Archives
Receivers and managers appointed to Arena Capital / BlackfortFX
May 28th, 2015
The High Court in Christchurch has granted the Financial Markets Authority’s (FMA) application for Grant Graham and Neale Jackson of KordaMentha to be appointed as receivers and managers of Arena Capital Limited, trading as Blackfort FX (Arena/Blackfort). The decision, ...
Tradition: New bond placement
May 28th, 2015
Compagnie Financière Tradition SA took advantage of the attractive market conditions to successfully raise CHF 115 million on the Swiss capital market through the placement of a straight bond. This new issuance, with a maturity of 5 years to ...
Oil and gas needs focused portfolio management to address decade-long decline in return on capital
May 28th, 2015
Global oil and gas companies must evolve their approach to portfolio management to improve return on capital (ROC) and remain resilient in today’s increasingly challenging market, according to EY’s Portfolio management in oil and gas: building and preserving optionality. ...
Nomura sees end to overseas business losses; analysts see tough markets ahead
May 28th, 2015
Japan‘s biggest brokerage Nomura Holdings Inc plans to keep a lid on costs as it chases a profit at its loss-making overseas business for the first time in six years, a target some analysts see as tough amid looming ...
Thursday May 28: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
May 28th, 2015
OSB Commodities & Equity Indices Cheat Sheet & Key Levels May 28. Gold Open 1186.70, High 1190.40, Low 1183.00, Close 1185.60, -0.11% Change. Silver Open 16.74, High 16.81…View table below
Athens, creditors offer conflicting views on negotiations
May 28th, 2015
Greek Prime Minister Alexis Tsipras said Wednesday that a deal with creditors was “close” and government officials said an agreement was being drafted but representatives of the country’s creditors made it quite clear that they do not share such ...
Thursday May 28: OSB G10 Currency Pairs Cheat Sheet & Key Levels
May 28th, 2015
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for May 28. EURUSD Open 1.0871, High 1.0929, Low 1.0819, Close 1.0904, 0.29% Change. GRBUSD Open 1.5383, High 1.5436… View table below
Forex’s ‘Last Look’ Practice Gets Curbed
May 28th, 2015
Two of the world’s biggest currency-trading platforms will restrict a controversial industry practice Two of the world’s biggest currency-trading platforms plan to restrict a controversial industry practice in which banks can pull out of trades at the last moment ...
EU-Switzerland taxation agreement signed in joint effort to improve tax compliance
May 28th, 2015
The European Union and Switzerland on 27 May 2015 signed an agreement on the automatic exchange of financial account information, aimed at improving international tax compliance. The agreement represents an important step in ongoing efforts to clamp down on tax fraud and tax ...
FOREX-Dollar hits highest vs yen since 2002, Aussie sags on capex disappointment
May 28th, 2015
* USD touches 124.30 yen, highest level since December 2002 * Traders are wary of verbal intervention from Japanese officials * Aussie drops after disappointing capex data The dollar hit its highest since December 2002 against the yen on Thursday ...
