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Oil recovers lost ground, but market remains under pressure

April 24th, 2017 (0)
Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S. drilling capped gains. U.S. West ...

America’s financial war strategy

April 23rd, 2017 (0)
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...

Deutsche Bank AG fined $156.6 million

April 21st, 2017 (1)
The Federal Reserve on Thursday announced two enforcement actions against Deutsche Bank AG that will require the bank to pay a combined $156.6 million in civil money penalties. The bank will pay a $136.9 million fine for unsafe and ...

Oil prices claw back some losses, but oversupply still weighs

April 20th, 2017 (0)
Oil prices regained some ground on Thursday after steep losses the previous day, with a slight drop in U.S. crude inventories stoking hopes that a global supply overhang might slowly retreat. Brent crude futures were at $53.08 per barrel ...

Crude oil eases for second day on rising U.S. production

April 13th, 2017 (0)
Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched briefly in the last session as rising U.S. production stoked worries about global oversupply. Benchmark Brent crude futures slid 4 cents, or ...

The Libor trials: Where we are now

April 12th, 2017 (0)
Barclays sent shockwaves through the City when, in July 2012, it was fined nearly £300m by British and US regulators for its role in the Libor-rigging scandal. Days later, then chief executive Bob Diamond handed in his notice. The ...

Oil rises on potential Saudi Arabian output cut extension

April 12th, 2017 (0)
Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to be lobbying OPEC and other producers to extend a production cut beyond the first ...

Oil prices firm on strong demand, political uncertainty in Syria

April 10th, 2017 (0)
Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another rise in U.S. drilling activity kept a lid on gains. Brent crude futures, the international benchmark for oil, were at $55.28 per ...

Most Asian Stocks Rise as Yen’s Drop Lifts Topix: Markets Wrap

April 10th, 2017 (0)
Korean shares slip with the won; oil extends last week’s gain Earnings from Prada, JPMorgan and Tesco are expected this week Most Asian stocks rose, with a falling yen pushing shares higher in Japan, as investors weighed the impact ...

Gold rallies to 5-month high as U.S. airstrikes on Syria drive investors to haven assets

April 8th, 2017 (0)
Gold prices surged on Friday, as investors flocked to the perceived haven asset in the wake of U.S. military airstrikes against Syria in retaliation for a suspected chemical attack on civilians earlier in the week. Gold for June delivery ...
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