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Li Hejun has emerged as China’s richest man by virtue of his controlling ownership in Hanergy Thin Film Power Group, the publicly-listed and thinly traded unit of Hanergy Group...
US DOLLAR TECHNICAL ANALYSIS Prices turned lower as expected, with prices digesting losses near monthly lows. A daily close below the 11854-78 area (March 2009 high, 14.6% Fibonacci expansion) exposes the 11679-737 region (February 26 low, 38.2% Fib retracement...
For today R4 - 1.5203 R3 - 1.5155 R2 - 1.5081 R1 - 1.5008...
Lenovo Group announced that they will appoint Gianfranco Lanci, current chief operating officer of Lenovo Group, as new president of the group, effective April 1, 2015. Meanwhile, Lanci will continue his role as chief operating officer...
Singapore's founding father, Lee Kuan Yew, became a lodestar for Singapore, having made the city without deep history or natural resorces an unprecedented success - a huge hub attractive for business, with high level of life and strict order...
Japanese flow data show a steady acceleration in buying of foreign bonds and equities by Japanese investors, which has not overtaken foreign buying of Japanese assets, notes SocGen...
Atlanta Fed President Dennis Lockhart said in an interview to CNBC that he was surprised how much the stronger dollar seemed to be impacting the home economy...
The greenback regained ground against its major counterparts in New York trade Thursday, after a report showed that initial jobless claims pulled back more than expected in the week ended March 21st...
Stock Market Downdraft Is a Buying Opportunity (Barron’s) but see Nasdaq Composite Falls Most Since April as Tech Shares Tumble (Bloomberg) The biggest mistake investors are making right now (Fortune) How Much Cash Is Too Much Cash for Your Portfolio? (US News) Weak Demand? Strong Dollar? U.S...
Although the U.S. economy have slowed in the first quarter, businesses aren’t worrying much: Layoffs remain near a 15-year low...
France has trimmed its budget deficit target for this year and signalled that the economic recovery is speeding up...
As the gold market’s moving to Asia, the precios metal’s relationship with the greenback will never be the same...
The pound climbed to a one-week high against the U.S. dollar on Thursday, supported by upbeat U.K. retail sales data and as demand for the greenback remained under pressure after Wednesday's disappointing U.S. economic reports...
US DOLLAR TECHNICAL ANALYSIS Prices reversed downward as expected, making good on bearish cues telegraphed through negative RSI divergence. Near-term support is in the 11854-78 area (March 2009 high, 14...
What is going on in Yemen and how the oil will be impacted? What is the reaction of the European markets? Below are the things which have been happening today and which market players need to take into consideration...
On Thursday gold prices touched the highest level in almost four weeks, after the news that Saudi Arabia launched military operations in Yemen. The greenback extended its slide...
Chinese B2B e-commerce platform Hc360.com has reached a purchase deal with Zol.com.cn, an information technology vertical portal website in China, worth CNY1.5 billion. The acquisition deal covers several assets, including Zol.com.cn, Zol.com, and Ea3w.com...
The XAU is an index of gold and silver stocks. The XAU bottomed in November 2014 below 62 at a 14 year low, down approximately 73% from its 2011 high at approximately 230. As of Friday March 20 it closed at 69.27...
Saudi Arabia and its Gulf Arab allies began air strikes in Yemen against Houthi fighters besieging the southern city of Aden. Tensions in the Middle East appear positive for oil and safe-haven yen...