Search Results for: asia
Canada seeks to become Renminbi (RMB) trading centre for the Americas
September 2nd, 2014
The Toronto Financial Services Alliance (TFSA) and AdvantageBC has announced they would work together, with officials from the federal, Ontario and BC governments, and the financial industry, to promote Canada as a trading hub for the Chinese currency, the ...
Japan wage growth surges in July
September 2nd, 2014
Japanese wages unexpectedly logged their strongest increase since 1997, providing a boost to the government’s battle against deflation. Labour cash earnings rose by 2.6% in July compared to a year ago, beating forecasts of a slowdown to 0.9%. “With ...
Australia 200 – Continues to Move Little Above 5600
September 2nd, 2014
Australia 200 for Tuesday, September 2, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...
China Plans a Market for Carbon Permits
September 1st, 2014
China plans to introduce its national market for carbon permit trading in 2016, a government official said on Sunday, adding that Beijing is close to completing rules for what will be the world’s biggest emissions trading program. China has ...
Australia 200 – Settles Above 5600
September 1st, 2014
Australia 200 for Monday, September 1, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...
Citi to pay allowance to compensate for limited bonuses
September 1st, 2014
Citigroup Inc (C.N) has told senior staff in Europe that they would receive fixed monthly pay in addition to their salaries in an attempt to compensate for rules that limit bonuses to up to twice the level of base ...
A New American Oil Bonanza
August 29th, 2014
The United States now accounts for 10% of the world’s oil production. As it sharply curtails imports from countries like Angola and Nigeria, those producers are then compelled to sell their oil to China and other Asian markets at ...
Australia 200 – Taking a Breather Around 5620
August 29th, 2014
Australia 200 for Friday, August 29, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. However since ...
India’s Narendra Modi launches bank accounts for all
August 28th, 2014
Indian Prime Minister Narendra Modi has launched a plan to provide a bank account for every household, in a landmark initiative to help the poor. Nearly 40% of Indians have little access to financial services and are often at ...
Mega-IPO to rekindle the ‘bromance’ behind Alibaba’s rise
August 28th, 2014
Masayoshi Son’s nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could ...
