Putin Countering Sanctions Drags Pension Funds to Company Bonds
President Vladimir Putin’s government is pushing pension funds to buy more corporate bonds whether they like it or not. And many don’t. In an effort to replace the foreign investment sapped by...
View ArticlePlunge in Chinese shares helps send global markets lower
The worst drop in China's stock market in eight years helped drag down other markets around the world Monday. The tough day follows declines in U.S. markets last week, when the three major indexes fell...
View ArticleDrop in China mkts; weaker dollar; middle east glut drive down gold, oil and...
NEW DELHI: The Federal Reserve decided to meet this week so that they could decide on sending out signals of a rate rise as they believe the US economy is slowly clawing back. Other than that, it is a...
View ArticleFinding credibility in an inconsistent environment
Related articles Crisis, what crisis? Unions a microcosm of denialism Davis tax report points to less invasive raising of VAT Grexit lower on Bank’s list than Fed’s next move Local companies are still...
View ArticleGold down on stronger dollar
CHICAGO, July 28 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as the U.S. dollar showed strength. The most active gold contract for August delivery...
View Article10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, MSFT,...
Here is what you need to know. It's Fed day. According to Reuters, "The Federal Reserve is expected on Wednesday to point to a growing US economy and stronger job market as it sets the stage for a...
View ArticleRussia c.bank stops forex purchases to replenish reserves
MOSCOW, July 29 (Reuters) - Russia's central bank said on Wednesday it had stopped its operations to replenish its international reserves from Tuesday because of a rise in market volatility....
View ArticleGold holds above five-and-a-half-year low as dollar weakens
Related articles Gold price’s decline credit negative for SA mines, says Moody’s Bonds flat ahead of US durable goods data Rand firmer despite dollar gaining on euro LONDON — Gold found respite from...
View ArticleRuble Close to Erasing 2015's Gains as Oil Spurs Inflation Risk
The ruble weakened past 60 against the dollar for the first time since March, tracking the price of oil and raising the likelihood that Russia’s central bank will hold off on cutting interest...
View ArticleWith U.S. dollar scarce, Haitians panicking over economy
For Michella Louis, summertime in Haiti means dining out with friends and shopping for the latest fashion offerings. But as Haiti’s domestic currency, the gourde, loses value against the U.S. dollar,...
View ArticleNew Zealand central bank chief sees signs of increased economic growth
WELLINGTON, July 29 (Xinhua) -- The head of the Reserve Bank of New Zealand (RBNZ) Wednesday signalled further cuts to the interest rates, but dampened speculation that the country was headed into...
View ArticleGlobal stocks rebound shrugging off high volatility, weakness in China
LONDON: Stocks rose on Tuesday, with Europe snapping a five-day losing streak as investors shrugged off further weakness in commodity markets and Chinese shares to focus on more encouraging merger...
View ArticleOn release of Bank of Russia Bulletin (Central Bank of Russia)
(Source: Central Bank of Russia) On release of Bank of Russia Bulletin Bank of Russia Bulletin No. 61 (1657) of 24 July 2015 has been released. The section Credit Institutions publishes the following...
View ArticleChina is in a currency quandary amid rout in stocks
China is in a currency quandary: How to promote the yuan in global trade while at the same time using it to stabilise market volatility? The People's Bank of China is holding the onshore version of the...
View ArticleCentral Bank publishes signed articles in advance of Quarterly Bulletin 3...
(Source: Central Bank of Ireland) 29 July 2015 The Central Bank of Ireland today pre-releases three signed articles from the forthcoming Central Bank Quarterly Bulletin 2015 Q3, entitled: Labour Cost...
View ArticleRMB daily trading band may widen to 3 pct: economists
BEIJING, July 27 (Xinhua) -- Economists predict China will soon expand the daily trading band of renminbi (RMB), or the yuan, to 3 percent after a recent promise for a more flexible exchange rate. The...
View ArticleCoast not clear for rupiah despite trade surplus
The rupiah, which hit a 17-year low on Friday, remains under threat from external factors even as the nation’s current-account deficit — a major worry among investors — shows signs of strong recovery....
View ArticleLatvian banks aggregate H1 profit up 24 pct
RIGA, July 29 (Xinhua) -- In the first half of 2015, Latvian banks raised their aggregate profit by 24.2 percent against the respective period a year ago to...
View ArticleChina Headlines: China boosts foreign trade amid restructuring efforts
BEIJING, July 27 (Xinhua) -- A slew of recent measures to bolster China's foreign trade will lend steam to the slowing economy and help domestic exporters climb up the value ladder, also paving the way...
View ArticleRussia expects to see positive growth in economy next year
MOSCOW, July 27 (Xinhua) -- Russia is expected to see a positive growth of 2.3 percent in its economy next year, said a leading Russian official Monday. The prediction was given by Russian Economic...
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