Search Results for: Bank of China
European stock markets lifted by rising mining shares
December 23rd, 2015
Shares up in last full session before Christmas break Mining stocks dominate list of top performers 2015 EU stock market performance reut.rs/1ZnkfVX European shares rose on Wednesday, lifted by gains in the mining sector on the back of stronger ...
Nomura to pay $1 billion for stake in American Century
December 23rd, 2015
Nomura Holdings Inc., Japan’s biggest brokerage, plans to pay about $1 billion for a stake of around 40% in U.S. money manager American Century Investments, according to a person familiar with the matter. The purchase from Canadian Imperial Bank ...
Asia equities gain; New Zealand hits record high
December 23rd, 2015
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan were shut for the Emperor’s Birthday. The region is expected ...
Japanese economy forecast to grow 1.7% in fiscal 2016
December 22nd, 2015
The Japanese economy is expected to grow about 1.7 percent in real terms in fiscal 2016 starting next April, led by recovering consumer spending and solid capital investment, the government said Tuesday. In nominal terms, gross domestic product will ...
Commodity losses
December 18th, 2015
Markets have been extraordinarily complacent about the bad debts building up in the financial system. In the wake of the Fed’s decision to raise interest rates this week, the effect on debt was barely mentioned in the subsequent analysis ...
Global stocks, dollar climb as Fed lifts off
December 17th, 2015
Asian stock markets jumped on Thursday as investors chose to take an historic hike in U.S. interest rates as a mark of confidence in the world’s largest economy, lifting the dollar and piling on the pain for oil prices. ...
Saudi Arabia Spends Billions to Get Asia Hooked on Its Crude Oil
December 17th, 2015
At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds a 65 percent stake in the complex. Taking a controlling ...
Shares climb, dollar dips as Fed prepares to lift rates
December 16th, 2015
Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in U.S. interest rates in almost a decade. After more than a year of posturing and ...
‘Fintech 100’ – Announcing the world’s leading fintech innovators for 2015
December 15th, 2015
China fintech on the rise as ZhongAn tops listtop fintech companies closes 31 October; Overall fintech investment expected to jump 66% to over US$20bn in 2015. Fintech Innovators, a collaboration between fintech investment firm, H2 Ventures and KPMG Fintech, today ...
The Launch of RMB Index Helps to Guide Public View of RMB Exchange Rate
December 14th, 2015
Guest Commentator of CFETS, Dec 11th, 2015 The China Foreign Exchange Trade System (also known as CFETS) has published CFETS exchange rate index on its website on December 11th. This will help bring about a shift in how the ...
