News

Glencore Post $8bn Loss Due To Weak Commodity Prices

Glencore, the Swiss mining and trading house recently confirmed a huge annual loss of $8 billion arising from the sharp…

9 years ago

Former Bank Of England Governor Predicts Failure of Eurozone

Mervyn King, the former governor of the Bank of England who is well-known for his views in opposing the European…

9 years ago

China Replaces Head Of Securities As It Seeks To Calm Market

China recently announced that it has replaced the head of its securities regulator Xiao Gang and appointed a top state…

9 years ago

Governor of PbOC Tries To Calm Market Over Major FX Concerns

China’s volatile market has caused serious concerns for a number of countries wiping out billions of dollars in trading. While…

9 years ago

Barclays Jes Staley Brings In JP Morgan’s Paul Compton As COO

Jes Staley, the newly appointed chief executive officer of Barclays Bank Plc has confirmed hiring a former colleague from JP…

9 years ago

Barclays To Cut 1,000 Investment Banking Jobs Across The Globe

Barclays is planning to cut around 1,000 investment banking jobs across its offices worldwide as a part of sweeping restructuring…

9 years ago

Steel Unions Pressure British Government To Take Action

The British Government has come under renewed pressure to take action to support the steel industry after Tata Steel announced…

9 years ago

UK Interest Rate Rise Unlikely – For Now

If you are a UK Forex trader then you will no doubt have been pinning your hopes on a rise…

9 years ago

China Claims Relatively Abundant Forex Reserves Despite Crash

In December 2015, China found its mammoth foreign reserves considered to be the world’s largest, dip to a three year…

9 years ago

HSBC’s Online Banking Platform Issues Angers UK Customers

HSBC customers in Britain were unable to access internet banking services for two consecutive days during the first week of…

9 years ago