Friday, 01 August 2014


Recent News
  • Uneasy Summertime in the Euro Zone

    00:56 | 1/8/14
    Wall Street Journal
    It may be summer, but the economic weather in the euro zone is decidedly mixed. Take the latest inflation number. Headline inflation fell to 0.4% in July, a new low in this cycle, and far adrift of the European Central Bank's target of just below 2 ... more»
  • Canadian Dollar Reaches Seven-Week Low on Growth Concern

    00:50 | 1/8/14
    Canada's dollar touched the weakest level in almost two months as data showing the economy expanded in May failed to damp concern growth is lagging behind that of the U.S. more»
  • USD/JPY – Yen Slides on Sharp US GDP

    00:11 | 1/8/14
    MarketPulse (blog)
    The Japanese yen continues to sag, as USD/JPY is trading in the high-102 range. The yen lost close to a cent on Wednesday, as US GDP jumped 4.0%. more»
  • South Africa trade deficit narrows sharply to 190 mln rand in June

    00:11 | 1/8/14
    Reuters Africa
    JOHANNESBURG (Reuters) - South Africa's trade deficit narrowed more than expected to 190 million rand ($18 million) in June from a revised 7.44 billion rand shortfall in May, data from the South African Revenue Service showed on Thursday. Economists ... more»
  • Dubai Stocks Erase June Nightmare With Best Month Since 2007

    23:48 | 31/7/14
    “After aggressive dips you see aggressive rebounds,” Ahmed Shehada, head of advisory and institutions at NBAD Securities LLC, the United Arab Emirates' fourth-biggest brokerage by trading volume, said by telephone. “When the index dipped below 4,000 ... more»
  • Lessons From Poland's Past

    23:26 | 31/7/14
    New York Times
    13, Mr. Pinior, at Mr. Frasyniuk's command, withdrew 80 million zloty (worth about $1 million at the time) from Solidarity's bank accounts before the Communist authorities could seize the funds, carrying the cash out in several suitcases. more»
  • Czechs Keep Koruna Lid as Policy Makers Mull Exit Date

    23:15 | 31/7/14
    ... against the euro since the November interventions, the fourth-biggest loss among 24 emerging-market currencies tracked by Bloomberg. more»
  • Anti-Russian sanctions futile, boomerang possible — Danish business World ...

    23:03 | 31/7/14
    Denmark can also lose 3 billion krone ($545.5 million), the worth of oil equipment the country supplies to Russia, Berlingske daily said. more»
  • Weir profits hit by strong pound

    23:03 | 31/7/14
    “If you look at the basket of currencies we deal in - the US dollar, the Canadian collar, the Australian dollar, the South African rand, and the Chilean peso, they have all weakened against sterling since last year,” Jon Stanton, Weir's finance ... more»
  • Challenges face mobile money in Africa despite growth

    22:18 | 31/7/14
    ITWeb Africa
    Fewer than 20% of adults in the West African nation have a bank account and 26-year-old Diagne says the charges for using his are too high anyway, so he keeps at least 40,000 CFA francs (48.5 pound) in his mobile money account for transactions. more»
  • HK's total deposits up 0.9 pct in June

    22:18 | 31/7/14
    Shanghai Daily (subscription)
    Overall foreign-currency deposits edged up by 0.1 percent in June, while renminbi deposits in Hong Kong declined by 3.1 percent to 925.9 billion yuan (about 149.83 billion U.S. more»
  • CTC Media Announces Financial Results for the Second Quarter and Six Months ...

    22:06 | 31/7/14
    Wall Street Journal
    Advertising revenues in US dollar terms were down 34% year-on-year in the second quarter and 20% in Kazakh tenge, and were down 25% year-on-year in US dollar terms and 12% in Kazakh tenge terms in the first half of 2014, principally due to overall ... more»