Search Results for: First Data
India Sets Norms to Open $20 Billion REIT Market
August 11th, 2014
India approved the setting up and listing of real estate investment trusts as the nation seeks to unlock a $20 billion market. The trusts, or REITs, will have to own assets worth at least 5 billion rupees ($82 million), ...
British investigator Humphrey linked to GSK was jailed
August 11th, 2014
The Shanghai court sentenced a British company investigator to two-and-a-half years and his wife to two years in jail, for trafficking personal data in China. The british investigator, Mr Peter Humphrey, was hired by GlaxoSmithKline (GSK) China, which is ...
Yen Falls as Russia Eases Ukraine Tension
August 11th, 2014
The yen fell versus 14 of its 16 major peers as concern eased about tensions in Ukraine after reports last week that Russia’s warplanes ended drills and the nation is seeking to mediate between Kiev and rebel forces. The ...
China loosens monetary policy
August 11th, 2014
China loosened monetary conditions last quarter at the fastest pace in almost two years, a Bloomberg LP gauge showed, testing the waning effectiveness of credit in supporting economic growth. Bloomberg’s new China Monetary Conditions Index — a weighted average ...
Asian shares skid as Obama confirms air strikes on Iraq
August 8th, 2014
Asian shares tumbled on Friday as investors sought out safe-haven assets on growing fears that conflicts in Ukraine and the Middle East could sap global growth, extending losses after U.S. President Obama said he had authorized air strikes in ...
Pound About 0.2 Percent From Eight-Week Low as BOE Holds Rates
August 8th, 2014
The pound was about 0.2 percent from its weakest level in eight weeks versus the dollar after Bank of England officials maintained their key interest rate at a record-low 0.5 percent following a two-day meeting. U.K. 10-year government bond ...
China July exports up 14.5 pct year-on-year, imports down 1.6 percent
August 8th, 2014
China’s surprisingly buoyant exports in July pushed its trade surplus to a record, but a drop in imports signals sluggish domestic demand that will likely call for continuing policy support to keep economic growth on track. Manufacturing appears to ...
Oil Falls After Strong Global Supplies
August 7th, 2014
Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low. Futures were little changed in London. In Iraq, Kurdish exports remain ...
25,000 join Europe class action lawsuit against Facebook
August 7th, 2014
An Austrian waging a battle against Facebook’s privacy policies said that 25,000 users of the social networking giant have signed on to his class action lawsuit. The suit, filed by lawyer Max Schrems, claims a symbolic US $ 660 ...
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
