Search Results for: economy
T-TIP: Salvation or trash-tip?
May 9th, 2016
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be at the back of the queue when it comes to a free trade agreement. If ...
Central European economies not performing up to potential, IMF warns
May 6th, 2016
Falling productivity, low investment, and high migration are withholding central, eastern and southern European economies from returning to their pre-crisis potential, the International Monetary Fund has warned. In its economic outlook for the region, the fund said that the ...
HKEX announced Seven Sector Index Futures Contracts to Debut on 9 May
May 6th, 2016
The seven sector index futures contracts to be rolled out by Hong Kong Exchanges and Clearing Limited (HKEX) on Monday, 9 May 2016 will enable investors to gain exposure to a basket of stocks in a key segment of ...
Asian Stocks Sink to Four-Week Low as Yen Gains; Aussie Slides
May 6th, 2016
Australian bonds surge as RBA cuts inflation forecast Oil near $44, poised for first weekly decline in a month Asian stocks dropped, set for the biggest weekly loss since February, and the yen rose before key American jobs data ...
South Korea offers 25 billion USD investment package to Iran
May 5th, 2016
South Korean President Park Geun-hye offered 25 billion U.S. dollars aid for infrastructure investment in Iran, Petro Energy Information Network (SHANA) reported on Wednesday. According to its 6th Development Plan, Iran wants to invest 185 billion U.S. dollars in ...
Kingdom of Bahrain Unveils New Tourism Identity
May 5th, 2016
– ‘Ours. Yours’ launched at the Arabian Travel Market – Six representative offices will be launched in the GCC The Kingdom of Bahrain launched today its new tourism identity under the slogan of ‘Ours. Yours’ in a step to ...
A Currency War Battle That Europe and Japan Can’t Afford To Lose
May 5th, 2016
The dollar is tanking lately. From a high of around 100 in December, the dollar index — which measures USD against a basket of foreign currencies — is down about 8%, and the decline is steepening. In counterintuitive currency ...
BDO confirms the election of a new Managing partner
May 5th, 2016
Paul Eagland has been elected as the new Managing Partner of BDO LLP following a vote of all its partners, the accountancy and advisory firm has announced today. Paul will succeed the current Managing Partner, Simon Michaels, and will ...
European Stocks Decline Fourth Day as Earnings Fail to Encourage
May 5th, 2016
BHP Billiton leads commodity producers lower on Brazil lawsuit Societe Generale advances as earnings beat estimates European stocks posted their longest losing streak in more than a month as the latest batch of earnings failed to lift investor sentiment. ...
Taking the petro out of the dollar
May 4th, 2016
Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and ...
