Search Results for: SIX
Dollar hits near two-week high on renewed rate hike bets
September 22nd, 2015
The dollar touched an almost two-week high against a basket of major currencies on Tuesday after comments from Federal Reserve officials revived expectations that U.S. interest rates will still be hiked later this year. The greenback has bounced back ...
Trading Solutions provider TechFinancials announced Interim Results
September 22nd, 2015
TechFinancials, a software developer, has issued a report to announce Unaudited Interim Results for the Six Months Ended 30 June 2015. Financial Highlights Revenue increased to US$7.34m (H1 2014: US$7.16m) The core software licencing revenue increased by 33% to ...
VW emissions probe spreads to Asia
September 22nd, 2015
The South Korean government said that it will start an investigation into Volkswagen’s (VW) diesel cars after the automaker admitted to rigging emissions tests in the US. The government said it would test up to 5,000 VW Jetta and ...
Asia Currencies Slide After Fed Officials Signal Rate Increase Possible in 2015
September 22nd, 2015
Most Asian currencies weakened on Tuesday after comments by U.S. Federal Reserve speakers suggested the central bank could raise interest rates as early as next month, while shares made modest gains ahead of a reading on Chinese manufacturing. The ...
Private equity firm EMR teams up to buy Australian copper miner
September 21st, 2015
Private equity firm EMR Capital has teamed up with the former head of Equinox Minerals to buy a small Australian copper mine for up to A$15 million ($10.75 million) plus taking on about A$40 million in rehabilitation bond costs, ...
Oil prices rise as U.S. drilling declines
September 21st, 2015
Oil prices rose by around one percent on Monday as U.S. drilling slowed and analysts estimated that $1.5 trillion worth of planned American production investment was uneconomical at prices of $50 per barrel or lower. Crude prices have plunged ...
Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications
September 16th, 2015
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, and are now shedding tens of thousands of workers. Three ...
Fired Currency Traders Won’t Leave Quietly
September 16th, 2015
Six lawsuits filed in London by FX traders emerged last month Banks also faced employee suits after Libor scandal lay-offs As banks try to clean up trading floors beset by benchmark-rigging scandals, not all fired workers are leaving quietly. ...
Financial services Firms published their Trading Volumes for August 2015
September 16th, 2015
KCG Holdings, E*TRADE Financial Corporation and Alpari have issued press releases to inform regarding their Trading Volumes and Activity for August 2015. KCG released for August that: In Market Making, KCG averaged $35.6 billion dollar volume traded, 4.5 billion ...
Blockchain expert Tim Swanson talks about R3 partnership of Goldman Sachs, JP Morgan, UBS, Barclays et al
September 16th, 2015
Nine of the world’s biggest banks from both sides of the Atlantic and Asia Pacific have agreed to join a partnership to divine a set of common standards and practices towards constructing a shared digital ledger system for financial ...
