Search Results for: China

Wal-Mart U.S. CEO Bill Simon steps down

July 24th, 2014 (0)
Wal-Mart said Thursday that Greg Foran will replace Bill Simon as its U.S. CEO. Simon has been in the role since June 2010 and will leave the company. Wal-mart’s stock was down just under 1% to $76.30 in pre-market ...

Hyundai Motor second-quarter profit slips as firmer won, U.S. discounts hurt

July 24th, 2014 (0)
South Korea’s Hyundai Motor said its net profit fell by the most in five quarters, as the local currency’s sharp gain and higher U.S. discounts to entice customers overshadowed solid April-June vehicle sales in China and at home. Hyundai ...

Stock futures tick up on earnings, world conflicts eyed

July 23rd, 2014 (0)
U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence. Microsoft (MSFT.O) shares rose 2.4 percent in premarket trading ...

Research: Trends & Conclusions

July 23rd, 2014 (0)
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...

Lawyers trained to help deal with transnational cases

July 23rd, 2014 (0)
More training will be offered to law firms and lawyers specializing in cross-border lawsuits to expand their presence in an area dominated by foreign competitors, a senior official from the Justice Ministry said. By next year, the All-China Lawyers ...

Russian Billionaires Have Lost More Than $14B Since January

July 23rd, 2014 (0)
Russia’s wealthiest have lost billions of dollars since the beginning of the year, as Western sanctions against the country over its involvement in Ukraine continue tightening their grip over the weak economy. Russia’s 19 billionaires have lost $14.5 billion ...

Apple earnings boosted by strong iPhone sales

July 23rd, 2014 (0)
Apple has reported quarterly profits of $7.75bn (£4.5bn) – up 12% on the same period last year. The company sold 35.2 million iPhones from March to June, an increase of 13% from the same time in 2013. The company ...

PBC Signed Local Currency Swap Agreement with Swiss National Bank

July 22nd, 2014 (0)
With the approval of the State Council, the People’s Bank of China signed on July 21, 2014, an agreement on bilateral local currency swap with the Swiss National Bank for the purpose of providing liquidity support for the bilateral ...

Saudi Arabian stock market to open to foreign investors

July 22nd, 2014 (0)
Saudi Arabia’s stock market will open up to foreign investors for the first time, the country has announced. The move, which should happen in the first half of 2015, sparked a 3% rise in the Tadawul index in early ...

Hong Kong Leads Asian Equities Higher

July 22nd, 2014 (0)
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...
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