Search Results for: Moody's
China shares tumble again, taking 2016 losses to $2 trillion
January 27th, 2016
Chinese shares fell sharply again on Wednesday after plunging in the previous session, taking losses in 2016 to nearly 25 percent or 13 trillion yuan ($2 trillion). The benchmark Shanghai Composite Index SSEC was down 3 percent in afternoon ...
Asian stocks bruised by tumbling oil, Fed hike jitters
November 13th, 2015
Asian stocks were battered on Friday, with risk-off sentiment in full swing amid sharp falls in the price of commodities and growing expectations that the Federal Reserve is on track for a rate hike in December for the first ...
FINRA Sanctions Santander Securities LLC $6.4 Million
October 14th, 2015
The Financial Industry Regulatory Authority (FINRA) announced today that it ordered Santander Securities LLC to pay approximately $4.3 million in restitution to certain customers who were solicited to purchase Puerto Rican Municipal Bonds (PRMBs). Additionally, the firm will pay ...
Asian shares mixed, with Nikkei at 2-week lows
September 24th, 2015
Asian shares traded mixed on Thursday, with Japan’s Nikkei 225 index lagging behind its regional peers after returning from a three-day national holiday earlier in the week. The triple whammy of an uninspiring lead from Wall Street overnight, a modestly stronger yen and ...
Asia’s key risks this week: China flash PMI, Japan inflation
September 21st, 2015
As financial markets in Asia recover from the Fed’s decision to keep rates unchanged, other risk events will likely serve up fresh volatility this week. China’s flash Caixin purchasing managers’ index (PMI) for September will be announced on Wednesday ...
Looming FOMC meeting keeps Asian stocks on edge
September 11th, 2015
Asian stocks see-sawed on the final trading day of the week, as investors eyed increased uncertainty heading into the Federal Reserve‘s crucial meeting on interest rates next week. The Fed is widely expected to raise its near-zero interest rate as ...
Greece’s headache: how to lift the capital controls?
July 27th, 2015
It is just the headache Greece‘s government does not need right now: how can it loosen the capital controls that are shielding its banks, but strangling the rest of the economy? For the past month, Greece has been financially ...
Asian stock markets sink after Greece closes banks
June 29th, 2015
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the euro edged down against the dollar after Athens announced the ...
MOVES-Mills takes BofA Merrill Lynch EMEA product solutions helm
April 28th, 2015
Martin Mills has been appointed head of EMEA product solutions at Bank of America Merrill Lynch, according to an internal memo seen by IFR. Mills replaces John Cavanagh, who left the position at the end of March. He reports ...
India is world’s fastest growing major economy. Can it last?
April 15th, 2015
India is looking like the success story of 2015. Its economy is growing faster than China‘s this year, and the most of any major economy in the world. It will surpass Russia‘s this year in size and nearly equal ...
