Search Results for: RBC
Who Are the Winners of Russia’s Ruble Meltdown?
December 18th, 2014
The Russian ruble‘s spectacular falls this year have been relentlessly portrayed as bad news. But with the ruble now down some 45 percent against the U.S. dollar since January, are there no winners? Companies that produce in Russia but sell abroad are bound ...
Crashing crude may blow a $1.6 trillion hole in the global oil sector, annually
December 15th, 2014
Talk about an oil spill. The spectacular unhinging of crude oil prices over the past six months is weighing mightily on the U.S. stock market. And while it may be too early to abandon all hope that the market ...
OPEC inaction halts Europe rally; dollar firms
November 28th, 2014
Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude LCOc1 touched a low of $71.12 a barrel after settling at ...
Yuan Bears Say Record Dollar Debt to Fuel Decline: China Credit
November 7th, 2014
Yuan bears have added Chinese companies’ record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this year, 11 times more than the $17.7 billion of 2008, ...
Apple Issues Bonds in Euros for First Time
November 5th, 2014
When you are as rich as Apple and you want to make investors happy, you issue debt. That is what the company has done for investors over the last year and a half. On Tuesday, Apple issued debt for the first time ...
Australia’s central bank keeps rates low, consumers encouraged
November 4th, 2014
Australia’s central bank kept interest rates at record lows for a 14th straight policy meeting on Tuesday, saying the stimulus was justified given the outlook for sub par growth even as consumers showed signs of opening their wallets. The ...
Exante features in RBK
October 20th, 2014
Anatoliy Knyazev, Exante’s CEO and co-founder, discussed the first Bitcoin Fund with RBK – Russian leading news media. Anatoliy was quoted on the journey of the fund as well as speaking about the benefits it brought to its investors. ...
U.S. Stock Futures Are Little Changed Before Output Data
September 2nd, 2014
U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index recorded its biggest monthly gain since February, before data that may show manufacturing in the world’s biggest economy continued to expand in August. Apple Inc. and ...
Canada seeks to become Renminbi (RMB) trading centre for the Americas
September 2nd, 2014
The Toronto Financial Services Alliance (TFSA) and AdvantageBC has announced they would work together, with officials from the federal, Ontario and BC governments, and the financial industry, to promote Canada as a trading hub for the Chinese currency, the ...
Dollar Gains to Almost 9-Month High Versus Euro on Policy
August 8th, 2014
The dollar strengthened to an almost nine-month high against the Euro after European Central Bank President Mario Draghi signalled monetary policy will diverge from the U.S. for an extended period of time. The greenback rose against all but one ...
