The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...
Palladium climbed to a 13-year high in the longest run of gains in more than a month in New York on concern supply will lag demand and add to shortages. Gold fell. Palladium, mostly used in catalytic converters in cars alongside platinum, ...
Tags: Palladium, Gold, Electrical
Despite a recent recovery in London Metal Exchange copper prices, market analysts were still bearish this week on the metal's price for the rest of this year, based on factors such as a surge in supply and a weak Chinese construction ...
Tags: copper, copper prices
Saudi Arabia has been experiencing a significant growth across almost every sector of its ICT industry with rapid adoption of new technologies, especially in the value added services, online gaming, and e-commerce. The Kingdom has become ...
Tags: e-commerce, Computer, Consumer Electronics
China's economy is finally rebounding from its deepest slump since the 2008 global crisis but the shaky recovery could be vulnerable to a new downturn in global trade. Growth rose to 7.9 percent in the three months ending in December, up ...
The Societe Generale bank said in a report, the per capita GDP in the Euro area would be flat from 2007 to 2007, which means that it will be the Europe's "lost decade". The main reason of European economic growth weakly lies in the fact ...
The official manufacturing Purchasing Managers' Index is in for August and the numbers are rosy. Sell-siders are happy. China bulls just got one more boost from a lengthening list of comfortable economic figures. “It's a real ...
Tags: Healthy PMI, Medium Firms
The Novatek-led Yamal LNG consortium's marketing of LNG from the project and final investment decision are not dependent on whether the Russian government would allow companies other than Gazprom to export gas from the country, ...
Europe's gas demand in the first quarter of 2013 rose 2.2% from the previous year, according to Societe Generale estimates. An unusually cold March saw gas demand soar by 26.3% from 2012, pushing up the first quarter as a whole, the SG ...
Tags: Gas Demand, Gas
The Australian dollar was lower yesterday after worldwide confidence was dented by news on Friday of weaker than expected employment growth in the US last month. At 5pm, the dollar was buying $US1.0379, down US0.36c. The US jobs report ...
Tags: Aussie Dollar, Dollar
The Australian dollar was lower today after world-wide confidence was dented by news on Friday of weaker-than-expected employment growth in the US in March. The Australian dollar was trading at $US1.0373 in late afternoon trading compared ...
Tags: Australian dollar, dollar
Investors and the media need to be more prudent when acting on reports or press releases that could represent hoaxes in an increasingly digital world, according to the corporate and markets regulator, the Australian Securities & Investments ...
The chairman of the Australian Securities & Investments Commission has broken ranks with Treasurer Wayne Swan on reform of the bond market, saying that any move to establish a retail corporate bond market must wait until there is a deep and ...
Tags: Australian Securities&Investments Commission, bond market