Search Results for: Global share

Hanjin Shipping Trading Halted After Plunge to Six-Year Low

August 30th, 2016 (0)
Creditors decided not to provide fresh loans, Yonhap reports Shipping lines worldwide have posted losses amid slowing trade Hanjin Shipping Co. shares were suspended from trading after plunging to the lowest price since 2009 following a Yonhap News Agency ...

World Bank shake-up yields only half Kim’s target of $400m savings

August 30th, 2016 (0)
The World Bank is set to make net savings that are half the size of a much-touted $400m target as administrative costs rise on a surge in lending, despite a contentious reorganisation pushed through by Jim Yong Kim, its ...

European recognition of FMA oversight of auditors

August 30th, 2016 (0)
The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union. With this announcement, the Commission has concluded that the New Zealand ...

Deloitte expands business at record levels but warns of Brexit “challenges”

August 30th, 2016 (0)
Audit wins underpinned the fastest revenue growth for 10 years at big-four accountants Deloitte. Group revenue increased by 11.2 per cent for the year to May 2016 to £3.1bn with distributable profit up 2.5 per cent at £608m. Deloitte ...

Oil prices rise as dollar comes off two-week high

August 30th, 2016 (0)
Oil futures edged up on Tuesday as the U.S. dollar backed off a two-week high hit the day before, although doubts that crude producers would agree next month to an output freeze continued to drag on prices. The U.S. ...

Asia markets mostly down; Nikkei sells off following disappointing inflation data

August 29th, 2016 (0)
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...

Most Asia stocks slide on Fed officials’ rate comments, dollar firms

August 29th, 2016 (0)
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...

Oil Resumes Drop Near $47 Amid Market Stabilization Deal Doubts

August 29th, 2016 (0)
Stability should be achieved soon for oil market: Al Mazrouei Rising Iranian output dims prospects of action: Dana Gas CEO Oil declined amid doubts producers will agree on a deal to stabilize the market when suppliers meet next month ...

Asian stocks drop as investors avoid risk before Yellen speech

August 26th, 2016 (0)
Asian stocks extended their weekly loss on Friday (Aug 26) ahead of a speech by Federal Reserve Chair Janet Yellen later in the day that may shed light on the US interest-rate outlook. The yen meandered after Japanese consumer ...
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