Search Results for: US economy
Beijing unveils draft of foreign investment law
January 26th, 2015
China has begun public consultation on the law which will replace and update three existing laws which are seen as being out of date and also in conflict with other rules. China began a public consultation on the draft ...
ADIB eyes capital boost after 19.3% profit rise
January 26th, 2015
Abu Dhabi Islamic Bank said yesterday, it planned to boost its capital base to help support future growth, after setting aside less cash for bad loans helped it post a 19.3 percent rise in fourth-quarter net profit. Banks in ...
Euro Slips With U.S. Futures on Greece as Treasuries Gain
January 26th, 2015
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian stocks dropped with crude oil and industrial metals. The 19-nation ...
GFG Weekly Market Insight – 2015: U.S. Dollar Poised to Go Higher But Why? (week 19 Jan 2015)
January 23rd, 2015
We believe that the U.S. dollar index is poised to continue moving higher on the back of its 2014 rally. Our view is based on the bullish long-term chart technicals that are behind our target of 120 set back in ...
Global Accountancy Body welcomes ECB’s Bond – Buying initiative
January 23rd, 2015
ACCA welcomes the launch by the European Central Bank (ECB)‘s of an expanded asset purchase programme, entailing the existing purchase programmes for asset-backed securities and covered bonds. As from March 2015, the Eurosystem will start to purchase euro-denominated investment-grade ...
Revenge of Disaffected Europe Risks Crisis Sparked in Greece
January 22nd, 2015
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west ...
Bank of Canada lowers overnight rate target to 3/4 per cent
January 22nd, 2015
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is ...
Oil tycoon Harold Hamm sells company for $3 billion
January 22nd, 2015
Oil magnate Harold Hamm is selling one of his companies for $3 billion, but that kind of money still won’t make up for what he recently lost. Kinder Morgan (KMI) said Wednesday that it will buy Hamm’s company Hiland, which owns ...
Bonds, shares, gold supported ahead of expected ECB action
January 21st, 2015
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy. Expectations that the ECB ...
CFTC Issues Order of Registration for the Tokyo Commodity Exchange, Inc.
January 21st, 2015
The U.S. Commodity Futures Trading Commission (Commission) announced today that it has issued an Order of Registration to the Tokyo Commodity Exchange, Inc. (TOCOM), a Foreign Board of Trade located in Tokyo, Japan. Under the Order, TOCOM is permitted ...
