Search Results for: Rouble
Egypt expects $1.5 billion in aid by year-end; President in Greece for energy
December 8th, 2015
Egypt expects to receive $1.5 billion from the World Bank and African Development Bank by year-end to support the budget and could discuss potential IMF financing once parliament convenes, International Cooperation Minister Sahar Nasr said. Egypt is implementing a ...
Money Is Becoming Unmanageable: Hedge Funds Post Losses, Face Outflows
December 3rd, 2015
Some of the money managers who made names (and billions of dollars) for themselves in the past decade are suddenly failing: ” Hedge Funds Brace for Redemptions (Bloomberg) – When BlueCrest Capital Management told investors Tuesday ...
Saudi Arabia, Allies Willing to Cut Oil Production If Others Follow
December 3rd, 2015
Divisions emerge ahead of a contentious OPEC meeting on Friday Saudi Arabia and its Persian Gulf allies are willing to pull back oil output as crude prices skidded further Wednesday but won’t cut unless other producers like Iran, Iraq ...
Chinese stocks rally on rumored mortgage tax break
December 2nd, 2015
Chinese markets rallied Wednesday afternoon on speculation of an upcoming incentive to be announced by Beijing to boost the country’s lagging property market. Elsewhere, other Asian equities ended lower on Wednesday as sentiment remained shaky in the region, with ...
Swiss GDP Unexpectedly Stagnates in Third Quarter
December 1st, 2015
Export growth driven solely by chemicals, pharmaceuticals SNB to hold rate decision on Dec. 10, may react to ECB easing Swiss economic growth unexpectedly stalled in the third quarter, with momentum held back by weak performance in the energy, ...
Balkan States Woo Chinese Investors
November 30th, 2015
At the ’16 + 1′ summit, which opened on Tuesday, China is deepening its interest in Southeastern Europe, investing in trade, finance, agriculture and infrastructure projects. The 4th annual Economic and Trade Forum between China and 16 countries of ...
The U.S. Dollar Has Already Caused A Global Recession And Now The Fed Is Going To Make It Worse
November 24th, 2015
The 7th largest economy on the entire planet, Brazil, has been gripped by a horrifying recession, as has much of the rest of South America. But it isn’t just South America that is experiencing a very serious economic downturn. ...
ECB Says Leverage Ratio Makes Banks More Stable
November 24th, 2015
Lenders have raised concerns new standard could prompt them to take more risk, offsetting benefits The European Central Bank said Monday that a leverage ratio requirement may tempt some banks to take more risk, but will still make them ...
Currency Spoofing Is Said to Be New York’s Latest Target
November 24th, 2015
Subpoenas sent to brokers including TFS-ICAP, Tullett Prebon Schneiderman probing FX options linked to emerging markets The New York attorney general is investigating possible manipulation in foreign-exchange trading, according to a person familiar with the matter, aiming more scrutiny ...
Piraeus Bank fails to get needed private funding
November 23rd, 2015
Greece’s second largest lender by assets Piraeus Bank SA announced on Saturday that it didn’t manage to raise all the funds needed from private investors, after capital shortfalls outlined by the European Central Bank in October. This means that ...
