Search Results for: Shares
Yen Holds Biggest Gain in a Week on Stock Drop
July 8th, 2014
The yen remained higher after a gain yesterday that was the biggest in a week, as U.S. stock futures point to declines in the Standard & Poor’s 500 Index and after Japan reported a bigger-than-expected current-account surplus. The currency ...
WiFi provider Gowex goes bankrupt and admits falsifying accounts
July 7th, 2014
One of the brightest stars of the Madrid stock market came crashing down to earth on Sunday, after WiFi provider Gowex was forced to declare bankruptcy and admit that its chief executive and founder had falsified the company’s accounts ...
Australia Announces Exploration Development Incentive
July 7th, 2014
The Australian Government has announced a new Exploration Development Incentive (EDI) that will assist junior explorers in raising capital from private sector investors through a refundable tax offset. The legislation is still being finalized, but Acting Assistant Treasurer Mathias ...
Rupee retreats from lows as cbank steps up dollar purchases
July 4th, 2014
Rupee was trading at 59.80/81 versus its close of 59.73/74 as the central bank steps down dollar purchases while a fall in the domestic sharemarket also hurts. Dealers say the central bank has been spotted buying dollars sporadically via ...
SEC charges five traders for short selling violations
July 3rd, 2014
The Securities and Exchange Commission (SEC) has charged five traders for committing short selling violations while trading for themselves and Worldwide Capital Inc., a Long Island, N.Y.-based proprietary firm that earlier this year paid the largest-ever monetary sanction for ...
Most Emerging-Market Stocks Advance Before U.S. Payroll Report
July 3rd, 2014
Most emerging-market stocks rose, with the benchmark index holding near a 14-month high, before U.S. jobs data and a euro-area monetary-policy decision today. Anhui Conch Cement Co. (914), China’s largest producer, rose 5.1 percent in Hong Kong after saying ...
Central Bank sells 11% stake
July 2nd, 2014
The Central Bank of Russia announced the sale of an 11% stake in Moscow Exchange to the market. The sale is in line with the Central Bank”s obligation to completely exit the shareholder capital of Moscow Exchange by 1 ...
JPMorgan Investors Show Support for Dimon in Cancer Fight
July 2nd, 2014
Jamie Dimon, whose eight years atop JPMorgan Chase & Co. (JPM) have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, raising new questions about succession plans at the biggest U.S. bank. ...
Goldman Sachs fined over dark pool pricing
July 2nd, 2014
Goldman Sachs has been fined $800,000 (£466,000) by a US regulator for “failing” to ensure that trades in its dark pool took place at the best price. The regulator said more than 395,000 trades were executed in the bank’s ...
Twitter hires former Goldman Sachs banker as CFO
July 2nd, 2014
The Goldman Sachs banker who took social media platform Twitter public has been hired to be in charge of its finances. Anthony Noto, the former US bank’s co-head of telecoms, media and technology, has been recruited as part of Twitter’s ...
