Search Results for: asia
China, Japan stocks up as Beijing steps up stimulus
April 20th, 2015
Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. China’s central bank on Sunday cut the amount ...
CurrencyFair, World’s Leading Person-To-Person Currency Exchange Marketplace, Raises €10 Million
April 17th, 2015
The dominant person-to-person currency transfer platform operating in the £2k plus marketplace, secures €10 million round investment led by Octopus Investments. CurrencyFair has today announced it has raised a €10 million funding round, led by Octopus Investments. CurrencyFair was the first ...
Blackwell Global open new office in Hong Kong
April 16th, 2015
Blackwell Global, an award-winning forex and CFD brokerage, issued a press release to inform regarding its presence in Asia with a new office in Hong Kong. At the realms of this new expansion is John Chan, a veteran in ...
Virtu IPO Tests Perceptions of High-Speed Trading
April 16th, 2015
High-frequency trading firm prices shares at $19, high end of projected range When Virtu Financial Inc., starts trading Thursday, its performance will be a test of how markets view a firm that has been at the center of controversy ...
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
Wall Street falls ahead of first-quarter earnings
April 14th, 2015
Wall Street edged lower on Monday after two consecutive weeks of gains as fears increased that the strong dollar and lower oil prices will hurt US first-quarter earnings. The Dow Jones industrial average fell 81 points, or 0.45%, to ...
Top 12 Media Myths on oil prices
April 13th, 2015
The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s ...
Dollar’s rising trend remains intact amid weak China
April 13th, 2015
The dollar keeps moving up amid signs of a lackluster outlook for major economies such as China and Japan. The dollar maintained its rising trend on Monday in Asia amid signs of a lackluster outlook for major economies such ...
Speed Trader Virtu Readies Another IPO Try
April 7th, 2015
Deal could value the company at $2.59 billion With the controversy over high-speed trading firms cooling, one of them is preparing to brave the stock market. Virtu Financial Inc. on Monday outlined plans to go public later this month ...
Samsung forecasts $5.44bn in quarterly operating profit
April 7th, 2015
South Korea’s Samsung Electronics has forecast a quarterly operating profit of about 5.9 trillion won ($5.44bn; £3.65bn) for the first three months of 2015. The numbers beat market expectations, but would mark a fall of more than 30% in ...
