Search Results for: oil
China stocks up, other Asian markets lower after US losses
August 7th, 2015
Chinese stocks rose Friday while other Asian markets followed Wall Street lower as investors looked ahead to U.S. jobs data and a meeting of Japan’s central bank. KEEPING SCORE: The Shanghai Composite Index rose 1.9 percent to 3,731.75 and ...
This Precious Metal Needs a Silver Bullet
August 6th, 2015
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...
China Shares Fall; Japan Rises Ahead of U.S. Jobs Data
August 6th, 2015
Bank, energy firms pressure Australian shares China’s shares fell and bank shares pressured Australia on Thursday, but Japan’s market rose ahead of a key jobs report in the U.S. later this week. The Shanghai Composite Index was last down ...
Asian Shares Gain After Rosy China Data
August 5th, 2015
IMF says China likely needs more market liberalization before labeling yuan a reserve currency Asian shares pared earlier losses to trade higher Wednesday after a gauge of China’s service sector reached an 11-month high, outweighing concerns that a rise ...
JPMorgan, Simpson Sued Over Mistake in GM Loan: Business of Law
August 4th, 2015
It was only a matter of time. One of the participants in a $1.5 billion term loan that JPMorgan Chase & Co. made to General Motors Corp. before its bankruptcy is now suing the bank and its lawyers at ...
China stock exchanges step up crackdown on short-selling
August 4th, 2015
China stepped up its crackdown on short-selling of shares on Tuesday, unveiling rules that make it harder for speculators to profit from hourly price changes, as some of the nation’s major brokerages suspended their short-selling businesses. China’s stock exchanges ...
Iran warns Opec it plans to recapture market share
August 3rd, 2015
Iran’s oil minister warned fellow Opec members that it aims to recapture market share and plans to step up oil output by 1 million barrels per day “within months” of sanctions being lifted, Iran state news organisations reported yesterday. ...
Gas pipeline to go through Greece and Albania to end in Italy
August 3rd, 2015
Technip wins Trans Adriatic Pipeline contract Trans Adriatic Pipeline (TAP) has awarded Technip a project management consultancy (PMC) services contract, for a project designed to transport gas from Shah Deniz field to the European market. The project scope includes ...
Securities watchdog probes automated trading
August 3rd, 2015
China‘s securities watchdog is investigating the impact of automated trading on share markets, as authorities step up a crackdown on what they regard as heavy speculative selling that could destabilize the world’s second-largest economy. China’s main share markets, both ...
China makes FX rules ready for foreigners to trade its commodity futures
August 3rd, 2015
Foreign investors will be allowed to transfer either foreign currency or yuan funds into China to trade in the country’s commodity futures markets, the foreign exchange regulator said on Friday. The imminent opening of its booming commodity futures market ...
