Search Results for: oil
EU unveils plans for historic single energy market
February 26th, 2015
The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission, the executive ...
Citigroup unit probed by more authorities over money laundering
February 26th, 2015
Citigroup Inc (C.N) said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit. (Read more: International and regional bodies that combat money laundering ) The Financial Crimes Enforcement Network, a unit of ...
Asian stocks higher on earnings, China factory
February 26th, 2015
Asian stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about increasing interest rates. Keeping score: Japan’s Nikkei 225 rose 0.6 ...
ICM Capital Announces Recognition for ‘Best Rebate Provider 2015′
February 25th, 2015
ICM Capital one of the fastest growing global providers of Forex and Contract for Difference (CFD) trading has been named the ‘Best Rebate Provider 2015′. This award, which was announced during the FIMENA Expo 2015 in Dubai, UAE, recognises ...
Annual inflation down to -0.6% in the euro area
February 25th, 2015
Down to -0.5% in the EU Euro area annual inflation was -0.6% in January 20152 , down from -0.2% in December. This was the lowest rate recorded since July 2009. In January 2014 the rate was 0.8%. European Union ...
Asian shares rise after Yellen stresses policy flexibility
February 25th, 2015
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. Shares extended gains after an index of Chinese factory activity eked ...
Yellen Signals Fed’s Patience With Zero Interest Rate Has Limits
February 25th, 2015
Federal Reserve Chair Janet Yellen signaled that the central bank’s patience with holding interest rates near zero has its limits as she began laying the groundwork for a possible increase in borrowing costs later this year. While she made ...
Are Conditions Setting The Market Up For A Summer Washout?
February 24th, 2015
Here is what we can quite confidently depend on. The stock market makes most of its gains each year in a favorable period of November to May, and if there is a serious correction it usually takes place between ...
Asia Stocks Climb With Dollar Before Yellen, Greek Talks
February 24th, 2015
Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil extended declines below ...
Internal and External Risks to the Cyprus Economy
February 20th, 2015
Despite the tragic events of March 2013, Cyprus economy has showed resilience and the country was able to return back to stability and regain some of the lost confidence from international markets and investors rather quickly, which is necessary ...
