Search Results for: Hong Kong
China’s Foreign Reserves Post Record Quarterly Drop on Yuan
October 7th, 2015
Stockpile shrinks $180 billion as PBOC props up currency Decline in September less than expected, boosting yuan China’s foreign-exchange reserves fell by a record in the third quarter as the central bank sold dollars to support the yuan after ...
PwC FY15 global revenues increase 10% to US$ 35.4 billion
October 6th, 2015
Strongest revenue growth in eight years Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%) Total workforce tops 208,000 a record number, with 53,000 people joining in FY15 ...
Japan Leads Asian Shares Higher
October 6th, 2015
Markets across Asia rallied Tuesday, with shares in Japan rising on bets that its central bank may further loosen monetary policy at its meeting this week. Japan’s Nikkei Stock Average was up 1%. Hong Kong’s Hang Seng Index and ...
Asia Stocks Jump With Won After Weak U.S. Data; Glencore Surges
October 5th, 2015
Odds of 2015 liftoff pared as U.S. payrolls trail estimates Copper leads metals, commodities higher; China still closed Asian stocks jumped with emerging-market currencies and commodities after U.S.employment and factory reports came in well below estimates, undermining the case ...
Markit completes acquisition of CoreOne Technologies
October 2nd, 2015
Markit (Nasdaq: MRKT), a provider of financial information services, today announced the completion of its acquisition of CoreOne Technologies, a global leading provider of regulatory reporting, index management, data management and prime brokerage services to financial institutions. The acquisition ...
Asian Shares Mostly Lower as Investors Await U.S. Jobs Data
October 2nd, 2015
A stronger reading could increase the chances of a rise in U.S. interest rates by year-end Asian stock markets drifted mostly lower Friday, as investors looked to a coming jobs report in the U.S. for clues about when the Federal Reserve ...
This Is For The ‘Nothing Is Happening’ Crowd…
September 30th, 2015
A lot of people out there expected something to happen in September that did not ultimately happen. There were all kinds of wild theories floating around, and many of them had no basis in reality whatsoever. But without a ...
Asian shares recover from steep losses
September 30th, 2015
Asian markets headed mostly higher on Wednesday, recovering from the previous session’s steep losses as investors’ tried to regain confidence. Japan’s Nikkei 225 index led the region’s gains, up 2.1% at 17,291.86 after losing more than 4% on Tuesday. Investors ignored ...
Should you fear a ‘Glencore’ moment?
September 29th, 2015
Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world’s largest resource companies, is unable to control its skyrocketing debt load. Hong Kong-listed shares of the Anglo–Swiss commodity ...
Oil prices fall on slowing global economic growth outlook
September 28th, 2015
Oil prices dropped in Asian trading hours on Monday despite a fall in U.S. drilling activity for the fourth straight week, with analysts pointing to a poor economic growth outlook as the main reason for low crude prices. China‘s ...
