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News & Updates

January 22, 2016 China's vice president says no plan to devalue yuan-Bloomberg

Source: Reuters

"The fluctuations in the currency market are a result of market forces, and the Chinese government has no intention and no policy to devalue its currency," Li Yuanchao told Bloomberg in an interview on the sidelines of the World...

January 21, 2016 Oil prices fall near 2003 lows on oversupply, demand worries

Source: Reuters

Oil fell on Thursday, dipping back towards 12-year lows on persistent concerns about a supply overhang and the outlook for demand

January 21, 2016 US Treasurys tread water ahead of ECB

Source: CNBC

U.S. sovereign bond prices edged higher on Thursday ahead of the European Central Bank's first policy decision of this year, as investors hoped for some reassurance from President Mario Draghi amid severe volatility in global...

January 21, 2016 Looking for signs of stocks' final washout as fear, panic spike

Source: USA Today

First came the Dow's 565-point whoosh to the downside Wednesday. Then came the rebound rally that trimmed the Dow's losses for the day to 249 points and which Wall Street hopes was the final washout -- or so-called investor...

January 21, 2016 This is where the real deals at Davos are done

Source: BBC

Call it the Davos Fringe Festival. Increasingly this "fringe", the privately-organised events, are taking the attention of attendees away from the Congress Centre and the WEF’s carefully curated programme. Invitations to private...

January 21, 2016 China Electricity Demand Slows, Coal Consumption Drops, Hits Australia Hard

CleanTechnica - Earlier this month, Bloomberg New Energy Finance revealed that China's investment in clean energy increased in 2015 by 17%, reaching $110.5 billion, as its government spurred on wind and solar development to meet...

January 21, 2016 What Falling Oil Prices Mean for the Future of Clean Energy

Mother Jones - "Oil is largely transportation fuel, and renewables are largely electricity sources that provide power," Brian Warshay, an analyst at Bloomberg New Energy Finance, told The Huffington Post in August. "They're not...

January 20, 2016 Who will win Davos 2016?

Source: Quartz

Sure, the annual World Economic Forum meeting in Davos is the premier gathering of global power brokers, a place for the great and the good to address the thorniest issues facing society. But it is also an unparalleled display of...

January 20, 2016 US stocks rise (Tues.) in shaky trading, led by utilities

Source: Washington Post

NEW YORK — U.S. stocks struggled through a turbulent day of trading Tuesday and eked out small gains, led by utility and consumer stocks. The price of crude oil continued to fall, and energy and mining stocks tumbled.

January 20, 2016 CEOs Downbeat on Global Growth With Just 27% Seeing Acceleration

Source: Bloomberg

Chief executive officers have turned pessimistic on global economic growth, according to a new survey by PricewaterhouseCoopers LLC. Released on the eve of the World Economic Forum’s annual meeting in Davos, Switzerland, the poll...

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