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The Financial Apocalypse Accelerates As Middle East Stocks Crash To Begin The Week

18/01/2016(0)
It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks ... Read More
Gold-

How low gold prices affect jewelry sales

18/01/2016(0)
Declining gold prices boosts jewelry sales Low gold prices have boosted sales in Saudi markets despite recent global fluctuations in its value. Riyadh and Makkah registered the highest levels ... Read More
russian-crude

Italian Investment Guru Says No Time Like the Present to Invest in Russia

18/01/2016(0)
Ernesto Preatoni, an Italian real estate developer and investment guru with projects stretching from the Middle East to Eastern Europe, says that there’s no time like the present to ... Read More
Wells_Fargo-624x414

Wells Fargo Surpasses Citigroup

18/01/2016(0)
Wells Fargo sees 6% growth in assets; Citigroup posts strong annual profit Starting the new year, most big banks are touting their regimens to slim down: Wells Fargo & Co. just ... Read More
Brent Crude Oil

Oil slides to lowest since 2003 as Iran sanctions lifted

18/01/2016(0)
Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country over the ... Read More
china-markets

Asia markets close mostly down; Japan, Australia near bear markets

18/01/2016(0)
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over ... Read More
Bank for International Settlements (BIS)

Austrians get (some) mainstream credibility

15/01/2016(0)
Well, well: who would have believed it. First the Bank for International Settlements comes out with a paper that links credit booms to the boom-bust business cycle, then Britain’s ... Read More
bhp billition

BHP Billiton:Onshore US Asset Review

15/01/2016(0)
BHP Billiton expects to recognise an impairment charge of approximately US$4.9 billion post-tax (or approximately US$7.2 billion pre-tax) against the carrying value of its Onshore US assets. This charge ... Read More
china-market

ECB policymakers divided over China risks

15/01/2016(0)
Policymakers at the European Central Bank disagreed at their last meeting over how big a threat turmoil in China and other emerging markets pose to Europe’s modest economic recovery. ... Read More
blomberg

Switzerland Weathers the Superstrong Franc

15/01/2016(0)
It was in a small, wood-paneled boardroom overlooking Lake Zurich that Thomas Jordan and his colleagues at the Swiss National Bank made a decision that caught global markets unawares, ... Read More
Broker Cyprus TopFX