Search Results for: IG Group
Pound Suffers on Scotland Poll
September 8th, 2014
Sterling dropped as opinion polls highlighted the risk Scotland will vote for independence next week, potentially splintering the U.K.’s 307-year-old union. Britain’s currency slid to the weakest against the dollar since November after a poll by YouGov Plc showed ...
Alibaba announces share sale details
September 8th, 2014
China’s biggest e-commerce firm Alibaba Group Holding says it expects to price its initial public offering (IPO) at between $60 and $66 per a share. It has filed to sell up to $24.3bn (£15bn) stock, which would make it ...
Russian European food sanctions have consequences
September 5th, 2014
Bas Feijtel has a bumper crop of pears and no place to sell them all, so he’s leaving a quarter of them to rot. That’s because the price he gets for his pears plunged 70 percent from last year after ...
Japan PM’s stance on next tax hike ‘utterly neutral’
September 5th, 2014
Prime Minister Shinzo Abe stands “utterly neutral” on whether to decide in December to raise the sales tax again next year but he will be very cautious in his decision given the potential blow to the economy, Japan’s economy ...
MFSA warns of suspicious Facebook posts
September 5th, 2014
The Malta Financial Services Authority (MFSA) has recently become aware of a number of posts on Facebook that contain offers of loans to the public in Malta of between €1,000 and €500,000 at an annual interest rate of 3%. ...
U.S. Trade Deficit Shrinks
September 5th, 2014
The good news? The overall U.S. trade deficit unexpectedly shrank a bit less than 1 percent in July from June. It was the smallest gap in half a year, and exports broke a record. The bad news? The U.S. ...
Down again! How low can Apple’s stock go?
September 5th, 2014
Apple (AAPL) shares got hit again Thursday following their colossal drubbing Wednesday. Shares of Apple closed down 81 cents, or 0.8%, to $98.12 in late-day trading Thursday as investors cool off from a remarkable bull run this year. Concerns ...
Bank of England Resists Change to Interest Rate
September 4th, 2014
To raise or not to raise, that is the question — in Britain, at least. On Thursday, nearly a month after two monetary policy makers at the Bank of England broke ranks from the majority and voted to raise ...
China’s State Media Join Brokerages Saying Buy Equities
September 4th, 2014
China’s state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world’s biggest population to buy more stocks. The official Xinhua News Agency published at least ...
Germany’s €6bn mega-float puts London on notice
September 4th, 2014
Europe’s biggest online fashion player Zalando, a rival to Britain’s Asos, plans to raise more than €500m (£399m) to fund its expansion by listing a stake on the Frankfurt stock exchange. The announcement comes as London’s tech community launches ...
