Search Results for: First Data
Trump is said to seek cutting corporate tax rate to 15 percent
April 25th, 2017
President Trump has instructed his advisers to make cutting the corporate tax rate to 15 percent a centerpiece of his tax-cut blueprint to be unveiled this week, according to people with knowledge of his plans, even if that means ...
Oil edges up after six days of straight losses
April 25th, 2017
Oil prices inched up on Tuesday but markets remain under pressure following six consecutive sessions of declines as traders lose confidence that pledged output cuts by major producers will rein in oversupply in a world awash with fuel. U.S. ...
Asian Stocks Gain After Global Rally; Yen Weakens
April 25th, 2017
Euro holds advance following surge sparked by French elections China shares rise after selloff; investors watch North Korea Asian equities extended a global rally as Chinese shares climbed after a selloff and North Korean artillery drills did little to ...
Gulf states are spending billions to attract tourists
April 24th, 2017
Gulf states are spending billions of dollars creating ambitious strategies to attract visitors as tourism becomes a stronger plank of their economies. This week’s Arabian Travel Market in Dubai will show the changing face of the industry as entertainment ...
UN report: Social network payments now reach nearly US $3 trillion in China
April 24th, 2017
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in ...
Euro Jumps on French Result; China Selloff Resumes: Markets Wrap
April 24th, 2017
Investors bet on Macron victory after first round of voting Yen slides, U.S. futures advance while Shanghai shares slump A relief rally amid speculation that pro-growth centrist Emmanuel Macron will become France’s next president was offset by a selloff in ...
World Federation of Exchanges publishes Annual IOMA Derivatives Report
April 22nd, 2017
The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, has today published its annual report into the global derivatives market. Highlights of the report are as follows: – Derivatives volumes continued ...
Asian Stocks Gain on Kuroda, U.S. Tax Reform Hopes: Markets Wrap
April 21st, 2017
BOJ head Kuroda sees accommodative policy continuing in Japan Steve Mnuchin says tax reform in U.S. will be sweeping Equities climbed across Asia as optimism spread for a U.S. tax overhaul and the yen weakened after Bank of Japan ...
Oil prices set for biggest weekly drop in a month
April 21st, 2017
Oil traded steady on Friday, though it was set for its biggest weekly drop in about a month over doubts that an OPEC-led production cut will restore balance to a market that has been dogged by oversupply for more ...
PM markets: traders weigh European drought, US rains
April 20th, 2017
Wheat prices in the Chicago and Paris saw early gains, helped by fears that time is running out for much needed rains in Europe and North Africa, but the rallies failed later in the day, as a strong forecast ...
