Asia Stocks Fall After Rally, Aussie Dollar Drops: Markets Wrap
May 9th, 2017
S&P 500 ekes out new record as VIX slumps to lowest since 1993 Japan’s Topix retreats from highest level since December 2015 Asian equity markets slipped from a two-year high in the absence of catalysts to spur further gains, ...
Russian Customer Support officer
May 8th, 2017
Russian Customer Support officer Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring ...
CONSOB warns for a provider of online trading on CFDs
May 8th, 2017
The Commissione Nazionale per le Società e la Borsa (CONSOB), the public authority responsible for regulating the Italian financial markets, has published today an investor protection warning for unauthorised investment firms in Italy. According the warning, CONSOB reports that ...
Gulf countries will return to economic growth
May 8th, 2017
The International Monetary Fund (IMF) has forecast the return of GCC countries to faster economic growth starting next year, supported by a fundamentally strong financial services sector and improved growth in the non-oil private sector as well as a ...
PwC lose audit to KPMG of a multinational consumer goods company
May 8th, 2017
Reckitt Benckiser ends 20-year PwC audit contract FTSE 100 consumer health giant Reckitt Benckiser Group has announced plans to change auditor with the announcement that KPMG will replace PwC from 2018 Big Four rival KPMG will become auditor for ...
China’s insurer to launch $1 billion fintech and health care fund
May 8th, 2017
Ping An Insurance Group, China’s largest insurer by market value, is launching its first overseas fund to invest in financial technology (fintech) and health care tech worldwide. Headed by Jonathan Larsen, an 18-year veteran of Citigroup, who joins as ...
Asian Stocks Climb as Global Growth Seen Intact: Markets Wrap
May 8th, 2017
Euro declines after Macron beats Le Pen for French presidency Japan shares rally after holidays while China extends selloff Asian stocks climbed outside of China, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
The European Commission proposes simpler and more efficient derivatives rules
May 7th, 2017
The European Commission is today proposing some targeted reforms to improve the functioning of the derivatives market in the EU. The reforms provide simpler and more proportionate rules for over-the-counter derivatives to reduce costs and regulatory burdens for market ...
Societe Generale reports net income of EUR 747 million for Q1 2017
May 6th, 2017
Net banking income for the businesses of EUR 6,518m (+4.0% vs. Q1 16) driven by the growth in International Retail Banking & Financial Services and Global Banking & Investor Solutions. Book net banking income of EUR 6,474m, up +4.8% ...
