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economy

bank-of-israel

Bank of Israel to cut VAT, corporate taxes to buoy economy

04/09/2015(0)
Israel will cut corporate and value-added taxes to help boost economic growth after it collected more tax than expected in recent months, Prime Minister Benjamin Netanyahu said on Thursday. ... Read More
Asian Stocks

Nerves ahead of US jobs bring down Asian stocks

04/09/2015(0)
Asian stocks declined on the final trading day of the week, as investors awaited the U.S. nonfarm payrolls report for August that may play a crucial role in the ... Read More
chinese-flag

China’s market-oriented reforms help promote global growth: Chinese official

01/09/2015(0)
China’s recent market-oriented economic reforms, including devaluing its currency and cutting interest rates, help to keep the domestic economy growing and by extension, the global economy, a top Chinese ... Read More
osb article Russia dec18

Russian GDP Down 3.6 Percent in First Seven Months

01/09/2015(0)
Russian gross domestic product dropped by 3.6 percent in the first seven months of the year, compared to the same period last year, Russia’s Economic Development Ministry said in a report issued Friday. Drops ... Read More
yuan_market

China c.bank to clamp down on forwards trading to curb yuan depreciation

01/09/2015(0)
Banks must hold 20 pct reserve vs nominal FX forwards value Reserves to be denominated in U.S. dollars, no interest paid Move seen as increasing risk control, discouraging speculation ... Read More
china-stocks-board

China state media announces confessions in probes into stocks plunge

31/08/2015(0)
Chinese state media announced a slew of confessions on Monday following investigations into recent stock market gyrations, including from a detained reporter who admitted to spreading false information that ... Read More
shanghai-stock-exchange-(SSE)

Shanghai Composite widens losses as US futures tank

31/08/2015(0)
Mainland equities lost as much as 3.7 percent on Monday while Dow futures tanked more than 200 points on reports that Beijing may finally halt its controversial market intervention. A report ... Read More
British-economy

Sterling drops to 1-1/2 month low vs rallying dollar after U.S. data

28/08/2015(0)
Sterling fell to a 1-1/2-month low against the dollar on Thursday after data showing the United States grew robustly in the second quarter, boosting a view that U.S. interest ... Read More
ussia's President Vladimir Putin, and China's President Xi Jinping

China’s Economic Woes Jeopardize Putin’s Pipeline, Energy Trade Between Russia, China

28/08/2015(0)
For the past decade, Russian President Vladimir Putin has been putting plans in place to free Russia from energy dependency on European markets with a series of projects that ... Read More
business

Japan reports inflation, household spending soften in July

28/08/2015(0)
The backdrop to the wild drama in financial markets over the past few weeks is a less dramatic but more daunting reality: the deep-seated challenges for sustaining long-term growth, ... Read More
Broker Cyprus TopFX