Peugeot owner to buy Open-Vauxhall creating Europe’s second-largest carmaker
March 6th, 2017
Establishes PSA Group as #2 in Europe. This strong and balanced presence in its home markets will serve as the basis of profitable growth worldwide Joint venture in auto financing with BNP Paribas to support development of Opel/Vauxhall brands ...
Yen Gains on Korea Tensions While Asia Stocks Rise
March 6th, 2017
Investors also assess China economic growth, Yellen comments Central banks in Australia, Europe on the calendar this week Escalating geopolitical tensions sparked a rise in the yen. while most Asian equities advanced as investors assessed statements from China’s National People’s ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
Snapchat founders, investors cash out nearly $1 billion in Snap IPO
March 3rd, 2017
Snap Inc.’s initial public offering raised nearly $2.5 billion for Snapchat’s parent company, but it is also raising nearly $1 billion for the founders and early investors. Snap SNAP, +44.00% announced Wednesday evening that it will sell 200 million ...
BUSINESS DEVELOPMENT OFFICERS
March 3rd, 2017
Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the best trading educators, ...
Moscow Exchange reports total trading volume of RUB 63.9 trln in February 2017
March 3rd, 2017
In February 2017, total trading volume across Moscow Exchange”s markets was RUB 63.9 trln. The Equity and Bond Market posted the strongest growth (+34.7%) during the month, with bond trading volumes rising by 77.4%. Money Market trading volumes also ...
Mobile payments in China exceed US$1tn in one quarter
March 2nd, 2017
China’s Third-party Mobile Payments Size Hit RMB9,041.9 Billion(US$ 1314.23 billion) in 2016 Q3 In 2016 Q3, China’s third-party mobile payment market reached RMB9,041.9 billion in size, a jump of 20.5% quarter on quarter, shows the Quarterly Monitoring Report on ...
Turnover at Deutsche Börse’s cash markets at €109.0 billion in February
March 2nd, 2017
Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €109.0 billion in February (February 2016: €130.7 billion). Of the €109.0 billion, €97.8 billion were attributable to Xetra (February 2016: €120.7 billion). The ...
Global Stock Rally Shifts to Asia After U.S. Highs: Markets Wrap
March 2nd, 2017
Japan’s Topix at highest since December 2015 as yen slumps Dollar climbs as Fed official supports rate hike ‘soon’ The bulls are gaining momentum as the global equity rally stretched to Asia. Tokyo shares jumped to the highest level ...
Snapchat IPO considered overvalued by analysts
March 1st, 2017
Snapchat owner Snap Inc. hopes to fetch between $14 and $16 per share in its initial public offering this week but analysts think it may be overvalued. The popular mobile app, which allows users to send photos and videos ...
