Search Results for: ANZ
Asia mostly higher with Nikkei leading the pack
March 2nd, 2016
Asian markets rose Wednesday, with Japan’s Nikkei 225 index leading the way after a strong finish on Wall Street overnight. The Japanese benchmark index was up 4.26 percent, with the yen hovering near the 114 handle against the dollar, after falling ...
PayPal Eyes Growth in New Alliances With Vodafone, America Movil
February 22nd, 2016
Mobile carriers are gateway to 740 million potential customers Payments business looks beyond e-commerce for revenue PayPal Holdings Inc. forged new mobile-wallet partnerships with telecommunications giants Vodafone Group Plc in Europe and America Movil SAB in Latin America, ...
Robo financial advising on the rise, but gen Xers still prefer the human touch
February 18th, 2016
Despite the growing popularity of online financial advice (known as robo-advisors), personal relationships with human advisors remain important for many Americans, according to Generations Apart – a recent study from Allianz Life Insurance Company of North America (Allianz Life) ...
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 ...
ASIC bans former director and responsible manager of Macquarie subsidiary
February 16th, 2016
ASIC has banned Mr Timothy Hornibrook of Clovelly, New South Wales, from providing financial services for a period of six years. Mr Hornibrook, formerly a director and responsible manager of Australian financial services licensee, Macquarie Agricultural Funds Management Ltd ...
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 ...
Brent crude and WTI: Oil prices jump on renewed Opec deal chatter – but analysts aren’t convinced
February 12th, 2016
Crude prices jumped today as renewed chatter about a possible production cut deal swirled around oil markets. Brent crude, the global benchmark, jumped four per cent to $31.26 per barrel. Meanwhile, West Texas Intermediate, the US benchmarked, added 3.8 per ...
Asia markets close mixed; Hong Kong shares tumble
February 11th, 2016
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after being shut from Monday through Wednesday for the Lunar New ...
Deutsche Bank Jumps as Lender Said to Consider Bond Buyback
February 10th, 2016
Cryan said in memo to staff on Tuesday bank is `rock solid’ Shares jump as much as 11%, biggest intraday gain since 2011 Deutsche Bank AG jumped the most in more than four years as Germany’s biggest bank considers ...
Oil prices rebound from sharp selloff; more volatility expected
February 10th, 2016
Crude oil prices pushed higher on Wednesday after Iran said it was open to cooperation with Saudi Arabia, partly recovering from an 8 percent fall in the previous session on concerns over demand and weak equities. Liquidity in Asia ...
