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us-stocks

Global stocks, dollar climb as Fed lifts off

17/12/2015(0)
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, lifting ... Read More
saudi-arabia

Saudi Arabia Spends Billions to Get Asia Hooked on Its Crude Oil

17/12/2015(0)
At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds ... Read More
gold-l-reuters

PRECIOUS-Gold stays firm after Fed raises rates

17/12/2015(0)
Gold held gains on Wednesday, after the Federal Reserve raised U.S. interest rates for the first time in nearly a decade, as expected, making clear it was a tentative ... Read More
imf_market_business

World GDP is Falling–If Measured at Market Exchange Rates

16/12/2015(0)
IMF statistics show that world GDP fell 4.9% from 2014 to 2015 which is almost as severe a drop as occurred from 2008-2009. Check out the bottom rows of ... Read More
PBC China Central Bank 1

China central bank sees economic growth slowing to 6.8 percent in 2016

16/12/2015(0)
China’s annual economic growth is likely to slow to 6.8 percent next year from an expected 6.9 percent this year, the People’s Bank of China said in a working ... Read More
fed

Here’s how the Fed actually raises interest rates

16/12/2015(0)
For the Fed, voting to hike interest rates is the easy part. The tough work begins as U.S. central bank officials implement the right maneuvers to ensure rates go ... Read More
OPEC logo

OPEC to hold emergency meeting if oil prices fail to recover

16/12/2015(0)
The Organization of Petroleum Exporting Countries (OPEC) will hold urgent talks, if crude prices don’t recover by February, according to OPEC president and Nigeria’s oil minister Emmanuel Kachikwu. “It ... Read More
Asian Stocks

Shares climb, dollar dips as Fed prepares to lift rates

16/12/2015(0)
Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in U.S. interest rates in almost ... Read More
european-union

With change of tone, EU warms to Turkey, Serbia membership bids

15/12/2015(0)
The European Union revived Turkey’s membership bid on Monday and opened accession talks with Serbia, showing how a migration crisis and Russia’s presence in the Balkans has prompted the ... Read More
uk-shopping-rate

UK inflation rate rises to 0.1% in November

15/12/2015(0)
The UK’s inflation rate as measured by the Consumer Prices Index rose to 0.1% in November for the first time in four months, official figures show. The rate as ... Read More
Broker Cyprus TopFX