Search Results for: china
Euro Near Two-Year Low as Ifo to Spur Draghi Push; Aussie Gains
November 24th, 2014
The euro was near a two-year low versus the dollar before a German report that economists said will show business confidence declined for a seventh month. The shared currency held declines against most major peers after European Central Bank ...
Wide global divergence in corporate governance requirements
November 21st, 2014
Adequate and effective corporate governance (CG) is critical in supporting boards and management to navigate uncertainty in the international business arena. Yet, a joint study by ACCA Singapore and KPMG in Singapore reveals a wide divergence in CG requirements ...
JACK MA: This Is Alibaba’s Most Dangerous Moment
November 20th, 2014
People now think that Alibaba, after being repeatedly underestimated, is capable of doing anything. That’s why Alibaba founder Jack Ma says the company is in its “most dangerous moment,” according to Bloomberg. Ma was speaking at a conference in ...
Yahoo to replace Google as default search engine on Firefox in US
November 20th, 2014
Yahoo will replace Google as the default search engine on the Firefox web browser in the US, signalling Yahoo’s resolve to regain some of the ground that it has lost in the most lucrative part of the internet’s ad market. The ...
Gold Holds Drop Below $1,200 as Dollar Strengthens, SPDR Shrinks
November 20th, 2014
Gold held losses below $1,200 an ounce as a gauge of the dollar traded near the highest level in five years on expectations that U.S. interest rates will rise and assets in the largest exchange-traded product shrank. Bullion for immediate delivery ...
Yen Falls to Seven-Year Low on Election Outlook as Won Drops
November 20th, 2014
The yen declined to a seven-year low versus the dollar amid speculation Prime Minister Shinzo Abe will win elections and extend his economic stimulus program. Japan’s currency dropped against all except one of its 16 major counterparts. A gauge ...
Cheap-Oil Era Tilts Geopolitical Power to U.S.
November 20th, 2014
A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others. Some changes already are evident. Surging U.S. oil production enabled America ...
Dollar hits seven-year high vs yen ahead of Fed minutes
November 19th, 2014
The dollar hit a seven-year high against the yen on Wednesday ahead of minutes from the U.S. Federal Reserve’s latest policy meeting, as investors bet on an increasingly divergent outlook for the world’s major economies. European stock markets turned ...
Dollar Climbs With European Stocks as Treasuries Decline
November 19th, 2014
The dollar strengthened to a seven-year high against the yen before the Federal Reserve releases minutes of its last meeting, when it ended a bond-buying program. Treasuries and German bunds declined while stocks rose in Europe and the pound gained. The U.S. currency ...
Blackstone chases Buffett with ‘core’ private equity
November 19th, 2014
Blackstone Group LP has reached out to its biggest fund investors about investing in a new investment vehicle with a longer investment horizon than the typical 10-year private equity fund, according to people familiar with the matter. Dubbed “core” ...
