Search Results for: stocks
Japan shares set fresh 15-year high, dollar holds gains after Fed minutes
May 21st, 2015
Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains in much of the rest of Asia. The dollar held ...
Bitcoin: A Remarkable Innovation and Its Limitations
May 20th, 2015
My own sense is that popular interest in Bitcoin peaked about 12-18 months ago. Perhaps that interest will return. But for now, my sense is that Bitcoin represents a remarkable–indeed, a breakthrough–innovation which nonetheless is beginning to show its limitations. Rainer ...
Sarao Loses Bail Appeal as Judge Says He Is a ‘Flight Risk’
May 20th, 2015
Navinder Singh Sarao lost a bid to secure bail while he fights extradition to the U.S. on market-manipulation charges as a judge said the 36-year-old trader was a clear flight risk. Judge Ross Cranston refused to remove or reduce ...
Yahoo shares fall on worries of possible U.S. tax change on spinoffs
May 20th, 2015
Yahoo Inc (YHOO.O) shares fell 7.6 percent on Tuesday on concerns that a possible change in U.S. tax regulations would affect Yahoo’s planned spinoff of its stake in Alibaba Group Holding Ltd (BABA.N). The change – discussed by a ...
Asian shares shrug off losses, Greek woes pressure euro
May 19th, 2015
Asian shares shrugged off early losses on Tuesday, as rallying Chinese shares and Wall Street’s record close offset euro worries over Greece‘s fiscal woes. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.2 percent. The CSI300 ...
U.S. SEC a stumbling block in banks’ forex guilty pleas – sources
May 15th, 2015
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of foreign exchange rates, causing a delay in multibillion-dollar settlements, people familiar with ...
Asian shares uneven as China data tempers lift from US rally
May 15th, 2015
Shares in Asia were uneven on Friday as the big markets in Japan and Hong Kong got a lift from the rebound on Wall Street, but weak data dragged Chinese shares lower. KEEPING SCORE: Japan’s Nikkei 225 stock index ...
Asia shares rise before China data, more stimulus seen
May 13th, 2015
Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster the case for more stimulus in the world’s second-largest economy. ...
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
SEC Approves Pilot to Assess Tick Size Impact for Smaller Companies
May 8th, 2015
The Securities and Exchange Commission today approved a proposal by the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) for a two-year pilot program that would widen the minimum quoting and trading increments–or tick sizes–for stocks of ...
