Search Results for: Energy
China Prepares Mergers for Big State-Owned Enterprises
March 11th, 2015
Plan seeks to make firms more profitable but tightens government’s grip China’s leadership is preparing to radically consolidate the country’s bloated state-owned sector, telling thousands of enterprises they need to rely less on state life support and get ready ...
CME Group and TAIFEX Sign Letter of Intent for Greater Collaboration
March 11th, 2015
CME Group, the world’s leading and most diverse derivatives marketplace, and the Taiwan Futures Exchange (TAIFEX) today signed a Letter of Intent (LOI) regarding the potential listing on TAIFEX of U.S. equity index-based contracts, and the exploration of cross-border ...
Fed Likely to Remove ‘Patient’ Barrier for Rate Increase as Soon as June
March 11th, 2015
Shift at March meeting would create policy flexibility; inflation outlook key on Fed-funds increase The Federal Reserve is strongly considering removing a barrier to raising short-term interest rates as early as June by dropping its promise to be “patient” before acting. ...
Strongest Dollar in 12 Years Sinks Stocks While Oil Slips
March 11th, 2015
The strongest dollar in nearly 12 years versus the euro and the specter of higher U.S. interest rates fueled a selloff in global equities that sent the Standard & Poor’s 500 Index down the most since Jan. 5. Oil ...
TriOptima’s triResolve service expands in APAC adding Taiwan’s Taipei Fubon Commercial Bank
March 10th, 2015
TriOptima announces today that Taipei Fubon Commercial Bank (Fubon) is the first Taiwanese financial institution to join its triResolve portfolio reconciliation service. triResolve has grown 350% in Asia Pacific since 2012; and the service continues to add subscribers in ...
Hungry Market Eats Up Oil Bonds
March 10th, 2015
Drop in oil prices has producers raising cash Investors are snapping up new stock and bonds from energy producers as they search for bargains amid the tumult caused by the plunge in oil prices. The buyers are betting these ...
China Has Announced Plans For A ‘World Currency’
March 6th, 2015
The Chinese do not plan to live in a world dominated by the U.S. dollar for much longer. Chinese leaders have been calling for the U.S. dollar to be replaced as the primary global reserve currency for a long time, ...
Fed’s Williams Says ‘Serious’ Rate-Rise Discussion Due Mid-Year
March 6th, 2015
Federal Reserve Bank of San Francisco President John Williams said mid-year may be time for a “serious discussion” about raising interest rates as the labor market nears full employment and inflation rebounds. The U.S. will reach maximum employment by ...
Mario Draghi: Introductory statement to the press conference in Nicosia
March 5th, 2015
Latest Update, March 06, on March 05 release of President of the ECB Introductory statement. The update is regarding Questions and Answers. You can find the Questions and Answers at the end of the following statement. Mario Draghi, President ...
Intercontinental Exchange Reports ICE and NYSE Volume for February 2015; Record Daily Oil Volume, up 59% over Prior February
March 5th, 2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today reported February exchange traded volume. ICE’s February 2015 futures and options average daily volume (ADV) declined 6% compared to February 2014. Commodity ADV increased 11% ...
