Search Results for: dollar
Amazon to offer loans to sellers in China, 7 other countries
June 30th, 2015
Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. Until now, the e-retailer ...
SEC Charges KKR With Misallocating Broken Deal Expenses
June 30th, 2015
The Securities and Exchange Commission today charged Kohlberg Kravis Roberts & Co. (KKR) with misallocating more than $17 million in so-called “broken deal” expenses to its flagship private equity funds in breach of its fiduciary duty. KKR agreed to ...
Greece Risk May Pose Black Swan Dangers for Emerging Markets
June 30th, 2015
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, sparking concern defaults and bank collapses could spill over to other European nations, and impose a global impact. This time, though, Europe ...
China stocks are giving investors a nasty case of whiplash
June 30th, 2015
China stocks resumed their volatile decline on Tuesday, compounding losses that have erased trillion of dollars in market value in recent weeks. The Shanghai Composite dropped as much as 6% in morning trading, before bouncing back. The performance pushed ...
Asia stocks bounce back but Greece uncertainty still looms
June 30th, 2015
Asian stock markets bounced back Tuesday, recouping some of the previous day’s sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. Japan’s benchmark Nikkei 225 gained 0.4 percent to 20,189.02 after ...
Top Stories of the day June 29
June 29th, 2015
News of the day are around Greek crisis and what is the next day. Trading firms are on alert regarding currency volatility where National Bank of Switzerland confirmed that intervened in markets. 1. In wake of MPs approving plebiscite, ...
Euro volatility: The impact of Greece crisis has been less clear in FX than in other markets
June 29th, 2015
Euro recovers ground but still broadly down in volatile trade The euro recovered much of the ground it had lost overnight in volatile trading on Monday, but was still 0.8 percent down against the dollar, after Greece took a ...
On Monday, It’s China Versus Greece
June 29th, 2015
Fear and greed are both getting a serious workout lately, but Monday will be even more fun than usual because of two big stories that hit over the weekend. First, Greece decided to put the draconian demands of its ...
Asian stock markets sink after Greece closes banks
June 29th, 2015
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the euro edged down against the dollar after Athens announced the ...
Another Week, Another Chinese Gold Mine
June 26th, 2015
Though the true amounts are debatable, it’s generally conceded that China is importing a lot of gold. What’s not included in this calculation — but should be — are the deposits its mining companies are acquiring overseas. This gold-in-the-ground ...
