World Asian stocks pare earlier gains, yen soars as risk aversion grows Noha Gad May 3, 2016 0 Asian stocks erased earlier gains and the Japanese yen rallied to a fresh eighteen-month high on Tuesday as…
forex news IEA chief says oil price decline depends on global growth Ghada Ismail May 1, 2016 0 International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing…
International News 175 states sign landmark Paris deal on climate change aya salah Apr 23, 2016 0 The historic agreement on climate change marked a major milestone on Friday with a record 175 countries signing on…
forex news Oil up, marking third week of gains as market sentiment improves Noha Gad Apr 23, 2016 0 Oil prices rose on Friday and notched their third straight week of gains as market sentiment turned more upbeat…
World Asian shares near five-and-a-half-month highs on oil rally Noha Gad Apr 21, 2016 0 Asian shares reached a 5-1/2-month high on Thursday as oil prices rallied over 4 percent overnight thanks to a…
Banks Bank of Canada’s Poloz more optimistic about global economy Noha Gad Apr 16, 2016 0 Bank of Canada Governor Stephen Poloz said on Friday he was more encouraged about the state of the global economy…
World Germany leads European shares lower after industrial orders Noha Gad Apr 5, 2016 0 European shares fell on Tuesday, led lower by German stocks after industrial orders unexpectedly dropped in…
Banks BOJ tankan likely show biz mood worsens due to strong yen, global economy Noha Gad Mar 26, 2016 0 Japanese manufacturers' confidence probably deteriorated to the lowest in nearly three years and it is expected to…
Banks Fed seen holding rates steady as it faces fine balancing act Noha Gad Mar 16, 2016 0 The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it balances continued concerns…
Industry & Trade Venezuela uses distressed bonds to settle debts with drugmakers Noha Gad Mar 7, 2016 0 Venezuela has settled debts with at least three global drug companies by giving them bonds that trade at a heavy…