Search Results for: World Bank
Asian Stocks Advance as Oil Holds Near $40; Aussie, Kiwi Climb
April 19th, 2016
Korean won climbs to five-month high as gold declines Japan’s Topix jumps by most in a month as yen weakens Asian equities jumped by the most in a month as crude oil stayed within sight of $40 a barrel, ...
European Parliament to host blockchain conference
April 18th, 2016
The European Parliament is set to host a four day conference on virtual currencies and blockchains as it seeks to educate MEPs about the fast-growing world of distributed ledgers. Taking part next week, the non-commercial exhibition will bring together ...
Oil crisis? Here is how Saudi Arabia plans to shake up its economy
April 14th, 2016
In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia’s economy could survive an era of cheap oil. In late February, several hundred Saudi officials, company ...
Goldman Sachs agreed to pay a $5 billion settlement for its role in 2008 financial crisis
April 14th, 2016
Goldman Sachs agreed to a $5 billion settlement payment Monday, marking yet another Wall Street giant that’s making up for its financial breaches through money — but whose executives have yet to face criminal charges for helping send the ...
Markit adds Moscow Exchange to FX trading connectivity network
April 14th, 2016
Markit, a leading global provider of financial information services and the Moscow Exchange (MOEX), Russia”s multifunctional exchange platform, today announced that Markit”s FX pricing distribution hub service added MOEX to its network of trading venues, providing FX market participants ...
US oil slips 0.97 pct after hitting 2016 highs
April 14th, 2016
Oil gave up short-lived gains following mixed U.S. government data that showed a bigger-than-expected build in crude stockpiles, rising gasoline demand, and falling oil production. Brent crude was down 61 cents at $44.08 a barrel , having briefly risen to ...
Emerging Currencies Halt Rally as Singapore Flags Growth Risks
April 14th, 2016
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...
Asian shares at four-month highs
April 14th, 2016
Asian stocks rose to their highest levels in more than four months on Thursday and regional currencies weakened led by the Singapore dollar as hopes grew that more central banks will join the city state in easing monetary policy ...
Global Capital Flows: Why No Crisis (So Far) This Time?
April 12th, 2016
Here’s the puzzle. Outflows of international capital from emerging markets around the world played a key role in causing financial shocks and steep recessions all over the globe in the late 1990s, including the east Asian financial crisis affecting ...
Mysterious billionaire inventor of Bitcoin expected to reveal his true identity
April 12th, 2016
Tech world braces for big news as rumours about the identity of digital currency’s shadowy creator reach fever pitch The secretive billionaire inventor of Bitcoin is preparing to finally reveal his identity, tech industry sources have claimed. A mysterious ...
