Search Results for: financial markets
This Precious Metal Needs a Silver Bullet
August 6th, 2015
In the past 12 months alone, the benchmark silver-futures contract has declined 27% Once prized as a precious metal that could be put to practical use, silver is now getting the worst of both worlds. Like gold, silver has ...
Saxo Bank announced the appointment of new Chief Operating Officer
August 5th, 2015
Saxo Bank, the online multi-asset trading and investment specialist, announces the appointment of Søren Kyhl as Chief Operating Officer (COO) and member of the Management Board effective from January 1st 2016. His appointment will further strengthen the organisation and ...
Asian Shares Gain After Rosy China Data
August 5th, 2015
IMF says China likely needs more market liberalization before labeling yuan a reserve currency Asian shares pared earlier losses to trade higher Wednesday after a gauge of China’s service sector reached an 11-month high, outweighing concerns that a rise ...
Global Banks report their results
August 4th, 2015
Commerzbank, Deutsche Bank, BNP Paribas, UBS AG, Mitsubishi UFJ Financial Group, Inc. and HSBC issued reports to inform public regarding interim results HSBC Holdings plc HSBC Holdings plc 2015 Interim Results – highlights Financial performance Reported profit before tax ...
Can auditors expand assurance to meet investors’ needs?
August 4th, 2015
A company’s audited financial statements are among the many pieces of information investors consider when they evaluate where to allocate resources. But news releases, company presentations, additional information in annual reports, and non-GAAP key performance indicators and financial metrics ...
Alpha Payments Cloud Partners with Snapcard to process Bitcoin Payments
August 4th, 2015
Snapcard, a Bitcoin payment processor and bitcoin wallet, partners with Alpha Payments Cloud to power AlphaHub users to accept Bitcoin payments globally. Alphahub serves a omni-channel payments platform to Payment Service Providers, banks and financial institutions covering 60 international markets. Bitcoin ...
Deutsche Bank Said to Be Probed by DOJ on Russia Mirror T
August 4th, 2015
U.S. federal prosecutors are investigating billions of dollars of trades Deutsche Bank AG made on behalf of Russian clients as recently as this year, according to people with knowledge of the situation. The Justice Department’s criminal probe, which hasn’t ...
RBA: Monetary Policy Decision
August 4th, 2015
Reserve Bank of Australia (RBA) at its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
China stock exchanges step up crackdown on short-selling
August 4th, 2015
China stepped up its crackdown on short-selling of shares on Tuesday, unveiling rules that make it harder for speculators to profit from hourly price changes, as some of the nation’s major brokerages suspended their short-selling businesses. China’s stock exchanges ...
Deloitte Digital picks up MashUp
August 3rd, 2015
Digital consultancy arm Deloitte Digital has acquired customer experience start-up MashUp as part of its continued push into the design and fit-out of physical spaces. The acquisition, expected to be completed by September 1, will see MashUp’s workforce become fully integrated ...