The yen strengthened, and Japanese bonds fell on rumors that the Bank of Japan could change its rhetoric and admit that it is discussing a strategy of curtailing monetary stimulus, reports Bloomberg. The Japanese currency rose against the currencies of all G10 countries after sources reported that...

A few weeks ago, Standard Financial, a bank with assets of $ 488 million and only nine branches, merged with Allegheny Valley Bancorp, an even smaller neighbor in the suburbs of Pittsburgh. The main reason for the merger, explains Standard’s director Tim Zimmerman, is the increased cost of...

The Energy Information Administration (EIA) of the United States has published another short-term forecast on the level of oil production in the country. According to the report, US oil companies will be producing an average of 10 million barrels a day in 2018. Thus, the record set back in 1970,...

Despite a deceleration in job growth last month, a sustained labor market strength was pointed out by a jump in employment in the U.S. to a near two-year high even as U.S. services sector activity slowed in May as new orders tumbled. Limited scope for faster economic growth was suggested by the...

The long past of the dispute between Saudi Arabia and Qatar are best explained by natural gas and the latter’s excommunication of the former has been brewing since 1995.   That was the year when the tiny desert peninsula was about to make its first shipment of liquid natural gas...

On the night of Tuesday, June 6, the weighted average bitcoin rate was close to $ 3,000, while the aggregate market capitalization of the market surpassed the $ 100 billion mark. Recall, not later than on Saturday, June 3, the price of bitcoin overcame the mark of $ 2500, but the ongoing bullish...

Although “snap election” failed to knock off “growth and confidence”, challenges definitely wait ahead. According to “an industry trade body”, the output from the British factory sector seem to be “on track” performing in its pace of “fastest growth” since the year of 2014 till date, although...

According to the reports of Wall Street Journal, the “biggest” venture is likely to take place in the history of bitcoin funding. Coinbase Inc. is an exchange of Bitcoin, which is in conversation with “potential investors” to acquire new “round of funding” for over “$1 billion”, as per the reports...

Sources confirm of receiving ‘teasers’ while they are going to ‘unbid’ the offer now. According to “market sources”, Deutsche Bank AG has already kicked off the sale procedures of its “Polish banking” operations’ parts, as it gets rid of “non-core assets” besides freeing up capital.   The...