Search Results for: Russia
Oil prices dip as focus returns to global supply overhang
August 25th, 2016
Crude prices dipped on Thursday as brimming U.S. and Asian fuel inventories returned investor attention to a large global supply overhang, cutting short a price-rally and restricting Brent crude futures to below the $50 a barrel mark. International benchmark ...
Brent crude oil prices dip on prospect of record Saudi output
August 18th, 2016
Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted price rally this month of nearly 20 percent. International Brent ...
China’s Demand for Gold and its Implications for Fiat Currency
August 17th, 2016
While financial market turmoil has led a number of countries to stock up on gold, China stands out from the rest due to the sheer quantity of gold it has purchased over the last couple of years. In 2015 ...
Oil prices: OPEC may finally take action if crude’s slide continues
August 9th, 2016
Oil’s recent dip back into the $30s per barrel may be enough to get some OPEC members to curb their bickering and consider joint action — especially if oil plummets again. Considering a deal and agreeing to one are ...
Moscow Exchange Announces 2Q 2016 Results
August 9th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange’s diversified ...
National Association of Forex Dealers accepts XTRADE
July 28th, 2016
The Board of Directors of the National Association of forex dealers (NAFD, the former name – CRFIN) in Russia has issued an announcement to inform that it decided to accept XTRADE Group operating under the brand XTRADE, in the ...
UHY: Major European economies levy among the highest property purchase taxes in the world
July 26th, 2016
European economies levy some of the highest property purchase taxes in the world on prime real estate, charging on average 4%, or USD 38,356, in tax on a property purchase of USD 1 million, reveals a new study by ...
UnionPay International accelerates the localization of its overseas business
July 21st, 2016
UnionPay International is accelerating the localization of its overseas business by enlarging card-issuing scale abroad, and by supporting overseas cardholders’ card-using in the local market, China as well as other countries and regions. Latest data show that, by the ...
Oil prices fall on oversupply concerns despite output cuts
July 19th, 2016
Oil prices eased on Tuesday as concerns over a crude and refined fuel glut outweighed an expected cut in U.S. shale production and a probable further draw in U.S. crude inventories. Crude prices fell more than 1 percent in ...
Aussie, Kiwi Sink on Rate-Cut Bets as Asia ex-Japan Stocks Fall
July 19th, 2016
S&P 500 futures slip as crude oil drops to about $45 a barrel Yen advances with U.S. Treasuries as ringgit weakens The Australian and New Zealand dollars dropped by the most this month as speculation mounted that their central ...