Search Results for: Markets
Greek bond order book soars to €17.5bn
April 10th, 2014
Greece has attracted a staggering €17.5bn order book for its eagerly anticipated return to the bond market – and banks are still taking bids. The final size of the five year deal is yet to be confirmed but banks ...
China Unveils Plan to Link Shanghai and Hong Kong Bourses
April 10th, 2014
China plans to connect the stock exchanges of Hong Kong and Shanghai, allowing a combined 23.5 billion yuan ($3.8 billion) of daily cross-border trading. Investors will be able to trade 10.5 billion yuan of Hong Kong-listed stocks through the ...
Asia Stocks Cut Gain as Emerging Currencies Fall on China
April 10th, 2014
Asian stocks pared gains, while emerging-market and commodity producers’ currencies slipped as a surprise drop in China’s trade tempered optimism after the Federal Reserve eased concern about U.S. rate rises. Indonesian equities tumbled after elections failed to show a ...
Tax Writers Clash on Paying for Extending Business Breaks
April 9th, 2014
The top lawmakers on the House Ways and Means Committee disagreed over whether extending tax breaks for research and international finance operations should be offset to prevent the U.S. budget deficit from growing. Representative Dave Camp, the committee chairman, ...
European Stocks Rise After Two-Day Drop; Kingfisher Gains
April 9th, 2014
European stocks advanced, after the region’s equities posted their first back-to-back losses in more than three weeks. U.S. index futures were also little changed, while Asian shares outside Japan rose. Kingfisher Plc (KGF) added 1.5 percent as UBS AG ...
European Stocks Are Little Changed Amid Ukraine Tension
April 8th, 2014
European stocks were little changed, after dropping yesterday from a six-year high, as investors weighed escalating tensions between America and Russia over the future of eastern Europe. U.S. index futures and Asian shares were also little changed. Suedzucker AG ...
Asian Stocks Fall Second Day as Health-Care Shares Drop
April 8th, 2014
Asian stocks fell for a second day, following the biggest three-day rout in U.S. shares in more than two months, as health-care to technology companies retreated in Japan. Chinese equities rose. Takeda Pharmaceutical Co. lost 5.2 percent after a ...
CFOs enter spend mode as risk appetite increases
April 7th, 2014
CFOs are looking to take more risk onto their balance sheets, as optimism and appetite to grow hit the highest levels in several years. Seven in ten of the senior CFOs interviewed by Deloitte said it was a good ...
Alfa Laval Buys Norwegian Pump Maker Frank Mohn for $2.2 Billion
April 7th, 2014
Alfa Laval AB (ALFA) agreed to buy Norwegian pumpmaker Frank Mohn AS for 13 billion kroner ($2.2 billion) in cash to capture spending in offshore oil and gas drilling. The transaction will add sales of 3.4 billion kroner from ...
Stock experts say the bull isn’t dead yet
April 7th, 2014
Wall Street professionals are still optimistic about stocks, despite a very volatile start for the markets this year. The 26 investment strategists surveyed in the past week by CNNMoney have an average year-end target for the S&P 500 of ...