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citigroup-inc

Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore

13/08/2015(0)
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting ... Read More
currencies

Can You Imagine The Fed Raising Rates In This World? Currency Crisis Edition

13/08/2015(0)
A month ago China’s stock bubble was bursting and Greece was imploding. Yet the US Fed, in a violation of both headline sentiment and common sense, was still promising ... Read More
yuan_market

China central bank tries to soothe global markets, says no basis for yuan to fall further

13/08/2015(0)
China’s central bank said on Thursday that there was no basis for further depreciation in the yuan given strong economic fundamentals, in a bid to reassure jittery global markets ... Read More
gold-stones

Gold demand falls in Q2 2015

13/08/2015(0)
Gold demand falls in Q2 2015 as reduced consumer appetite in Asia outweighs increased buying in some western markets The World Gold Council’s Gold Demand Trends report for Q2 2015 shows ... Read More
tsipras-skeptical

Greece debt crisis: Tension rises ahead of vote on third bailout

13/08/2015(0)
Faced with opposition to a new Greek bailout at home and abroad, Greek Prime Minister Alexis Tsipras on Wednesday expressed confidence that the deal would gain approval in what ... Read More
oil-well

Oil wars: OPEC is winning

13/08/2015(0)
OPEC’s strategy to pump like crazy despite collapsing oil prices seems to be finally paying off: The U.S. oil industry is showing cracks. Oil supply from non-OPEC countries is ... Read More
Asian Stocks

Asian stocks up despite lower yuan

13/08/2015(0)
Asian shares were up despite China sending the value of its currency, the yuan lower for the third consecutive day. Thursday’s yuan guidance rate was set 1% down, a ... Read More
bank-china

China devalues yuan for third straight day taking fix to 4-year low

13/08/2015(0)
China’s central bank continued to devalue the country’s currency for a third straight day, amid fears of a global currency war. On 13 August, the People’s Bank of China ... Read More
alibaba logo

Alibaba Growth Slows as Chinese Economy Weakens; Buyback Planned

12/08/2015(0)
Alibaba Group Holding Ltd. quarterly sales rose at the slowest pace in at least three years and transaction volumes missed analyst estimates amid a weakening Chinese economy. Shares fell ... Read More
oil - petrol - A man fills up his car

IEA Sees Oil Glut Enduring in 2016 After Reaching 17-Year High

12/08/2015(0)
The global oil glut will last through next year as surging demand and faltering supply growth fail to clear the surplus, according to the International Energy Agency. Record inventories ... Read More
Broker Cyprus TopFX