Search Results for: World Bank
Oil jumps to near $106 on Iraq violence
June 12th, 2014
Oil rose to near $106 per barrel Thursday as an insurgency in Iraq raised the risk of disruption to supplies after OPEC vowed to keep output unchanged. Benchmark U.S. oil for July delivery was up $1.45 to $105.85 a ...
Levine on Wall Street: Revenue Models
June 12th, 2014
Is Uber’s valuation reasonable? Aswath Damodaran thinks no, Andrew Ross Sorkin thinks yes, but two data points from Henry Blodget that may or may not be true are that its revenue (1) is now $2 billion a year and ...
Crédit Agricole (CIB) Selects Solace Systems Messaging Appliances for Next Generation eTrading Platform
June 11th, 2014
Solace Systems announced that Crédit Agricole Corporate and Investment Bank (CIB), has decided to implement Solace messaging appliances as the data distribution backbone as part of its continuous investment in low latency electronic trading in FX, Rates and Bonds. ...
Price rises threaten to stifle China easing
June 10th, 2014
Chinese consumer inflation picked up in May following a dip in April that had raised concerns about the danger of deflation in the world’s second-largest economy. The headline consumer price index rose 2.5 per cent from a year earlier, ...
Moscow Exchange is to join the FIX Trading Community as a new Global Premier member
June 10th, 2014
Moscow Exchange (MOEX) has issued in its press release dated June 9th that is delighted to join the FIX Trading Community as a new Global Premier member. MOEX manages the sole exchange platform in Russia for equities, bonds, derivatives, ...
Money Moves, India Tax Evaders, Credit Suisse: Compliance
June 10th, 2014
The U.S. Treasury Department said it sets limits while giving the nation’s intelligence agencies access to reports that banks file on suspicious or large money moves by customers, including information about Americans. The Treasury, saying it was responding to ...
Macau Tightens UnionPay Use in Threat to Casino Money Flows
June 10th, 2014
Macau’s government plans to further restrict the use of China UnionPay Co.’s debit cards at casinos, curbing money flows to the world’s largest gambling hub by making it harder for bettors to buy expensive items that they exchange for ...
Will Russia’s friendship with China work?
June 6th, 2014
When Russian President Vladimir Putin and his Chinese counterpart Xi Jinping signed a huge gas deal last month, the timing couldn’t have been better. It was on the eve of the Putin’s St Petersburg Forum, and just weeks after ...
European stocks hold six-year highs
June 6th, 2014
European stocks are holding six-year highs, while Wall Street is on course for another record, as investors continue to absorb the latest bout of central bank stimulus and attention turns to the health of the US jobs market. The ...
Wall Street Fights for Our Right to Pay 5% Fund Fees
June 6th, 2014
One of Wall Street’s chief lobbyists wants you to know that the financial industry has changed, a lot, since the financial crisis. The industry “has already fundamentally reshaped itself into one that is safer, sounder and more resilient,” Ken ...
