Search Results for: Morgan Stanley
29-Year-Old Russian Hedge Fund Founder Disappears With All The Firm’s Money
January 5th, 2015
The value of the ruble isn’t the only thing that is vanishing in Russia. A Moscow hedge fund chief executive has disappeared, along with all the money in the firm’s accounts. That’s according to a stunning feature in The ...
Oil prices rise but Opec production will keep them around $60 for 2014
December 22nd, 2014
Oil prices have risen by 2% on Monday 22 December, however analysts warn that it’s unlikely that the average price for 2014 will be above $60 per barrel (bbl). The Brent futures contract reached around $63/bbl while US crude ...
China’s Hopu Among Investors in Xiaomi
December 22nd, 2014
Chinese private-equity firm Hopu Investment Management Co. is among the consortium of investors putting a total of just over $1 billion into Xiaomi Corp. in a deal valuing the smartphone maker at over $45 billion, according to a person ...
Brent climbs above $62 as Asian markets open strong
December 22nd, 2014
Oil prices rose on Monday as Asian markets opened strongly into a holiday-shortened week and consensus spread that Brent crude futures would likely remain above $60 for the rest of the year. MSCI’s broadest index of Asia-Pacific shares outside ...
UK Government to resume sell-off of its stake in Lloyds Banking Group
December 18th, 2014
The government is to resume the sell-off of its stake in Lloyds Banking Group over the next six months, potentially disposing of a further £3bn worth of shares in the run-up to the general election. Chancellor George Osborne took ...
Dollar Snaps 3-Day Skid on Gains in Retail Sales; Krone Declines
December 12th, 2014
The dollar snapped a three-day skid after U.S. retail sales climbed the most in eight months, further evidence of a strengthening economy as the Federal Reserve considers its first interest-rate increase since 2006. The greenback gained versus most major ...
Barclays among 10 banks fined for abusing research to win deals
December 12th, 2014
TEN GLOBAL banks were fined a total of $43.5m (£27.7m) by US regulator Financial Industry Regulatory Authority (FINRA) yesterday for their attempts to misuse analysts’ research to gain lucrative jobs on Toys R Us’ attempted stock market flotation in 2010. Analysts’ research ...
Yen Drops First Time in Four Days Before Elections as Won Gains
December 11th, 2014
The yen fell for the first time in four days on speculation Prime Minister Shinzo Abe’s Liberal Democratic Party will win an election this weekend and extend measures that have weakened the currency. The yen dropped versus all of its 16 ...
Yen Heads for Biggest 3-Day Gain in a Year as Volatility Rises
December 10th, 2014
The yen strengthened, heading for its biggest three-day gain versus the dollar in more than a year, as a decline in shares around the world and slowing growth in China boosted demand for haven assets. Japan’s currency advanced against ...
Asia stocks dip, somber data offsets strong U.S. job numbers
December 8th, 2014
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...
