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 ...
Asia stocks bounce back but Greece uncertainty still looms
June 30th, 2015
Asian stock markets bounced back Tuesday, recouping some of the previous day’s sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. Japan’s benchmark Nikkei 225 gained 0.4 percent to 20,189.02 after ...
On June 30 scientists will add a second and trading firms have to be prepared
June 29th, 2015
On June 30, time will stand still. Just for a second — a leap second. Since 1967, when clocks went atomic, human timekeeping has been independent of the earth’s rotation. The problem is, the planet is slowing down and ...
Another Week, Another Chinese Gold Mine
June 26th, 2015
Though the true amounts are debatable, it’s generally conceded that China is importing a lot of gold. What’s not included in this calculation — but should be — are the deposits its mining companies are acquiring overseas. This gold-in-the-ground ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
HSBC dumps China PMI as Beijing tightens information flows
June 26th, 2015
For those on wanting to understand China there is one economic statistic more closely watched than any other. It’s the Flash Purchasing Managers Index – or PMI – which is released in the last week of every month. The index claims to be ...
Asia stocks fall, euro drifts as Greek crisis deepens
June 26th, 2015
Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted in narrow range as the debt saga sidelined investors. ...
Top stories of the day June 25
June 25th, 2015
1. European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek ...
Global Index Ranks Countries Best Equipped to Thrive in the Face of Unprecedented Change
June 25th, 2015
2015 KPMG Change Readiness Index highlights the impact of inclusive growth and income inequality on the capacity for responding to change. KPMG International today released its 2015 Change Readiness Index (CRI), ranking 127 countries for their capacity to prepare ...