Search Results for: Chinese
The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work
February 12th, 2016
THE BITCOIN COMMUNITY can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed ...
Dollar on track for steep weekly losses
February 12th, 2016
The dollar nursed losses on Friday that have put it on course for steep weekly drops against major currencies, with many investors favouring the perceived safe-haven appeal of the yen amid sinking global markets. Japanese markets were closed for a ...
Asia markets close mixed; Hong Kong shares tumble
February 11th, 2016
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after being shut from Monday through Wednesday for the Lunar New ...
Yellen – Fed not likely to reverse course on rates despite risks
February 11th, 2016
The Federal Reserve is unlikely to reverse its plan to raise interest rates further this year, but tighter credit markets, volatile financial markets, and uncertainty over Chinese economic growth have raised risks to the U.S. economy, Fed Chair Janet ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
Greek Prime Minister Tsipras Meets With Iranian Leaders in Tehran
February 9th, 2016
Greece hopes to become an economic link between Iran and EU now that sanctions are lifted Greek Prime Minister Alexis Tsipras on Monday became the first Western leader to visit Iran since the lifting of trade sanctions against the ...
ICAP plc – Trading Statement
February 9th, 2016
Transaction with Tullett Prebon on track Solid growth in the Post Trade division Continued investment in new product initiatives Market conditions remain challenging ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information ...
INVESTOR GROUP TO ACQUIRE CHICAGO STOCK EXCHANGE
February 8th, 2016
The Chicago Stock Exchange, Inc. (CHX) is pleased to announce that it has entered into a definitive agreement to be acquired by an investor group led by Chongqing Casin Enterprise Group (the “Casin Group”). The Board of Directors of ...
Oil Trades Near $31 After Saudi-Venezuela Talks as Bets Increase
February 8th, 2016
Al-Naimi speaks with counterpart about other producer meetings Vitol CEO says crude to stay between $40 and $60 for 10 years Oil traded near $31 a barrel after Saudi Arabia and Venezuela met to discuss cooperating to stabilize the ...
