Search Results for: brokers
Alibaba, South Korean City Of Incheon Mulling $912M Joint Investment In ‘Alibaba Town’
January 12th, 2015
China’s Alibaba Group Holding and the South Korean city of Incheon are in talks for a joint investment worth 1 trillion won ($912 million) in a new business area in the city, local media reported Monday. The new area, ...
Dollar Slips on Wages as Oil Drops; Chinese Stocks Drop
January 12th, 2015
The dollar fell for a second day after an unexpected drop in U.S. wages clouded the outlook for interest rates, and crude oil resumed declines. Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd. surged in Hong Kong after a reorganization, while ...
Swiss National Bank expects annual profit of CHF 38 billion
January 9th, 2015
Large annual profit allows for supplementary distribution According to provisional calculations, the Swiss National Bank (SNB) will report a profit in the order of CHF 38 billion for the 2014 financial year. The profit on foreign currencypositions amounted to ...
GFG Weekly Market Insight – 5 Themes For 2015 (week 05 Jan 2015)
January 9th, 2015
5 Themes for 2015 A look back at 2014 may shed some light on what could be ahead for 2015 with multi-asset class trading dynamics suggesting that a slow-motion repricing of risk and/or flight to liquidity may be underway. Possible ...
Swiss Government Rejects Proposal To Replace VAT
January 9th, 2015
The Swiss Government announced on January 7, 2014, that it had again rejected a popular initiative, “energy instead of VAT,” that would have replaced the nation’s value-added tax (VAT) with an emissions-based levy. The initiative was last rejected in ...
Moody’s appeals Hong Kong regulator’s penalty for report on mainland firms
January 9th, 2015
Moody’s Investors Service began an appeal Thursday against a decision by the Hong Kong Securities and Futures Commission to fine the company HK$23 million (roughly US$3 million) for breaching unspecified regulations in a July 2011 report that raised corporate ...
Bulgarian regulator to fine KPMG over Corpbank audit
January 9th, 2015
A Bulgarian regulator said on Thursday it will fine the global accounting firm KPMG and two of its employees, saying they did not properly vet the books of Corporate Commercial Bank before it was hit by a run on ...
Hong Kong Continues To Attract Record FDI
January 9th, 2015
Invest Hong Kong, the territory’s inward investment agency, has announced that it assisted a record number of businesses to establish operations in 2014. InvestHK’s Director-General of Investment Promotion, Simon Galpin, said: “2014 was another record year for InvestHK in ...
How OPEC Weaponized the Price of Oil Against U.S. Drillers
January 9th, 2015
If there ever was doubt about the strategy of the Organization of Petroleum Exporting Countries, its wealthiest members are putting that issue to rest. Representatives of Saudi Arabia, the United Arab Emirates and Kuwait stressed a dozen times in ...
Trader doubles down on bearish oil bet
January 9th, 2015
One trader who has already made big money on the decline in oil services stocks is doubling down and betting big on further downside for the sector. On an active day for options on the Market Vectors Oil Services ...
