Posts Tagged ‘finance’

Islamic Finance Attracts Non Muslim Students in Asia

by Forex Rooton August 7, 2014 10:25 am BST
Demand for Shariah Finance training from non-Muslims rose more than fourfold in the past seven years as students seek to enter an industry whose assets are set to double to $3.4 trillion by 2018. Malaysia’s International Centre for Education in Islamic Finance had 2,000 people enrolled on its courses this year, of whom about 14 […]

ISM Non-Manufacturing Index Increases to Highest in Five Months

by Christopher Lemieuxon August 5, 2013 3:43 pm BST
The U.S. non-manufacturing index increased to 56 surpassing the consensus estimate of 53.2 and expanded the services industry to its fastest pace in five months, reported the Institute for Supply Management (ISM). Senior economist at Societe Generale, Brian Jones said “the pickup in July wasn’t limited to the manufacturing sector. Things are picking up going […]

Gold bears braced for U.S. to china growth recovery

by Forex Rooton February 15, 2013 8:43 am BST
Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year’s worst-performing precious metal. Twenty analysts surveyed by Bloomberg this week expect prices to fall next week, while 11 were bullish and three were neutral, making the […]

Euro’s high level is a concern

by Forex Rooton February 7, 2013 11:45 am BST
Greek Finance Minister Yannis Stournaras said the strength of the euro is a concern even as its current level shows a return in confidence in the 17-nation currency. “I’m concerned about the high level of the euro,” Stournaras told Bloomberg Television’s David Tweed in an interview in Athens yesterday. “The other side of the coin […]