Search Results for: oil
Ras Al Khaimah could be UAE’s ‘new St Tropez’
April 28th, 2016
Ras Al Khaimah could be the next St Tropez, according to Filippo Sona, Colliers International’s head of hotels for the Middle East and North Africa. “Where will you see the best growth coming up five years?” said Sona, after ...
Asian Stocks Fall as BOJ Leaves Monetary Policy Unchanged
April 28th, 2016
Shares slide in Tokyo market, led by brokerages and banks Economists confounded as BOJ refrains from adding to stimulus Asian stocks fell, led by a slump in Tokyo shares, after the Bank of Japan refrained from adding to its ...
Asian Stocks, Nasdaq Futures Slide on Apple; Aussie Sinks on CPI
April 27th, 2016
European shares fluctuate amid mixed earnings; Total climbs Apple, Twitter add to technology gloom as forecasts disappoint Treasuries rose, sending 10-year yields lower for the first time in eight days, and the dollar weakened, as markets signaled caution before ...
Europe Stocks Little Changed as Munich Re Falls, Barclays Gains
April 27th, 2016
European equities fluctuated, inching lower for the fourth time in five days, with investors increasingly skeptical about the recent rally scrutinizing earnings releases. Munich Re fell 3.5 percent, dragging insurers lower, after forecasting lower profit than previously expected. Barclays Plc climbed ...
Asian Stocks Slip Before Fed, BOJ as Yen Rises; Ringgit Slides
April 26th, 2016
Copper drops as oil resumes gains; U.S. Treasuries advance Malaysia’s currency slumps as state fund misses bond payment Asian equities fell for a third day and copper dropped to a one-week low as investors shunned riskier assets ahead of ...
FTSE 100 in the red as mining shares slump
April 25th, 2016
U.K. shares swung lower Monday, with mining shares struggling at the start of the new trading week. The FTSE 100 UKX, -0.66% fell 0.8% to 6,258.28. All sectors declined, led by the basic materials and oil groups. The blue-chips index on Friday dropped ...
IMF lowers Gulf economic growth forecast with ‘substantial measures needed’
April 25th, 2016
Growth in the Arabian Gulf will slow to 1.8 per cent this year as low oil prices take their toll on budgets, which will lose $140 billion in export revenue this year, the IMF said today. The growth forecast ...
For robo-advisers, the next bear market will be a big test
April 25th, 2016
Robo-advisers might have more reasons to be worried about the next bear market than investors do. Low fees and an investing-on-autopilot approach have attracted about $50 billion in assets to the broad universe of robo-advisers, according to researcher Aite ...
Bank of Israel keeps the interest rate for May 2016 unchanged at 0.1 percent
April 25th, 2016
Inflation data: The Consumer Price Index for March declined by 0.2 percent, a slightly greater decline than the average of forecasters’ predictions for a decline of 0.1 percent. There was a seasonal price decline of 3.9 percent in the fruit ...
Asian Stocks Retreat as BOJ Negative-Rate Proposal Weakens Yen
April 22nd, 2016
Microsoft, Alphabet, Sony profits fall short of estimates Topix rebounds as currency weakens; Shanghai Composite falls Asian stocks retreated from a four-month high as companies including Sony Corp. and Microsoft Corp. reported earnings that missed estimates. Japanese shares rose ...
