Showing posts with label oil prices. Show all posts
Showing posts with label oil prices. Show all posts

Tuesday, July 14, 2015

FOREX-Dollar rallies as Greek deal renews focus on Fed rate hike

NEW YORK, July 13 (Reuters) - The dollar rallied against the euro, yen, and Swiss franc on Monday after a debt deal between Greece and its international lenders renewed focus on the possibility that the U.S. Federal Reserve might hike interest rates in September.

Wednesday, April 22, 2015

Bank of Canada's January rate cut seems enough -Poloz

NEW YORK, April 20 (Reuters) - The Bank of Canada's January interest-rate cut appears to have helped the economy get back on track, bank Governor Stephen Poloz said on Monday, repeating his view that the cut provided enough "insurance" against the impact of dropping oil prices.

Wednesday, April 15, 2015

Friday, April 10, 2015

Sovereign wealth funds: What does it take to succeed?

Norway's sovereign wealth fund, the country's collective bank account now valued at $1 trillion and built from off-shore oil reserves, is often held up as a prime example of how such funds can succeed.

Tuesday, April 7, 2015

U.S. Stock Futures Drop on Jobs Data as Ringgit, Oil Rise

U.S. stock-index futures retreated after data Friday that showed the weakest American hiring in more than a year. Emerging-market currencies rallied with gold, while oil traded above $50 a barrel in New York.

Saturday, November 29, 2014

Low oil prices are a free-market victory

Seldom has so much good news been portrayed so negatively. Oil prices continue to fall in the U.S. and around the world, but near everyone in the media is grumpy about it.

Tuesday, October 21, 2014

Hedge Funds Cut Bullish Bets on Crude as Prices Tumble

Plunging oil prices spurred hedge funds to cut bullish wagers by the most in six weeks, losing confidence in the willingness of producers to constrict supply. Money managers cut net-long positions in West Texas Intermediate by 8.1 percent in the week ended Oct. 14.

Wednesday, May 7, 2014

Asia shares ride Wall Street gains, Europe seen up too

(Reuters) - Asian share markets shuffled higher on Tuesday after promising U.S. economic news helped Wall Street to a firmer finish, though activity was again light with Tokyo still on holiday.

Wednesday, September 18, 2013

Brazil's Batista Says He'll Rise Again

RIO DE JANEIRO—Brazilian entrepreneur Eike Batista, on the wrong end of one of the biggest wealth collapses in history, is lashing out at people he blames for his undoing.

Monday, May 20, 2013

Barclays Names Hammoud as Head of Wealth Management in Abu Dhabi

Barclays Plc (BARC) named Haidar Hammoud head of wealth and investment management in Abu Dhabi as Britain’s second-biggest lender seeks to tap high net-worth individuals in the emirate, holder of about 6 percent of the world’s oil.

Thursday, April 4, 2013

Thursday, January 17, 2013

China's Sovereign Wealth Fund in Big Turnaround

China Investment Corporation (CIC), the world's biggest sovereign wealth investor said 2012 was a much better year for the $482-billion fund, with returns of over 10 percent.

Sunday, December 23, 2012

Nigeria delays $1 bln wealth fund launch to March 2013

ABUJA (Reuters) - Nigeria will begin investing the initial $1 billion allocated to a new sovereign wealth fund by March, a finance ministry statement showed on Thursday, pushing back the launch previously proposed for this year.

Wednesday, October 31, 2012

Credit Suisse Said to Start Venture With Qatar

Credit Suisse Group AG (CSGN) and a unit of Qatar Investment Authority, the Persian Gulf emirate’s sovereign-wealth fund, plan to start an asset-management joint venture, three people with knowledge of the matter said.

Friday, September 21, 2012

Nigerian governors to block oil wealth fund in court

ABUJA (Reuters) - Nigeria's state governors vowed on Thursday to go to court to stop the government putting oil revenues into a sovereign wealth fund.

Monday, July 30, 2012

Credit Suisse scales back Mideast private banking research: Sources

DUBAI: Credit Suisse has moved the head of its Middle East private banking equity research division to Geneva, two sources told Reuters on Sunday, the latest European bank to scale back research roles in the region.

Wednesday, May 30, 2012

Greek Euro Exit Aftershocks Risk Reaching China

Greece, responsible for 0.4 percent of the world economy, now poses a threat to international prosperity as investors raise bets its days using the euro are numbered.

Wednesday, March 7, 2012

Asia Central Banks Poised to Pause Rates

Asia-Pacific central banks will probably hold off on adding monetary stimulus this week as higher oil prices combine with diminishing concern of a euro- region meltdown to make the case for preserving firepower.

Monday, February 20, 2012

Conrad Says an Economic Crisis May Be Only Way to Prod Lawmakers on Debt

An economic catastrophe like the debt crisis in Europe or a Middle East conflict may be the only way to get congressional action this year on a broad reduction of the U.S. deficit, Senate Budget Committee Chairman Kent Conrad said.

Wednesday, February 1, 2012

U.S. Stocks Decline

NEW YORK—U.S. stocks fell after a weak reading on U.S. consumer confidence trumped early enthusiasm for a European Union pact to tighten fiscal ties.