Search Results for: wall Street
Apple Seeks to Launch Apple Pay in China by February
November 24th, 2015
Tech giant has paved way by striking deals with big four state-run banks, but regulatory hurdles may remain Apple Inc. seeks by early February to launch its new Apple Pay electronic-payment service in China—a vibrant but fiercely competitive market ...
Oil prices rise after Turkey shoots down jet claimed by Russia
November 24th, 2015
Oil prices rose on Tuesday after news that Turkey shot down what is likely to be a Russian jet over Syria and a softer U.S. dollar supported prices across the commodity spectrum. Turkish authorities didn’t give the nationality of ...
Why rich Chinese are buying vineyards, islands in cash
November 23rd, 2015
A hundred years ago, Amadeo Modigliani painted a portrait of his wild British mistress splayed across a red velvet throw, nude, her hips arched, her kohl-rimmed eyes shut. The artist was hardly trying to play it safe – Paris ...
Morgan Stanley Tweaks Brokers’ Pay Plan for 2016
November 23rd, 2015
Minimal changes made a year after brokers grumbled over deferred compensation Morgan Stanley is taking a gentler approach to its broker compensation plan for next year. The securities firm will make small changes to its brokers’ pay plan in ...
ASX, Kospi maintain winning run; Fed-watch continues
November 23rd, 2015
Asian markets continued to trade mixed on Monday afternoon, following a rally on Wall Street last week as investors continue to look out for comments from central bankers on the trajectory of U.S. monetary policy. Major U.S. indices ended ...
Asian stocks higher as shock of Paris attacks fades
November 18th, 2015
Asian stocks were mostly higher Wednesday as the shock of the Paris terror attacks faded and an uptick in U.S. inflation added support for a possible interest rate hike. KEEPING SCORE: Tokyo’s Nikkei 225 gained 0.2 percent to 19,676.77 ...
U.S. Stocks Rally, Led by Energy Sector
November 17th, 2015
Traditional haven investments such as gold and government bonds tick higher Markets broadly shook off concerns stemming from the deadly terror attacks in Paris, even as oil prices rose on the prospect of greater violence in the Middle East. ...
10 countries hoarding enormous mountains of gold
November 16th, 2015
Say what you want about gold. But central banks just can’t get enough of the yellow metal. For the third quarter of 2015, central banks continued to bulk up their gold reserves, adding 175 tonnes to official reserves, according to the ...
Deloitte eyes global accountancy blockchains
November 13th, 2015
Good karma was the consensus among those watching and in attendance at Ethereum’s DevCon1 conference when big four accountancy firm Deloitte took to the stage in the guise of the technology-focused Rubix Project. Matthew Spoke, strategy and execution lead ...
Asian stocks bruised by tumbling oil, Fed hike jitters
November 13th, 2015
Asian stocks were battered on Friday, with risk-off sentiment in full swing amid sharp falls in the price of commodities and growing expectations that the Federal Reserve is on track for a rate hike in December for the first ...
