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economy

ASIA - Tokyo Stock Exchange - image

Asian shares and euro slip as Greece fails to reach debt deal

15/06/2015(0)
Asian shares fell and the euro skidded in Asian trade on Monday, after Greece‘s talks with lenders to avert a default ended with no agreement and Wall Street logged ... Read More
economy

What drives the yield of government bonds?

12/06/2015(0)
Due to the current weak economic circumstances that we are experiencing here in Cyprus (as well as other countries in Europe), we are constantly bombarded with various economic and ... Read More
RBNZ

RBNZ: Official Cash Rate reduced to 3.25 percent

11/06/2015(0)
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank of New Zealand today reduced the Official Cash Rate (OCR) by 25 basis points to 3.25 percent. Growth in ... Read More
JAPAN-ECONOMY-GDP

Japan’s revised Q1 growth blows past expectations

08/06/2015(0)
Japan posted stronger-than-expected growth in the first quarter as a pickup in capital spending drove the world’s number three economy, but some economists warn that the recovery could be ... Read More
ASIA - Tokyo Stock Exchange - image

Asian shares slip, China’s imports disappoint

08/06/2015(0)
An index of Asian shares extended losses on Monday after Chinese imports declined more than expected, while the dollar was higher after upbeat U.S. employment data raised bets that ... Read More
russia-central-bank

Russia Central Bank Wants to Boost Gold, FX Reserves to $500B in Few Years

05/06/2015(0)
The Bank of Russia plans to boost its depleted international reserves to $500 billion to hedge the crisis-struck economy against capital flight and new shocks, the central bank chairwoman ... Read More
varoufakis-tsipras-smile

Greece moves closer to eurozone exit after delaying €300m repayment to IMF

05/06/2015(0)
Athens takes creditor by surprise, saying it will bundle together €1.6bn of debt payments due to International Monetary Fund and settle up on 30 June Greece has moved closer to ... Read More
stock-market-collapses

Investors Start To Panic As A Global Bond Market Crash Begins

04/06/2015(0)
Is the financial collapse that so many are expecting in the second half of 2015 already starting?  Many have believed that we would see bonds crash before the stock ... Read More
merkel-egyptian-president

Egypt signs €8bn power deal with Siemens

04/06/2015(0)
Egypt yesterday signed an €8 billion (Dh33bn) contract with Siemens to increase power generation capacity by 50 per cent, which is expected to provide a boost to the economy. ... Read More
tsipras-juncker

Tsipras, lenders point to progress after talks but differences remain

04/06/2015(0)
After around five hours of talks in Brussels aimed at sealing an agreement with Greece‘s creditors, Prime Minister Alexis Tsipras told reporters early on Thursday that there had been ... Read More
Broker Cyprus TopFX