Search Results for: World Bank
Oil prices rises on tighter U.S. market, strong China imports
October 13th, 2017
Oil prices rose on Friday as both U.S. crude production and inventories declined, pointing towards a tightening market. Strong Chinese oil import data also supported crude prices, traders said. With the Organization of the Petroleum Exporting Countries (OPEC) leading ...
ISXPay: Further Australian card acquiring/processing contracts executed
October 11th, 2017
Highlights ISXPay gains further traction in Australia with customer addition Card Transactions in excess of $52m per annum to be processed, cleared and settled to Merchants bank accounts by ISXPay Average Net Margin in excess of 77 basis points ...
Business investment rate up to 23.2% in the euro area
October 6th, 2017
In the second quarter of 2017, the business investment rate was 23.2% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.8% in the second quarter of 2017, ...
Early market review: Stocks in Japan and Australia climbed
October 6th, 2017
Equities in Asia followed their U.S. counterparts higher and the dollar retained gains after a slew of data and comments from Federal Reserve officials helped ratchet up bets that the U.S. economy is strong enough to withstand higher interest ...
The euro, yen and pound advanced; dollar slips
October 4th, 2017
The rally in the dollar petered out as investors awaited President Donald Trump’s decision on the leadership of the Federal Reserve and gauged prospects for U.S. tax cuts. Bonds edged higher and Asian stocks were mixed after American indexes ...
IMF Head: Cryptocurrency Could Be the Future
October 3rd, 2017
Christine Lagarde sees a path ahead for cryptocurrency. The managing director of the International Monetary Fund, or IMF, talked up the potential of virtual currencies to supplant traditional monies in coming decades on Friday. Cryptocurrencies, or virtual currencies, are ...
Dollar gains, euro dipped, yen fell; What to watch this week
October 2nd, 2017
Treasury yields rose with the dollar as investors contemplate prospects for U.S. tax cuts and the potential of a less dovish Federal Reserve chief. Stocks were mixed in an Asia-Pacific region affected by holidays, after China unveiled a targeted ...
Multinational law firm explores opportunities in Uganda
September 28th, 2017
A multinational law firm has issued a press release to inform that it will form a combination with an elite international law firm in Uganda that is expected to be launched in February 2018. According the announcement, Dentons, the ...
The dollar’s strength pressured many emerging market currencies
September 28th, 2017
The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. economic data added to the case for a rate hike by the Federal ...
Euro falls to one-month low as political worries heighten
September 27th, 2017
The euro fell to its lowest level in a month on Tuesday as worry about political fallout in Germany and other euro zone countries grew. A speech by French President Emmanuel Macron, who has called for a fundamental overhaul ...
