U.S. stocks surged Thursday, with major stock indices rising over 2 percent, as investors continued to embrace Federal Reserve’s pledge to be patient in hiking interest rates.
Dec 192014
Dec 182014
U.S. stocks surged after a choppy session Wednesday, as investors tried to digest the Federal Reserve’s decisions at the conclusion of its two-day policy meeting.
Dec 182014
China’s property sector continued to cool in November, but the declines have been narrowing on the support of government policy adjustments, official data showed on Thursday.
Dec 182014
The U.S. Federal Reserve said Wednesday that it can be patient in beginning to normalize the stance of monetary policy.
Dec 122014
World economic growth will probably pick up slightly in 2015, but the recovery will remain weak, according to the Central Economic Work Conference concluded on Thursday.
Dec 122014
Dubai saw on Thursday the listing of the very first Islamic bond or sukuk in its stock market by China’s Hong Kong Special administrative region.
Dec 122014
The 17th round of China-U.S. investment treaty negotiations kicked off in Beijing on Friday, the China Commerce Ministry said.
Dec 122014
Royal Bank of Scotland Group is said to pull out of its fixed-income trading in Japan and cut down staff numbers by more than 200 to around 30, with most of the jobs going by next February, said Bloomberg Wednesday by citing persons “familiar with the plan”.
Dec 112014
The British Chambers of Commerce (BCC) Wednesday revised down its forecasts on Britain’s GDP growth, and warned that the country’s economic growth faces “a number of hurdles”.
Dec 102014
The current Chinese economic slowdown is only natural and, given the existence of strong growth factors, not worrying, said European analysts.