Search Results for: commodity
Deutsche Bank shares soar 11% on bond buyback speculation
February 10th, 2016
Deutsche Bank shares have bounced back, after hitting a 30-year low on Tuesday, on reports that it will instigate an emergency bond buyback plan. Shares in the bank soared more than 11% to €14.72 (£11.43) in Frankfurt on the ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
CFTC Issues an Exemption to the Korea Exchange Permitting Designated Korea Exchange Members to Deal Directly with U.S. Customers
February 9th, 2016
The Commodity Futures Trading Commission (CFTC) today issued an Order to the Korea Exchange (KRX) permitting certain KRX Members to solicit and accept orders and in connection therewith, accept funds directly from U.S. customers for trading on KRX without ...
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 ...
India blocks Facebook’s plan for free Internet
February 8th, 2016
Facebook’s campaign to offer free Internet access to hundreds of millions of people in India has been blocked. India’s telecoms regulator ruled Monday that service providers must charge the same price for all content, dealing a crushing blow to ...
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 ...
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 ...
UK economy picks up at start of 2016
February 8th, 2016
Business activity rises at fastest rate for six months and in all regions, led by the West and East Midlands Wales maintains solid growth into New Year Employment continues to rise, and inflationary pressures remain low due to falling ...
Oil Trades Near $31 After Saudi-Venezuela Talks as Bets Increase
February 8th, 2016
Al-Naimi speaks with counterpart about other producer meetings Vitol CEO says crude to stay between $40 and $60 for 10 years Oil traded near $31 a barrel after Saudi Arabia and Venezuela met to discuss cooperating to stabilize the ...
