BEIJING (Alliance News) – China’s central bank said it is set to tighten the supervision on cash transactions and overseas transfers from the middle of 2017. Financial institutions should report all domestic… Read More
Yearly Archives: 2016
GOLD CONTINUES POST-CHRISTMAS RALLY
LONDON (Alliance News) – Stocks are called for a flat open on Friday, in a half-day session in London that is the last of 2016, retaining gains made on Thursday when the… Read More
UK SAVERS TURN TO PERSONAL DEPOSITS IN LOW-RETURNS ENVIRONMENT
LONDON (Alliance News) – British consumers have increased their personal bank deposits in the absence of higher yielding investments and amid fears over low wage growth, according to the British Banking Association…. Read More
GOLD MINERS HELP FTSE 100 MAINTAIN GAINS
LONDON (Alliance News) – Gold miners helped the FTSE 100 maintain most of the gains it made on Wednesday, when the index reached a new record closing high of 7,106.08, however, this… Read More
UK HOUSE PRICE INFLATION RISES BUT LONDON SLOWS – NATIONWIDE
LONDON (Alliance News) – UK house price inflation accelerated slightly at the close of the year, while price growth in London was below the national average for the first time in eight… Read More
CRUDE OIL HITS HIGHEST IN 17 MONTHS
WASHINGTON (Alliance News) – Crude oil futures jumped to their highest in 17 months Wednesday morning, ahead of US inventories data. This afternoon, American Petroleum Institute will release its weekly crude oil… Read More
GOLD CRAWLS HIGHER AS NEW YEAR APPROACHES
WASHINGTON (Alliance News) – Gold futures crept higher Tuesday even as the dollar strengthened versus major rivals. Meanwhile on Wall Street, the Nasdaq touched record highs while the DJIA inched closer to… Read More
LONDON MARKET CLOSE: BANKS DOMINATE PRE-CHRISTMAS TRADE AS STOCKS RISE
LONDON (Alliance News) – London stocks ended marginally higher Friday in a final half-day session before the Christmas break, though banks suffered after Barclays said it intends to fight the US Department of Justice… Read More
CRUDE OIL EDGES UP NEAR USD53 ON DEMAND OUTLOOK
WASHINGTON (Alliance News) – Crude oil futures rebounded Thursday, as strong US GDP inflated the demand outlook. West Texas Intermediate oil for February settled 46 cents, or 0.9%, higher at USD52.95/bbl. US… Read More
UK MPS TO PROBE BANK OF ENGLAND’S LOW RATES AND QUANTITATIVE EASING
LONDON (Alliance News) – A major UK parliamentary inquiry has been launched into the impact of the Bank of England’s ultra-low interest rates and quantitative easing policies. The Treasury Select Committee investigation… Read More
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