Search Results for: FIS
Asian shares wobble as China PMI weighs
March 24th, 2015
An index of Asian shares wobbled between positive and negative territory on Tuesday after a measure of Chinese factory activity unexpectedly skidded to an 11-month low, pointing up weakness in the economy. The flash HSBC/Markit Purchasing Managers’ Index (PMI) ...
ECB’s Coeure says expects changes to Greek aid programme
March 23rd, 2015
Greece‘s financial aid programme is set to be changed to accommodate its new government, a senior European Central Bank official said on Monday, noting that the bank stood ready to support the country. “There is a clear willingness and ...
China to reap Alibaba windfall as tightens up on tax
March 23rd, 2015
China could make billions of dollars from taxing gains made by employees of e-commerce giant Alibaba Group BABA.N who are free to sell their shares for the first time since its IPO, as the country tightens up its leaky ...
UBS faces ASIC scrutiny over privatisation report
March 23rd, 2015
Investment firm UBS is facing scrutiny from ASIC over an altered report on the NSW government’s electricity privatisation plans. A report, originally titled “Bad for the budget, good for the state” was later reissued with the title “Good for ...
Greece will stay in euro: Barroso (Video)
March 23rd, 2015
Greece will remain in the euro zone as long as Athens is willing to compromise, the former president of the European Commission told CNBC, noting this is what most Greeks desire. “I believe we should be flexible with Greece, ...
BOJ’s Kuroda: Told PM Abe Japan’s long-term price trend unchanged
March 23rd, 2015
Bank of Japan Governor Haruhiko Kuroda said he told Prime Minister Shinzo Abe on Monday that inflation is slowing due to a decline in oil prices but there is no change in the long-term rising trend for consumer prices as the economy improves. ...
Greek PM Tsipras faces Merkel amid race to detail reforms
March 23rd, 2015
As government officials scramble to draft a list of detailed reforms in line with demands by the country’s international creditors, Greek Prime Minister Alexis Tsipras is due in Berlin on Monday for crucial talks with German Chancellor Angela Merkel ...
Speech by Mario Draghi, President of the ECB at SZ Finance Day 2015
March 17th, 2015
Summary Europe needs to accelerate on its way to economic and institutional convergence. Due to falling oil prices, accommodative monetary policy and successful structural reforms, we can be optimistic about the economic outlook. The nascent recovery should be used ...
ASIC: Two men sentenced in Australia’s largest insider trading case
March 17th, 2015
Joint media release with The Hon Josh Frydenberg, Assistant Treasurer and The Hon Kelly O’Dwyer, Parliamentary Secretary to the Treasurer Two men were sentenced to jail terms of 7 years and 3 months, and 3 years and 3 months ...
ITG announces new capital plans
March 16th, 2015
ITG announces new capital plans and confirms receipt of notice of nomination of directors ITG (NYSE:ITG) or the “Company”, an independent execution and research broker, today provided stockholders with an update on the Company’s review of its capital allocation policies, ...