Search Results for: capital gains
FOREX: Dollar strengthens as Greek debt crisis weighs on euro
May 12th, 2015
* Pressure remains on kiwi from rate-cut expectations * Sterling holds most post-election gains after BOE stands pat The dollar firmed against major counterparts on Tuesday, as ongoing anxiety over Greece‘s debt crisis helped push the euro toward a one-week ...
UBS Sets Sights on U.S. Investment Banking Again
May 8th, 2015
UBS AG, which stumbled badly the last time it pushed to expand in the lucrative U.S. investment-banking market, is again seeking to build its business here—though this time with more modest ambitions. UBS AG, which stumbled badly the last time ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
May 5th, 2015
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, effective 6 May 2015. The global economy is expanding at a moderate pace, but commodity prices have declined over ...
Largest independent broker-dealers enjoy double-digit revenue growth
May 4th, 2015
Despite lackluster sales of commission-rich products, IBD revenues grew in line with the broad market in 2014 Despite lackluster sales in 2014 of commission-rich products such as variable annuities and nontraded REITs, the leading independent broker-dealers managed to squeeze ...
Greek Nerves Turning Asian Money Off Europe, ADB Economist Says
May 4th, 2015
Asian companies are thinking twice about their dealings with European partners as jitters persist over whether Greece will splinter the euro area, the Asian Development Bank’s chief economist said. “The private sector is trying to adjust their strategy,” Shang-Jin Wei said ...
Asian shares rise as weak China data spurs stimulus bets
May 4th, 2015
Asian stocks bounced off lows on Monday and the Australian dollar pared early losses as weak China factory activity reinforced views that Beijing will roll out fresh support measures soon for the world’s second-largest economy. Spreadbetters expected the equity ...
Interim results of the Swiss National Bank as at 31 March 2015
April 30th, 2015
The Swiss National Bank (SNB) reports a loss of CHF 30.0 billion for the first quarter of 2015. The loss on foreign currency positions amounted to CHF 29.3 billion. A valuation loss of CHF 1.0 billion was recorded on ...
Banks around the world announced their First Quarter Results
April 30th, 2015
Banks around the world with international operations issued press release to annouce their Results for the First Quarter of 2015. Highlights for Credit Susisse, BNP Paribas, Royal Bank of Scotland and Bank of China are as follow: Credit Suisse ...
On Bank of Russia key rate ( from 14.00 to 12.50%)
April 30th, 2015
On 30 April 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 14.00 to 12.50 percent per annum, taking account of lower inflation risks and persistent risks of considerable economy cooling. Amid ruble appreciation and significant contraction in consumer demand in February-April 2015, monthly ...
Samsung Predicts Recovery After First-Quarter Earnings Drop 40%
April 29th, 2015
Samsung Electronics Co. expects earnings to recover in the second quarter as new Galaxy S6 smartphones lure back users and the component divisions win orders from rival vendors. Shares rose. Samsung on Wednesday predicted the revival after reporting a ...
