Search Results for: Shares
HKEx celebrates the launch of Shanghai-Hong Kong Stock Connect
November 18th, 2014
Hong Kong Exchanges and Clearing Limited (HKEx) hosted a ceremony at its Exhibition Hall today to celebrate the successful launch of Shanghai-Hong Kong Stock Connect with about 500 guests and journalists. The Chief Executive of the Hong Kong Special ...
Halliburton to Buy Baker Hughes for $34.6 Billion, Sell Assets
November 17th, 2014
Halliburton Co., the world’s second-biggest provider of oilfield services, agreed to buy No. 3 Baker Hughes Inc. in one of the largest takeovers of a U.S. energy company in years. Baker Hughes shareholders will receive 1.12 Halliburton shares plus ...
Dubai Parks and Resorts Launches Dhs2.5bn IPO On DFM
November 17th, 2014
Dubai Parks and Resorts, the recently-created subsidiary of Dubai-based developer Meraas Holding, which is building a mega theme park complex in the emirate, announced on Monday that it has launched its Initial Public Offering (IPO) on the Dubai Financial ...
BoE’s Carney says may need to regulate bankers’ fixed pay
November 17th, 2014
Regulators may need to look at new rules to control the fixed pay of bankers as well as their bonuses so that it can be clawed back in the event of wrongdoing, the governor of the Bank of England ...
Yen Falls to 7-Year Low on Election-Stimulus Speculation
November 17th, 2014
The yen strengthened after falling to a seven-year low against the dollar as demand for safer assets revived following a report that showed Japan’s economy unexpectedly sank into a recession. Japan’s currency climbed from the weakest level since October ...
China to Waive Capital-Gains Tax for Foreigners on Link
November 14th, 2014
China will waive capital-gains taxes for foreign stock investors using the Shanghai-Hong Kong (HSCEI) bourse link, clarifying its rules three days before the program’s debut provides unprecedented access to mainland shares. Chinese individuals who buy Hong Kong equities through the link get a ...
Warren Buffett’s Berkshire Hathaway buys Duracell for $4.7bn from Proctor and Gamble
November 14th, 2014
Warren Buffet’s Berkshire Hathaway has bought up Procter and Gamble’s (P&G) bunny-led battery brand Duracell. The investment firm paid $4.7bn (£3bn) in the form of P&G shares returned to the consumer goods giant- its entire stake in the business. ...
China Stocks Fall on Last Day Before Link Start as Brokers Drop
November 14th, 2014
Chinese stocks fell on the last trading day before the start of the trading link between Hong Kong and Shanghai amid concern recent rallies were excessive. China Communications Construction Co. (601800) and ChinaCAMC Engineering Co. led declines for industrial companies with losses of more than 3 ...
SEC Seeks $329 Million From Wylys in Illegal Trading Case
November 13th, 2014
Samuel Wyly and the estate of his brother Charles should pay $329 million for using offshore accounts to hide stock holdings and engage in illegal trading, regulators argued in seeking to increase the penalty ordered by a judge. Wyly ...
BNP Paribas: The five ways Bitcoin can shake up the financial services world
November 12th, 2014
Bitcoin could become a market-leading technology that will change the way financial systems are engineered says BNP Paribas, in an analysis of the potential disruptive impact of the crypto-currency on banking and asset servicing. In an article for the ...
