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Market

US-economy

Economists downgrade forecasts for U.S. growth

11/07/2014(0)
U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter. ... Read More
portugal

Global stock markets hit by Portuguese bank concerns

11/07/2014(0)
Stock markets in Europe and the US have fallen over concerns about the health of one of Portugal’s biggest banks. Shares in Banco Espirito Santo were suspended after falling ... Read More
stanley fischer

Fischer opposes proposals to break up banks

11/07/2014(0)
New Federal Reserve Bank Vice Chairman Stanley Fischer says financial reform in the U.S. “is making significant progress in strengthening the financial system,” and he casts doubt on proposals ... Read More
Mario Draghi - ECB

ECB keeps banks on tight leash for health check results

10/07/2014(0)
The European Central Bank wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks even ... Read More
MAS singapore

MAS welcomes cross-border yuan initiative for Tianjin Eco-city

10/07/2014(0)
The Monetary Authority of Singapore (MAS) has welcomed the move by China’s central bank to allow companies and individuals in Tianjin Eco-city to conduct cross-border yuan transactions with Singapore. ... Read More
European Central Bank

Improvements to EU Merger Control Rules in the Offing?

10/07/2014(0)
The European Commission has launched a public consultation on proposals to improve merger control at EU level outlined in a White Paper. The reform of the Merger Regulation in ... Read More
Bank of Russia, Moschow

Russian central bank, finance ministry agree on banking rules for state firms

10/07/2014(0)
Russian state companies, the backbone of the economy, can only have accounts at banks with capital of no less than 10 billion rubles ($296 million) or at those with ... Read More
5887236502_7af0d80e02_b-712x532

Google to create European venture capital arm

10/07/2014(0)
Google is creating a European arm to its venture capital vehicle, as the internet group seeks to tap into the ideas and money being generated by the continent’s emerging ... Read More
bitcoin

Ex-CS commodities head turns to bitcoin

10/07/2014(0)
A UK-based bitcoin exchange has tapped the former global head of commodities at Credit Suisse to lead its attempt to promote professional trading of the virtual currency. Adam Knight, ... Read More
china trade

China’s Trade Data Misses Expectations

10/07/2014(0)
China released improved trade data that missed expectations on Thursday, figures that suggest external demand remains weak and domestic recovery fragile, analysts say. The country’s exports rose 7.2 percent ... Read More
Broker Cyprus TopFX