Search Results for: US economy
Asian stocks bruised by tumbling oil, Fed hike jitters
November 13th, 2015
Asian stocks were battered on Friday, with risk-off sentiment in full swing amid sharp falls in the price of commodities and growing expectations that the Federal Reserve is on track for a rate hike in December for the first ...
4 Harbingers Of Stock Market Doom That Foreshadowed The 2008 Crash Are Flashing Red Again
November 12th, 2015
So many of the exact same patterns that we witnessed just before the stock market crash of 2008 are playing out once again right before our eyes. Most of the time, a stock market crash doesn’t just come out ...
Global Law Firm Eyes Africa As Next Great Expansion Opportunity
November 12th, 2015
Baker & McKenzie sees Africa as key to future growth Later this month, Baker & McKenzie’s Gary Senior will travel to Johannesburg, South Africa to celebrate the third anniversary of his firm’s office there, and its presence on a ...
Greece: Now the crisis threatens to erupt again – Creditors withhold some €12 billion in funds promised
November 12th, 2015
Greece’s Quiet Crisis Support for supply-side reforms remains as elusive as ever Maybe Athens can’t help itself. No sooner had Alexis Tsipras’s government agreed to a last-minute deal to save the Greek economy from collapse than it began backsliding ...
Asian shares rangebound amid gloomy oil outlook
November 12th, 2015
Pedestrians walk past a share prices board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo, Japan. Asian equities were lackluster on Thursday, with weakening commodity prices, concerns over a slower-growing China and a ...
Portugal Is Potentially A Very Big Deal
November 11th, 2015
Portugal has entered a phase change, with potentially huge ramifications. After handing a parliamentary majority to a coalition of leftist (i.e., anti-austerity, anti-euro, anti-NATO) parties, and then trying to prevent them forming a government, the country now looks likely ...
‘Brexit’ Wouldn’t Be Disaster for U.K., Says UBS Chairman
November 11th, 2015
Axel Weber said Britain would probably get a good deal if it voted to leave The chairman of one of Europe’s biggest banks said Tuesday that if the U.K. decided to leave the European Union it probably wouldn’t deal ...
Oil prices drop on rising stockpiles, Japan recession fears
November 11th, 2015
Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, while fears that Japan’s economy may have fallen into recession added to demand woes. Benchmark U.S. crude futures slipped to a two-week low at ...
Asian stocks mixed after China data deluge
November 11th, 2015
Asian stocks turned mixed on Wednesday following fresh economic data from China that largely met expectations. China’s fixed-asset investment (FAI) increased 10.2 percent in the January-October period compared with the year-earlier period, in line with expectations, slightly coming down from the ...
China allows direct trade of yuan with Swiss franc
November 10th, 2015
Move part of Beijing’s strategy to promote RMB as a global reserve currency alongside the dollar China‘s national foreign exchange market will introduce direct trading of the Swiss franc, the operator said on Monday, as the country pushes greater ...
