Search Results for: Markets
Euro hits three-month low after German data surprise
May 23rd, 2014
Asian shares hit one-year highs on Friday and bond yields were on track to notch up a broad-based rise on the week, but European markets softened after a closely watched measure of German business confidence came in weaker than ...
EU Market Rules, Logitech Probe, Finra Fines: Compliance
May 23rd, 2014
Europe’s capital markets are getting a new foundation. The 28-nation European Union’s top markets regulator yesterday made public more than 800 pages of proposed rules that cover everything from high-frequency trading curbs to transparency requirements for bond markets and ...
Barclays fined £26m by FCA
May 23rd, 2014
The Financial Conduct Authority (FCA), the Bitish regulatory body, has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to ...
Toyota Recalls 466,000 Vehicles Globally For Spare Tire, Braking Issues
May 23rd, 2014
Toyota Motor Corp said on Thursday it is recalling 466,000 minivans and cars globally, mostly in the United States, for possible faulty brakes and loss of a spare tire. The Japanese automaker said it is recalling about 16,000 Lexus GS ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
Dollar better bid after data, euro hobbled by rate cut view
May 23rd, 2014
The dollar hovered at one-week highs against the yen and held its ground on the euro early on Friday, having drifted up broadly after promising U.S. housing and factory activity data gave Treasury yields a bit of a lift. ...
FSMA to ban certain financial products’ marketing
May 22nd, 2014
The Financial Services and Markets Authority (FSMA), the Belgian regulatory authority, published an announcement as follows: The marketing of certain financial products to retail clients in Belgium will be banned starting on 1 July 2014. The Regulation to this ...
Asian stocks rise as China manufacturing improves
May 22nd, 2014
Japan’s Nikkei led gains in Asian stock markets Thursday after a manufacturing survey suggested the slowdown in China’s economy is flattening out and Fed minutes reinforced expectations the U.S. central bank won’t rush to raise interest rates. HSBC’s manufacturing ...
Majority of businesses in UK reject closer EU ties
May 22nd, 2014
OVER half of UK businesses reject the idea of closer political integration with Europe, according to new research from professional services firm Grant Thornton. Fifty-seven per cent of UK companies surveyed said they would not want to see closer ...
Sugar futures fall 0.73 per cent on sluggish demand
May 21st, 2014
Sugar prices drifted by 0.73 per cent to Rs 3,008 per quintal in futures trade today as speculators reduced positions due to sluggish demand in the spot market against higher supplies. However, a likely drop in output restricted the ...