Search Results for: Bank of Canada
World Economic Forum: Jordan in $12bn investment drive
May 22nd, 2015
Dead Sea // Jordan plans to unveil a multibillion-dollar programme of foreign investment and create thousands of new jobs in the country at the World Economic Forum on the Middle East and North Africa. King Abdullah will formally open the ...
Oil Sector May Not Cause Financial Apocalypse After All
May 7th, 2015
Across the oil patch, banks are starting to close off their exposure to some of the riskiest oil drillers. A new monthly survey from the Federal Reserve finds that banks that have issued loans to oil drillers are projecting some of ...
EU’s Energy Chief on the Hunt for Non-Russian Gas
April 15th, 2015
EU officials are holding talks with a range of non-Russian suppliers and one day could buy gas from Iran, Europe’s climate and energy chief has said, setting aside a Gazprom warning that Europe should not block its gas strategy. Russia’s Gazprom on Monday said blocking its ...
Coinsetter Acquires Canadian Bitcoin Exchange CAVIRTEX to Expand Company’s Global Footprint
April 9th, 2015
Wall Street-based Coinsetter will move CAVIRTEX headquarters office to Toronto and integrate its institutional-class exchange technology to offer Canadian bitcoin traders a best-in-class Canadian Dollar bitcoin exchange Coinsetter, the global bitcoin exchange based in New York City, today announced ...
IBM hire advisers to deal with restless investors – sources
April 3rd, 2015
Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman’s Pershing Square and Jeffrey Ubben’s ValueAct, ...
HKBN Raises $750 Million in Hong Kong’s Biggest IPO This Year
March 5th, 2015
Broadband-services provider HKBN Ltd. raised US$750 million after pricing its Hong Kong initial public offering at the top end of the price range, people familiar with the situation said Thursday, making it the second-largest IPO in Asia Pacific this ...
International and regional bodies that combat money laundering (part B)
March 2nd, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Local investors regain largest share of HKEx’s securities market trading
February 17th, 2015
Local investors have regained the largest share of securities market trading at Hong Kong Exchanges and Clearing Limited (HKEx), according to the findings from HKEx’s Cash Market Transaction Survey 2013/14. The survey found local investors contributed 45 per cent ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...
Asian shares skid as bullish Fed take investors by surprise
January 29th, 2015
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year despite an uncertain global outlook. A greater likelihood of ...
