Search Results for: Australia
Increased U.S. Output Bolsters Oil Glut Fears Sending Prices Back Down
January 15th, 2015
Oil resumed its decline after the biggest gain since June 2012 as U.S. crude production increased, bolstering speculation a global supply glut that spurred last year’s price collapse may persist. Futures dropped as much as 1.3 percent in New York. ...
Asia shares rise after commodities rebound, dollar regains ground
January 15th, 2015
Spreadbetters see higher open for European bourses RBI surprises with rate cut, Indian stocks rally Mood over risk assets still subdued after weak U.S. data Dollar gains some respite as U.S. yields inch up after plunge Asian stocks mostly ...
Most Asian Stocks Drop; Commodities Slump, Yen Extends Advance
January 14th, 2015
Asian stocks declined, led by a retreat among materials producers, as the slump in crude prices spread to copper and the yen rose a fourth day against the dollar. BHP Billiton Ltd., the world’s largest mining company, lost 2.8 percent in ...
Asia May Revitalize Gold Prices Hurt by Fed, Barclays Says
January 13th, 2015
Gold will extend losses this year as U.S. interest rates increase, providing an opportunity for investors to buy the metal to benefit from a rebound spurred by Asian demand, according to Barclays Plc. “We expect gold prices to test ...
UBS extends use of Orc’s electronic execution solution to expand DMA Business
January 12th, 2015
Orc, a global leader in derivatives trading technology, today announced that UBS Securities (UBS) has extended its broad usage of Orc’s Electronic Execution solution to facilitate DMA on the Australian Stock Exchange (ASX) and the Chicago Mercantile Exchange (CME). ...
Dollar Slips on Wages as Oil Drops; Chinese Stocks Drop
January 12th, 2015
The dollar fell for a second day after an unexpected drop in U.S. wages clouded the outlook for interest rates, and crude oil resumed declines. Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd. surged in Hong Kong after a reorganization, while ...
Asia stocks gain on hopes for solid U.S. job report, euro probes new lows
January 9th, 2015
Asian stocks rose on Friday on upbeat expectations for the closely-watched U.S. jobs data, while the euro continued to flirt with fresh nine-year lows against the dollar. But spreadbetters expected the rebound in equities to peter out in Europe ...
Alternative Investment Manager has selected Thomson Reuters KYC Managed Service
January 8th, 2015
Thomson Reuters will work with Man Group to accelerate & streamline the KYC process Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that Man Group plc (“Man”), one of the world’s largest ...
Yen Weakens for Second Day as Stocks, Oil Rally; Aussie Advances
January 8th, 2015
The yen fell for a second day against the dollar as stocks rose around the world before U.S. reports this week that economists said will show an improving labor market. Japan’s currency also weakened versus all of its 16 ...
Massive fraud link to major mortgage broker
January 7th, 2015
The Melbourne man at the centre of an alleged $110 million mortgage fraud holds a senior position in one of the country’s largest mortgage brokerage networks, raising concerns that the true scale of the potential financial losses is yet to be ...