Search Results for: oil
Gulf countries will return to economic growth
May 8th, 2017
The International Monetary Fund (IMF) has forecast the return of GCC countries to faster economic growth starting next year, supported by a fundamentally strong financial services sector and improved growth in the non-oil private sector as well as a ...
Asian Stocks Climb as Global Growth Seen Intact: Markets Wrap
May 8th, 2017
Euro declines after Macron beats Le Pen for French presidency Japan shares rally after holidays while China extends selloff Asian stocks climbed outside of China, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following ...
Chinese equities headed for their longest losing streak this year amid
May 5th, 2017
Crude declines below $45 a barrel; iron ore extends slump Shanghai Composite Index set to give up this year’s gains Oil slid below $45 a barrel for the first time since November and Chinese equities headed for their longest ...
Western Union reports revenue of $1.3 billion for Q1 2017
May 4th, 2017
The Western Union Company (NYSE: WU) today reported first quarter financial results and affirmed its outlook for 2017, which was previously provided on February 9, 2017. In the first quarter the Company generated revenue of $1.3 billion, which was ...
BDO rivals KPMG for AIM audits
May 4th, 2017
Mid tier firm BDO has moved up to share the top spot with KPMG in the rankings of audit firms advising AIM clients, according to the latest quarterly listing from Adviser Rankings Ltd. BDO has picked up four clients ...
Asian Stocks Decline as Iron Ore Futures Tumble: Markets Wrap
May 4th, 2017
FOMC leaves rates unchanged, sees inflation near target Aussie dollar erases loss as Lowe speaks in Brisbane Australian and Chinese stocks fell further on Thursday after metals prices declined, while South Korean shares rallied and the dollar held gains ...
Coffee, tea and cocoa prices could fall by more than six per cent this year: World Bank
May 3rd, 2017
Coffee, tea and cocoa prices could fall by more than six per cent this year according to the World Bank’s Commodity Markets Outlook. But that hasn’t stopped Take A Shot Coffee, a mobile coffee catering service, from serving up delicious ...
CME Group reached Average Daily Volume of 16.3 million contracts in April 2017
May 3rd, 2017
CME Group, the world’s leading and most diverse derivatives marketplace, today announced that April 2017 average daily volume (ADV) reached 16.3 million contracts, up 18 percent from April 2016. CME Group April 2017 options volume averaged 4 million contracts ...
Aussie Stocks Drop, Taiwan Bucks Poor Apple Result: Markets Wrap
May 3rd, 2017
Japan and Hong Kong among Asian markets shut on Wednesday Kiwi dollar climbs as jobless rate in New Zealand declines Australian stocks dropped, while a poor Apple Inc. earnings report proved no bar to gains in Taiwan’s electronics-rich stock ...
The Bank of Russia decided to reduce the key rate to 9.25% p.a.
May 2nd, 2017
On 28 April 2017, the Bank of Russia Board of Directors decided to reduce the key rate to 9.25% per annum. The Board notes that inflation is moving towards the target, inflation expectations are still declining and economic activity is recovering. At the same time, inflation risks ...
