Search Results for: CIF
World Bank:Anemic recovery in emerging markets to weigh heavily on global growth in 2016
January 7th, 2016
Weak growth among major emerging markets will weigh on global growth in 2016, but economic activity should still pick up modestly to a 2.9 percent pace, from 2.4 percent growth in 2015, as advanced economies gain speed, according to ...
Nomura Settles American Executive’s Wrongful-Dismissal Suit
January 5th, 2016
Nomura Securities Co., Japan’s largest brokerage, has settled a wrongful-dismissal suit filed by an American managing director, agreeing to pay him ¥82 million ($688,000) in compensation without reinstating him. The Tokyo District Court had ruled in August that Nomura had wrongfully ...
Euro area annual inflation stable at 0.2%
January 5th, 2016
Euro area annual inflation is expected to be 0.2% in December 2015, stable compared to November 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area ...
EY awards US$1m to winners of its global Better begins with you recognition program
January 5th, 2016
EY has awarded US$1m to the winners of its new global recognition program,Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring EY’s purpose – building a better working world – to ...
British Virgin Islands Regulatory Authority warns for unauthorised investment services firms
January 5th, 2016
The Regulatory Authority of British Virgin Islands, Financial Services Commission (FSC), has issued a warning to inform public and investors for firms claim to be incorporated, licensed and regulated in the British Virgin Islands. Specific, FSC, warns that the ...
Asia Stocks Resume Slide Amid China Intervention; Metals Rise
January 5th, 2016
PBOC injects cash, state-run funds said to prop up stocks Oil rises to trade near $37 a barrel; base metals advance Asian stocks extended declines while Chinese shares shrugged off government efforts to prop up the country’s sputtering stock ...
China Halts Stock Trading After 7% Rout Triggers Circuit Breaker
January 4th, 2016
Weak manufacturing data, end to share-sale ban sparked rout Stocks in Hong Kong extend retreat after mainland halt The worst-ever start to a year for Chinese shares triggered a trading halt in more than $7 trillion of equities, futures ...
Single Resolution Mechanism to come into effect for the Banking Union
January 4th, 2016
The Single Resolution Mechanism (SRM) will become fully operational on 1 January 2016. The SRM implements the EU-wide Bank Recovery and Resolution Directive (BRRD) in the euro area. The full resolution powers of the Single Resolution Board (SRB) will ...
Chinese markets halt trading for day after shares plunge
January 4th, 2016
Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the slowdown of the mainland’s economy. The Shanghai Composite tumbled 6.85 percent ...
Southeast Asia Launches Huge Trade Bloc
December 30th, 2015
Ten countries formalize their integration efforts in a bid to rebalance regional power and riches Ten Southeast Asian nations start an ambitious, U.S.-backed experiment on Thursday: integrating their economies in a bid to bring more global sway and prosperity ...
