Search Results for: Big Four
India Targets Century-Old Bankruptcy Law to Revive Momentum
October 19th, 2015
Finance Ministry to receive recommendations on law this week To deepen corporate bond market and finance long-term infra Prime Minister Narendra Modi is poised to overhaul Indian bankruptcy laws that date back a century in a bid to get his ...
Asian shares rise to two-month highs, dollar gains on U.S. data
October 16th, 2015
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
Ian Chuter joins Playtech
October 15th, 2015
Former William Hill, Betfair and Rank senior executive joins in gaming, sports betting and M&A strategic advisory role Ian Chuter, former group operations director at both William Hill and Betfair, has joined Playtech as a strategic advisor with a ...
Talk Is Cheap for Euro as QE’s Diminishing Returns Thwart Draghi
October 13th, 2015
ECB chief reiterates willingness to ease, yet currency gains Debatable whether more stimulus can weaken euro: Investec Traders are losing their faith in Mario Draghi’s ability to weaken the euro. The European Central Bank president has reiterated at least four ...
Gold hits 7-week high as traders bet on U.S. rate hike delay
October 12th, 2015
Gold reaches highest since August at $1,166.60/oz Dollar near 3-week low after Fed minutes Hedge fund, money managers lift bullish bets to 4-mth high Gold rose to 7-week highs on Monday as expectations that the Federal Reserve will postpone ...
VW recalls diesel vehicles in China to correct emissions
October 12th, 2015
Volkswagen is recalling 1,950 diesel vehicles in China to correct engine software that the automaker has admitted cheats on emissions tests. The recall applies to 1,946 Tiguan sport utility vehicles and four Passat B6 sedans, all of them imported, ...
Stock Market Crash October 2015? 9 Of The 16 Largest Crashes In History Have Come This Month
October 8th, 2015
The worst stock market crashes in U.S. history have come during the month of October. There is just something about this time of the year that seems to be conducive to financial panic. For example, on October 28th, 1929 ...
Saxo Bank sees opportunity in emerging markets amid falling global growth and a tumultuous start to Q4
October 7th, 2015
The plunge in the price of oil and other commodities has scores of emerging markets under severe pressure. And yet, it is in emerging markets that Saxo Bank sees most hope. As risks to global growth increase, the timing ...
China’s Foreign Reserves Post Record Quarterly Drop on Yuan
October 7th, 2015
Stockpile shrinks $180 billion as PBOC props up currency Decline in September less than expected, boosting yuan China’s foreign-exchange reserves fell by a record in the third quarter as the central bank sold dollars to support the yuan after ...
Euro Area Urges Tsipras to Meet Bailout Pledges Without Delay
October 6th, 2015
Funds for recapitalization tied to country meeting conditions Finance ministers tell Tsipras not to ease up on reforms Greece shouldn’t expect the euro area to relax bailout requirements to meet next month’s deadline for unlocking money to recapitalize its ...
