Search Results for: SIX
S&P Dow Jones Indices and NZX Limited Enter Into Strategic Index Agreement
February 26th, 2015
S&P Dow Jones Indices (“S&P DJI”), one of the world’s leading providers of financial market indices, and NZX Limited today announced a strategic agreement to jointly develop, produce and commercialize co-branded investable indices featured on NZX platforms and related ...
Saudi plan to open stock market to foreign investors at ‘advanced’ stage
February 26th, 2015
Saudi Arabia’s plan to open its stock market to foreign investors is at an “advanced” stage, and the kingdom has already received substantial interest from overseas, said a senior economic leader. Prince Saud bin Khalid Al Faisal, the executive ...
Asian stocks higher on earnings, China factory
February 26th, 2015
Asian stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about increasing interest rates. Keeping score: Japan’s Nikkei 225 rose 0.6 ...
Bats Global Markets Names Chris Concannon CEO; Joe Ratterman Becomes Chairman
February 25th, 2015
BATS Global Markets (BATS), a leading operator of U.S. and European markets, today announced that President Chris Concannon will be appointed to the additional role of chief executive officer, effective March 31, 2015. Mr. Concannon arrived at BATS as ...
Yellen Signals Fed’s Patience With Zero Interest Rate Has Limits
February 25th, 2015
Federal Reserve Chair Janet Yellen signaled that the central bank’s patience with holding interest rates near zero has its limits as she began laying the groundwork for a possible increase in borrowing costs later this year. While she made ...
International and regional bodies that combat money laundering (Part A)
February 24th, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Are Conditions Setting The Market Up For A Summer Washout?
February 24th, 2015
Here is what we can quite confidently depend on. The stock market makes most of its gains each year in a favorable period of November to May, and if there is a serious correction it usually takes place between ...
Asia Stocks Climb With Dollar Before Yellen, Greek Talks
February 24th, 2015
Asian stocks traded near a five-month high and the dollar strengthened before Federal Reserve Chair Janet Yellen speaks to lawmakers and as Greece’s creditors review a list of debt-reduction policies. Australian bonds gained and U.S. oil extended declines below ...
It’s Germany vs. Greece, And The Very Survival Of The Eurozone Is At Stake
February 20th, 2015
Is this the beginning of the end for the eurozone? On Thursday, Germany rejected a Greek request for a six-month loan extension. The Germans insisted that the Greek proposal did not require the Greeks to adhere to the austerity ...
Japan stocks shrug off Greece fears
February 20th, 2015
Japanese stocks are rallying further despite concerns Greece may be forced to leave the eurozone should it fail to negotiate a new bailout deal. Germany rejected a Greek request for a six-month extension to its loan programme without austerity reforms, ...