Search Results for: Markets
China’s Lenovo sees 29% jump in full year net profit
May 21st, 2014
The world’s biggest personal computer maker has reported a 29% jump in full-year earnings while at the same time extending its position as market leader in the PC industry. Lenovo earned a record $817m (£485m) in net profit for ...
Eastern dryness mars strong Australia crop outlook
May 20th, 2014
Dryness in eastern Australia is marring otherwise favourable prospects for US growers, and posing an “increasing risk” to a recovery in cattle prices, RuralCo said, as the farm services group unveiled a return to the black. The grain trading-to-farm ...
CySec: renouncement of licence
May 20th, 2014
The Cyprus Securities and Exchange Commission announces that, on 6 May 2014, the CIF «Harvest Financial Services Ltd», renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and Regulated Markets Law of 2007, as in ...
CySec: regarding the harmonized implementation of T+2 as standard settlement
May 20th, 2014
CySec has issued a press release regarding the harmonized implementation of T+2 as standard settlement period in OTC Secondary Markets for transferable government securities as of 6 October 2014 by the 28 member states, as follows: The text of the ...
The Greek Bond Dump
May 20th, 2014
Here’s a chart showing Greece’s 10-year bond yield during the past 10 days: Here’s what happened. On Thursday, speculation swept the markets that the government was about to levy a retroactive tax on profits made on trading Greek government ...
ASIC reports on dark liquidity rule
May 19th, 2014
The Australian Securities and Investments Commission (ASIC) today released the results of a review of rule changes affecting ‘dark trading’ and their impact on market quality. The meaningful price improvement rule and changes to block tier thresholds were introduced ...
Springtime for Bankers
May 19th, 2014
By any normal standard, economic policy since the onset of the financial crisis has been a dismal failure. It’s true that we avoided a full replay of the Great Depression. But employment has taken more than six years to ...
SEC Warns Investors About Marijuana-Related Investments
May 19th, 2014
The U.S. Securities and Exchange Commission cautioned investors about the potential for fraud in microcap companies that claim their operations relate to the marijuana industry after the agency suspended trading in the fifth such company within the past two ...
SocGen Ex-Trader Kerviel Taken in by French Police at Border
May 19th, 2014
Jerome Kerviel, the former Societe Generale SA trader facing prison for a record banking loss, was taken charge of by French police after prosecutors said his failure to turn himself in would have made him a fugitive. More than ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
