A research at investment bank J. P. Morgan has claimed that global crude prices would fall back to near $50 a barrel because of increase in U.S. shale production in addition to increase in efficiencies in some of the largest oil producing companies and countries.   By the end of next...

The Chinese central bank wants to develop its own digital currency. A Vice-Governor of Chinese Bank revealed on Thursday, 29 March 2018, that this year the bank will be launching a “crackdown on all types of virtual currencies”.   Moreover, the Central Bank is also going to push for taking...

If Britain chooses to limit the investors’ access to Russian debts, it could be harmful for Britain-investors’ relationship. The ideas that were “floated” by the Prime Minister of Britain, Theresa May of limiting the role of London in “marketing Russian debt to investors”, is under close watch by...

Britain worries on the weapon collaboration following official Brexit and looks to enter in a treaty while the EU puts up conditions from the May. On Wednesday, March 28, 2018, 15 countries from the EU bloc, which included even Britain, came together to sign their “first project” which will be...

The Japanese Parliament approved a record state budget of $ 926 billion for the next fiscal year, beginning April 1, reports Reuters. The upper house of parliament finally approved the budget on Wednesday. The paper went through the lower house last month. Attention is now shifting to discussing...

As the date of Brexit draws near, the finance firms operating under “passporting” rules in Britain looks for government backing on BoE reassurance. BoE assured the “finance companies” who are “operating in Britain” that they will get “more time” for meeting with “a Brexit deadline”. The said move...

On Tuesday, quotes of gold updated the monthly maximum, rising above $ 1356 per troy ounce. Investors are increasing their investments in precious metals amid a fall in the forecast of the Federal Reserve System (FRS) of the United States regarding the rate growth this year, as well as the...

There could be a likely winner in the potential trade war between the United States and China which got more pronounced last week, according to one strategist.   "One of the bigger beneficiaries of that would be Germany — Germany and Europe broadly," Gina Sanchez, CEO of Chantico...

Spread-better firms shares fell as the E.U. regulators reveal their plans of restricting the sales of some financial products. The regulators of the E.U. revealed that it will introduce a ban for the options of “binary” sales to “retail clients”, whereby restricting the “Contract for Differences”...