Market

Chinese flag

China to Impose Quota on Local Government Debt Amid Risks

02/10/2014(0)
China announced plans to cap the amount of debt local governments can take on and ban them from additional borrowing through financing vehicles as authorities step up efforts to ... Read More
mario draghi

Draghi’s Buying Spree for the ECB Might Start Modestly

02/10/2014(1)
When Mario Draghi writes his first check to pay for asset purchases, he might not use much ink. While the European Central Bank president pledged to start a program ... Read More
Russia's president Vladimir Putin

Russia debt freeze is lesson for Hong Kong

02/10/2014(0)
Beyond a few wobbles, global markets have proved remarkably indifferent this year to political risks – whether Russia’s incursions into Ukraine, Iraq’s descent into chaos or democracy protests in ... Read More
nat gas

Natural Gas Causing ‘Detour’ on Road to Cleaner Fuel

02/10/2014(0)
Natural gas is often promoted as a cleaner alternative to gasoline — a kind of “bridge fuel” between emission-heavy energy sources and zero-emission renewables like solar and wind. But ... Read More
pimco

Pimco Returns Fund investors hits record $23.5 billion

02/10/2014(0)
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day ... Read More
Samsung logo

Samsung’s profit hit bottom in third quarter ahead of slow recovery

02/10/2014(0)
Samsung Electronics Co Ltd’s (005930.KS) profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver ... Read More
oil-gas

US becoming largest oil producer in the global economy

30/09/2014(0)
The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector. ... Read More
kevin-systrom-instagram-getty

Walmart appoints Instagram founder Kevin Systrom to its board

30/09/2014(0)
The world’s largest retailer has come over more Walden than Walmart, after it appointed Instagram founder and chief executive Kevin Systrom to its board. The US-based supermarket, which owns ... Read More
oil - workers

Russian Energy Influence on Europe

30/09/2014(0)
With the Ukrainian conflict unresolved and winter in sight, the EU will not only have the grand task of preparing the continent for the possibility of energy shortages, but ... Read More
European Central Bank

Draghi Devaluing Euro Cheers ECB as Inflation Seen Fading

29/09/2014(0)
Mario Draghi’s strategy for reviving the euro area looks like devaluation. While the European Central Bank president says the exchange rate isn’t a policy target, officials aren’t secretive about ... Read More
Broker Cyprus TopFX