Search Results for: dollar
Freshfields further strengthens its Japan dispute resolution and employment practice with two new partner appointments
May 5th, 2015
Freshfields Bruckhaus Deringer is pleased to announce the promotion of Akiko Yamakawa and Nicholas Lingard to partners of the firm, effective 1 May 2015. Akiko has been a member of Freshfields’ Tokyo office since 2000 and is well-known in ...
China Stocks Drop While Aussie Gains After RBA; Commodities Fall
May 5th, 2015
Chinese stocks fell on concern recent gains were excessive, while Indonesia’s rupiah weakened after the economy contracted. Australia’s currency rose amid speculation the central bank will refrain from further interest-rate cuts. The Shanghai Composite Index retreated 2.3 percent by ...
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 ...
CME Group Volume Averaged 11.5 Million Contracts per Day in April 2015
May 4th, 2015
Foreign exchange (FX) average daily volume rose 50 percent Energy average daily volume rose 23 percent Agricultural commodities average daily volume rose 11 percent CME Group, the world’s leading and most diverse derivatives marketplace, today announced that April 2015 volume was ...
Oil Holds Below $60 as China Manufacturing Shows Slowing Demand
May 4th, 2015
Oil held below $60 in New York as a Chinese manufacturing gauge weakened in April, signaling fuel demand is slowing in the world’s biggest energy consumer. Futures in New York rose 0.1 percent after falling 0.8 percent on Friday. ...
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 ...
KCG Announces Consolidated Earnings Of $2.19 Per Diluted Share For The First Quarter Of 2015
May 4th, 2015
KCG Holdings, INC. has issued a press release to inform for the company’s first quarter 2015 results. From first quarter 2015 results and the sale of KCG Hotspot, KCG’s tangible book value rises to $13.86 per share, book value ...
OCR unchanged at 3.5 percent
April 30th, 2015
Statement issued by Reserve Bank of New Zealand Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate unchanged at 3.5 percent. Trading partner growth continues at around its long-term average, but remains dependent on highly accommodative ...
Bitcoin brokerage Circle gets $50 million investment
April 30th, 2015
Bitcoin brokerage Circle Internet Financial Inc said it closed a $50 million (32 million pounds)investment round led by Goldman Sachs and IDG Capital Partners. The company also said it will start giving customers the ability to hold, send, and ...