Search Results for: Global share
FCA warning against clone firm
November 12th, 2014
The Financial Conduct Authority (FCA) of the United Kingdom has issued a warning to alert all recipients that: Kingsley Asset Management (clone of FCA authorised firm) Address: Hyde House, The Hyde, London, NW9 6LH (clone of FCA authorised firm), Unit 1, 47 ...
Yahoo acquires BrightRoll for $640 million in cash
November 12th, 2014
Yahoo didn’t wait long to put to use its newfound riches from the Alibaba IPO. On Tuesday, it acquired video-advertising company BrightRoll for $640 million in cash. BrightRoll, based here, could help Yahoo CEO Marissa Mayer in her quest ...
Dow, S&P 500 set record highs in light volume
November 12th, 2014
The Dow and S&P 500 eked out a fifth session of record closing highs on Tuesday, barely extending the market’s recent rally in light volume as consumer discretionary shares gained. The S&P 500’s top percentage gainer was Zoetis, which jumped 8.9 ...
Japanese stocks soar to seven-year peak on tax-hike delay talk
November 12th, 2014
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile economic recovery. MSCI’s broadest index ...
Moscow Exchange chooses DataSpace as primary data center services provider
November 11th, 2014
Moscow Exchange, Russia”s leading exchange platform for equities, bonds, derivatives, currencies, money market instruments and commodities, announced that it has chosen Moscow-based DataSpace as its primary data center facility and services provider. Following an initial stage in 2015—during which ...
Most Asian Stocks Climb as Topix Advances on U.S. Rally
November 11th, 2014
Most Asian stocks rose as Japan’s Topix index climbed after the yen extended losses and corporate earnings beat estimates. Nissan Motor Co. (7201), which gets 43 percent of its revenue in North America, gained 1.4 percent. Amorepacific Corp. surged 9.3 percent in ...
US-China press forward on expanding high-tech trade agreement
November 11th, 2014
President Obama said Monday night that the U.S. and China are nearing a final agreement on expanding a major technology pact. Obama said that the world’s two largest economies would work toward including a broader scope of goods covered ...
Credit Without Banks: Shadow Banking
November 10th, 2014
One of the vivid lessons of the 2007-2009 recession and financial crisis is that in the modern economy, one can’t just think about the financial sector as made up of banks and the stock market. Other financial institutions can ...
The UAE’s pressing need for legislative reform
November 10th, 2014
There is no doubt that, in the past 15 years, the UAE has managed to build what is, by any standards, the most developed infrastructure, the highest quality of life, the most diversified economy, and the most efficient government ...
Yuan Bears Say Record Dollar Debt to Fuel Decline: China Credit
November 7th, 2014
Yuan bears have added Chinese companies’ record dollar borrowings to the list of reasons why the currency may weaken. Chinese firms raised $196 billion from loans and bonds this year, 11 times more than the $17.7 billion of 2008, ...