Recent information from economic correspondents indicate that the Saudis are likely to realize their intention to partially privatize their oil giant, Saudi Aramco (Saudi Arabian Oil Company). However, for the time being there has been no set date for this initial public offering (IPO), which the Saudis have been...
Recent political developments in the United Kingdom of Great Britain and Northern Ireland indicate the possibility that the country may eventually remain in the European Union (EU). Jeremy Corbyn, the British Labour Party Leader, might provide a chance of a different outcome rather than so-called hard Brexit. As the...
On 13 August, 2019, at 7:55 am CET the US dollar exchange rate strengthened on the foreign exchange (Forex) market and according to the DXY (US Dollar Currency Index), which compares the US dollar (USD) with the other six major world currencies, was at the 97.55 level with the...
In recent days, the single European currency, the euro (EUR), has found its new exchange rate against the US dollar (USD), with a mutual exchange rate being around US$ 1.12 per EUR. On August 7, 2019, at about 6:13 am CET, this global currency pair traded on the Forex...
The US dollar (USD) exchange rate strengthened against other world currencies and in particular against the single European currency (EUR). On July 25, 2019, at 9:34 am CET, the EUR/USD currency pair traded on the Forex market at a mutual exchange rate of US$ 1.1128 per EUR with the...
The United Kingdom of Great Britain and Northern Ireland have a new Minister. The ruling Conservative party has decided that the former Foreign Minister, Boris Johnson, will lead the party, and as a consequence he has become the British Prime Minister. However, the protracted government crisis in the United...

Recent Posts

Most Popular

Saudi Arabia oil attacks may halve output

Saudi stocks fell sharply on Sunday, after attacks on two plants at the heart of the kingdom's oil industry a day earlier knocked out...

Dow gains for 8th straight day

The Dow rose for an 8th straight session Friday, but weakness in Apple and Broadcom dragged the Nasdaq and S&P 500 lower. Fred Katayama...

LSE rejects Hong Kong’s $39 bln takeover offer

The London Stock Exchange emphatically rejected the Hong Kong bourse's $39 billion takeover offer on Friday, opting to stick with its planned purchase of...

ECB promises stimulus buys “as long as necessary”

The European Central Bank promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory on Thursday, an effort...

Hong Kong Exchanges and Clearing Makes Takeover Bid for London Stock Exchange

Investing.com - Shares of the Hong Kong Exchanges and Clearing Limited (HKEX) fell after the bourse made a surprise takeover bid for the London Stock...