Search Results for: Asia markets
TechFinancials Joint Venture agreement with Optionfortune Trade Limited
October 21st, 2015
Joint Venture TechFinancials (AIM: TECH), a software developer that supplies simplified trading solutions to online brokers, has issued a press release to inform that: The Company has entered into a Joint Venture (“JV”) agreement with the owners of Optionfortune ...
Foreign Investors Complain About Russia’s Unpredictable Laws
October 21st, 2015
Unpredictable lawmaking is undermining Russia‘s ability to attract foreign investors, the Foreign Investment Advisory Council (FIAC) — a group of the biggest foreign companies working in Russia — told Prime Minister Dmitry Medvedev on Monday. A report by financial services ...
Credit Suisse to Raise $6.3 Billion Of Capital in Strategy Shift
October 21st, 2015
Bank plans to hold IPO of Swiss banking unit by 2017 Third-quarter profit misses estimates on investment bank loss Credit Suisse Group AG will raise about 6.05 billion Swiss francs ($6.3 billion) of capital as part of a broad ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...
ETF industry expects nearly 18% growth per year over next three to five years
October 20th, 2015
90% of ETF providers expect positive net new business in next 18 months 27% expect cumulative annual growth rate of more than 25% over next three to five years US continues to lead ETF market, though Europe and Asia ...
Morgan Stanley’s trading rout sets grim tone for fourth quarter
October 20th, 2015
Morgan Stanley on Monday warned that there was little hope for a quick turnaround in its key trading business given the persistence of global growth concerns that helped pummel the bank’s third quarter earnings. Chief Executive James Gorman was ...
U.S. Stocks Steady, Despite Pressure From Lower Oil Prices
October 20th, 2015
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. The Dow Jones Industrial Average inched up 14.57 points, or ...
Oil steadies after week of heavy losses
October 16th, 2015
Oil prices steadied on Friday, snapping a week-long decline as investors closed positions at the end of a volatile week that saw prices slide nearly 10 percent on renewed signs a global supply glut was here to stay. Brent’s ...
FTSE 100 on track for third straight day of losses
October 14th, 2015
Stocks in the U.K. dropped Wednesday, driven lower alongside Asian and other European markets after the release of yet more disappointing Chinese data underscored concerns about economic growth in that country. The FTSE 100 UKX, -0.75% fell 0.7% to 6,297.19. The index ...
Regulatory authorities of Italy and Belgium warn the public for unauthorised investment firms
October 13th, 2015
The Commissione Nazionale per le Società e la Borsa (Consob), the regulatory authority of Italy and the Financial Services and Markets Authority (FSMA), the regulatory authority of Belgium, have issued “Warning” announcements to inform investors and public for companies ...
