Search Results for: Global share
Deutsche Bank just lost its prime position in a prominent investment banking league table
April 4th, 2016
Deutsche Bank is suffering — it lost £5.1 billion ($7.4 billion) in 2015, shares tumbled, it is cutting thousands of jobs to shore up costs, and some of its key businesses continue to suffer. So it comes as no surprise that ...
Blackberry squeezed as sales slump
April 4th, 2016
BlackBerry sales fell by almost $200m in the three months to the end of February in a bigger-than-expected slide that sent shares down almost 8%. The Canadian company said smartphone sales had been below projections in the quarter. Chief ...
Asia markets rise; Japanese yen maintains 111 handle versus dollar
April 4th, 2016
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...
A Brexit will have a negative impact on the British, European and world economies
March 31st, 2016
Brexit will hurt world economy: US Treasury chief If Britain exits the European Union it will have a negative impact on the British, European and world economies, US Treasury Secretary Jacob Lew warned Tuesday. Britons are set to vote ...
Asia markets mixed; Nikkei up 0.4%, Kospi down 0.5%
March 31st, 2016
Asia markets traded mixed on Thursday, with some markets partially retracing their advances following Federal Reserve chair Janet Yellen’s cautious stance on the path of tightening earlier this week. Japan’s Nikkei 225 wavered between gains and losses before trading up 0.41 percent, while ...
Iran Said to Attend Doha Talks Without Joining Oil Freeze
March 30th, 2016
All OPEC members except Libya now scheduled to attend talks Russia will join meeting while Argentina, Brazil declined Iran will attend talks with fellow OPEC members and Russia in Qatar next month without joining their proposal to freeze crude ...
Oil prices fall 3 percent as investors focus again on glut
March 30th, 2016
Oil prices fell about 3 percent on Tuesday, reflecting growing concern that a two-month rally was fading as demand fails to keep up with swelling global supply, including new output from Kuwait and Saudi Arabia. Prices bounced, but only ...
Most Asian markets up in wake of dovish Yellen remarks, but Nikkei lags
March 30th, 2016
Most Asian markets advanced after remarks from Federal Reserve chair Janet Yellen assuaged concerns about a near-term interest rate hike, but Japan’s shares retreated as the yen strengthened. “Janet Yellen doubled down on dovishness, in a speech full of risks to ...
Financial Policy Committee statement from its policy meeting, 23 March 2016
March 29th, 2016
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system. In doing so, its aim is to ...
R.B.S. Hires Former Barclays Lawyer as General Counsel
March 29th, 2016
The Royal Bank of Scotland said on Thursday that it had hired a top lawyer who used to work at its British banking rival Barclays to serve as its new general counsel. The lawyer, Michael Shaw, served as deputy ...
