Search Results for: economy
Asian Stocks Extend Global Rally as Oil Regains $50; Yen Climbs
May 26th, 2016
Crude Rises on falling U.S. oil stocks, supply disruptions Norwegian krone, Malaysian ringgit strengthen; gold rebounds Energy producers led stocks higher in Asia and the currencies of oil-exporting nations strengthened as Brent crude traded above $50 a barrel for ...
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
Ryanair reported €1,242 million profits
May 23rd, 2016
Ryanair has reported a 43% jump in full year profits to €1,242 million. The increase was driven by a number of factors including an 18% rise in traffic to 106 million passengers, a five percentage point increase in load ...
Qatar identifies $19.7bn of investment opportunities in sport
May 23rd, 2016
The country is investing heavily in infrastructure in the buildup to its hosting of the 2022 World Cup Qatar has identified nearly $20bn of investment opportunities in the sports sector ahead of its hosting of the FIFA World Cup ...
One of the World’s most expensive Countries is discussing paying people $2,500 a month for doing nothing
May 23rd, 2016
The Swiss are discussing paying people $2,500 a month for doing nothing. The country will vote June 5 on whether the government should introduce an unconditional basic income to replace various welfare benefits. Although the initiators of the plan haven’t stipulated how ...
Asian stocks get a lift from higher oil prices
May 20th, 2016
A bounce in oil prices supported major Asian benchmark indexes on Friday, though the prospect of higher U.S. interest rates again weighed on some markets in the region. China-related stocks were up 1.5% in Hong Kong and the Hang ...
About 27% of banks left Russian market in two crisis years — Sberbank expert
May 19th, 2016
According to the analyst the number of banks reduced from 922 (as of early 2014) to 697 as of May 2016 About 27% of banks left the Russian market in two crisis years, most of them are medium banks ...
Android Pay launches in the UK
May 19th, 2016
Google’s Android Pay has launched in the UK, enabling millions of Brits to make contactless instore and in-app payments with their handsets. Bank of Scotland, First Direct, Halifax, HSBC, Lloyds Bank, M&S Bank, MBNA and Nationwide Building Society are ...
Dollar stands tall as Fed minutes rekindle June rate hike bets
May 19th, 2016
The dollar stood tall and set a three-week high against the yen on Thursday, after the minutes of the U.S. Federal Reserve’s latest policy meeting rekindled expectations for a June interest rate hike. The dollar rose to 110.27 yen ...
Dollar in vogue, hits three-week high on revived Fed rate hike expectations
May 18th, 2016
The dollar rallied to a three-week high against the euro and a basket of currencies on Wednesday on renewed expectations that the Federal Reserve could raise interest rates soon. U.S. consumer prices recorded their biggest increase in more than ...
