Search Results for: Singapore
Visa Opens its Global Network with Launch of Visa Developer
February 5th, 2016
Visa Inc. (NYSE:V) announced the launch of Visa Developer, a milestone that transforms the world’s largest retail payments network to an open platform that will drive innovation in payments and commerce. For the first time in the company’s nearly 60 ...
Oil Prices Could Jump 50% by the End of 2016
February 3rd, 2016
WTI seen averaging near $46 a barrel in Q4; Brent at about $48 U.S. sees domestic oil output falling by 620,000 barrels a day Oil bulls distressed that last week’s rally fizzled can find some comfort in forecasts for ...
Goldman Sachs executive takes ‘personal leave’ amid Malaysian fund corruption probes
February 1st, 2016
Tim Leissner, chairman of Goldman Sachs Southeast Asia’s operations, has taken a “personal leave” amidst corruption scandals associated with Malaysia’s state-owned 1MDB fund, with which Goldman worked closely. President of Goldman’s Singapore operations since 2006 and chairman of its ...
Liquidnet Posts Record 2015 Performance in APAC
January 29th, 2016
Liquidnet Posts Record 2015 Performance in APAC, Driven by Japan and Hong Kong Volumes jump 18% amid higher demand from institutions for block-sized executions Liquidnet, the global institutional trading network, announced a record year in Asia Pacific for ...
Gold near 12-wk top as dollar slips ahead of Fed statement
January 27th, 2016
Fed expected to keep rates unchanged, cite gloomy global outlook Dollar weaker versus currency basket, Asian stocks subdued SPDR Gold holdings at highest since November Coming Up: Federal Reserve releases statement; 1900 GMT (Updates prices) Gold beamed near a ...
FXCM Integrates CFD Pricing Into FlexTrade’s Technology
January 25th, 2016
FXCM Inc. with FlexTrade Systems Inc. today announced the integration of FXCM’s CFD pricing into FlexTrade’s technology. FXCM through FXCM Pro focuses heavily on its wholesale business, which services brokers, funds, and emerging market banks. The offering provides a bevy of ...
Barclays Announces Initiatives in the Investment Bank
January 25th, 2016
Barclays PLC (“Barclays”) has announced several initiatives within its Investment Bank which build on its existing strategy. The Investment Bank will continue to focus on its two home markets in the UK and US and to develop its global ...
Asia stocks eke out gains in afternoon trade
January 19th, 2016
Asian equities bounced back in afternoon trade after having a mixed but volatile reaction to a slew of key Chinese data that were mostly in line with expectations. Chinese stocks jumped in late trade, with the Shanghai composite up ...
China GDP Slows to Weakest Since 2009 on Manufacturing Slide
January 19th, 2016
As growth ticked lower, yuan and stocks volatility marked 2015 Two-speed divergence as old drivers slow, services do better China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership ...
China Said to Put Reserve Rule on Offshore Bank Yuan Funds
January 18th, 2016
Officials extending effort to counter speculation against yuan Premier Li underscores `no basis’ for continued yuan slide China is stepping up efforts to counter speculative bets against the nation’s currency, through imposing reserve requirements on yuan deposits held on ...