Search Results for: US economy
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse agree on joint venture
May 27th, 2015
Shanghai Stock Exchange, China Financial Futures Exchange and Deutsche Börse today agreed on a strategic cooperation to launch a joint venture. It has the objective to develop and to market financial instruments based on Chinese underlyings to international investors ...
The Legal Market in Mexico: The Quandary of the Top Domestic Players
May 27th, 2015
These are exciting times in Mexico. There are seismic legal and economic changes underway as a result of President Enrique Peña Nieto’s “Pact for Mexico.” Top local law firms in Mexico City are focused on the most-effective ways to ...
China’s yuan ‘no longer undervalued’: IMF
May 27th, 2015
For years, China has been criticized for keeping its currency from strengthening too much against the dollar. But those days may be over — the International Monetary Fund has declared that the yuan is “no longer undervalued.” “Appreciation over ...
FTSE starts transition to include China A Shares in global benchmarks
May 26th, 2015
FTSE announces transition to include China A Shares in global indexes Two new transitional emerging markets indexes launched Approximately 5% initial A Shares weighting in the FTSE Emerging inclusion indexes, rising to 32% when China A Shares become fully ...
Bank of Israel leaves June interest rate unchanged
May 26th, 2015
The Bank of Israel has left the rate unchanged at an historic low of 0.1% for the third consecutive month. The Bank of Israel Monetary Committee headed by Governor Dr. Karnit Flug has kept the interest rate for June unchanged at ...
Emirates Global Aluminium to spend $5bn boosting capacity
May 26th, 2015
State-owned Emirates Global Aluminium (EGA) is spending US$5.2 billion to boost capacity at its smelter in Dubai and build an alumina refinery in Abu Dhabi, a company executive said yesterday. EGA, the world’s fifth-largest aluminium producer, was formed last ...
Debt talks resume amid concerns over differences, looming repayment, political upheaval
May 26th, 2015
Government officials on Monday expressed confidence that Greece was close to a deal with creditors that would allow loans to be unlocked but pressure is growing on Prime Minister Alexis Tsipras from abroad and on the domestic front. The ...
Asian shares turn higher as China rallies, dollar up
May 26th, 2015
Asian shares turned higher on Tuesday, reversing earlier losses on the back of gains in Hong Kong and China, while the dollar extended highs scaled in holiday-thinned trading in the previous session. European shares marked a weak finish in ...
It Is Mathematically Impossible To Pay Off All Of Our Debt
May 25th, 2015
Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt? Today, the debt of the federal government exceeds $145,000 ...
BRICS to establish new multi-currency financial order
May 25th, 2015
The new BRICS initiatives break the monopoly of existing western institutions over the financial order – a very important symbolic change, as it’s the first time a global financial institution is led by developing countries, said experts to RT. ...
