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European banks

European Banks to Sell a Record $154 Billion of Loans, PwC Says

20/08/2015(0)
European banks are set to divest a record 139 billion euros ($154 billion) of loans this year, led by the U.K., as the industry accelerates asset sales to meet ... Read More
China-sanghai-stocks

China stocks fall more than 1 percent in early trade

20/08/2015(0)
China’s major stock indexes fell more than 1 percent in early trade on Thursday, shrugging off government intervention in the previous session. The CSI300 index was down 1.3 percent ... Read More
citigroup-inc

Citi Announces Sale of Alternative Investor Services Business

19/08/2015(0)
Citigroup announced that it has reached a definitive agreement to sell its Alternative Investor Services business, which comprises Hedge Fund Services and Private Equity Fund Services, to SS&C Technologies Holdings, ... Read More
Asian-Market

Asian shares plunge to two-year lows as China stocks continue to fall

19/08/2015(0)
Shanghai shares index drops 3.9%, denting hopes of Chinese stock markets stabilising following last week’s devaluation of yuan Asian shares on Wednesday struggled at two-year lows after Chinese stocks ... Read More
arab markets

Saudi Arabian stocks tumbled entering a so-called death cross

18/08/2015(0)
Saudi Stocks Sink Into Death Cross as IMF Sees Growth Slowing Saudi Arabian stocks tumbled, entering a so-called death cross, after the International Monetary Fund said the drop in ... Read More
gold-2

Gold price rises to $1,117.80 an ounce

18/08/2015(0)
Analysts attribute increase to Chinese yuan devaluation The global prices of gold moved higher on Monday, causing retail prices in the UAE to edge slightly higher by less than ... Read More
china-stocks-board

Asian Shares Flat; Yuan-Related Turmoil Fades

18/08/2015(0)
China property data continues to be rare bright spot Asian markets were roughly flat Tuesday as turmoil from a weaker yuan dissipated and China’s property market showed signs of ... Read More
greek bonds

Greek Senior Bank Bonds Fall on Dijsselbloem Bail-In Comment

17/08/2015(0)
Senior bonds of Greek banks tumbled after Euro-area finance ministers protected depositors from any losses in the nation’s 86 billion-euro ($96 billion) bailout. Eurogroup President and Dutch Finance Minister ... Read More
gold-stones

HSBC predicts Gold prices will end the year as much as 10 percent higher than current levels

17/08/2015(0)
Cheer up, gold bugs: HSBC predicts a year-end recovery The precipitous downturn in gold has taken the market to levels not seen since March 2009 but low prices may ... Read More
dollar-1

Dollar Gains as Yuan Fallout Continues for Emerging Assets

17/08/2015(0)
The dollar strengthened as China’s shift to a more market-oriented exchange rate continued to reverberate through emerging economies, driving stocks and the ringgit lower. Oil fell, leading a gauge ... Read More
Broker Cyprus TopFX