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Market

china-markets

Australia, Japan sell-off amid global rout; Nikkei drops 5.4%

09/02/2016(0)
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. ... Read More
gold-rupee

Gold hits new 3-month high on global economy concerns

08/02/2016(0)
Gold hit three-month highs on Monday, extending its biggest weekly rise since July 2013 as sliding stock markets, global growth uncertainty and a softer dollar prompted investors to seek ... Read More
saudi-arabia

Saudi economy is resilient, says World Bank expert

08/02/2016(0)
Saudi Arabia has five years’ worth of reserves at current spending levels and oil prices, Shantayanan Devarajan, chief economist of the World Bank’s Middle East and North Africa Region ... Read More
bundesbank-feb

Frankfurt becomes Bundesbank’s largest gold storage location

08/02/2016(0)
The Bundesbank successfully continued its transfers of gold last year. In 2015, 210 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: around 110 tonnes from Paris ... Read More
ftse100

FTSE hits three-year low, business confidence slumps

08/02/2016(0)
FTSE 100 sheds more than 100 points, with technology and financial shares worst hit, as global growth fears reignite. The FTSE 100 has tumbled to a fresh three-year low, ... Read More
Robo Advisors

The rich already use robo-advisers, and that scares banks

08/02/2016(0)
Morgan Stanley, Wells Fargo, BofA planning automated services Banks are watching wealthy clients flirt with robo-advisers, and that’s one reason the lenders are racing to release their own versions ... Read More
european-union

It is time for a euro zone finance ministry?

08/02/2016(0)
The euro zone needs to press ahead with structural reforms and closer integration, including an euro zone finance ministry, to deliver sustainable growth, the heads of the French and ... Read More
Vladimir Putin - Russia

Russia Courts Foreign Banks as Funding Crunch Overtakes Politics

08/02/2016(0)
Goldman, Citigroup among 20 foreign underwriters approached Allianz says Russia needs to tap Eurobond market this year Pressure is mounting on Russia to break the vow of abstinence on ... Read More
Job-fair--job-fair-line-jpg

US economy adds 151,000 jobs in January

08/02/2016(0)
The US economy added 151,000 jobs in January, helping to push the country’s unemployment rate down to 4.9%. The number was lower than expected and is a sharp slowdown ... Read More
factory petro-hemicals

Oil Trades Near $31 After Saudi-Venezuela Talks as Bets Increase

08/02/2016(0)
Al-Naimi speaks with counterpart about other producer meetings Vitol CEO says crude to stay between $40 and $60 for 10 years Oil traded near $31 a barrel after Saudi ... Read More
Broker Cyprus TopFX