Market

Employee welds the exterior of a vehicle along a production line at a factory in Qingdao

Businesses struggled from Asia to Europe in February

03/03/2016(0)
Global business growth slowed last month as services from Asia to Europe reported waning demand and little or no inflationary pressure, suggesting more central bank stimulus may be needed, ... Read More
toshiba

Toshiba shares rally on prospect of new loans

03/03/2016(0)
Toshiba shares rallied more than 10% on Thursday on reports the firm was about to secure substantial new loans for its restructuring efforts. The company is in talks with ... Read More
gold bars

Gold edged higher on Thursday

03/03/2016(0)
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. ... Read More
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Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession

03/03/2016(0)
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 ... Read More
oil and gas platforms

Oil prices edge up as confidence rises that market has bottomed

03/03/2016(0)
Oil prices edged higher on Thursday as sentiment spread that a 20-month-long market rout is coming to an end as production slows amid strong demand. U.S. crude futures were ... Read More
Chinese_markets

Asia stocks mostly higher, with HSI trailing the pack

03/03/2016(0)
Hong Kong’s Hang Seng index was the odd one out as markets across Asia extended gains on Thursday ahead of a series of key global events due to take ... Read More
National Bank of Greece

EBRD supports international trade in Greece through National Bank of Greece

02/03/2016(0)
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 ... Read More
india-flag

Biggest Indian Bank Surges Most in Seven Years on Capital Boost

02/03/2016(0)
RBI allows banks’ property values to be added to core capital Change in capital rules to align with Basel III standards: RBI State Bank of India shares surged the ... Read More
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Economy puts aside post-mining boom blues

02/03/2016(0)
Australia finally appears to be getting over the end of the mining boom as new figures showed the economy growing at its fastest pace in nearly two years. The ... Read More
Moody’s Investors Service logo

Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks

02/03/2016(0)
Moody’s downgraded its outlook on Chinese government debt to “negative” from “stable” on Wednesday, citing uncertainty over authorities’ capacity to implement economic reforms, rising government debt and falling reserves. ... Read More
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