Asia markets retrace some losses, China bucks trend
January 14th, 2016
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade down 2.86 percent, weighed by commodities and machinery sectors. Earlier, ...
China fines global shippers on price-fixing charges
December 28th, 2015
China fined seven foreign shipping companies that carry vehicles for automakers a total of $65 million on price-fixing charges Monday in its latest effort to end anti-competitive behavior in the auto industry. Investigators found Europe’s Wallenius Wilhelmsen, South Korea’s ...
MasterCard bids to make everything a payment device
October 27th, 2015
MasterCard is looking beyond cards and mobile phones, launching a programme that will let partner firms turn anything from purses to keyfobs to jewellery in contactless payments devices. Designer to the stars Adam Selman, automaker General Motors, wearable technology ...
Ex-Merrill Lynch Broker Ordered to Pay Restitution for Insider Trading
August 26th, 2015
Scheme used offshore brokerage account to make trades based on Qualcomm inside information A former Merrill Lynch broker was ordered to pay $1.4 million in restitution to the brokerage on Tuesday for his role in an insider-trading scheme involving ...
Fidessa announced the appointment of new CFO
August 18th, 2015
Fidessa group plc (“Fidessa”) announced the appointment of Andy Skelton as Chief Financial Officer with effect from 26th October 2015. Andy Skelton will replace Andy Malpass who, as announced in February 2014, will be retiring. Andy Malpass will step down as Chief ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Samsung Predicts Recovery After First-Quarter Earnings Drop 40%
April 29th, 2015
Samsung Electronics Co. expects earnings to recover in the second quarter as new Galaxy S6 smartphones lure back users and the component divisions win orders from rival vendors. Shares rose. Samsung on Wednesday predicted the revival after reporting a ...
Wall Street to open lower in wake of weak jobs data
April 6th, 2015
U.S. stock index futures fell in low volume on Monday, putting Wall Street on track for a lower open on the first trading session since Friday’s surprisingly weak jobs data. * Labor Department data showed U.S. employers last month ...
Nasdaq nears all-time highs as exuberance yields to reason
February 20th, 2015
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Valuations, as measured by what investors are willing to ...
Foreign companies feel China targets them in investigations
February 11th, 2015
Nearly half of foreign companies in China feel singled out in a wave of anti-monopoly and other investigations, and a growing number are deciding not to expand their investments, the American Chamber of Commerce in China said Wednesday. The ...
