Search Results for: China

World Sets New Oil Production and Consumption Records

July 11th, 2014 (0)
Last month BP (NYSE: BP) released the Statistical Review of World Energy 2014. This report is one of the most comprehensive sources of global and country level statistics on production and consumption of oil, natural gas, coal, nuclear power ...

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

July 10th, 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. The directive issued by the People’s Bank of China (PBC) ...

Global stocks mixed, Indonesia up after election

July 10th, 2014 (0)
Global markets were mixed Thursday with a slight pickup in China’s exports failing to give a lift to European stocks after most Asian indexes closed up. Indonesian stocks surged despite a contested presidential election result. European markets failed to ...

European Stocks Drop for Fifth Day; Fugro Tumbles

July 10th, 2014 (0)
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...

U.S. Dollar Falls after Lack of Fed Guidance

July 10th, 2014 (0)
The dollar fell the most in more than a week as minutes from the Federal Reserve’s last meeting failed to provide additional insight on the pace of interest-rate increases next year. The euro gained for a third day versus ...

Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia

July 9th, 2014 (0)
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate ...

Portugal Bonds Drop With Europe Stocks as Gold Advances

July 9th, 2014 (0)
Portugal and Italy led declines in European bonds and stocks dropped while gold climbed. Emerging-market shares fell from a 16-month high. The yield on Portugal’s 10-year bond jumped 19 basis points to 3.84 percent by 9:53 a.m. in London. ...

U.S. Dollar Remains Lower Before Fed Minutes

July 9th, 2014 (0)
A gauge of the dollar remained lower before the Federal Reserve releases minutes of its most recent meeting amid speculation an uneven economic recovery will prompt policy makers to hold borrowing costs near zero. The greenback held losses from ...

Europe’s Debt Wish

July 8th, 2014 (0)
Eurozone leaders continue to debate how best to reinvigorate economic growth, with French and Italian leaders now arguing that the eurozone’s rigid “fiscal compact” should be loosened. Meanwhile, the leaders of the eurozone’s northern member countries continue to push ...

Horizon Software to Launch Chinese Options Trading System

July 8th, 2014 (0)
Horizon Software, a Paris-based provider of front-end trading software, is planning the launch of an options trading system for the Chinese market, set to launch in the fourth quarter of 2014. As China is about to launch equity index ...
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