Search Results for: NEX Group
SEC Fines NYSE for rule violations
May 2nd, 2014
The New York Stock Exchange’s $4.5 million penalty for oversight violations represents the Securities and Exchange Commission’s first salvo since Michael Lewis reignited scrutiny of market structure. NYSE, which was bought by IntercontinentalExchange Group Inc. (ICE) last year, agreed ...
Google warning on Putin’s possible Internet censorship might prove right
April 30th, 2014
Google Inc. Chairman Eric Schmidt warned last year that Russia was “on the path” toward China’s model of Internet censorship. Vladimir Putin is proving him right. With Russia locked in the worst standoff with the U.S. since the Cold ...
Wall Street’s Top Banks To Keep Lower Profile At Russian Investment Meeting Amid Growing Sanctions
April 30th, 2014
Wall Street’s top firms are walking an increasingly fine line between business as usual and growing political pressure to shun Russia for its annexation of Crimea and meddling in Ukraine, believing that their business ties are more important than ...
The deep freeze – how are the Russia and Ukraine sanctions affecting offshore law firms?
April 29th, 2014
With the impact of EU and US sanctions on Russia and Ukraine stretching far beyond the individuals targeted, Caroline Thorpe examines the effect on offshore jurisdictions, and how law firms are dealing with the pitfalls and opportunities of this ...
Asian Stocks Swing From Gain to Loss on Earnings Outlook
April 29th, 2014
Asian stocks swung between gains and losses as investors weighed corporate earnings and after U.S. equities advanced. China Petroleum & Chemical Corp. slid 1.3 percent in Hong Kong after Asia’s biggest refiner posted first-quarter profit that missed analyst estimates. ...
S&P Lowers Russia’s Currency Ratings
April 25th, 2014
Standard and Poor’s Financial Services, or S&P, on Friday lowered Russia’s currency ratings, and hinted at the possibility of a further sovereign rating downgrade if the country’s failing creditworthiness, hurt by slowing economic growth and sanctions from the Ukraine ...
Tokyo Inflation Quickens to Fastest Since 1992
April 25th, 2014
Tokyo’s consumer prices rose 2.7 percent in April from a year earlier, the biggest jump since 1992, pumped up by a sales-tax increase and a year of unprecedented stimulus from the Bank of Japan. Inflation excluding fresh food accelerated ...
China Stocks Drop to Three-Week Low on IPO Concern; Vanke Gains
April 24th, 2014
China’s stocks fell to a three-week low, led by technology and small-company shares, on concern new equity sales will divert funds. Property developers rose after Anbang Life Insurance Co. raised its stake in Gemdale Corp. (600383) Risen Energy Co., ...
Japanese Panel Looks For Gradual Corporate Tax Cuts
April 24th, 2014
An early cut in the country’s high corporate tax rate is to be recommended by the study group that was established by the Japanese Government’s Tax Commission to look at corporate tax reform. The study group has recommended that ...
P&G Hopes New Razor Keeps Its Results On The Cutting Edge
April 22nd, 2014
It’s been said that if you build a better mousetrap the world will beat a path to your door, but what about razors and tooth whitener? We’ll find out on Wednesday when Procter & Gamble Co. (NYSE:PG), the Cincinnati ...
