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IEA warns oil companies doing nothing on emissions is not an option

By Ritu, Capital Sands Oil and gas companies must boost investment in low carbon energies or face an increasing backlash…

Forex – Yuan Pushes Higher After Data Release

By Ritu, Capital Sands The Chinese yuan is flying Friday, climbing to six month highs against the U.S. dollar in…

China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note

By Ritu, Capital Sands China’s economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising…

Merkel Spends Big to Kickstart Germany’s Stalled Coal Exit

By Ritu, Capital Sands Chancellor Angela Merkel clinched a deal to kickstart Germany’s stalled coal exit, offering billions in compensation…

Ruble Slides as Putin Announces Government’s Resignation

By Ritu, Capital Sands The ruble fell on Wednesday after President Vladimir Putin announced the resignation of the Russian government.…

Forex – Markets Calm; Sterling Awaits Inflation Data

By Ritu, Capital Sands A tone of caution prevails in the foreign exchange markets Wednesday, ahead of the signing of…

Michael Patra appointed deputy governor of RBI for a three-year term

By Ritu, Capital Sands Michael Debabrata Patra, 59, has been appointed the Reserve Bank of India (RBI) deputy governor for…

Pound on Longest Losing Streak Since May on BOE Easing Talk

By Ritu, Capital Sands The pound extended its decline to the longest run in eight months as speculation of an…

Asian Markets Rise as U.S. Drops China’s Currency Manipulator Label

By Ritu, Capital Sands Asian stocks rose in morning trade on Tuesday after the U.S. dropped China’s currency manipulator label,…

Sterling Slips vs Dollar, Euro as Vlieghe Fuels Rate Hopes

By Ritu, Capital Sands The dollar opened the week stronger against the pound sterling and the Japanese yen, but weaker against the euro,…