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News & Updates

July 13, 2015 China stocks recover for third day, regulator curbs margin lending

Source: Reuters

China stocks, led by small caps, extended their recovery for a third day on Monday, raising hopes that measures taken by Beijing to prevent a full-blown market crash have worked.

July 13, 2015 U.S. Gasoline Cheapest Since Mid-May After Rout at Pumps

Source: Bloomberg

Drivers paid an average $2.8328 a gallon for regular gasoline at U.S. pumps over the past two weeks, the lowest since May 15, according to Lundberg Survey Inc.

July 13, 2015 OPEC sees more balanced oil market in 2016

Source: Reuters

The global oil market should be more balanced next year as China and the developing world increase oil consumption while supply of shale oil from North America and other regions grows more slowly, OPEC said on Monday.

July 13, 2015 European Leaders Reach Agreement to Resolve Greek Debt Crisis

Share Tweet Save more Continue reading the main story Advertisement Continue reading the main story BRUSSELS — European leaders said Monday morning that they had reached a deal...

July 10, 2015 European stocks rally on renewed Greek deal hopes

Market Watch - The îStoxxî Europe 600 SXXP, +1.75% leapt 1.7% to 387.59, as all sectors posted gains. The move builds on a rise of 2.2% on Thursday, and the index is on track for a weekly rise of 1.1%. Greece late...

July 10, 2015 European officials pore over Greece’s last-ditch request for a bailout

Source: Washington Post

ATHENS — European officials were combing through Greece’s last-ditch request for a bailout Friday as they raced to determine over the next 48 hours whether to throw the debt-laden country a financial lifeline before its economy...

July 10, 2015 The really worrying financial crisis is happening in China, not Greece

Source: The Telegraph

While all Western eyes remain firmly focused on Greece, a potentially much more significant financial crisis is developing on the other side of world. In some quarters, it’s already being called China’s 1929 – the year of the...

July 9, 2015 Greece debt crisis: Deadline day for new proposals

Source: BBC News

Greece has until the end of Thursday to present new proposals to secure a third bailout from creditors and prevent a possible exit from the eurozone.

July 9, 2015 Fed Still Looking at Raising Rates This Year, Minutes Show

Source: NY Times

WASHINGTON — Federal Reserve officials spent their most recent policy meeting, in June, preparing to raise interest rates later this year. Officials liked the look of recent economic data, including early signs that wages were...

July 9, 2015 The Problem With Socially Responsible Investing

Source: Motley Fool

Throughout history most societies have become more peaceful and compassionate, more cooperative and tolerant. War, violent crime, discrimination, and tyranny have all plunged over time. It's "the most important thing that has...

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