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Wall Street stock futures decline

July 17th, 2014 (0)
U.S. stock futures were seeing slight declines early Thursday. Dow futures were off 0.02%, S&P 500 futures fell 0.33% and Nasdaq futures dipped 0.26%. In Asia, Tokyo’s Nikkei 225 index fell 0.06% to 15, 370.26. Wall Street closed higher ...

G20 must shape a new world trade regime

July 17th, 2014 (0)
Over the past decade global trade and investment discussions have moved far away from the formal global trade regime. The multilateral system has been mired in the Doha Development Round — defined by a single undertaking and a fixed ...

Vietnam Says China Backing Down In Oil Rig Dispute

July 17th, 2014 (0)
A leading Vietnamese military officer said July 16 that China’s decision to remove a huge oil rig from waters claimed by both countries shows that it is backing down in a dispute that has raged since May. Maj. Gen. ...

Global airline CEOs upbeat on revenue growth prospects: survey

July 17th, 2014 (0)
Airlines are confident that their industry will boost revenue over the next year and consider joint ventures a more viable growth driver than mergers, a PricewaterhouseCoopers survey of nearly 40 chief executive officers at carriers worldwide finds. The report ...

Gold Slips Below 1300 on Yellen Rate Comments

July 16th, 2014 (0)
Gold is trading below the key level of $1300 on Wednesday. The metal dropped below this barrier on Tuesday for the first time in about a month, following remarks by Janet Yellen about a possible rate hike. In Wednesday’s ...

Trafigura Targets $8B India Metals Market With Online Store

July 16th, 2014 (0)
Switzerland-based Trafigura has launched an online store in India to sell aluminum, copper and other metals, seeking a slice of the $8 billion market and becoming the first big commodities trader to cater to hordes of small manufacturers dotting ...

EUR/USD: Dollar Rally Continues on Yellen Remarks

July 16th, 2014 (0)
EUR/USD continues to point southward on Wednesday. In the European session, the pair is trading in the low-1.35 range. The dollar is broadly higher following remarks from Janet Yellen on Tuesday concerning an interest rate hike. The Fed chair ...

CoinPip Supports Merchants Internationally

July 16th, 2014 (0)
Singapore-based bitcoin payment solution CoinPip Pte Ltd has been working tirelessly to make accepting digital currency even easier for its clients and for merchants in over 122 countries. Using CoinPip’s recently updated system, merchants can now instantly convert their ...

Bank of China Hires in Hong Kong as High-Yield Bond Trade Starts

July 16th, 2014 (0)
Bank of China Ltd. is hiring traders and sales people in Hong Kong as it sets up a high-yield bond-trading platform to boost market share and cement its position as one of Asia’s top 10 debt underwriters. Surging sales ...

European Stocks Climb on Chinese Economic Growth Report

July 16th, 2014 (0)
European stocks advanced, rebounding from yesterday’s decline, as a report showed China’s economy expanded in line with the government’s target. U.S. index futures and Asian shares were little changed. Gtech SpA gained 3 percent after agreeing to buy International ...
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