Search Results for: dollar
Asian stock markets mostly down despite US closing highs
March 3rd, 2015
Stock markets in Asia were mostly down on Tuesday, despite markets in the US, where both the Dow Jones and the S&P 500 closed at all-time highs. Australia’s benchmark S&P/ASX 200 was down 0.62% at 5,922.00 points in afternoon ...
Gold may take a shine to $1,700 an oz. by 2016
March 2nd, 2015
Don’t expect to see much of a climb in gold prices this year, but a spike to $1,700 an ounce or more could come as early as the summer of 2016. Gold futures prices on Comex closed at $1,210.10 ...
European Banks’ Reciprocity Draws Scrutiny
March 2nd, 2015
When Deutsche Bank AG hired 25 banks last summer to help it raise about $9 billion of new capital, it made some unusual selections. In addition to a handful of Wall Street stalwarts, three Italian banks made the cut. ...
Biggest Global Banks Go to Pieces Under Pressure From Regulators
February 27th, 2015
Global regulators have issued dozens of rules aimed at making the biggest banks safer. That’s leading to another result some wanted: making them shrink. HSBC Holdings Plc, Europe’s biggest bank by market value, said this week it’s considering “extreme ...
Bank of England could issue own digital currency
February 27th, 2015
Like its counterparts in the US, the Bank of England is pondering the implications of issuing its own digital currency. The potential of a central bank-backed digital currency is touched on with the publication of the BofE’s ‘One Bank Research ...
FCC Votes ‘Yes’ on Strongest Net-Neutrality Rules
February 27th, 2015
Net-neutrality advocates quite literally danced in the snowy streets Thursday outside the Federal Communications Commission in Washington just before the agency voted to approve the strongest ever rules on Net neutrality. The vote marks the culmination of a yearlong struggle ...
Japan’s shares at fresh 15-year high on weaker yen
February 27th, 2015
Shares on Japan’s main index were up on Friday morning due to a weaker yen against the US dollar and despite a raft of mostly disappointing economic figures. In Tokyo, the benchmark Nikkei 225 was up 0.24% in early trade at ...
Deutsche Bank and Hewlett-Packard sign agreement
February 26th, 2015
Deutsche Bank and Hewlett-Packard (“HP”) today announced a ten-year, multibillion dollar agreement that will further modernise the Bank’s global information technology (IT) environment and aims to significantly reduce related IT infrastructure costs. Under the terms of the agreement, which ...
Asian stocks higher on earnings, China factory
February 26th, 2015
Asian stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about increasing interest rates. Keeping score: Japan’s Nikkei 225 rose 0.6 ...
Asian shares rise after Yellen stresses policy flexibility
February 25th, 2015
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. Shares extended gains after an index of Chinese factory activity eked ...
