Search Results for: Hong Kong
FOREX: Dollar strengthens as Greek debt crisis weighs on euro
May 12th, 2015
* Pressure remains on kiwi from rate-cut expectations * Sterling holds most post-election gains after BOE stands pat The dollar firmed against major counterparts on Tuesday, as ongoing anxiety over Greece‘s debt crisis helped push the euro toward a one-week ...
FXCM Inc. Announces First Quarter 2015 Results
May 11th, 2015
Releases April 2015 Customer Trading Metrics First Quarter 2015 Highlights: U.S. GAAP trading revenues from continuing operations of $69.2 million U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $393.3 million or $8.35 per fully diluted share U.S. GAAP revenues from discontinued operations of $28.8 million ...
SFC recovers $190 million for investors of collapsed hedge fund
May 7th, 2015
The Securities and Futures Commission (SFC) today resolved proceedings involving the Descartes Athena Fund SPC (the Athena Fund), paving the way for about 340 overseas investors allegedly defrauded by the collapsed private hedge fund to recoup part of their ...
ACCA appoints current Singapore head to key strategy and development role for Asia Pacific
May 6th, 2015
Ms Leong Soo Yee tasked with developing growth potential within the region ACCA (the Association of Chartered Certified Accountants) today announced the appointment of Leong Soo Yee, the current head of its Singapore office, to the role of Director ...
Baker & McKenzie and FenXun Partners joint operation announcement adds unique capabilities to China competition practice
May 6th, 2015
The Joint Operation provides clients of both firms with an unprecedented platform to serve their international and PRC legal needs Baker & McKenzie and FenXun Partners recently announced that they had become the first international and PRC law firms ...
HSBC Holdings plc 1Q 2015 Earnings Release
May 5th, 2015
Reported PBT up 4% in the first quarter of 2015 (‘1Q15’) at $7,059m compared with $6,785m in the same period in 2014 (‘1Q14’). Adjusted PBT up $349m or 5% in 1Q15 at $6,892m, compared with $6,543m in 1Q14, primarily ...
China Stocks Drop While Aussie Gains After RBA; Commodities Fall
May 5th, 2015
Chinese stocks fell on concern recent gains were excessive, while Indonesia’s rupiah weakened after the economy contracted. Australia’s currency rose amid speculation the central bank will refrain from further interest-rate cuts. The Shanghai Composite Index retreated 2.3 percent by ...
Four HKEx Clearing Houses Receive Third-country CCP Recognition from ESMA
May 4th, 2015
The Board of Supervisors of the European Securities and Markets Authority (ESMA) on 27 April 2015 adopted a decision to recognise all of Hong Kong Exchanges and Clearing Limited’s (HKEx) clearing houses (CCPs) for securities, stock options, futures and ...
NBAD eyes up debt deals with export credit agencies as part of international expansion plan
May 4th, 2015
National Bank of Abu Dhabi (NBAD), the country’s biggest lender by assets, is keen to arrange debt for export credit agencies (ECAs) as part of plans to expand its loans portfolio. “I see an increasing role for export credit ...
Greek Nerves Turning Asian Money Off Europe, ADB Economist Says
May 4th, 2015
Asian companies are thinking twice about their dealings with European partners as jitters persist over whether Greece will splinter the euro area, the Asian Development Bank’s chief economist said. “The private sector is trying to adjust their strategy,” Shang-Jin Wei said ...
