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Top news of the day, May 28

May 28th, 2015 (0)
1. Finance chiefs from the Group of Seven economic powers met on Thursday to discuss how to revive a faltering global recovery, with the United States leaning on Europe to reach a deal to avert a Greek bankruptcy. The ...

CMC Markets profits surge 61 per cent

May 28th, 2015 (0)
CMC Markets Group reports underlying profits before tax increase by 61 per cent to £51.9 million The Group capital ratio stands at 24 per cent (301 per cent pre CRD IV) with minimal debt and own funds of £141 ...

Growing financial risk appetite within a gradual economic recovery – Financial Stability Review

May 28th, 2015 (0)
Euro area systemic stress remained low in past six months amid improving, but still subdued, economic growth Financial markets show continued asset price rises and bouts of volatility, but without generalised overvaluations Challenging operating environment for euro area banks ...

FOREX-Dollar hits highest vs yen since 2002, Aussie sags on capex disappointment

May 28th, 2015 (0)
* USD touches 124.30 yen, highest level since December 2002 * Traders are wary of verbal intervention from Japanese officials * Aussie drops after disappointing capex data The dollar hit its highest since December 2002 against the yen on Thursday ...

FTSE starts transition to include China A Shares in global benchmarks

May 26th, 2015 (0)
FTSE announces transition to include China A Shares in global indexes Two new transitional emerging markets indexes launched Approximately 5% initial A Shares weighting in the FTSE Emerging inclusion indexes, rising to 32% when China A Shares become fully ...

HKEx Soars With Brokers on Optimism About Influx of China Cash

May 26th, 2015 (0)
Hong Kong’s exchange operator headed for a record close and brokerages surged on optimism that policy changes in China will spur inflows into the city’s equities. Hong Kong Exchanges & Clearing Ltd. jumped 4.5 percent as of 10:43 a.m. ...

Bank of England Accidentally E-mails Brexit Plans to The Guardian

May 25th, 2015 (0)
Bank of England staff are assessing the potential risks related to Britain’s renegotiation of its European Union membership and the threat of the country leaving the bloc. “There are a range of economic and financial issues that arise in ...

Acritas’ UK Law Firm Brand Index reveals four year market winners

May 22nd, 2015 (0)
Smart strategic moves, a differentiated proposition and affinity with female buyers drive success for the UK’s leading law firm brands. Over the last four years, the UK legal market has seen many changes. Mergers together with new entrants from ...

EY’s slick tender secures Royal Dutch Shell audit

May 21st, 2015 (0)
EY is on the cusp of being crowned new auditors to Royal Dutch Shell should its shareholders anoint them at the fossil fuel giant’s 2016 Annual General Meeting. The announcement secures EY’s growing presence in the sector having already bagged ...

Japan’s economy grows faster than expected

May 20th, 2015 (0)
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 ...
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