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Asia markets mostly higher; Nikkei edges up despite yen strength

April 7th, 2016 (0)
Most Asian markets rose on Thursday, with Japan’s benchmark index snapping a seven-day losing streak despite fresh strength in the yen. Japan’s benchmark Nikkei 225 closed up 34.48 points, or 0.22 percent, at 15,749.84, after wavering between positive and negative territory ...

BNP Paribas Securities Services And Smartangels Revolutionise Financing For Private Companies

April 6th, 2016 (0)
BNP Paribas Securities Services, a leading global custodian, and SmartAngels, the leading direct investment platform, have taken a major step forward in crowdfunding history by signing a strategic partnership for the use of Blockchain technology. BNP Paribas Securities Services ...

Asia markets higher; Nikkei turns up on slightly weaker yen

April 6th, 2016 (0)
Asia markets turned higher on Wednesday, shrugging off a global sell-off in equities overnight, as oil prices advanced and activity in China’s services sector showed signs of pick-up. Australia’s ASX 200 was up 0.54 percent. Japan’s Nikkei 225 wavered before trading up 0.28 ...

RBI:India Cuts Rates,First Bi-monthly Monetary Policy Statement, 2016-17

April 5th, 2016 (0)
Part A: Monetary Policy Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 ...

Deutsche Bank just lost its prime position in a prominent investment banking league table

April 4th, 2016 (0)
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 (0)
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 ...

Revealed: the $2bn offshore trail that leads to Vladimir Putin

April 4th, 2016 (0)
A network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president, Vladimir Putin. An unprecedented leak of documents shows how this money has made members of Putin’s close circle fabulously wealthy. Though the ...

Asia markets rise; Japanese yen maintains 111 handle versus dollar

April 4th, 2016 (0)
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 ...

FED survey provides information on mobile financial services

March 31st, 2016 (0)
Mobile banking use continued to rise last year as smartphone adoption grew and consumers were increasingly drawn to the convenience of mobile financial services, according to a Federal Reserve Board report,Consumers and Mobile Financial Services 2016, released on Wednesday. The ...

Asia markets mixed; Nikkei up 0.4%, Kospi down 0.5%

March 31st, 2016 (0)
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 ...
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