Search Results for: China
Putin: BRICS Bank & AIIB to strengthen global financial system
November 19th, 2015
The BRICS New Development Bank and China’s Asian Infrastructure Investment Bank will contribute to the strengthening and stability of the global financial system, according to Russian President Vladimir Putin. “Russia is actively participating in the work of the new ...
Brokers in push for mutual funds to be added on HKEx platform
November 19th, 2015
Mutual fund trading platform would bolster Hong Kong as a hub for financial products, brokers say Brokers have urged the Hong Kong Exchanges & Clearing to launch a trading platform targeted at listed mutual fund products. The Hong Kong ...
Deutsche Börse: Successful market launch of CEINEX
November 18th, 2015
Launch ceremony with Chinese ambassador and the CEOs of SSE and Deutsche Börse China Europe International Exchange (CEINEX), the joint venture of Shanghai Stock Exchange (SSE), Deutsche Börse and China Financial Futures Exchange (CFFEX) was successfully launched today in ...
Oil prices edge up on reports of falling inventories, but glut remains in place
November 18th, 2015
Oil prices edged up on Wednesday following reports of falling stockpiles and rising refinery activity, but analysts said the market would remain under pressure for the rest of the year and into 2016. Industry group American Petroleum Institute (API) ...
Rolls-Royce calls in top law firm to deal with fraud investigation
November 17th, 2015
The engine maker’s decision to bring in Slaughter and May underlines seriousness of allegations Rolls-Royce has called in a leading law firm to help it deal with bribery allegations and a Serious Fraud Office (SFO) investigation. Slaughter and May has ...
Gold Prices Rise as Paris Attacks Spark Safe-Haven Demand
November 17th, 2015
Gold’s gains could be short lived, analysts say, as the market refocuses on the U.S. Federal Reserve Gold prices rose, breaking a three-session losing streak as the terror attacks in Paris sparked safe-haven demand for the metal. The precious metal has ...
Apple to power Singapore operations with renewable energy
November 16th, 2015
Apple announced on Sunday that it has struck a deal to power all of its Singapore operations with renewable energy, the latest in a series of steps from the company to turn its operations worldwide green. Starting in January, ...
10 countries hoarding enormous mountains of gold
November 16th, 2015
Say what you want about gold. But central banks just can’t get enough of the yellow metal. For the third quarter of 2015, central banks continued to bulk up their gold reserves, adding 175 tonnes to official reserves, according to the ...
Oil edges up after Paris attacks, French air strikes in Syria
November 16th, 2015
Crude oil futures rose on Monday as France launched large-scale air strikes against Islamic State in Syria, but analysts said oil and other commodities were expected to remain under pressure as oversupply weighs on prices. Crude benchmarks, which lost ...
PayPal Completes Acquisition of Xoom
November 13th, 2015
PayPal, Inc. (NASDAQ:PYPL) and Xoom Corporation (NASDAQ:XOOM) announced that PayPal has completed its previously announced acquisition of Xoom. In accordance with the terms of the acquisition agreement announced on July 1, 2015, PayPal acquired all of the outstanding shares of ...
