Search Results for: equity markets
Even Small, Well-Run Countries Can’t Escape The Currency War
November 13th, 2015
The old saying “When elephants fight, the grass gets trampled” captures perfectly the dilemma of the world’s non-superpowers. From Brazil to Thailand to non-eurozone Europe, the currency war raging between the leading economies is creating collateral damage. ...
‘Too big to fail’ Chinese banks face $400 billion capital call
November 11th, 2015
China‘s four biggest banks may have to raise up to $400 billion to meet new global capital rules, an onerous task that could pressure them to slow down lending at a time when Beijing wants them to help prop ...
Goldman’s BRIC Era Ends as Fund Folds After Years of Losses
November 9th, 2015
BRIC fund loses 21% in five years, leading to investor exodus Acronym-based investment strategy comes under greater scrutiny The BRIC era is coming to an end at Goldman Sachs Group Inc. The bank’s asset-management unit folded its money-losing BRIC ...
Nikkei, Shanghai outperform lackluster Asia
November 9th, 2015
Asian stocks diverged on Monday, with markets in China and Japan leaping to their highest levels since August 21 while other regional bourses wobbled after below-view trade figures released at the weekend from China. October exports fell 6.9 percent from a ...
SGX establishes connectivity with CME Group co-location facility
November 4th, 2015
Singapore Exchange (SGX) today announced that it will establish a presence in the CME Group co-location facility based in Aurora, Illinois, to provide direct connectivity for customers between the two facilities. The SGX Chicago Hub, hosted within the CME ...
Major Global Banks announced their results for 3Q 2015
November 4th, 2015
HSBC, Credit Suisse, Commerzbank, BNP Paribas and Barclays have issued statements to inform public and investors for their results regarding the 3rd Quarter of 2015. HSBC Holdings plc 3Q 2015 Earnings Release Highlights Reported PBT up 32% in 3Q15 ...
Visa To Keep UK Presence After BoE Steps In
November 2nd, 2015
The Bank of England wants Visa Inc to keep a big UK presence after the $23.5bn takeover of Visa Europe, Sky News learns. The Bank of England has told the credit card giant Visa to keep a substantial presence ...
KCG reports consolidated revenues of $377.0 million for the Third Quarter
November 2nd, 2015
KCG reports consolidated revenues of $377.0 million and pre-tax earnings of $35.4 million for the quarter KCG Holdings, Inc. (NYSE: KCG) today reported consolidated earnings of $21.9 million, or $0.24 per diluted share, for the third quarter of 2015. Included in ...
Japan’s Biggest Brokerages Tumble After Posting Lower Earnings
October 29th, 2015
Nomura falls the most in two months as profit drops 12% Global market turmoil also dented trading income at Daiwa Nomura Holdings Inc. and Daiwa Securities Group Inc., Japan’s biggest brokerages, fell the most in at least in a ...
Oil Prices Post Largest Gain in Nearly Two Months
October 29th, 2015
Prices rise on new option to send U.S. oil to Mexico and smaller-than-expected stockpile addition The benchmark U.S. oil price soared to its largest gain in two months, as traders rushed to close bearish bets following news that the ...
