Search Results for: US economy
OPEC leader Saudi Arabia is having to borrow money
August 7th, 2015
Saudi Arabia is not as rich as you thought. The oil kingdom is facing a big hole in its budget, caused by the slump in oil prices and a sharp rise in military spending. That’s forcing the government to ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
August 6th, 2015
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy in order to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 5 August 2015, the MPC ...
Markets on alert for UK’s new Super Thursday of economic data
August 6th, 2015
Markets are on alert ahead of the UK’s new economic touchstone, a Super Thursday of economic data. From this Thursday, the monthly rate decision and the minutes of the Bank’s Monetary Policy Committee (MPC) meeting will be released together, ...
Asian Shares Gain After Rosy China Data
August 5th, 2015
IMF says China likely needs more market liberalization before labeling yuan a reserve currency Asian shares pared earlier losses to trade higher Wednesday after a gauge of China’s service sector reached an 11-month high, outweighing concerns that a rise ...
RBA: Monetary Policy Decision
August 4th, 2015
Reserve Bank of Australia (RBA) at its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
China stock exchanges step up crackdown on short-selling
August 4th, 2015
China stepped up its crackdown on short-selling of shares on Tuesday, unveiling rules that make it harder for speculators to profit from hourly price changes, as some of the nation’s major brokerages suspended their short-selling businesses. China’s stock exchanges ...
Can Turkey compete with France for Iranian market?
August 3rd, 2015
The anticipated removal of sanctions on Iran opens up wide political and economic opportunities for that country’s authorities. A number of European countries are already expressing great interest in Iran’s economy. One of them is France. The visit of ...
KPMG forms alliance with alternative finance provider
August 3rd, 2015
Professional services firm KPMG has formed an alliance with an alternative finance provider to help more small businesses access the finance and advice they need to accelerate their growth. The partnership between the Big Four firm and MarketInvoice will ...
Bailout Money Goes to Greece, Only to Flow Out Again
August 3rd, 2015
The Greek businessman was nervous as he carried a suitcase stuffed with cash through security at the Athens airport a few months ago. But the distracted and overworked officials waved him through. A few hours later the man touched ...
Securities watchdog probes automated trading
August 3rd, 2015
China‘s securities watchdog is investigating the impact of automated trading on share markets, as authorities step up a crackdown on what they regard as heavy speculative selling that could destabilize the world’s second-largest economy. China’s main share markets, both ...
