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The Philippine Central Bank raised the key rate by 50 basis points

The Central Bank of the Philippines following the results of the meeting on Thursday raised the key rate of reverse REPO by 50 basis points to 4.5%. Forecast of 14 out of 15 experts who had participated in the Reuters poll, coincided with the ...
28.09.2018

Moody's experts expect the fall of oil prices to $60-65 per barrel in 2020-2022

The official forecast of the international rating agency Moody's Investors Service assumes a decline in oil prices to 60-65 dollars per barrel in 2020-2022, whereas in 2018 oil will average $78 per barrel, in 2019 - $71 per barrel, Denis Pereverzentsev, ...
27.09.2018

India is not going to acquire Iranian oil in November

Official representatives of Indian companies Indian Oil and Bharat Petroleum told Bloomberg that in November there would be no supplies of Iranian oil, as their companies did not order tankers. Iran does not plan to buy oil from Iran either ...
27.09.2018

The Bank of England can curtail the program of buying up assets without harm to the economy

A member of the Bank of England's Monetary Policy Committee, Gertjan Vlieghe, believes that the British Central Bank should carefully explain the plan for its gradual curtailment of the asset purchase program, as the US Federal Reserve did. ...
27.09.2018

Deutsche Bank has studied the potential merger with UBS

Deutsche Bank at a meeting in September discussed two options for a potential merger with both Commerzbank and the Swiss bank UBS, seeking to examine the possible impact of the deal with UBS, Handelsblatt wrote, citing sources familiar with ...
27.09.2018

Report on the change of Daimler CEO caused a decline in the share price of the German automaker

Daimler, the German company, which manufactures cars, reported the departure of Dieter Zetsche from the post of chief executive after the annual shareholders meeting scheduled for May 22, 2019. The Supervisory Board took such a decision because ...
27.09.2018

The price of rental property in the US rose in the third quarter

The price of rental apartments in the US rose in the third quarter, despite the fact that the volume of proposals from landlords, especially in large cities of the country, was large enough, the Wall Street Journal writes. In the real estate ...
27.09.2018

Germany agreed to help Belgium cover the electricity deficit

The operator of Belgian nuclear power plants, Engie-Electrabel, said that at present two out of seven nuclear reactors operate in Belgium. Stopping of the work of generators is associated with a deterioration in the state of concrete in the ...
27.09.2018

Terrafugia to start taking orders for the world's first flying car in October

Chief Executive Officer of the American company Terrafugia, Chris Jaran, announced the start of collecting pre-orders for the world's first flying car in October. Deliveries to customers of this hybrid gasoline-electric flying device, accommodating ...
27.09.2018

LNG production in Qatar will be increased by another 10 million tons

Qatar Petroleum, the state-owned oil company of Qatar, said it will add the 4th line for natural gas liquefying and increase production by another 10 million tons to 110 million tons per year. As a result, the capacity of the project will increase ...
27.09.2018

Sales of new buildings in the US rose by 3.5% in August

Sales of new homes in the US amounted to 629 thousand in August this year, having increased by 3.5% compared to the previous month, the country's Ministry of Trade reported. Analysts had expected the figure at 630 thousand houses. On average, ...
27.09.2018

Trump announced the restoration of additional US sanctions against Tehran

President of the United States Donald Trump, speaking at the 73rd session of the UN General Assembly, said that the US would restore the second block of restrictions against Iran on November 5, which would affect the Iranian energy sector and ...
26.09.2018

World demand for energy will reach its peak in 2035, according to Unipec

President of the Chinese oil trader Unipec, Chen Bo, believes that the demand for primary energy resources will reach its peak of 17 billion tons of oil equivalent in 2035. He said this at an industry conference in Singapore, Bloomberg writes. ...
26.09.2018

Economists expect that the Fed will raise the rate at the September meeting

Most experts expect that the Federal Reserve will decide at its September 25-26 meeting to increase the base interest rate on federal credit facilities by 25 basis points to 2-2.5% per annum. The market estimates the probability of such a decision ...
26.09.2018

Cable operator Comcast bought a 29.1% stake in Sky TV channel

American cable operator Comcast announced the purchase of a 29.1 percent stake in the British television channel Sky for 17 pounds sterling 28 pence per share, finversia.ru wrote. The American operator intends to continue buying Sky shares ...
26.09.2018

75 banks joined the JPMorgan Interbank information network

More than 75 banks have joined the Interbank information network (IIN), based on the Quorum blockchain and created by the American financial holding company JPMorgan, Financial Times writes. The launch of the project was announced at the end ...
26.09.2018

The Government of India has launched the world's largest health insurance program

The Government of India, led by Narendra Modi, launched the world's largest health insurance program PMJAY, which is called Modicare, the Asia Times writes. The program provides health insurance to poor and vulnerable Indians at a rate of 500 ...
26.09.2018

BMW deteriorated its profit forecast for 2018 due to the US trade war with China

German carmaker BMW reported a lower profit forecast for the current year amid a deterioration in the automotive market caused by the US trade war with China, which is BMW's largest market. Specialists of BMW note the strengthening of price ...
26.09.2018

Markets are waiting for the ECB rate increase in September 2019

The financial markets, expecting an increase in the base rate by the European Central Bank in October 2019, now believe that the European regulator will take this decision before the expiry of the term of power of its head Mario Draghi in September ...
26.09.2018

Consumer confidence in the US economy rose unexpectedly in September

The consumer confidence index in the US reached its highest level in September from September 2000, having increased to 138.4 points from 134.7 points in August, the results of the Conference Board research showed. The growth of the index was ...
26.09.2018
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