Search Results for: currency market
Japanese stocks soar to seven-year peak on tax-hike delay talk
November 12th, 2014
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile economic recovery. MSCI’s broadest index ...
Stocks: Dow, S&P 500 close at record highs
November 11th, 2014
Wall Street continued to march further into record territory Monday as the Dow and S&P 500 closed at record highs again. Investors have been pushing stocks higher on signs the U.S. economy continues to improve and as corporate earnings come ...
Putin seeks to reassure world amid ‘perfect storm’
November 11th, 2014
The Russian ruble strengthened against the dollar on Monday after President Vladimir Putin said there were no “fundamental economic reasons” for the currency’s slide, but analysts –and the country’s central bank — beg to differ. Speaking at an Asia ...
Shanghai-Hong Kong Stock Connect gets China go-ahead
November 10th, 2014
Regulators have approved a long-awaited plan to connect the Hong Kong and Shanghai stock exchanges. The Shanghai-Hong Kong Stock Connect will allow investors to trade across the border for the first time and is set to begin on 17 ...
Wheels Finally Fall Off Russian Ruble
November 10th, 2014
A strong dollar, declining oil prices, and a weak economy have finally taken the wheels off the Russian ruble. It has finally sunk in that the Central Bank is not going to act in defense of the ruble anytime ...
Yuan Bears Say Record Dollar Debt to Fuel Decline: China Credit
November 7th, 2014
Yuan bears have added Chinese companies’ record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this year, 11 times more than the $17.7 billion of 2008, ...
Protect yourself from a negative outcome
November 7th, 2014
Something bad that overturns our calculations and expectations in life can happen any time. A driver insures his car to be covered in case of an accident. A landlord can also insure his house, his assets. How can, an ...
Gold Slumps With Silver to Lowest Since ’10 as Platinum Retreats
November 7th, 2014
Gold and silver tumbled to the lowest level in more than four years as a gauge of the dollar headed for the biggest weekly advance in more than 12 months, curbing demand. Platinum dropped to the lowest since 2009. ...
Asian shares slump, euro wallows near lows
November 7th, 2014
Asian shares edged down on Friday ahead of U.S. employment data later in the session, while the euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take more easing steps to spark growth in ...
Texas man charged in first-ever bitcoin Ponzi scheme
November 7th, 2014
In the first federal securities case involving a Ponzi-scheme using the digital currency, a Texas man was charged Thursday in New York with defrauding investors of millions of dollars worth of bitcoin. Trendon Shavers, 32, was arrested at his ...
