Search Results for: economy
Greece Latest: New payouts and the start of debt relief talks may delay
March 3rd, 2016
Euro zone, IMF split over how much Greece needs to reform Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts ...
Gold edged higher on Thursday
March 3rd, 2016
Gold still in vogue as fund flows counter risk appetite revival * Gold has risen 17 pct this year, not far below 1-year peak * Market eyeing Friday’s U.S. nonfarm payrolls Gold edged higher on Thursday as strong inflows ...
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
March 3rd, 2016
Credit Suisse recently warned the eurozone could collapse in the event of a fresh downturn or recession in Europe. Economists at the Swiss bank in a research note titled “Close to the edge” said the recession would unleash a ...
Big Four’s £2.55bn revenues dominate UK consultancy market
March 3rd, 2016
The consulting arms of the Big Four accountancy firms continue to dominate the UK consultancy market, accounting for over a third of revenues, and are growing faster than the rest of the sector, according to research by Source Global ...
IOSCO Publishes the Securities Markets Risk Outlook 2016
March 3rd, 2016
The International Organization of Securities Commissions (IOSCO) today published the IOSCO Securities Markets Risk Outlook 2016, which identifies and examines key trends in global financial markets and the potential risks to financial stability. The Outlook is a forward-looking report ...
EBRD supports international trade in Greece through National Bank of Greece
March 2nd, 2016
Facility will help National Bank of Greece scale up trade finance The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a facility to National Bank of Greece under the EBRD’s Trade Facilitation Programme (TFP). The facility ...
Asia mostly higher with Nikkei leading the pack
March 2nd, 2016
Asian markets rose Wednesday, with Japan’s Nikkei 225 index leading the way after a strong finish on Wall Street overnight. The Japanese benchmark index was up 4.26 percent, with the yen hovering near the 114 handle against the dollar, after falling ...
RBA:Monetary Policy Decision-Rate unchanged
March 1st, 2016
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Recent information suggests that the global economy is continuing to grow, though at a slightly lower pace than earlier expected. While several ...
Stocks Limp to End Weak February
March 1st, 2016
Investors remain cautious, as officials guide China’s currency to weakest level in three weeks February’s rally faded Monday, as the Dow industrials hung on to post a small gain for the month while the S&P 500 slipped into negative ...
Bank of Russia Sets Up Taskforce to Explore Bitcoin and FinTech
February 29th, 2016
It may come as quite a surprise to some people, but the Bank of Russia will be exploring what Bitcoin technology has to offer to the financial world. The status of Bitcoin in Russia seems to be changing on ...
