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China’s yuan to face pressure if dollar rises sharply: c.bank adviser

March 25th, 2016 (0)
China’s yuan will come under renewed downward pressure if the U.S. dollar rises significantly in coming months, a policy adviser to the People’s Bank of China said on Friday. Huang Yiping, a professor at Peking University and a member ...

How was the business activity in Eurozone the first three months of 2016

March 24th, 2016 (0)
Euro zone businesses end first quarter on brighter note March flash euro zone composite PMI 53.7 * Composite PMI above all forecasts in Reuters poll * Firms cut prices again this month * German surveys show sentiment improved in ...

Oil prices tumbled 4 percent; U.S crude settling below the key $40 per barrel

March 24th, 2016 (0)
Oil prices tumbled 4 percent on Wednesday, with U.S crude settling below the key $40 per barrel mark after a sixth straight week of record highs in stockpiles that traders warned could cut short the market’s two-month long rally. ...

Asia markets slip amid Fed concerns, oil fall

March 24th, 2016 (0)
Asia markets ended lower Thursday, amid fresh declines in oil prices and concerns the U.S. Federal Reserve may hike interest rates sooner than expected. Japan’s Nikkei 225 ended down 108.65 points, or 0.64 percent, at 16,892.33, while South Korea’s Kospi index fell 9.15 ...

Credit Suisse accelerates its restructuring

March 23rd, 2016 (0)
Tidjane Thiam, Chief Executive Officer of Credit Suisse, commented: “Our recent performance has highlighted further two key areas of challenge for Credit Suisse: – Our fixed cost base, and – Our scale in Global Markets in the Americas and ...

Goldman-1MDB Probe Zeroes In on Bond Deals

March 22nd, 2016 (0)
Investigation focuses on whether Wall Street firm misled investors when it sold securities issued by Malaysian fund U.S. authorities are investigating whether Goldman Sachs Group Inc. misled bondholders when the firm sold securities issued by a Malaysian government-investment fund that is at ...

Apple Unveils Smaller-Screened iPhone SE to Jump-Start Sales

March 22nd, 2016 (0)
Cook on FBI fight: `We will not shrink from responsibility’ Newest phone, aimed at emerging markets, will arrive March 31 Apple Inc. unveiled a new, smaller iPhone that will start at $399, seeking to jump-start sales of its flagship product ...

Nasdaq Agrees to Acquire Boardvantage

March 22nd, 2016 (0)
Nasdaq, Inc. (Nasdaq:NDAQ) today announced that it has entered into a definitive agreement to acquire Boardvantage, a leading board portal solution provider which also specializes in leadership collaboration and meeting productivity. The acquisition, along with the recently-closed purchase of Marketwired, is expected ...

Asia mixed in quiet trading session, with Nikkei up 1.9%

March 22nd, 2016 (0)
Asia markets were mixed in a quiet session on Tuesday, with a weaker yen buoying Japanese stocks while Chinese stocks gave up some of their Monday gains. Japan’s Nikkei 225, which reopened after a public holiday Monday, closed up 323.74 ...

The ECB and John Law

March 21st, 2016 (0)
Last week, the ECB extended its monetary madness, pushing deposit rates further into negative figures. It is extending quantitative easing from sovereign debt into non-financial investment grade bonds, while increasing the pace of acquisition to €80bn per month. The ...
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