Search Results for: World Bank
Asian Stocks Extend Global Advance as Oil Slips; Ringgit Weakens
November 23rd, 2016
Fed fund futures show 100% chance of a rate hike next month Ringgit slumps before rate decision; Japanese markets shut Asian stocks rose amid optimism the global economy is strong enough to withstand higher U.S. interest rates. Oil slipped ...
Oil prices climb on expectation of OPEC-led output cut
November 21st, 2016
Oil prices rose by more than 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein in oversupply that has put pressure on prices for over two years. International Brent crude oil futures ...
Asian Energy Stocks Rally With Crude Oil as Dollar Holds Advance
November 21st, 2016
Japan’s Topix index caps longest rally since August 2015 Dollar index at January high as Trump spurs rate-hike bets Oil jumped on optimism OPEC will agree to a supply-cut deal, buoying Asian energy stocks. The dollar built on last ...
The serfs have rebelled – Europe next?
November 19th, 2016
Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. His warning is more associated with totalitarianism and dictatorships, than modern democracies, but the statist attitudes he ...
FC Barcelona Signs Up Rakuten in $235 Million Jersey Deal
November 17th, 2016
Four-year agreement with Japanese firm among sport’s biggest Internet company’s logo will replace Qatar Airways next season Japanese e-commerce giant Rakuten Inc. is paying 220 million euros ($235.4 million) to emblazon its logo on the FC Barcelona soccer team’s ...
Forex broker fined for more than $35 Million
November 17th, 2016
Federal Court Orders IB Capital FX, LLC, Michel Geurkink, and Emad Echadi to Pay More than $35 Million in Restitution and a Civil Penalty for Soliciting at Least $50 Million from Members of the Public to Trade Forex, without ...
The UK and China have reached a new fintech agreement
November 16th, 2016
In the latest example of cross-border cooperation between governments on fintech, the UK and China agreed to form a fintech bridge on Thursday, as part of a series of new measures to strengthen economic ties between the countries. The UK already has ...
Euro zone break-up fears back on the table with Italy expected to reject reforms
November 16th, 2016
The impact of a “no” vote in the upcoming Italian referendum could be far more serious for Europe than Italy, according to analysts, who believe it would form part of the same underlying force as Brexit and the U.S. election victory ...
Asian Stocks Rebound Amid Dollar Retreat as Trump Shock Fades
November 16th, 2016
Zinc retreats from six-year high as yuan extends slide Major crude producers are holding talks to agree output cuts Asian stocks rose for the first time in four days and the dollar weakened versus most peers as investors questioned ...
Coffee, corn tempt hedge funds to extend bullish ags spree
November 15th, 2016
Hedge funds lifted their bullish positioning in ags to the highest in four months, fuelled by a record-high net long in coffee, and a sharp cut in bearish bets on corn – which could create potential for fresh selling. ...
