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Hanjin takes legal steps to prevent ship seizures as more vessels blocked

September 5th, 2016 (0)
South Korea’s Hanjin Shipping plans to take legal action in jurisdictions worldwide to prevent its vessels being seized, as more of its ships were blocked from docking at ports in the wake of its collapse. As of Monday, 79 Hanjin ships ...

Moscow Exchange Trading Volumes in August increased by 14.3%

September 5th, 2016 (0)
Moscow Exchange (ticker: MOEX) announces trading volumes for August 2016. Total trading volumes increased by 14.3% YoY to RUB 72.0 trln. The Money Market and Bond Market posted the strongest growth, with volumes increasing 107.8% and 19.0% YoY, respectively. Equity ...

European Stock Futures Rise Amid Payrolls Countdown as Oil Gains

September 2nd, 2016 (0)
Asian stocks little changed, as are U.S. equity futures Crude set for worst week in eight months on glut concern European stock index futures advanced and commodities gained ahead of key American jobs data that’s seen shaping expectations for ...

Oil Prices Slide as Oversupply Comes Back Into Focus

September 2nd, 2016 (0)
Oil prices fell to a three-week low after a second day of steep losses from rising U.S. stockpiles. Crude is now on a four-session losing streak, its longest in a month and an abrupt setback just two weeks after ...

Romanian prosecutors hold two local brokers for capital market manipulation

September 1st, 2016 (0)
Romanian prosecutors held two brokers for committing several crimes, including capital market manipulation, according to a statement from the Directorate for Investigation of Organized Crime and Terrorism (DIICOT). Stefan Terziu and Andrei Terziu were charged with having created an ...

U.S. oil prices slide to near three-week low ahead of stockpile data

August 31st, 2016 (0)
U.S. oil prices slid to a near three-week low in early Asian trade Wednesday on expectations that U.S. crude stocks expanded last week, exacerbating the already oversupplied market. On the New York Mercantile Exchange, light, sweet crude futures for ...

Hanjin Shipping Trading Halted After Plunge to Six-Year Low

August 30th, 2016 (0)
Creditors decided not to provide fresh loans, Yonhap reports Shipping lines worldwide have posted losses amid slowing trade Hanjin Shipping Co. shares were suspended from trading after plunging to the lowest price since 2009 following a Yonhap News Agency ...

Asia markets mostly down; Nikkei sells off following disappointing inflation data

August 29th, 2016 (0)
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...

Most Asia stocks slide on Fed officials’ rate comments, dollar firms

August 29th, 2016 (0)
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...

Asian stocks drop as investors avoid risk before Yellen speech

August 26th, 2016 (0)
Asian stocks extended their weekly loss on Friday (Aug 26) ahead of a speech by Federal Reserve Chair Janet Yellen later in the day that may shed light on the US interest-rate outlook. The yen meandered after Japanese consumer ...
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