Asian shares stepped back from more than two-year highs on Tuesday and the dollar extended losses as passage of a U.S. healthcare bill grew doubtful, and as investors ...
Asia shares rise; the Dow and S&P 500 hit record highs
July 17th, 2017
Asia shares rise on strong China GDP, accommodative Fed view Asian stocks set a fresh two-year high on Monday, boosted by stronger-than-expected economic growth in China and bets that lacklustre U.S. data will keep the Federal Reserve cautious about ...
Here is a list of world’s safest currencies
July 14th, 2017
When it comes to havens among currencies, the yen is the safest of them all, according to a correlation analysis by Goldman Sachs Group Inc. economists. Goldman Analysis Has Yen Topping Swiss Franc as Safest of Havens Japan’s currency ...
Global energy investment fell the second consecutive year
July 14th, 2017
Global energy investment fell for a second year in 2016 as oil and gas spending continues to drop Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and ...
Cold calling scams defrauded more than one hundred victims
July 13th, 2017
SEC Announces Charges in Massive Telemarketing Boiler Room Scheme Targeting Seniors The Securities and Exchange Commission today brought fraud charges against 13 individuals allegedly involved in two Long Island-based cold calling scams that bilked more than one hundred victims ...
The Pound to Euro Rate Could Now go Down to 1.10
July 13th, 2017
Pound Sterling was seen staging an impressive recovery against the Euro but what will it take to turn us bullish on the currency’s prospects? Over the course of the past 24 hours Pound Sterling has fallen through a significant ...
