Search Results for: Global Markets
City of London Police seized £30 million suspected to have been generated in FX markets and Ponzi schemes
April 26th, 2016
A South Wales man has been arrested by the City of London Police in possession of bankers’ drafts worth £30 million in what is believed to be the biggest ever money seizure made by UK law enforcement. The funds ...
Global Capital Flows: Why No Crisis (So Far) This Time?
April 12th, 2016
Here’s the puzzle. Outflows of international capital from emerging markets around the world played a key role in causing financial shocks and steep recessions all over the globe in the late 1990s, including the east Asian financial crisis affecting ...
Most Asia markets advance, with Nikkei rising as yen slips
April 12th, 2016
Most major Asia markets ended higher Tuesday, shrugging off after a lower finish in U.S. equities overnight ahead of earnings season. Australia’s ASX 200 added 44.06 points, or 0.89 percent, to 4,975.60, boosted by a 1.73 percent gain in the heavily-weighted ...
Multinational law firm promoted 21 lawyers to partner across its global network
April 11th, 2016
Allen & Overy today announces the promotion of 21 lawyers to partner across its global network. Effective as of 1 May 2016, the promotions are across 12 offices in 11 countries and all the major practice groups in the ...
Asia markets broadly lower as risk-off sentiment settles in
April 8th, 2016
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...
Asia markets mostly higher; Nikkei edges up despite yen strength
April 7th, 2016
Most Asian markets rose on Thursday, with Japan’s benchmark index snapping a seven-day losing streak despite fresh strength in the yen. Japan’s benchmark Nikkei 225 closed up 34.48 points, or 0.22 percent, at 15,749.84, after wavering between positive and negative territory ...
Christine Lagarde: IMF chief says ‘we are on alert’ when assessing risks to global growth
April 6th, 2016
International Monetary Fund Managing Director Christine Lagarde amped up calls for stronger action by world’s economies to boost growth, warning that downside risks were increasing without decisive action. In a speech at Goethe University of Frankfurt on 5 April, ...
Asia markets higher; Nikkei turns up on slightly weaker yen
April 6th, 2016
Asia markets turned higher on Wednesday, shrugging off a global sell-off in equities overnight, as oil prices advanced and activity in China’s services sector showed signs of pick-up. Australia’s ASX 200 was up 0.54 percent. Japan’s Nikkei 225 wavered before trading up 0.28 ...
IMF warns that an economic crisis in China could cause global recession again
April 5th, 2016
An economic crisis in China could result in a world-wide recession, warned the International Monetary Fund (IMF). This was because China’s financial links with the rest of the global economy was set to increase, the organisation said ahead of ...
Asia markets rise; Japanese yen maintains 111 handle versus dollar
April 4th, 2016
Asian markets were mixed Monday, with Japanese shares losing ground on the back of a lower dollar/yen pair, which has hovered at the 111 level since Friday. Australia’s ASX 200 was up 0.64 percent, while Japan’s Nikkei 225 gave up gains to trade ...
