Search Results for: assets
China Freezes Trading in 1,300 Companies, Locking Up 40% of Market Cap
July 8th, 2015
A wave of Chinese companies halted trading in their shares and regulators unveiled new measures to prop up the value of small-cap stocks in the latest attempts to stem a rout that’s wiped more than $3.5 trillion of value. ...
Chinese shares fall another 8% despite more measures
July 8th, 2015
Mainland Chinese shares continued to slide on Wednesday, falling more than 8% on opening. The slump came despite more moves by China’s regulators to try and stabilise the recently volatile market. The Shanghai Composite had recovered some losses by ...
Noble Group Sets Review Panel to Check Accounting; PwC Hired
July 7th, 2015
Noble Group Ltd. appointed PricewaterhouseCoopers LLP to review how it values some of its assets after criticism of the Asian trading company’s accounting practices. PwC will “conduct an assurance review of Noble’s mark-to-market models, valuations, and governance framework,” Noble ...
MAS’ response to media queries on recent developments in Greece
July 7th, 2015
In response to media queries, the Monetary Authority of Singapore (MAS) said that Singapore’s domestic money and foreign exchange markets continue to function in an orderly fashion. The direct exposure of our economy and banking system to Greece is ...
FSMA Warnings: Providers of binary options and forex products
July 7th, 2015
The Financial Services and Markets Authority (FSMA) once again warns the public against the activities of various providers of / intermediaries in binary options and/or forex products which engage in unauthorized activities in Belgium. Some of these providers are, ...
New York Stock Exchange Remains Global Leader in Capital Raising in First Half of 2015;
July 7th, 2015
The New York Stock Exchange, part of the Intercontinental Exchange (NYSE:ICE) global network of exchanges, remained the leading exchange globally for capital raising in the first half of 2015, with 264 transactions raising a total of $94 billion, more than ...
European Central Bank Press Release on Greek ELA
July 7th, 2015
European Central Bank Press Release : 6 July 2015 – ELA to Greek banks maintained Emergency liquidity assistance maintained at 26 June 2015 level Haircuts on collateral for ELA adjusted Governing Council closely monitoring situation in financial markets The ...
Asia shares win reprieve but Greece, China concerns limit gains
July 7th, 2015
Asian stocks won a reprieve on Tuesday after sharp falls the previous day but investors remained on edge amid uncertainty over Greece‘s position in the euro and volatility in mainland Chinese equity markets. Chinese shares dropped almost two percent ...
Time for state energy companies in Middle East to rethink overseas strategies
July 6th, 2015
The long, hot summer is usually a quiet period in the Arabian Gulf. But this season marks some dramatic changes for Middle East state energy companies and their overseas ventures. The falling oil price creates opportunities for some, problems ...
China stocks volatile after Beijing acts to avoid crash
July 6th, 2015
China stocks remained volatile on Monday, despite a series of dramatic steps by officials over the weekend designed to support markets. After opening with a gain of roughly 7%, the benchmark Shanghai Composite was trading 2.2% higher on Monday. ...
