Search Results for: Ether
Hewlett-Packard sells China unit stake for $2.3bn
May 22nd, 2015
US tech giant Hewlett-Packard is selling a 51% stake in its Chinese server business for $2.3bn (£1.4bn) to Tsinghua Holdings. The deal brings together HP with the investment arm of China’s Tsinghua University in a joint venture called H3C, ...
Nasdaq Taking Apple, Microsoft to Shenzhen With Tech Stock ETF
May 22nd, 2015
Nasdaq OMX Group Inc. is seeking to tempt Shenzhen stock investors with Apple Inc. and Microsoft Corp. amid a rally in Chinese technology shares that’s making the U.S. dot-com bubble look subdued. Nasdaq will start a exchange-traded fund in ...
Barclays to Pay $400 Million Penalty to Settle CFTC Charges
May 21st, 2015
CFTC Also Took Action Today Against Barclays and its Affiliates for Attempted Manipulation and False Reporting of the ISDAFIX Benchmark, an Interest Rate Benchmark — the First Enforcement Action Addressing Abuse of ISDAFIX Barclays Has Now Been Subject to ...
FCA fines Barclays £284,432,000 for forex failings
May 20th, 2015
The Financial Conduct Authority (FCA) has imposed a financial penalty of £284,432,000 on Barclays Bank Plc (Barclays) for failing to control business practices in its foreign exchange (FX) business in London. This is the largest financial penalty ever imposed ...
Bitcoin: A Remarkable Innovation and Its Limitations
May 20th, 2015
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a breakthrough–innovation which nonetheless is beginning to show its limitations. Rainer ...
CySec imposes administrative fine of €8.000 to a CIF
May 20th, 2015
The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €8.000 to Reliantco Investments Ltd for the infringement of the Law which provides for the provision of Investment services, the exercise ...
Japan’s economy grows faster than expected
May 20th, 2015
Japan‘s economy grew faster than expected between January and March, boosting hopes that the economy is recovering from last year’s recession. The economy expanded 0.6% in the period compared to the previous quarter, marking its second consecutive quarter of ...
IASB calls for feedback on proposal to defer the effective date of the revenue Standard
May 20th, 2015
The IASB has today published for consultation a proposal to defer the effective date of the revenue Standard, IFRS 15 Revenue from Contracts with Customers, by one year to 1 January 2018. The revenue Standard was issued jointly with ...
Yahoo shares fall on worries of possible U.S. tax change on spinoffs
May 20th, 2015
Yahoo Inc (YHOO.O) shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo’s planned spinoff of its stake in Alibaba Group Holding Ltd (BABA.N). The change – discussed by a ...
Standard Chartered Joins FXSpotStream as the 11th Liquidity Provider
May 19th, 2015
FXSPOTSTREAM ANNOUNCES THAT STANDARD CHARTERED HAS JOINED AS A LIQUIDITY PROVIDER OF FXSPOTSTREAM’S PRICE AGGREGATION SERVICE, EXPANDING FXSPOTSTREAM’S LIQUIDITY PROVIDERS TO ELEVEN GLOBAL FX BANKS FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Standard Chartered ...
