Search Results for: Markets
Standard Chartered faces further US fine
August 6th, 2014
Standard Chartered warned it could face more US fines over its money-laundering controls as it reported a 20% fall in half-year profits. US regulators have identified new problems with the bank’s surveillance system, the bank said. It faces a ...
Xiaomi just took over China – is the U.S. next?
August 6th, 2014
In four short years, Chinese smartphone maker Xiaomi went from non-existence to No. 1 in China. Could the same happen in the United States? Possibly — but not anytime soon. Xiaomi captured 14% of the Chinese market in the ...
Apple, Samsung Agree to End Patent Suits Outside U.S.
August 6th, 2014
Apple and Samsung Electronics are starting to wind down their global patent battle. The companies said in a joint statement today that they have agreed to drop all suits against each other in countries outside the U.S. Claims are ...
Asia shares worn away by Wall Street, oil near nine-month low
August 6th, 2014
Asian stocks fell broadly on Wednesday while the U.S. dollar held firm after a slump on Wall Street and tensions over Ukraine smothered markets with a mood of risk aversion. Geopolitical concerns overshadowed upbeat U.S. economic data which included ...
NZ stocks join global sell-off
August 6th, 2014
New Zealand shares have eased back in a global sell-off as rising geo-political tensions and falling dairy prices took confidence out of the market. THE NZX 50 Index fell 11.936 points, or 0.2 per cent, to 5092.227 on Wednesday. ...
xCFD Offers Mobile Cross-Platform for Traders Using iOS Devices
August 6th, 2014
If you’re trader on the go and armed only with an iPad, iPhone or other iOS-driven handheld electronic device, now you can trade multiple asset classes in real-time thanks to xCFD. xCFD now offers its full cross-asset platform trading ...
Geopolitical risk is back up, Dow back down
August 6th, 2014
Just when the market was trying to find its footing, geopolitics rocked the Dow again. This time it was renewed fears that Russia might invade Ukraine. Whether the fears are simply rumor or innuendo, or real fears taken from ...
IREIT Global registers prospectus for IPO on SGX
August 5th, 2014
Investors in Singapore will soon have access to the European real estate market. IREIT Global has registered its prospectus for an initial public offering (IPO) on the SGX mainboard. Under the IPO, IREIT Global is offering almost 168 million ...
Gold steady as dollar, European equities firm
August 5th, 2014
Gold prices steadied on Tuesday as the dollar benefited from soft euro zone economic data which pushed the euro lower, while upbeat corporate earnings reports lifted European equity markets. Spot gold was at $1,288.89 an ounce at 1239 GMT, ...
FCA restricts distribution of CoCos to retail investors
August 5th, 2014
The Financial Conduct Authority (FCA) will restrict firms from distributing contingent convertible securities (CoCos) to the mass retail market from 1 October 2014. CoCos are highly complex and the FCA believes they are unlikely to be appropriate for the ...
