Search Results for: Shanghai
China freezes accounts of metals-trading giant Trafigura
March 4th, 2015
Chinese police have frozen two bank accounts held by Trafigura, one of the world’s three largest private oil and metals traders, as the authorities investigate an alleged $32 million gasoline-trade fraud, according to three sources. Police have held Beijing-based ...
Asian stock markets mostly down despite US closing highs
March 3rd, 2015
Stock markets in Asia were mostly down on Tuesday, despite markets in the US, where both the Dow Jones and the S&P 500 closed at all-time highs. Australia’s benchmark S&P/ASX 200 was down 0.62% at 5,922.00 points in afternoon ...
China’s shares rise after PBOC rate cut
March 2nd, 2015
Shares in China were higher on Monday after the mainland’s central bank unexpectedly cut interest rates at the weekend for the second time since November. Hong Kong’s Hang Seng was up 0.36% at 24,911.91 points in mid-morning trade. Meanwhile, ...
China Said to Tax Past Capital Gains by International Funds
February 27th, 2015
China plans to collect capital gains taxes from foreign money managers that invested in mainland markets during the five years through November 2014, a move that may compel funds to claw back more than $1 billion from investors to ...
Japan’s shares at fresh 15-year high on weaker yen
February 27th, 2015
Shares on Japan’s main index were up on Friday morning due to a weaker yen against the US dollar and despite a raft of mostly disappointing economic figures. In Tokyo, the benchmark Nikkei 225 was up 0.24% in early trade at ...
Events – Conferences – Seminars
February 26th, 2015
Stay updated with coming Live Events, Conferences and Seminars for Forex Market, Accounting, Legal Banking and in general on Business, Finance and Investments
Asian stocks higher on earnings, China factory
February 26th, 2015
Asian stocks were mostly higher Thursday on upbeat corporate earnings and rising Chinese factory output after the chairwoman of the U.S. Federal Reserve said it will be patient about increasing interest rates. Keeping score: Japan’s Nikkei 225 rose 0.6 ...
HSBC whistleblower spills Lynch evidence to Senate
February 19th, 2015
Massive drug, terrorism scandal ropes in Obama’s AG nominee The Senate Judiciary Committee on Wednesday conducted a two-hour session with HSBC whistleblower John Cruz in its investigation of attorney general nominee Loretta Lynch’s role in the Obama administration’s decision ...
Asia stocks mostly rise, gains tempered by Greek standoff
February 17th, 2015
Asian stock markets were mostly higher Tuesday but gains were tempered after Greek debt talks broke down, raising the prospect Athens might leave the euro currency. KEEPING SCORE: Tokyo’s Nikkei 225 was little changed at 18,001.58 while the Shanghai ...
Tokyo shares at eight-year top, Greek talks loom
February 16th, 2015
Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. Oil prices faded after an early spurt, ...