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Asia mostly higher; Nikkei leads with 2% gain

May 10th, 2016 (0)
Asia markets traded mostly higher on Tuesday, with the Japanese benchmark index leading gains in the region. The Nikkei 225 added 2.04 percent, while across the Korean Strait, the Kospi traded up 0.36 percent. In Hong Kong, the Hang Seng index was down 0.05 percent. ...

Seven big banks settle U.S. rate-rigging lawsuit for $324 million

May 4th, 2016 (0)
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...

Euronext announces the appointment of its new Chief Financial Officer

April 19th, 2016 (0)
Euronext (Paris:ENX) (Amsterdam:ENX) (Brussels:ENX) announced the appointment of its new Chief Financial Officer, Giorgio Modica, as Amaury Dauge is leaving the company to pursue new professional projects in fintech in New York. Besides, the finance team is being reorganised ...

Accenture and Leading Financial Institutions Call for Applicants for the Asia-Pacific FinTech Innovation Lab 2016

April 18th, 2016 (0)
The Asia-Pacific accelerator program, now in its third year, mentors financial technology entrepreneurs to help accelerate product and business development Applications open today for Asia-Pacific’s third annual FinTech Innovation Lab, Accenture’s (NYSE: ACN) 12-week program that helps early- and ...

Emerging Currencies Halt Rally as Singapore Flags Growth Risks

April 14th, 2016 (0)
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...

Looming gasoline glut pulls down global crude oil prices

April 5th, 2016 (0)
Oil prices dropped for a third session on Tuesday, as weakening demand for gasoline and persistent doubts on whether crude producers will be able to reach an agreement to rein in a worldwide supply glut dragged on the market. ...

UBS, Credit Suisse interested in advising on Russia privatization

March 30th, 2016 (0)
Swiss banks UBS and Credit Suisse are interested in advising the Russian government on several privatizations as long as the deals do not violate sanctions, three banking sources told Reuters. The banks responded to a request for proposals that ...

Euronext looks to snap up assets from any Deutsche Boerse-LSE fallout

March 21st, 2016 (0)
European stock exchange operator Euronext NV (ENX.PA) is considering acquisitions to help it stay competitive after Deutsche Boerse AG (DB1Gn.DE) and London Stock Exchange Group Plc (LSE.L) agreed to merge in a $30 billion deal, according to people familiar ...

Asia markets erase early losses as traders digest ECB easing

March 11th, 2016 (0)
Asia markets reversed early losses to trade mostly higher on Friday, as traders digested fresh easing from the European Central Bank (ECB) overnight. The Japanese benchmark Nikkei 225 erased losses to close up 86.52 points, or 0.51 percent, at 16,938.87. The ...

Shale Oil Isn’t Saudi Arabia’s Only Nemesis

March 2nd, 2016 (0)
Even when glut stops growing, market might shrug: SocGen History shows oil rebound will hinge on stockpiles: Goldman Even if Saudi Arabia wins its struggle with U.S. shale producers over market share, it will face a new billion-barrel adversary. ...
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