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Archive for the January 14, 2016

    • News Desk
    • Jan 14th, 2016
    • Comments Off on Bankers face 2017 trial over Euribor alleged rate fix

    The first bankers charged over alleged manipulation of the Euribor interest rate will face trial in London in September next year, a court ruled on Wednesday. London's Southwark Crown Court said that the trial of

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Germany overshoots budget surplus target in 2015

    Germany clocked up a bigger-than-expected budget surplus of 12.1 billion euros ($13 billion) in 2015, which it plans to use to cover the costs of taking in so many refugees, the finance ministry said Wednesday.

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Egypt’s index hits 25-month low as foreign traders exit; other markets weak

    Egypt's index made its largest decline in two months to slump to a 25-month low on Wednesday as foreign funds sold stocks, while most Middle East bourses also fell after giving back early-session gains. Cairo's

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  • Sri Lankan share index recovered on Wednesday after hitting over 18-month lows in the previous session, as investors picked up battered banking and telecommunications shares, brokers said. The bourse had lost 5.22 percent so far

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Indian stocks snap two-day losing streak

    Indian stocks snapped a two-day losing streak to end nearly 1 percent higher in a highly volatile day where stocks recovered from over 1-1/2-year lows led by strong buying in heavyweight Reliance Industries. The broader

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Wednesday’s midday trade: rally fades as crude retreats, Amazon weighs

    Wall Street's early gains evaporated on Wednesday morning, led by a drop in Amazon and other consumer discretionary stocks, while crude oil prices struggled to end their losing streak. Amazon fell 2.3 percent to $603.77

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    • News Desk
    • Jan 14th, 2016
    • Comments Off on Energy, biotech help lift Wall Street to second day of gains

    A late rebound in energy and biotech shares helped push the S&P 500 to a second straight day of gains on Tuesday, while Apple and other technology shares also boosted the market. The Nasdaq snapped

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  • Hong Kong stocks ended more than 1 percent higher on Wednesday as the yuan stabilised, but the main indexes pared some gains after China stocks fell sharply in late afternoon trade. The Hang Seng index

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  • US Treasury prices rose on Tuesday in choppy trading as oil prices resumed their decline and ahead of a Treasury sale of $24 billion of three-year notes, increasing appetite for safe-haven US government debt. Oil

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  • US Treasury prices rose on Tuesday in choppy trading as oil prices resumed their decline and ahead of a Treasury sale of $24 billion of three-year notes, increasing appetite for safe-haven US government debt. Oil

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