Search Results for: Big Four
Asian Stocks Rise, Bonds Slip Before Trump Speech: Markets Wrap
February 28th, 2017
Odds for U.S. interest rate hike in March rise to 50% Trump speech Tuesday to be scrutinized for spending plans Asian stocks erased gains as a rally in Tokyo faltered and the yen strengthened ahead of Donald Trump’s address ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
Some €70 bn in non performing loans ready to be ceded by Italy’s main banks
February 22nd, 2017
The European Commission, the OECD, Economy Minister Piercarlo Padoan, EBA President Andrea Enria, Bank of Italy Vice Governor Fabio Panetta, and the Fitch ratings agency. One after another, like a chorus, they all spoke out on the same theme ...
Asia Stocks Gain Even as Topix Swings, Yen Rises: Markets Wrap
February 22nd, 2017
U.S. currency slipped earlier on Fed official’s rates comment Chinese shares in Hong Kong resume rally; oil extends gains Asian stocks rose as markets from Hong Kong to Singapore followed a rally in the U.S. The dollar pared earlier ...
DBS to hire 100 developers via first-of-its-kind hackathon
February 20th, 2017
DBS today announced plans to hire 100 developers skilled in emerging and disruptive technologies, as it ups the ante on reimagining banking. The new jobs will help DBS cement its position as a leading digital bank. Taking an innovative ...
Czech Prime Minister will propose a special tax on banks
February 18th, 2017
The Czech Republic’s ruling centre-left Social Democratic Party will propose a special tax on banks to help fund schools and infrastructure and keep profits from leaving the country as part of its manifesto for elections in October. The plan ...
Oil firms as OPEC floats extended output cut; markets still bloated
February 17th, 2017
Oil prices edged up on Friday, lifted by a report that producer club OPEC could extend an output cut aimed at reining in a global fuel supply overhang. Brent crude futures were trading at $55.76 per barrel at 0311 ...
Asian Stocks Drop Even as Reflation Pullback Eases: Markets Wrap
February 17th, 2017
S&P 500 slips in New York trading, oil heads for weekly loss U.K. retail sales and U.S. leading index due on Friday Investors continued to step away from Asian equities at the end of the week even as a ...
Asia stocks at 19-month high, dollar up
February 15th, 2017
Asian stocks scaled 19-month peaks on Wednesday, helped by a record-setting night on Wall Street after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month, keeping the dollar near three-week highs. Spreadbetters saw the boon ...
Dollar slumps, yen strengthens
February 14th, 2017
Dollar slumps after Flynn resigns as national security adviser Japan shares fall as yen strengthens; Hong Kong equities swing Japanese stocks fell, taking the momentum out of a global rally after U.S. benchmarks surged to a fresh round of ...
