Search Results for: china
Iran-France oil contract to take effect Feb 16
February 9th, 2016
France’s energy giant Total will start importing 160,000 barrels per day (b/d) of crude oil from Iran later this month, Iran’s petroleum minister says. Bijan Zangeneh said an agreement, signed last month in Paris between National Iranian Oil Company ...
Europe Stocks at Recession Prices Show Growth Faith Falters
February 9th, 2016
Euro Stoxx 50 had its largest two-day slump since August Shares now trade at biggest discount in a year vs U.S. stocks For European investors trying to assess just how bad sentiment is right now, consider this: the last ...
Australia, Japan sell-off amid global rout; Nikkei drops 5.4%
February 9th, 2016
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. China and Taiwan are closed for the week, while markets ...
Gold hits new 3-month high on global economy concerns
February 8th, 2016
Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek safety in hard assets. Spot gold reached a peak of ...
INVESTOR GROUP TO ACQUIRE CHICAGO STOCK EXCHANGE
February 8th, 2016
The Chicago Stock Exchange, Inc. (CHX) is pleased to announce that it has entered into a definitive agreement to be acquired by an investor group led by Chongqing Casin Enterprise Group (the “Casin Group”). The Board of Directors of ...
Dot-Com Bubble 2.0 Is Bursting: Tech Stocks Are Already Down Half A Trillion Dollars Since Mid-2015
February 8th, 2016
Do you remember how much stocks went down when the first dot-com bubble burst? Well, it is happening again, and tech stocks are already down more than half a trillion dollars since the middle of 2015. On Friday, the ...
India Becomes Fastest Growing Economy
February 8th, 2016
Industrial reforms have lead to accelerated annualised growth of 7.3% for the last quarter of 2015 – surpassing China. India is forecast to become the fastest growing large economy in the world, surpassing that of China. Figures to be ...
FTSE hits three-year low, business confidence slumps
February 8th, 2016
FTSE 100 sheds more than 100 points, with technology and financial shares worst hit, as global growth fears reignite. The FTSE 100 has tumbled to a fresh three-year low, hit hard by a sell-off in technology, financial and industrial ...
Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran
February 8th, 2016
Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters. It has been ...
Russia Courts Foreign Banks as Funding Crunch Overtakes Politics
February 8th, 2016
Goldman, Citigroup among 20 foreign underwriters approached Allianz says Russia needs to tap Eurobond market this year Pressure is mounting on Russia to break the vow of abstinence on selling Eurobonds it has maintained since the U.S. and Europe ...
