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Modi’s $53 Billion Xi-Abe Windfall Hinges on Red Tape War

19/09/2014(0)
A bear hug, a riverfront stroll and a swing-set session helped Prime Minister Narendra Modi win more than $53 billion in loans and investment pledges from China and Japan ... Read More
draghi_ecb

Draghi Loan Plan Missing Estimates Hampers ECB Stimulus

19/09/2014(0)
Mario Draghi is facing renewed pressure to implement quantitative easing after banks borrowed less than estimated in the European Central Bank’s first targeted-loan offer. The Frankfurt-based ECB lent 82.6 ... Read More
alibaba-2 office

Alibaba prices IPO at $68 a share ahead of New York stock flotation

19/09/2014(0)
Early investors in Chinese online giant Alibaba are set to sell $8bn worth of shares Friday morning, escaping the “lockup” that usually requires them to hold their shares for ... Read More
BNP Paribas is pictured on the building of the bank in Geneva

BNP Paribas hires ex-U.S.Treasury official for compliance job

19/09/2014(0)
BNP Paribas (BNPP.PA) has hired a former top official at the U.S. Treasury Department’s sanctions office, people familiar with the matter said, part of the French bank’s effort to ... Read More
oracle

Oracle CEO Ellison steps down

19/09/2014(0)
Larry Ellison announced Thursday he has agreed to step down as CEO of Oracle, the software powerhouse he co-founded. Mark Hurd and Safra Catz, co-presidents of Oracle, will take ... Read More
sap

SAP buys Concur in a $8.3 billion deal

19/09/2014(0)
German software giant SAP SE (SAP +1.08%) agreed to buy Concur Technologies Inc., (CNQR +0.31%) which makes software to help employees manage their expense accounts, in a deal valued ... Read More
scotland

Scotland votes “No”

19/09/2014(0)
Scotland has voted to stay in the United Kingdom after voters decisively rejected independence. With 31 out of the country’s 32 council areas having declared after Thursday’s vote, the ... Read More
Various Euro notes are pictured laying on a table in Warsaw February 24, 2012. REUTERS/Kacper Pempel

Use of euro-renminbi options surges

18/09/2014(0)
Rising renminbi trade settlement and a sliding euro are fuelling a surge in hedging between the two currencies both by multinationals and investors. Daily trading volume in euro-renminbi options ... Read More
draghi

Draghi’s Trillion-Euro Journey Starts Today

18/09/2014(0)
Mario Draghi’s trillion-euro journey is under way. The European Central Bank will announce the result of its first targeted lending program today as part of its effort to stave ... Read More
imf_market_business

IMF reports over Growing Risk in Global Economy

18/09/2014(0)
The global economy faces a growing risk from big financial market bets that could quickly unravel if investors get spooked by geopolitical tensions or a shift in U.S. interest ... Read More
Broker Cyprus TopFX