Financial news

16.05.2018 10:00:11

Oil prices rose amid continuing clashes in the Middle East

On Tuesday, Brent crude oil exceeded $79 per barrel for the first time since November 2014 amid continuing clashes in the Middle East. Investors remain focused on riots in the gas sector and the expected consequences of US sanctions against ...
16.05.2018 10:00:11

German investor confidence in the country's economy remained in May at the level of April

In May this year, the index of investors 'and analysts' expectations for Germany's economy for the next six months amounted to minus 8.2 points, maintaining the level of April, data of the ZEW research institute showed. The May value of the ...
16.05.2018 10:00:11

Growth in industrial production in the eurozone in March was 0.5%

In March 2018, industrial production in the euro area increased by 0.5% compared to February, when the figure fell by 0.9%, according to the data of the Statistical Office Eurostat. In annual terms, the volume of industrial production in the ...
16.05.2018 10:00:11

Eurozone GDP grew by 0.4% in the first quarter

Eurozone GDP in the first quarter grew by 0.4% compared to the previous quarter, which was the weakest economic growth since the third quarter of 2016, according to the final data of the Statistical Office Eurostat. In annual terms, the economy ...
16.05.2018 10:00:11

Unemployment in the UK was 4.2% in the first quarter

In the first quarter of 2018, unemployment in the UK, calculated according to the methodology of the International Labor Organization, was 4.2%, which is the lowest level since 1975, the Office for National Statistics reported. The level of ...
16.05.2018 10:00:11

China housing sales growth has slowed to 9.5% from January to April

The growth in sales of residential property in China in the first 4 months of the year slowed to 9.5% compared to the same period last year to 3 trillion 60 billion yuan amid tightening requirements in the field of mortgage lending. This is ...
16.05.2018 10:00:11

Green economy will help create 24 million new jobs by 2030

The measures taken in the world, aimed at the transition to an ecologically clean economy and the retention of global warming within 2 degrees Celsius, will create 24 million new jobs by 2030, according to the report of the International Labor ...
16.05.2018 10:00:11

Net profit of Raiffeisen Bank increased by 81% in the first quarter

Austrian Raiffeisen Bank International in the first quarter increased its net profit by 81% due to a reduction in the volume of problem loans, the finversia.ru project wrote with reference to the bank's accounts. Quarterly consolidated net ...
15.05.2018 12:00:35

Bank of France expects the country's economy to grow by 0.3% in the second quarter

The Bank of France predicts that in the second quarter of 2018 the country's GDP will grow by 0.3%, maintaining the growth rate of the first quarter. The forecast of the Bank of France is based on the data of a monthly survey, which makes it ...
15.05.2018 12:00:35

In January-April, China's budget revenues grew by 12.9%

For the period from January to April 2018, China's budget revenues increased by 12.9% year-on-year to 6.9 trillion yuan, the country's Finance Ministry said. Revenues from goods and services collection increased by 18.4%, corporate income tax ...
15.05.2018 12:00:35

US demands during NAFTA negotiations may not be sufficient to return jobs to the country's automobile sector

During negotiations on the North American Free Trade Agreement, US demands may not be enough to return jobs to the automobile sector of the country, Reuters reports. Mark Wakefield from the consulting company AlixPartners notes that the increase ...
15.05.2018 11:00:31

Excess capacity threatens the shares of China's steel producers

The market valuation of steel companies in China is affected by expectations of the recovery of steel production and signs of a weakening demand in the country. Steel prices in China this year fell after a 2-year rapid growth. Shares of most ...
15.05.2018 10:00:27

Net profit of China's commercial banks rose by 5.86% in the first quarter

The net profit of China's commercial banks in the first quarter of this year increased by 5.86% to 522 billion 200 million yuan. The growth of the index accelerated compared to the rise of 1.25% a year earlier, according to the State Committee ...
15.05.2018 10:00:27

Chinese corporation CTG intends to acquire the Portuguese EDP

Chinese state corporation Three Gorges announced its readiness to acquire the largest Portuguese company Energias de Portugal (EDP) for 9 billion 70 million euros. Chinese CTG already owns a 23 percent stake in EDP, which produces and distributes ...
15.05.2018 10:00:27

Thailand legalized operations with cryptocurrencies

In Thailand on May 13, the law, regulating the turnover of cryptocurrencies and digital assets, came into force, the finversia.ru project reported. The law obliges all persons engaged in the sale of cryptocurrency to obtain registration within ...
15.05.2018 10:00:27

HSBC conducted the world's first financial transaction using a blockchain

One of the largest financial conglomerates of the world, HSBC Holdings, held the world's first commercial finance transaction based on the blockchain technology. HSBC reported that it, together with ING, successfully completed the transaction ...
15.05.2018 10:00:27

Oil started to grow on OPEC statements

Oil prices moved to growth after the statement of the Organization of the Petroleum Exporting Countries on its readiness to support the stability of the oil market. In its monthly report, OPEC noted that inventory levels in OECD countries declined ...
15.05.2018 10:00:27

Electricity consumption in China increased by 7.8% in April

One of the main parameters for assessing economic activity in China is the consumption of electricity in the country. This figure in April 2018 compared with the same month last year increased by 7.8% and amounted to 521 billion 700 million ...
14.05.2018 09:00:10

Mario Draghi noted the importance of creating a single budgetary fund in the euro area to deal with crises

President of the European Central Bank, Mario Draghi, noted the importance of creating a fund in the euro area that would allow euro zone states to resist future crises, Bloomberg reports. Speaking at the event in Florence, he said: 'The goal ...
14.05.2018 09:00:10

Oil finished last week in positive territory

Oil prices finished last week at the maximum levels since November 2014: Brent went up by 3.4%, WTI - by 2.2%. The rise in prices was facilitated by the US decision to withdraw from the agreement on Iran's nuclear program, which would lead ...
14.05.2018 09:00:10

Chief economist of First Advisors forecasts growth of the economy and the US stock market in 2018-2019

Chief economist of First Trust Advisors, Brian Westbury, recognized as the most accurate forecaster for statistical data from the United States in April, predicts that in 2018, the US GDP will grow by 3%, the stock indexes – by an average of ...
Something went wrong
Message: