Search Results for: Wall Street Journal
Asia markets surge; Nikkei climbs to close 5.88% higher
January 22nd, 2016
Major Asian markets surged Friday, tracking the rally in European and U.S. equities overnight, getting a boost from a slight uptick in oil prices and comments from the European Central Bank (ECB). In Japan, the Nikkei jumped by 941.27 points, or 5.88 percent, ...
Asia markets take another tumble as rout persists
January 21st, 2016
Markets in Asia lost early gains and tumbled into negative territory in afternoon trade, following another selloff on Wall Street overnight on global growth concerns, uncertainty in China and fresh lows in oil prices. The Shanghai composite touched its ...
Lloyds under investigation by FCA over possible market rigging
January 7th, 2016
Reports say investigation into gilts trading is not industry-wide despite recent criticism of regulator for dropping review into culture at major banks The City regulator is investigating whether traders at Lloyds Banking Group manipulated the price of government bonds, in a ...
The Crystal-Ball Business For 2016: A Brief Sampling
January 4th, 2016
It’s a new year and that means that it’s time to roll out a new round of predictions. There’s no reason to think that turning the calendar to January is any more productive for prognosticating vs. flipping the page ...
Hedge Funds Keep Losing — And Closing — And Why It Matters
January 4th, 2016
Unmanageable Money, Part 2: Hedge Funds Keep Losing — And Closing — And Why It Matters How do you make money in a world where history is meaningless? The answer, for a growing number of big fund managers, is ...
U.S. Third-Quarter GDP Revised Down to 2.0% Growth
December 22nd, 2015
The economy expands at a slightly slower pace than initially estimated in the third quarter The U.S. economy expanded at a slightly slower pace than initially estimated in the third quarter, as companies spent less stockpiling their inventories. Gross ...
Asian Shares Mixed, Falling in Japan But Rising in China
December 21st, 2015
Japan faced worries over the future of quantitative easing, while Property and Brokerage shares surged in China Shares in Japan fell Monday amid worries that the central bank will be reluctant to expand its easing program in the coming ...
Wells Fargo to Nudge Brokers to Get Bigger Clients
December 18th, 2015
Change is bank’s latest push to compete for clients who have millions of dollars in assets Wells Fargo & Co. will push its brokers to work with bigger clients as part of a broader strategy to attract wealthier investors. The ...
German Regulator to Publish Deutsche Bank Libor Report in January ‘At the Earliest’
December 14th, 2015
Germany’s financial markets regulator, BaFin, is likely to publish its final report about its findings over the key reference rate Libor manipulation scandal at the beginning of January at the earliest, according to two people with knowledge of the matter. Accusations ...
Asian markets trade lower, China bucks trend on IPO reform news
December 10th, 2015
Chinese stocks bucked a generally downward trend in Asian markets on Thursday to trade in positive territory after news broke that Beijing will finally introduce much-need IPO reforms. Oil prices, which remain under pressure due to a global supply ...
