Search Results for: Asia
OPEC to keep production steady as oil rally falters
March 19th, 2015
The Organization of Petroleum Exporting Countries (OPEC) has ‘no choice’ but to maintain its current production level of 30 million barrels per day, according to Kuwait’s oil minister Ali al-Omair. Both Brent and WTI rallied briefly on Fed comments ...
Baker & McKenzie won four awards
March 19th, 2015
Baker & McKenzie has issued a press release informing that the company and its member firms have won four awards at the International Financial Law Review (IFLR) Asia Awards held in Hong Kong on 11 March. Specific, the company ...
Standard Chartered Shares Jump as New CEO Winters Draws Upgrades
March 18th, 2015
Standard Chartered Plc rose the most in two weeks as analysts at Barclays Plc and Sanford C. Bernstein Ltd. upgraded the bank, citing Bill Winters’s hiring as chief executive officer and a diminishing need to raise capital. “We expect ...
U.S. Oil Prices Fall to Fresh Six-Year Lows
March 18th, 2015
Oil prices fell further in Asian trade Wednesday with U.S. crude posting fresh six-year lows on mounting worries over rising supplies. On the New York Mercantile Exchange, light, sweet crude futures for delivery in April traded at $42.62 a ...
Schaeuble confirms Germany is a founding member of China-led AIIB bank
March 17th, 2015
Finance Minister Wolfgang Schaeuble said on Tuesday that Germany is going to be a founding member of a new international development bank backed by China along with other European countries. The move to join the Asian Infrastructure Investment Bank (AIIB), following the lead ...
Media reports said a growing number of close U.S allies to join a new China-led international development bank
March 17th, 2015
A senior U.S. diplomat said it was up to individual countries whether to join a new China-led international development bank as media reports said a growing number of close U.S. allies were ignoring Washington’s pressure to stay out of ...
Eversheds global expansion sees Ian Gray appointed as first International Managing Partner
March 17th, 2015
Law firm Eversheds has announced the appointment of Ian Gray as the firm’s first International Managing Partner with executive responsibilities for its fast-growing international operations. Since 2008-09, the firm’s revenue from international offices has grown 41%. At the same ...
ECB Warns Cyprus as Government Pushes for Georghadji’s Dismissal
March 16th, 2015
The European Central Bank warned Cypriot President Nicos Anastasiades to respect central-bank independence after the country’s government started proceedings to dismiss Governor Chrystalla Georghadji. A year after previous Cypriot central-bank chief Panicos Demetriades resigned his post following months of ...
ITG announces new capital plans
March 16th, 2015
ITG announces new capital plans and confirms receipt of notice of nomination of directors ITG (NYSE:ITG) or the “Company”, an independent execution and research broker, today provided stockholders with an update on the Company’s review of its capital allocation policies, ...
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
March 16th, 2015
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...
