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PRECIOUS-Gold stays firm after Fed raises rates

December 17th, 2015 (0)
Gold held gains on Wednesday, after the Federal Reserve raised U.S. interest rates for the first time in nearly a decade, as expected, making clear it was a tentative beginning to a “gradual” tightening cycle. The U.S. central bank’s ...

Barclays to Sell Former Lehman Bond Benchmarks to Bloomberg

December 17th, 2015 (0)
Bank makes $721 million gain selling analytics, index business Sale comes as new CEO Jes Staley speeds up non-core disposals Barclays Plc agreed to sell the indexing business built around former Lehman Brothers benchmarks to Bloomberg LP for about ...

Shares climb, dollar dips as Fed prepares to lift rates

December 16th, 2015 (0)
Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in U.S. interest rates in almost a decade. After more than a year of posturing and ...

IBM Opens Watson IoT Global Headquarters, Extends Power of Cognitive Computing to a Connected World

December 15th, 2015 (0)
IBM (NYSE:IBM) today announced the opening of its global headquarters for Watson Internet of Things (IoT), launching a series of new offerings, capabilities and ecosystem partners designed to extend the power of cognitive computing to the billions of connected devices, sensors and systems ...

Cyprus, Ukraine Agree To Replace Temporary DTA

December 15th, 2015 (0)
Cyprus and Ukraine have agreed the text of a double tax agreement that will likely replace their existing pact from January 1, 2019. The deal will newly include a most favored nation (MFN) clause for taxes on interest, dividends, ...

Greece: Market concerned about gov’t stability

December 14th, 2015 (0)
The government and the country’s international creditors have reached an agreement on the second list of 13 milestones that will lead to the disbursement of the sub-tranche of 1 billion euros by the end of the year. In addition, ...

Alibaba agrees on $266 million acquisition deal with South China Morning Post

December 14th, 2015 (0)
Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd (0583.HK), a deal that has raised a question over the outlook for ...

Yuan in Biggest Weekly Drop Since Devaluation as PBOC Eases Grip

December 11th, 2015 (0)
Central bank may enter market again after Fed decision: OCBC Yuan weakness trend is inevitable, according to Commerzbank The yuan recorded its biggest weekly drop since an August devaluation on speculation China’s central bank is taking advantage of a stronger ...

JPMorgan Said to Win Relief in SEC Case on Sale of Its Own Funds

December 10th, 2015 (0)
Bank to get consent to continue raising money for hedge funds SEC, CFTC may announce settlements with bank as soon as Friday JPMorgan Chase & Co. is close to settling cases that threatened to bar the bank from raising ...

KPMG International announced today aggregated network revenues of US$24.44 billion

December 10th, 2015 (0)
Investments in new services and innovation drive KPMG growth Investments in new services, acquisitions and strong growth across core services drive fiscal year (FY) revenues of US$24.44 billion Multi-year, US$1billion investment program in data and analytics (D&A) and new ...
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