Search Results for: Oil
Asia markets erase early losses as traders digest ECB easing
March 11th, 2016
Asia markets reversed early losses to trade mostly higher on Friday, as traders digested fresh easing from the European Central Bank (ECB) overnight. The Japanese benchmark Nikkei 225 erased losses to close up 86.52 points, or 0.51 percent, at 16,938.87. The ...
Which city is the most expensive in the world?
March 10th, 2016
Singapore ‘still world’s most expensive city’ Singapore has again been judged as the world’s most expensive city but costs across the world have been highly volatile, according to researchers. The Economist Intelligence Unit (EIU) ranked Singapore as the ...
CFTC: Banc de Binary Ltd and ET Binary Options Ltd are among Binary Options Firms ordered to pay $9 Million penalty
March 10th, 2016
Federal Court Orders Banc de Binary Ltd., ET Binary Options Ltd., BO Systems Ltd., BDB Services Ltd., and Oren Shabat Laurent to Pay More than $9 Million in Restitution and a Civil Monetary Penalty for Violating the CFTC’s Ban ...
China And Fracking: The Pillars Of “The Recovery” Are Crumbling
March 10th, 2016
When historians sort out this era of once-a-decade financial bubbles, they’ll marvel at how dissimilar the drivers of each boom were. The junk bonds of the 1980s were essentially leveraged tools for extracting wealth from companies. The dot-coms of ...
Asia markets mixed as traders digest central bank decisions, China data
March 10th, 2016
Asian markets traded mixed as traders digested another round of Chinese economic data and interest rate decisions from central banks in New Zealand and South Korea. The Japanese Nikkei 225 was up 1.45 percent. South Korea’s Kospiadded 0.82 percent, while Down Under, ...
IMF urges action as risks to the world economy rise
March 9th, 2016
Collective action is needed to boost the global economy, with volatile financial markets and low commodity prices creating fresh concerns about its health, the first deputy managing director of the International Monetary Fund (IMF) said on Tuesday. In a ...
Asia trades lower, with Shanghai off 2.9%, Nikkei lower by 1.3%
March 9th, 2016
Most Asian markets stumbled Wednesday, with China shares dropping sharply, as analysts pointed to renewed concerns about the mainland’s economy following lower-than-expected trade data for February. The Shanghai composite dropped 2.9 percent, while the Shenzhen composite fell 2.22 percent. Elsewhere, the Japanese benchmark Nikkei ...
Saudi Arabia to hold out bond mandate prospect to banks
March 8th, 2016
Banks were briefed that the largest lenders on the loan, which may be as much as $10 billion, will also probably be appointed to arrange the bond Dubai: Saudi Arabia is holding out the prospect of a role in ...
The Collapse Of Italy’s Banks Threatens To Plunge The European Financial System Into Chaos
March 8th, 2016
The Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment. And as Italy’s banks begin to go down like dominoes, it is going to set off financial panic all over Europe unlike ...
Asia markets lower, ASX down 0.7%, Shanghai down 1.7%
March 8th, 2016
Markets in Asia lost ground Tuesday, stepping back from their recent rally as traders digested the weak China trade data. Angus Nicholson, a market analyst at IG, told CNBC a lot of the recent rally in stocks has been ...
