Prices hit fresh seven-year lows on expectations that U.S. crude inventories rose Brent crude dipped below $40 a barrel Tuesday in a selloff that has raised a worrisome possibility: ... Read More
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near ... Read More
Foreign investors withdrew $7.6 billion from stocks, bonds Capital Economics sees lira, bonds extending declines Foreign investors look set to keep pulling their money out of Turkey after dumping a ... Read More
Egypt expects to receive $1.5 billion from the World Bank and African Development Bank by year-end to support the budget and could discuss potential IMF financing once parliament convenes, ... Read More
Gross domestic product grew by an annualized 1% in the third quarter, instead of contracting by 0.8% as previously announced, Japan’s Cabinet Office said Tuesday. That means the world’s third-largest economy ... Read More
HSBC is looking to boost investment banking profits by packaging more of its loans into bonds and selling them to investors in the United States. Post-crisis regulations have made ... Read More
Oil falls by $2 a barrel with energy shares as Opec refusal to stop flooding the market with cheap oil and likely US rate hike sends Brent crude tumbling ... Read More
Asian stocks hit three-week lows on Tuesday as a rout in oil prices knocked energy company shares lower and many investors moved to the sidelines ahead of next week’s ... Read More
Goldman thinks oil prices could fall another 50% as the market spends another year sorting itself out The oil market is out of whack and Goldman Sachs doesn’t see ... Read More
Anyone that tries to tell you that a global financial crisis is not happening is not being honest with you. Right now, there are 27 major global stock markets ... Read More
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