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economy

ASIAN STOCKS

Asian stocks steeply lower after China suspends trade early

07/01/2016(0)
China’s stocks were suspended from all trade on Thursday after the CSI300 tumbled more than 7 percent in early trade, triggering the market’s circuit breaker for a second time this ... Read More
deutsche-boerse

Germany’s DAX Beats World With More Gains Expected

30/12/2015(0)
German stocks outperformed European and global peers in 2015. Investors are betting on more gains next year. The DAX Index climbed to 27 fresh peaks this year before tumbling ... Read More
china

China central bank says to keep reasonable credit growth, yuan stable

28/12/2015(0)
China’s central bank said on Monday that it would “flexibly” use various policy tools to maintain appropriate liquidity and reasonable growth in credit and social financing. The People’s Bank ... Read More
shipping_web--2-thumb-large

Cyprus Can Boost Shipping’s Role in Economy, Wilbur Ross Says

28/12/2015(0)
Government’s targets are achievable, billionaire investor says Cyprus to be more aggressive in seeking shipping business Cyprus’s target to increase the contribution that shipping makes to its economy by ... Read More
bitcoin-cryptocurrency

Analysis – Record highs predicted for bitcoin in 2016 as new supply halves

23/12/2015(0)
2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less ... Read More
china-zimbabwe

Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts

23/12/2015(0)
Yuan becomes the latest currency to be approved for public transactions in Zimbabwe, as the southern African nation seeks to increase trade with Beijing. Zimbabwe has announced that it ... Read More
Council of the European Union - logo

EU finances the Single Resolution Fund

09/12/2015(0)
ECOFIN Ministers reaffirm the importance of deepening the Banking Union in the context of a well-functioning Economic and Monetary Union. Following the successful establishment of the Single Supervisory Mechanism ... Read More
turkish-lira

Investors Keep Pulling Cash Out of Turkey

08/12/2015(0)
Foreign investors withdrew $7.6 billion from stocks, bonds Capital Economics sees lira, bonds extending declines Foreign investors look set to keep pulling their money out of Turkey after dumping a ... Read More
egypt-flag

Egypt expects $1.5 billion in aid by year-end; President in Greece for energy

08/12/2015(0)
Egypt expects to receive $1.5 billion from the World Bank and African Development Bank by year-end to support the budget and could discuss potential IMF financing once parliament convenes, ... Read More
uae-flags

UAE private sector business activity rebounds from 30-month low

08/12/2015(0)
The economies of Saudi Arabia and the UAE showed a mild improvement in November, according to a monthly survey of businesses. But economists believe that the impact of low ... Read More
Broker Cyprus TopFX