Loews (L) Grows Profit And Book Value, But Underwriting Slips
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Qatar Central Bank joins the Gulf Payments System AFAQ
Qatar Central Bank (QCB) announced on Monday that it had joined AFAQ Payments System, operated by the Gulf Payments Company (GPC). This completes the participation of the central banks of all Gulf Coo...
CEE FX: Hawkish pricing versus dovish banks – ING
ING’s Frantisek Taborsky highlights a busy CEE data and policy calendar, with Hungary’s inflation seen edging up, the National Bank of Poland and Central Bank of Turkey expected on hold, and Romania’s inflation falling sharply on base effects.
China Oil Demand Revival Spurs Price Spikes From Congo to Brazil
A rebound in Chinese oil buying is driving up the prices of African, Canadian and Latin American crudes as disruptions in the Strait of Hormuz see refiners ranging farther afield for alternatives.
German Industrial Production Contracts on Auto Sector Slowdown
Output fell 1.1% on month after a flat reading in June, the country’s statistics agency Destatis said Monday.
Euro holds losses against British Pound as German Industrial Production unexpectedly drops in July
The EUR/GBP cross loses ground to around 0.8585 during the early European trading hours on Monday. The Euro (EUR) attracts some sellers against the British Pound (GBP) following the German economic…
KOSPI Spikes 4.61% Monday
[Economy] : The benchmark Korea Composite Stock Price Index surged 308-point-18 points, or four-point-61 percent, on Monday to close at six-thousand-995-point-39. The tech-heavy KOSDAQ gained eight-point-69 points, or one-point-07 percent, to close at 822-point-19. The South Korean won strengthened against the ... [more...]