Search Results for: Asia
China stock markets rally after surprise rate cut
February 5th, 2015
China markets are rallying after the mainland’s central bank unexpectedly cut a key lending rate on Wednesday. The People’s Bank of China lower the required reserve ratio (RRR) for banks by 50 basis points in an attempt to stimulate the slowing ...
Investors Pour Record Amount Into European High-Yield Bond Funds
February 3rd, 2015
Over €1 billion Moved Into European High-Yield Bond Funds in Week Ending Jan. 28. Mario Draghi plans to get Europe’s economy up and running, but he has also sent investors stampeding into riskier corners of the region’s bond market. Investors ...
KCG announces Consolidated Earnings
February 2nd, 2015
KCG One of the World’s Largest Independent Market Makers issued a press release for: Consolidated Earnings of $0.23 Per Diluted Share for the Fourth Quarter of 2014 Pre-tax income from continuing operations of $26.5 million includes a net charge ...
Baker Tilly International Reports 5% Increase In Global Revenues
February 2nd, 2015
Baker Tilly International has reported annual revenues of US$3.6bn for the financial year ending 30 June 2014, a year-on-year increase of 5%. The network’s ranking has been maintained as the world’s 8th largest accounting and business advisory network. Commenting ...
Greek finance minister Yanis Varoufakis to visit London
January 30th, 2015
Yanis Varoufakis to meet George Osborne and City bankers on whistlestop tour of Europe to drum up support for Athens’ Syriza government The new Greek finance minister is to call on George Osborne and City bankers next week as part of ...
PwC: Creating winning culture essential if financial services firms are to flourish
January 29th, 2015
Cultural change in the financial services sector globally is destined to fail if players continue to focus on it primarily as a compliance requirement, according to a paper just published by PwC. The paper, ‘Forging a winning culture’, which ...
Standard Chartered CEO Is Under Pressure From Shareholders, Regulators, Staff
January 29th, 2015
Bank’s Top Shareholders Privately Push for New Leadership Amid Investor, Regulatory Anxiety Hundreds of Standard Chartered PLC’s most senior executives gathered earlier this month on Singapore’s Sentosa island to address the global bank’s dimming fortunes. From a lectern at ...
$11 Billion Wiped From Greek Banks on Nationalization Threat
January 29th, 2015
The amount that investors gave Greek lenders last year was wiped off in three days of trading amid the threat of greater government control. In a bid to boost balance sheets, the nation’s banks raised more than $11.5 billion ...
2014 Mining and Metals deal volume and value lowest in 10 years
January 28th, 2015
Deal volume in the global mining and metals sector reached a 10-year low in 2014, with transactions driven by divestments and forced sales in the face of falling commodity prices and risk-averse capital markets. EY analysis released today ...
MAS Monetary Policy Statement
January 28th, 2015
Since the last Monetary Policy Statement in October, developments in the global and domestic inflation environment have led to a significant shift in Singapore’s CPI inflation outlook for 2015. As part of its ongoing economic surveillance, MAS has assessed ...
