Search Results for: dollar
Google’s ad revenue continues to struggle
January 30th, 2015
Google remains obsessed with doing everything — from developing phones to making self-driving cars to building high-speed Internet cables — but it’s still struggling with one of the most basic ways it makes money: online advertising. The company’s earnings ...
Markets mixed after Fed statement
January 29th, 2015
US stocks fell sharply on Wednesday after Federal Reserve reiterated its plans to hike interest rates sometime in 2015. The Federal Reserve boosted its assessment of US economy as it described the expansion as “solid”, an improvement over the ...
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...
Statement of Reserve Bank of New Zealand on Official Cash Rate
January 29th, 2015
With a statement issued today, the Reserve Bank of New Zealand released that left the Official Cash Rate unchanged at 3.5 percent. Trading partner growth in 2015 is expected to be similar to 2014, though the outlook is weaker ...
Asian shares skid as bullish Fed take investors by surprise
January 29th, 2015
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year despite an uncertain global outlook. A greater likelihood of ...
China’s yuan joins top 5 most-used global currencies
January 28th, 2015
China’s yuan has become one of the five most widely used currencies in global payments, an international financial transactions agency announced today. The yuan passed the Canadian and Australian dollars in popularity in December, according to the Society for ...
Swiss to Compensate Workers Hurt by Franc
January 28th, 2015
The Swiss government said it will compensate employees forced to work fewer hours at companies hit by the sharp appreciation of the Swiss franc, marking the first domestic political action aimed at cushioning the impact of recent currency moves. ...
Markets decline on weak economic data and disappointing earnings reports
January 28th, 2015
US stocks recorded their biggest decline in three weeks on Tuesday after an unexpected drop in durable-goods orders and disappointing earnings reports from Microsoft Corp. and Caterpillar Inc. The durable-goods orders fell 3.4% in December instead of a small ...
Russian Ruble Weakens on Threat of New Sanctions
January 28th, 2015
The Russian ruble weakened on Wednesday, with a retreat in oil prices and a threat of new sanctions on Moscow for its role in the Ukraine crisis promising to weigh on the currency in the near future. At 07:38 ...
European Stocks Fall Following Greek Selloff
January 28th, 2015
Markets Cautious Ahead of U.S. Federal Reserve Statement European stocks fell Wednesday, hit by a big selloff in Greece and caution ahead of the latest message on the path of monetary policy due from the U.S. Federal Reserve statement later in the day. ...
