Search Results for: European shares
Monte Paschi sees €4.8 billion loss in 2016; cuts thousands of jobs
October 25th, 2016
Italy’s third-largest bank, Monte dei Paschi di Siena, has resolved to write down bad loans, lay off a tenth of its staff and raise €5 billion. The planned overhaul could shape the fortunes of the country’s wider banking sector. ...
Asian Stocks Rise With Industrial Metals as Fed Bets Buoy Dollar
October 25th, 2016
Nidec, SK Hynix rally after earnings; Apple reports Tuesday Kospi drops as South Korea tourism threatened by China spat Asian stocks rose to a two-week high and industrial metals advanced, buoyed by a generally upbeat corporate earnings season and ...
Two of the largest online brokerages are near to a $4 Billion acquisition Deal
October 24th, 2016
TD Ameritrade, TD Bank Said Near $4 Billion Scottrade Deal Deal would combine two of the largest online brokerages Toronto-Dominion Bank said to acquire banking operations TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank, are close to ...
Dollar Climbs as Asian Stocks Advance Amid Earnings; Oil Falls
October 24th, 2016
Speeches by Fed officials may affect outlook for U.S. rates Offshore yuan sinks toward all-time low after record outflows The dollar strengthened versus most of its major peers, buoyed by the prospect of U.S. interest rates being raised at ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
Asian Stocks Rise With U.S. Futures, Mexican Peso After Debate
October 20th, 2016
Oil near 15-month high on surprise drop in U.S. stockpiles Aussie weakens on jobs data; euro steady ahead of ECB meeting Asian stocks rose with U.S. equity index futures and the Mexican peso as the third and final American ...
Asian Stocks, Bonds Decline as Dollar Extends Post-Yellen Gains
October 17th, 2016
Asia ex-Japan stocks decline with U.S. equity index futures Casino shares sink after China detains Crown Resorts workers Asian bonds fell and the dollar strengthened versus most peers after comments by Federal Reserve Chair Janet Yellen clouded the outlook ...
Dollar Climbs as Samsung Drives Asian Stock Retreat; Bonds Drop
October 11th, 2016
Bond yields surge as traders bet on December Fed rate hike Offshore yuan falls an eighth day for longest slump since 2014 The dollar climbed versus all its major peers as bonds dropped after investors boosted expectations for a ...
Can You Imagine The Fed Raising Rates In This World? Bank Bail-In Edition
October 5th, 2016
I know it’s bad form to express sympathy for the people running the world’s central banks. But come on, they’re human beings in an impossible spot with no idea how to escape. The pain they feel is both intense ...
ESMA agreed on Italian Bank BMPS short selling ban by CONSOB
October 4th, 2016
The European Securities and Markets Authority (ESMA) has issued today an opinion agreeing to extending an emergency short selling prohibition, for a period of 90 calendar days, by the Commissione Nazionale per le Società e la Borsa (CONSOB) on net short ...
