China Approves Brokerages to Start HK-Shanghai Trading
October 15th, 2014
China approved brokerages including Central China Securities Co. (1375) to offer trading services that pave the way for the start of a program allowing investors in Shanghai and Hong Kong access to each other’s stock markets. Central China shares ...
Stocks, oil flounder on growth anxiety, China data little help
October 13th, 2014
Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. “European equities look ...
Italy on Sale to Chinese Investors as Recession Bites
October 13th, 2014
Clotilde Narzisi and Luca Soliman have run the Caffe Orefici, 200 feet from Milan’s iconic Duomo Cathedral, for 10 years. Forced to sell their business because of high taxes, they say their only hope now is to leave it ...
Agile’s Chairman placed under custody
October 13th, 2014
Agile Property Holdings Ltd. tumbled the most on record after its billionaire founder and chairman Chen Zhuolin was placed under the control of Chinese prosecutors and amid reports it assisted in money laundering in legal news. The stock plunged ...
Former Hanlong Executive Charged on Insider Trading
October 10th, 2014
A mining executive who fled Australia three years ago has been extradited from Hong Kong and charged with 104 insider trading offenses linked to planned takeovers by a Sichuan Hanlong Group unit. Xiao Hui, also known as Steven Xiao, ...
ADS Securities eyes investment banking move
October 10th, 2014
Abu Dhabi’s ADS Securities is expanding into new services including investment banking and asset management following its acquisition of a London brokerage firm, its vice chairman and executive managing director said on Tuesday. Privately owned ADS, which started operations ...
CNPC Anti-Corruption Head Said to Be Detained for Investigation
October 9th, 2014
China National Petroleum Corp.’s executive in charge of rooting out graft has been detained by authorities, according to two officials at the country’s biggest oil and gas producer. Wang Lixin, the head of the discipline and inspection department at ...
Democracy or Idiocracy?
October 9th, 2014
In Cyprus, we live in a democracy characterised by government by the people and/or their elected representatives: constitutional guarantees, free and fair elections, a parliament of elected members, separation of legislature and the executive, an independent judiciary, and so ...
Dr Alan Waring
October 8th, 2014
Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous ...
Japanese stocks, dollar shine on upbeat U.S. jobs
October 6th, 2014
The U.S. dollar held near four-year highs against a basket of currencies and Asian shares advanced on Monday, after upbeat U.S. jobs data eased concerns over slower global growth. Tokyo’s Nikkei .N225 jumped 1.3 percent, while Hong Kong shares ...