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…

10 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…

10 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…

10 years ago