Search Results for: Tradition
UAE set to benefit from further China investment in 2016
December 17th, 2015
An increasing number of Chinese companies are expected to invest in the UAE’s property and manufacturing sectors next year as the government encourages companies to look overseas for growth, officials said yesterday. Chinese companies are investing more abroad, allowing ...
Saudi Arabia Spends Billions to Get Asia Hooked on Its Crude Oil
December 17th, 2015
At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds a 65 percent stake in the complex. Taking a controlling ...
Saxo Bank’s 10 Outrageous Predictions for 2016
December 16th, 2015
Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set of ‘Outrageous Predictions’ for the year ahead. These … Saxo Bank, the online multi-asset trading and investment specialist, has today released its annual set ...
PwC to hire 500 new staff in 2016 as it prepares for growth
December 16th, 2015
The Irish arm of international professional services firm PwC has announced plans to hire 500 new staff in 2016 The PwC number is made up of 300 graduate positions and 200 posts for more senior staff who have full ...
Shares climb, dollar dips as Fed prepares to lift rates
December 16th, 2015
Shares and bond markets rose and the dollar dipped on Wednesday, as investors readied for what is expected to be the first rise in U.S. interest rates in almost a decade. After more than a year of posturing and ...
Sony LIV partners with Fortumo to offer easy payment solutions to its users
December 15th, 2015
Sony LIV, Multi Screen Media’s (MSM) premium digital video entertainment service has associated with the mobile payments company, Fortumo. Fortumo will now power payments for Sony LIV users. On account of this association, more than 580 million subscribers of Airtel, Vodafone, Idea and ...
UAE, China set up $10 bln joint strategic investment fund
December 15th, 2015
The United Arab Emirates and China have established a joint strategic investment fund worth $10 billion, the UAE’s state news agency reported, as China pursues its ambition to rebuild Silk Road trade routes. The agreement was clinched during a ...
Brokers Warned Not to Steer Clients’ Stock Trades Into Slow Lane
December 15th, 2015
Brokers have been put on notice: treat your customers’ orders as well as you treat your own. The Financial Industry Regulatory Authority, Wall Street’s self-regulator, recently said firms using the fastest, most expansive price databases for their own stock trading must ...
What is Behavioral Finance?
December 14th, 2015
Why, and under what circumstance, can markets behave inefficiently? That is the central question of behavioural finance, which is the study of how psychological, cognitive and emotional factors impact market participants. Behavioural finance is studied under the wider ...
Alibaba agrees on $266 million acquisition deal with South China Morning Post
December 14th, 2015
Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd (0583.HK), a deal that has raised a question over the outlook for ...