Search Results for: GAIN Capital Holdings
China’s Stocks Sink Most Since 2007 as State Intervention Fails
August 24th, 2015
China’s stocks plunged the most since 2007 as government support measures failed to allay investor concern that a slowdown in the world’s second-largest economy is deepening. The Shanghai Composite Index tumbled 8.5 percent to 3,209.91 at the close to ...
Gold price rises to $1,117.80 an ounce
August 18th, 2015
Analysts attribute increase to Chinese yuan devaluation The global prices of gold moved higher on Monday, causing retail prices in the UAE to edge slightly higher by less than a dirham per gram. Retail gold rate in Dubai went ...
PwC Report Reviews State of Global Financial Market Liquidity
August 14th, 2015
The Global Financial Markets Association (GFMA) and the Institute for International Finance (IIF) today released a comprehensive new report from PwC on the state of global market liquidity, produced on behalf of both Associations. “The findings from our research ...
Malta-based hedge fund involved in $100 million fraud
August 13th, 2015
US authorities file complaint against Exante Ltd, a Malta-based hedge fund, involved in international securities fraud scheme The US Securities and Exchange Commission (SEC) yesterday announced fraud charges against 32 defendants for taking part in a scheme to profit ...
Gold stalls as US jobs data keeps door open to Sept Fed hike
August 10th, 2015
Gold had longest weekly losing streak since 1999 Any delay in rate hike expectations won’t fuel gold rally – HSBC (Adds analyst comment, updates prices) Gold steadied not far above a 5-1/2-year low on Monday, with a firm dollar ...
China Shares Fall; Japan Rises Ahead of U.S. Jobs Data
August 6th, 2015
Bank, energy firms pressure Australian shares China’s shares fell and bank shares pressured Australia on Thursday, but Japan’s market rose ahead of a key jobs report in the U.S. later this week. The Shanghai Composite Index was last down ...
Global Banks report their results
August 4th, 2015
Commerzbank, Deutsche Bank, BNP Paribas, UBS AG, Mitsubishi UFJ Financial Group, Inc. and HSBC issued reports to inform public regarding interim results HSBC Holdings plc HSBC Holdings plc 2015 Interim Results – highlights Financial performance Reported profit before tax ...
Standard Chartered, Societe Generale are among four banks added to Forex Lawsuit by investors
August 3rd, 2015
Standard Chartered Plc and Societe Generale SA are among four banks added to a suit by investors claiming banks manipulated the $5.3 trillion a day foreign-exchange market. The investors filed a revised complaint Friday in which they broadened their ...
$76 Million penalties for Forex Ponzi Scheme
August 3rd, 2015
In Related Criminal Actions, Simmons Sentenced to 40 Years’ and Salazar Sentenced to 4.5 Years’ Incarceration and Ordered to Pay in Total $40 Million in Criminal Restitution Both Simmons and Salazar Currently are Serving Their Prison Sentences The U.S. ...
Two Chinese Firms Seek Multibillion-Dollar IPOs
August 3rd, 2015
China Merchants Securities and China Reinsurance are pursuing Hong Kong listings Two Chinese financial firms are gearing up for multibillion-dollar initial public offerings in Hong Kong, even as China’s stock markets saw one of their steepest selloffs last month. ...
