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factory petro-hemicals

Oil price slumps to lowest level in more than 6 years

12/08/2015(0)
The price of U.S. crude oil has tumbled to its lowest level in more than six years. Benchmark U.S. crude fell $1.88, or 4 percent, to settle at $43.08 ... Read More
yuan_market

Yuan cut clobbers markets, rekindles fear of forex war

12/08/2015(0)
China’s 2 percent devaluation of the yuan hit global equities and U.S. oil prices on Tuesday with investors fearing a new currency war as well as declining Chinese economic ... Read More
tsipras-tsakalotos

Greece: Deal to go to Parliament after creditors’ approval

12/08/2015(0)
After securing an agreement with representatives of Greece’s international creditors on Tuesday, Greek Prime Minister Alexis Tsipras must now consider how to push the deal through Parliament as efficiently ... Read More
Asian stocks

Asian markets down as yuan depreciates a further 1.6%

12/08/2015(0)
Chinese shares were lower on Wednesday as its central bank again devalued the yuan, following Tuesday’s record cut. The People’s Bank of China fixed the daily guiding rate for ... Read More
tsipras-July 2015

Greece and lenders agree bailout, shares rally

11/08/2015(0)
Greece and its international lenders reached an 85 billion euro bailout agreement on Tuesday after nailing down the terms of new loans needed to save the country from financial ... Read More
china

PBOC sharply cuts yuan against US dollar after weak data

11/08/2015(0)
The People’s Bank of China allowed the yuan to depreciate almost 2 percent against the U.S. dollar to levels last seen three years ago, sending a shock through currency ... Read More
bank of russia

Bank of Russia Gets Putin’s Praise, Opts for Verbal Intervention

10/08/2015(0)
Russian President Vladimir Putin commended the central bank for its efforts to keep the ruble stable after policy makers called for calm as the currency headed for a six-month ... Read More
chinese-flag

China About To Make History — Again

10/08/2015(0)
Any discussion of China has to open with the now-widely-understood fact that the numbers it reports are not to be trusted. Knowing this makes it easy to dismiss claims ... Read More
alpha-bank-greek-bank

Greek debt crisis: Greek bank stocks rise as bailout talks progress

10/08/2015(0)
Greek bank stocks have risen as the country comes closer to agreeing a third bailout worth €86bn (£60.8bn) with international creditors. Banks have risen to the top of the ... Read More
Tsipras-eurozone

Greece hopes to conclude bailout talks by Aug. 11

10/08/2015(0)
Greece hopes to conclude negotiations with international creditors by early Tuesday at the latest, a Greek official said as talks continued in Athens on a new multi-billion euro bailout ... Read More
Broker Cyprus TopFX