Search Results for: japan
Dollar heads for biggest weekly gain in nearly a month
April 10th, 2015
The dollar rose Friday against most major rivals, remaining on track to log its best week in about a month. The ICE U.S. Dollar Index DXY, +50% a key measure of the dollar’s strength against a basket of six currencies, ...
Central Banks at Zero Failing to Turbocharge Effect of Cheap Oil
April 9th, 2015
Central bankers unable to cut interest rates are failing to turbocharge the effect of declining oil prices. Economists at Oxford Economics Ltd., a U.K.-based research group, say policy makers may be damping hopes that last year’s near-halving of crude ...
The $33 Billion Silver Lining to Israel’s Stock-Market Exodus
April 9th, 2015
As stock trading in Israel plunges and public offerings dry up, the country’s flagship bourse may have found a savior: exchange-traded notes. The volume of trading in ETNs, which are similar to exchange-traded funds but have stricter return rules, ...
Bank of Korea Monetary Policy Decision
April 9th, 2015
The Monetary Policy Committee of the Bank of Korea decided today to leave the Base Rate unchanged at 1.75% for the intermeeting period ” Based on currently available information the Committee considers that, although the trend of economic recovery ...
Is The Whole World Slowing Down?
April 6th, 2015
The stats just keep getting stranger and, if you’re a policymaker or an investor, scarier. According to a (now widely publicized) McKinsey & Co study, instead of deleveraging after the debt-induced crisis of 2008-2009, the world borrowed another $57 trillion. ...
Asian central banks back in action this week
April 6th, 2015
The week ahead starts with Asian markets digesting the crucial U.S. nonfarm payrolls report, which continued to fuel the ongoing debate over when the Federal Reserve will launch its first interest rate hike. After digesting the U.S. jobs data, ...
Asia up after dismal U.S. jobs data, dollar pressured
April 6th, 2015
Asian shares rose and the dollar steadied but remained under pressure on Monday, after a dismal U.S. jobs report led investors to pare bets the U.S. Federal Reserve would hike interest rates anytime soon. Major European markets were closed from Friday to ...
Commencement of a New Bank to Offer Wealth Management Services for Individual Investors in Hong Kong
April 3rd, 2015
Establishing a wealth management bank through joint investment by Japanese and Hong Kong companies including Shinsei Bank, Monex Group, AD Capital, Convoy and Tokyu Livable, and to commence operations in the First Half of Fiscal Year 2015 Shinsei Bank, ...
Iran Moves Closer to Restoring Oil Exports on Nuclear Accord
April 3rd, 2015
Iran’s accord with world powers brings the OPEC member a step closer to restoring oil production that was cut by sanctions while leaving unresolved when it will happen. The preliminary agreement outlined Thursday signals the Persian Gulf nation may ...
FXCM Pays Additional $54 Million Owed to Leucadia
April 2nd, 2015
FXCM Inc. (NYSE:FXCM) a leading online provider of foreign exchange (FX) trading and related services, today announced that it has repaid an additional $54 million outstanding under its credit agreement with Leucadia. The payment was funded in part with proceeds ...
