Search Results for: financial markets
India ranked the most attractive investment destination by UK investors
November 12th, 2015
India is a leading destination for UK investors, with 36% ranking it as the most attractive market. About 60% of UK-based companies are looking at entering/increasing existing operations in India over the next year. Over 600% increase in UK ...
What Morgan Stanley will do to boost profit
November 12th, 2015
Exclusive: Morgan Stanley turns to stodgy bank accounts to boost profit Morgan Stanley, (MS.N) better known for underwriting bonds than for retail banking, plans to offer savings accounts and certificates of deposits next year to wring more profit from ...
Asian shares rangebound amid gloomy oil outlook
November 12th, 2015
Pedestrians walk past a share prices board showing the numbers on the Nikkei 225 at the Tokyo Stock Exchange in Tokyo, Japan. Asian equities were lackluster on Thursday, with weakening commodity prices, concerns over a slower-growing China and a ...
‘Too big to fail’ Chinese banks face $400 billion capital call
November 11th, 2015
China‘s four biggest banks may have to raise up to $400 billion to meet new global capital rules, an onerous task that could pressure them to slow down lending at a time when Beijing wants them to help prop ...
HSBC hopes to leapfrog rivals with new China partnership
November 10th, 2015
HSBC to use JV to tap China’s onshore bond market Foreign rivals on restrictive licences have made little inroad HSBC will have full control of JV and broader licence Risk of rising defaults in slowing Chinese economy HSBC is ...
European stocks end lower as M&A hopes fade
November 10th, 2015
UniCredit may cut thousands of jobs; VW hit by downgrade European stocks finished lower Monday, hurt in part by disappointment over potential merger developments for InterContinental Hotels Group PLC and auto maker Renault SA. The Stoxx Europe 600 SXXP, -1.07% finished down ...
MTN CEO Dabengwa Resigns After $5.2 Billion Nigeria Penalty
November 9th, 2015
Dabengwa is replaced by Chairman Nhleko for up to six months The shares pare early losses to trade higher in Johannesburg MTN Group Ltd. Chief Executive Officer Sifiso Dabengwa unexpectedly resigned from Africa’s biggest mobile-phone operator to take responsibility ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Cross-Border RMB Flows and Capital Market Connectivity Between China and Singapore to Strengthen
November 9th, 2015
Initiatives to strengthen cross-border Renminbi (RMB) flows and a commitment to collaborate on capital market connectivity between China and Singapore were the key outcomes in financial co-operation arising from the recent State Visit to Singapore by the President of ...
Nikkei, Shanghai outperform lackluster Asia
November 9th, 2015
Asian stocks diverged on Monday, with markets in China and Japan leaping to their highest levels since August 21 while other regional bourses wobbled after below-view trade figures released at the weekend from China. October exports fell 6.9 percent from a ...