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News & Updates

February 23, 2016 Foreign central banks dump cash at U.S. Federal Reserve

Source: Reuters

China, Japan and other overseas central banks are leaving more of their dollars with the U.S. Federal Reserve as they have liquidated their U.S. Treasuries holdings to raise cash in an effort to stabilize their currencies,...

February 19, 2016 China’s Stocks Complete Biggest Weekly Advance in Two Months

Source: Bloomberg

China’s stocks capped their steepest weekly gain in two months after the government signaled increased support for the economy through higher spending and new measures to boost bank lending.

February 17, 2016 Goldman Says Producers Freezing Oil Output Won't Help Prices - text/video

Source: Bloomberg Business

The first coordinated decision on oil output between OPEC and producers outside the group in fifteen years isn’t going to revive crude prices, according to Goldman Sachs Group Inc.

February 16, 2016 Robots will steal your job: How AI could increase unemployment and inequality

The Business Insider - At a conference on financial technology I attended last week pretty much every startup presenting included AI in some form or another and the World Economic Forum made "The Fourth Industrial Revolution" the...

February 16, 2016 British Government Bans Boycott of Companies Involved With Israel

The Spectrum - The new bill, already described as a "controversial crackdown", seeks to prevent any public body from imposing a boycott on a World Trade Organization member, which Israel has been since 1995. The spokesman added:...

February 12, 2016 Can China Cope With the Stampede From Its Currency'

News Week - This article first appeared on the Council on Foreign Relations site. Last summer, U.S. lawmakers were condemning China for pushing down its currency, arguing that it was still â??terribly undervalued.â??...

February 9, 2016 India to soon ratify WTO trade pact

Rediff India Abroad - India has completed most of the consultation process related with the World Trade Organization's trade facilitation agreement and the government is expected to ratify it at the earliest. Trade Facilitation...

February 4, 2016 Six Oil Producers Agree on Emergency Meeting, Iran's Shana Says

Source: Bloomberg

Six OPEC member states and two non members would be open to attending an extraordinary meeting if one is called, Venezuela’s oil ministry said after oil minister Eulogio Del Pino held talks in Iran on Wednesday.

February 3, 2016 EU proposals on Britain pave way for deal - Dutch foreign minister

Source: Reuters

A proposal to help persuade Britain to remain in the European Union is likely to be agreed by EU leaders, the Netherlands, which holds the EU rotating presidency, said on Wednesday.

January 22, 2016 World stocks, oil soar as Draghi the dove tames global bears

Source: Reuters

Stocks and oil, at the forefront of a global market rout since the turn of the year, rebounded strongly on Friday thanks to hints of more monetary policy support by the European Central Bank and bargain-hunting from bruised...

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