Search Results for: Advanced Markets
Acquisition of real-time foreign exchange solutions provider by Broadridge Financial Solutions
January 5th, 2015
Broadridge Financial Solutions, Inc. (NYSE:BR) has acquired TwoFour Systems LLC, a provider of real-time foreign exchange solutions for banks and broker-dealers, to address the rising demand for advanced FX and cash management technology among financial institutions. TwoFour Systems LLC ...
Singapore’s Stock Exchange Looks to Make Trading More Attractive for Individuals
December 31st, 2014
Singapore Exchange Ltd. (SGX) is looking to individual investors to boost Southeast Asia’s biggest stock market after trading volume this year tumbled the most since the 2008 global financial crisis. The bourse will cut the standard lot size for ...
Yen Weakens Third Day as BOJ Maintains Easing; Aussie, Kiwi Gain
December 19th, 2014
The yen fell for a third day against the dollar as the Bank of Japan maintained unprecedented stimulus that has seen the exchange rate decline for five straight months. Japan’s currency fell at least 0.3 percent versus all 16 ...
Dollar Gauge 0.1% From Five-Year High After Fed as Won Slides
December 18th, 2014
A gauge of the dollar was 0.1 percent from a five-year high amid speculation the Federal Reserve will raise interest rates next year after removing a pledge to keep them low for a “considerable time.” The U.S. currency matched ...
Standard Chartered to sell Hong Kong consumer business to Pepper-linked consortium: sources
December 16th, 2014
Standard Chartered (STAN.L) has agreed to sell its Hong Kong-based consumer finance business to a consortium that includes Pepper Australia Pty Ltd and a Chinese group, in a deal estimated between $600 million to $700 million, two people with ...
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
SAFECHARGE acquires CREDITGUARD LTD
December 12th, 2014
SafeCharge (AIM: SCH), a leader in advanced payment technologies, today announces the acquisition of CreditGuard Ltd (“CreditGuard”), for an initial cash consideration of US$8 million (NIS 31.4 million) and deferred consideration capped at US$0.4 million (NIS 1.7 million), subject ...
Yen Drops First Time in Four Days Before Elections as Won Gains
December 11th, 2014
The yen fell for the first time in four days on speculation Prime Minister Shinzo Abe’s Liberal Democratic Party will win an election this weekend and extend measures that have weakened the currency. The yen dropped versus all of its 16 ...
European Stocks Fall From 2008 High; Sika, Saint-Gobain Plunge
December 8th, 2014
A slump in construction companies sent European stocks down after a four-week rally. The Stoxx Europe 600 Index slid 0.4 percent to 349.75 at 9:34 a.m. in London after a 1.1 percent increase last week propelled it to its ...
U.S. Shares Rise With Dollar as Oil Surges Amid Data
December 3rd, 2014
U.S. stocks rose toward records, as energy shares rallied with the price of crude and investors weighed data on hiring and the services sector. European equities climbed and the dollar gained on speculation the region’s central bank will add ...
