Search Results for: Jack Ma
Morgan Stanley: Central Banks Are Playing a Game of Chess That Results in an Endless Cycle of Easing
September 2nd, 2015
The struggle for inflation is real and strategic After the European Central Bank decided to initiate an asset purchasing program, President Mario Draghi reportedly elected to unwind with a game of chess on his iPad during the plane ride back to ...
Why So Much Oil Price Volatility? Blame The Speculators
August 31st, 2015
Oil prices crashed last week only to rebound at lightning speed. On August 28, oil prices surged 10 percent, the largest one-day gain in seven years. So, what happens next for oil prices? On the face of it, the ...
Shanghai Composite widens losses as US futures tank
August 31st, 2015
Mainland equities lost as much as 3.7 percent on Monday while Dow futures tanked more than 200 points on reports that Beijing may finally halt its controversial market intervention. A report by The Financial Times over the weekend said that Beijing will abandon large-scale share ...
Sterling drops to 1-1/2 month low vs rallying dollar after U.S. data
August 28th, 2015
Sterling fell to a 1-1/2-month low against the dollar on Thursday after data showing the United States grew robustly in the second quarter, boosting a view that U.S. interest rates could rise this year. Investors are still uncertain about ...
Playtech: Interim results for the six months ended 30 June 2015 – Directorate Change
August 27th, 2015
Delivering on our strategy – strong underlying growth and strategic M&A Playtech (LSE: PTEC) today announces its unaudited interim results for the six months ended 30 June 2015 together with a trading update for the period to 24 August ...
U.S. Stocks Come Charging Back
August 27th, 2015
Six-day losing streak ends as Fed official calls case for September rate increase ‘less compelling’ Stocks snapped a six-day losing streak Wednesday, soaring by the highest percentage in nearly four years amid signs of strength in the U.S. economy ...
Citigroup’s ‘Bad Bank’ Isn’t So Bad Anymore
August 13th, 2015
Citi Holdings, the ‘bad bank’ Citigroup created to dispose of unwanted assets, has become a surprise success story Citi Holdings was born to be bad. But it is getting better with age. The “bad-bank” unit of Citigroup Inc., Citi Holdings for more ...
SEC charged Two men and Eight companies with defrauding investors
July 31st, 2015
The Securities and Exchange Commission today charged two men and eight companies with defrauding investors, many of them upstate New York residents, who purchased the companies’ securities and so-called “charitable gift annuities.” According to the SEC’s complaint filed in ...
Morgan Stanley to pay more than $2.3 million to a group of investors for losses
July 29th, 2015
Firm accused of unauthorized trading and other misdeeds by brokers in Jackson, Miss.-area branch An arbitration panel ordered Morgan Stanley to pay more than $2.3 million to a group of investors for losses tied to alleged unauthorized trading and other misdeeds ...
Square reportedly files for IPO
July 27th, 2015
Mobile payments startup Square has filed confidentially for an initial public offering, according to Bloomberg sources. People with “knowledge of the matter” have told newswire Bloomberg that Jack Dorsey’s firm has taken advantage of the Jumpstart Our Business Startups Act, which ...
