Search Results for: One Financial Markets
21 New Numbers That Show That The Global Economy Is Absolutely Imploding
February 17th, 2016
After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment. But that does not mean ...
EY has launched the 2016 EY Accelerating Entrepreneurs program
February 17th, 2016
EY has launched the 2016 EY Accelerating Entrepreneurs program in Europe, which gives high-potential, fast-growth technology startups from across the continent access to support to help scale their businesses. The group of selected entrepreneurs will receive a comprehensive program of one-to-one ...
Pimco’s $12 Billion Standoff Over Austria Bad Bank
February 17th, 2016
Filings show bond funds bought distressed debt in 2014 German banks have biggest incentive to take Hypo Alpe offer As the health of banks roils markets anew, the last financial crisis is still playing out in Austria, with Pacific Investment Management ...
BlackRock hedge fund sees worst start
February 16th, 2016
Bloomberg News reports that the flagship $1.9bn Obsidian fund fell 4% in January after failing to anticipate “the extent to which markets would trade in lockstep with commodities,” according to an investor update, a copy of which was obtained by ...
Last Wave on Libor: CFTC Likely to Charge Multiple Banks for Rate Rigging
February 16th, 2016
Citigroup, HSBC are among firms targeted by regulators, according to people close to the probe American banks have so far escaped the billions of dollars in fines that have been levied by U.S. and British regulators leading a global ...
Shares Jump From Europe to Japan as Oil Holds Rally; Yuan Soars
February 16th, 2016
Absence of post-holiday China selloff bolstered sentiment Draghi said ECB will act should turmoil hit price stability Stocks came back with a vengeance amid speculation losses that sent global equities into a bear market had gone too far, with ...
Uberima unveils social-conscious short-term loans
February 15th, 2016
Uberima, a FinTech company set up as a for-profit Social Enterprise, intends to transform how consumers are served by the financial services industry. Uberima’s first objective is to revolutionise the broken short-term and payday loan industry, by having a ...
Oil prices turned lower as Iran loads shipment for Europe
February 15th, 2016
Oil prices turned lower again today after soaring at the end of last week as Iran prepared to ship its first consignment of the commodity since sanctions were lifted, reigniting worries over a global supply glut. Both main contracts ...
Nikkei surges 7%, Topix up 8.3%; China lose ground
February 15th, 2016
Asian stocks mostly climbed on Monday, with Japan shares surging after last week’s sharp selloff. But China’s shares lost ground as its markets re-opened after the week-long Lunar New Year holiday. The Nikkei 225 retraced losses some of Friday’s losses, jumping ...
Gold outlook improves
February 12th, 2016
There is a conflation of three related events that materially alter the prospects in favour of a higher gold price. The change in the outlook for US interest rates has probably put an end to the dollar’s four-year bull ...
