Search Results for: Global share
Asian Stocks Retreat From Six-Year High as Kiwi Advances
June 12th, 2014
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...
Asian stocks weak on world bank growth downgrade
June 11th, 2014
Asian stock markets were weak on Wednesday, dragged down by the World Bank’s lower global growth forecast. The bank cut its forecast for global economic growth this year to 2.8 percent from the 3.2 percent it forecast in January. ...
European Stocks Little Changed Before U.K. Output Report
June 10th, 2014
European stocks were little changed, after yesterday rising to their highest level in more than six years, as investors awaited a report on U.K. industrial production. U.S. index futures slipped, while Asian shares rose. Bank of Ireland Plc dropped ...
High-Speed Trading Rules Coming From SEC
June 6th, 2014
U.S. Securities and Exchange Commission Chair Mary Jo White unveiled the regulator’s most sweeping plan yet for reining in high-frequency trading and monitoring dark pools and other secretive trading practices in the world’s largest equity market. Proprietary traders who ...
Goldman Sachs Bolsters Asia Mergers Team Amid Rising Volumes
June 5th, 2014
Goldman Sachs (GS.N) has named John Kim as its new head of mergers and acquisitions (M&A) for Asia ex-Japan and will relocate Christos Tomaras from London to join that team, amid surging deal volumes in the region. Kim takes ...
Illegal Bitcoin IPO Actually Worked Out Pretty Well for Investors
June 4th, 2014
Today the Securities and Exchange Commission shut down a bitcoin investing scam that, as bitcoin investing scams go, is disappointingly un-scammy. A very bitcoiny guy named Erik Voorhees1 started some very bitcoiny companies called SatoshiDICE and FeedZeBirds,2 and he ...
Gunfire in Karachi, Stocks Drop on Report of Politician’s Arrest
June 4th, 2014
Shops closed and public buses stopped operating in Pakistan’s biggest city a day after U.K. police questioned Karachi’s most powerful political figure as part of a money-laundering investigation. About 400 people blocked one of Karachi’s main streets to protest ...
Dow, S&P end at records; Apple, Google drag on Nasdaq
June 3rd, 2014
The Dow and the S&P 500 finished at record highs again on Monday after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated. Industrials and material stocks were among the day’s biggest ...
The New Paradigm for Banks
May 30th, 2014
Why are U.S. banks having a harder time making money? It’s a question that extends well beyond business models, operating environments and market valuations to the role they play in the economy, during good times and bad. Financial institutions ...
Gold nears worst week since March as stocks climb, demand falls
May 30th, 2014
Gold steady above $1,250/oz, heads for 3 pct weekly loss * Improved appetite for risk pushes stock markets higher * Premiums fall in India; demand soft across Asia-traders (Updates throughout, changes dateline, pvs SINGAPORE) Gold steadied on Friday ...
