Search Results for: One Financial Markets
Argentina to investigate holdouts’ investments
August 5th, 2014
Argentina’s markets watchdog on Monday launched an investigation into what it believes may have been unlawful speculation by holdout creditors whose litigation against the country for repayment of their defaulted bonds pushed it into a new default last week. ...
EU regulation concerning restrictive measures in view of Russia’s actions
August 4th, 2014
The Cyprus Securities and Exchange Commission (CySec) informs the Cyprus Investment Firms, Management Companies, Administrative Services Companies and Regulated Markets (‘the Regulated Entities) about the publication in the Official Journal of the European Union, on July 31, 2014, of ...
Investors Cheer Portuguese Bank Rescue
August 4th, 2014
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s slide and pushing bond yields lower across the board. Lisbon ...
Commercial Bank announces new executive appointment
August 4th, 2014
Commercial Bank is pleased to announce the appointment of Mr. Colin Macdonald as Executive General Manager, Business Enablement. In a statement, Mr. Hussain Alfardan, Vice Chairman and Managing Director of Commercial Bank said; “Colin has wide banking experience built ...
Will Europe start to lend again?
August 4th, 2014
The European Central Bank will take over supervising banks in Helsinki and Lisbon in November after finding out unprecedented scrutiny to their books. The reason for doing so is to restore confidence in the euro zone’s banks, battered by ...
Asian shares pressured by Wall Street, geopolitical tensions
August 4th, 2014
Fears of further declines on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle. Japan’s Nikkei average ...
Futures drop after Wall Street sell-off
August 1st, 2014
U.S. stock futures traded lower on Friday following a big sell-off on Wall Street. Most Asian stock markets declined but losses were limited by upbeat reports on China’s economy. Dow futures fell 0.34%, S&P 500 futures were down 0.37% ...
Simmons enters South Africa with Fasken Martineau alliance
August 1st, 2014
Simmons & Simmons has gained a South African presence by allying with Canadian firm Fasken Martineau’s recently-acquired Johannesburg operation. Fasken Martineau merged with the 76-lawyer Johannesburg-based Bell Dewar in February 2013, which brought in expertise in mining, infrastructure, energy, ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
China’s factories expand as global trade flourish
August 1st, 2014
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...
