Search Results for: Allen
Markit launches centralised FX trade confirmation service
August 10th, 2015
Citi and J.P. Morgan first to confirm FX options trades Markit (Nasdaq: MRKT), a leading global provider of financial information services, today announced the launch of its FX trade confirmation service. The service matches FX option trade terms to ...
China About To Make History — Again
August 10th, 2015
Any discussion of China has to open with the now-widely-understood fact that the numbers it reports are not to be trusted. Knowing this makes it easy to dismiss claims of high and consistently-on-target GDP growth, for instance, as a ...
Dentons, NextLaw Labs and IBM Cloud fuel legal tech startups
August 10th, 2015
Dentons, the global law firm, today announced that NextLaw Labs, its collaborative innovation platform, has joined with IBM to create a technology platform program using IBM Cloud to enable startups to create and deploy legal applications more quickly. NextLaw Labs ...
Deloitte appoints Alan Teixeira as global IFRS research director
August 10th, 2015
Former IASB senior technical director to establish new Deloitte IFRS research initiative Deloitte, the business advisory firm, has appointed Alan Teixeira as global director of international financial reporting standards (IFRS) research. As a leading technical expert in developing global ...
The Saudi Oil Price War Is Backfiring
August 10th, 2015
Saudi Arabia has long enjoyed the status of being the top crude oil exporter in the world. With record production of 10.564 million barrels per day in June 2015, Saudi Arabia has been one of the major driving forces ...
Suez Canal Upgrade May Not Ease Egypt’s Economic Journey
August 7th, 2015
“Egypt Rejoices,” the television networks and newspapers declared, announcing “Egypt’s gift to the world.” Businesses were closed, the streets of Cairo were empty, and the airwaves were full of patriotic songs and music videos — all featuring adoring images of ...
Bitcoins lost in Mt. Gox debacle ‘not subject to ownership’ claims: Tokyo court
August 7th, 2015
The Tokyo District Court on Wednesday dismissed a lawsuit by a man seeking repayment for bitcoins he kept in an account at the bankrupt exchange Mt. Gox Co., with the ruling saying the virtual currency is “not subject to ...
Oil Prices Near Six-Year Lows on Oversupply Fears
August 7th, 2015
Increased stockpiles and worries over China’s demand feed bearish momentum Oil prices dropped toward six-year lows Thursday on concerns that the global crude glut will worsen when the U.S.’s busy summer-driving season comes to a close. Prices have slid ...
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion
August 6th, 2015
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy in order to meet the 2% inflation target and in a way that helps to sustain growth and employment. At its meeting ending on 5 August 2015, the MPC ...
This Precious Metal Needs a Silver Bullet
August 6th, 2015
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...