Search Results for: Asia
China stocks plunge as market rout deepens
July 3rd, 2015
China‘s main stock benchmark plunged more than 5 percent Friday as government stabilizing measures failed to reassure panicky investors while other Asian indexes fell ahead of Greece‘s weekend austerity referendum. KEEPING SCORE: The Shanghai Composite Index in mainland China ...
EY promotes 753 new partners worldwide
July 2nd, 2015
Ernst & Young (EY) today announced the promotion of 753 of its people to partner, its largest increase since 2008 and a 12% increase over 2014. This year, EY added a record number of women to its ranks of ...
Agreement with RBS confirms BNP Paribas’ commitment to Cash Management and Trade Finance in Europe and internationally
July 2nd, 2015
BNP Paribas has been selected by RBS to act as the ‘referral bank’ for its Cash Management and Trade Finance clients affected by the latter’s decision earlier this year to focus its transaction services business on its home market ...
Computop and Bitnet Enable Merchants to Accept Bitcoin as Payment
July 1st, 2015
Computop, a leading payment service provider (PSP), and Bitnet, a bitcoin payments processor, today announced a strategic technology partnership. Through this partnership, global merchants will be able to accept bitcoin as a payment method on Computop Paygate. Bitcoin is ...
Moscow Man to Sue Russian Central Bank for Collapse of the Ruble
July 1st, 2015
A Russian man angry with last year’s sharp ruble devaluation is taking the Central Bank to court over its decision to cease intervening to prop up the Russian currency, news agency RIA Novosti reported Tuesday, citing the press secretary of a Moscow court. “V. A. Simonov has ...
Oil Faces Steep Downside Risk From China’s Stock Market
July 1st, 2015
Oil markets face a lot of downside risk – high crude oil inventories in both the U.S. and Europe, resilient production from U.S. shale, increasing output from OPEC, a nuclear deal with Iran, the turmoil in Greece – but one has not ...
Fidessa unveils new low-latency DMA platform
June 30th, 2015
Built on next-generation high-performance technology Fidessa group plc (LSE: FDSA) today announced the launch of its new low-latency DMA platform that provides brokers with high-performance, scalable and consistent access to global equity and derivatives markets. Built on Fidessa’s latest ...
Greece Risk May Pose Black Swan Dangers for Emerging Markets
June 30th, 2015
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, sparking concern defaults and bank collapses could spill over to other European nations, and impose a global impact. This time, though, Europe ...
Nasdaq Launches Index Calculation System for Marketplaces
June 30th, 2015
Offering gives exchanges index producer capabilities, opportunities for new revenue streams Singapore Exchange to leverage technology to boost index services offering Nasdaq (Nasdaq:NDAQ) announced today the launch of the Nasdaq Index Calculation System, a standalone solution that provides marketplaces with ...
Euro volatility: The impact of Greece crisis has been less clear in FX than in other markets
June 29th, 2015
Euro recovers ground but still broadly down in volatile trade The euro recovered much of the ground it had lost overnight in volatile trading on Monday, but was still 0.8 percent down against the dollar, after Greece took a ...
