News / Blog
Saudi Arabia's Public Investment Fund (PIF) is to invest up to $10 billion in Russia within the next five years, in a move signalling a softening in relations between the two countries...
On Tuesday the greenback climbed to fresh 1-month highs against its peers, as demand for the safe-haven greenback remained underpinned ahead of a euro zone summit scheduled later in the day and aimed at restarting negotiations between Greece and its lenders...
The Greek crisis is now hurting stocks that had been buoyed by the European Central Bank’s stimulus program in the first quarter...
The euro dipped for a second day against the dollar as finance ministers and leaders from the European Union gather to discuss Greece's fate...
"This was our most active year since the global financial crisis," said Lin Boon Heng, chairman of Singaporean sovereign wealth fund Temasek, noting that the company earned 30 billion Singapore dollars ($22 billion) in new investments, and a record S$19 billion ($14 billion) of divestments...
On Tuesday the Australian dollar was weaker as the Reserve Bank of Australia left interest rates on hold. Fresh news from Greece spurred renewed concerns...
U.S. stocks began the week in the red zone, as investors worldwide turned away from riskier assets following Greece's rejection of bailout terms, which increased the prospect of the country exiting the eurozone...
This week will mostly be dominated by the Greek uncertainty. On Sunday Greece voted against the plan proposed by its creditors sending financial markets down. The majority, 61.3% voted 'no' and 38.7% voted “YES”...
This week gold will be ruled by uncertainty, as markets will have to digest disappointing U.S. nonfarm payrolls released Thursday, as well as Greece's referendum results which showed citizens rejected creditors' proposals...