Search Results for: Chinese markets
IG Group agreed to purchase DailyFX from FXCM
September 30th, 2016
IG Group (“IG”), a global leader in online trading, today announces that it has agreed, subject to final approvals, to purchase DailyFX, a leading global news and research portal, and its associated assets, from FXCM Inc. for a total consideration of ...
Most Emerging Stocks Decline Before Oil Talks as Ringgit Weakens
September 28th, 2016
Financial and energy shares pace drop among industry groups Taiwan’s financial markets remain shut because of typhoon Most emerging-market stocks fell, led by financial and energy companies, as investors awaited a meeting of major oil producers seeking an output ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
IBM in blockchain project with China UnionPay
September 23rd, 2016
Another day, another blockchain project unveiled by a bank, technology company, or consultancy. IBM will join the fray this week by announcing a partnership with China UnionPay to let bank customers exchange bonus points in different loyalty schemes. Arguing that such ...
Asian Stocks Rally With Won, Bonds After Fed as Crude Oil Gains
September 22nd, 2016
Kiwi weakens as central bank flags more easing; won jumps Iron ore, coking coal and steel prices surge in China Asian stocks rallied With European equity index futures and bonds after central banks including the Federal Reserve indicated monetary policies ...
The Bank For International Settlements Warns That A Major Debt Meltdown In China Is Imminent
September 20th, 2016
The pinnacle of the global financial system is warning that conditions are right for a “full-blown banking crisis” in China. Since the last financial crisis, there has been a credit boom in China that is really unprecedented in world ...
Swiss National Bank leaves expansionary monetary policy unchanged
September 15th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. At ...
The British Pound strengthens; Asian Shares continue the fall; Yen Gains; Kiwi weakens; Oil below $44
September 15th, 2016
Pound edges higher ahead of BOE policy meeting; kiwi weakens Hong Kong stocks advance, led by gains in Macau casinos A global equities selloff extended into Asian trading and European stock index futures fell after a slide in oil ...
The Forex business is officially shrinking for the first time since 2001
September 8th, 2016
The latest triennial survey of the FX industry by the Bank for International Settlements (BIS) has revealed a decline in volumes for the first time in 15 years. The conclusions of the survey are broadly in line with the ...
Asian Stocks Retreat as Crude Oil Rallies; Yuan Bears Squeezed
September 8th, 2016
Yuan borrowing costs jump offshore on suspected intervention Euro edges higher before ECB reviews policy; Aussie gains Price swings in financial markets are becoming increasingly muted as investors mull the outlook for monetary policy in the world’s biggest economies. ...
