GO
Loading...

Enter multiple symbols separated by commas

Stocks Credit Suisse Group AG

More

  • BRASILIA/ SAO PAULO, Aug 17- The Brazilian real is trading at or near fair value after losing one quarter of its worth since Jan. 1, economists said, suggesting a possible respite for one of the year's most battered currencies. But even Brazil's political crisis, one of the main drags on the currency this year, does not look as bad as it did a couple of weeks ago.

  • *Credit Suisse puts initial losses at $1 bln- $1.5 bln. HONG KONG, Aug 17- Two explosions in the Chinese port of Tianjin that killed more than 100 people last week could generate total insurance losses of $1 billion to $1.5 billion, Credit Suisse analysts said, citing initial estimates based on Chinese media reports. Credit Suisse said those affected would be mostly...

  • Weaker yuan deals Asia's casinos a losing hand Monday, 17 Aug 2015 | 12:16 AM ET
    People walk through a concourse with their luggage at Hong Kong International Airport.

    Asian travel hotspots may be counting on an ever-growing horde of Chinese tourists for growth, but the weaker yuan may choke off the flow of travelers.

  • MONTEREY, Calif., Aug 15- When it began 65 years ago, the Pebble Beach Concours d'Elegance was just a one-day affair. Car enthusiasts raced around Pebble Beach's famed 17- Mile Drive and hung around afterwards to admire each other's hardware. The week's events are spread throughout the Monterey region, from the tony-rustic Carmel Valley to the gritty...

  • MONTEREY, Calif., Aug 15- When it began 65 years ago, the Pebble Beach Concours d'Elegance was just a one-day affair. Car enthusiasts raced around Pebble Beach's famed 17- Mile Drive and hung around afterwards to admire each other's hardware. The week's events are spread throughout the Monterey region, from the tony-rustic Carmel Valley to the gritty...

  • NEW YORK, Aug 14- BNP Paribas SA has agreed to pay $115 million to settle U.S. investor lawsuits accusing 16 major banks of rigging prices in the $5.3 trillion- a-day foreign exchange market, a person familiar with the matter said on Friday. Of those banks, the plaintiffs have announced the terms for only four of their settlements, leaving unconfirmed how much BNP...

  • LONDON, Aug 14- The year so far has been a good-news story for the top brass of equities trading, with big European investment banks and exchanges reporting bumper revenue and volume increases. While activity has been helped by a resurgence of volatility due to things such as the European Central Bank's bond-buying, Greece's fight to avert bankruptcy and the...

  • Nikkei dips on profit taking, weak yuan fears ebb for now Thursday, 13 Aug 2015 | 10:50 PM ET

    TOKYO, Aug 14- Japan's Nikkei share average dipped on Friday on profit taking and sliding oil prices, although fears of severe weakening in the Chinese yuan continued to wane for now, cushioning the losses. The Nikkei slid 0.2 percent to 20,557.21 with index heavyweight Fast Retailing shedding 0.6 percent. Extreme fears over China are receding, but that does not...

  • U.S. hedge funds FrontFour Capital, Orange Capital and Livermore Partners, as well as Toronto- based West Face Capital, have been the most active. The second quarter was the worst in nearly a decade for Canadian energy M&A, according to Thomson Reuters data. U.S. hedge fund Livermore Partners has pushed for change at Zargon Oil and Gas Ltd, whose shares have lost 74...

  • As yuan falls, China's rich seek safe havens offshore Thursday, 13 Aug 2015 | 4:28 AM ET

    SHANGHAI/ HONG KONG, Aug 13- For many in the ranks of China's wealthy, the shock devaluation in the yuan is a cause of regret- that they hadn't moved more money offshore sooner. "With the devaluation, I've just lost several hundred thousand yuan," said businessmen Tang Wei, who is moving assets out of China, partly to fund the living and schooling of his son in Canada next...

  • Aug 13- Hong Kong stocks rebounded on Thursday, led by energy and tech shares after China's central bank signalled it won't let the yuan fall sharply further. Airline operators, including China Eastern and Air China rebounded after tumbling over the past two days amid fears a weaker currency would hurt their bottom lines. Brilliance China Automotive Holdings...

  • *Philip Morris had aimed to raise at least $1 bln by cutting stake. JAKARTA, Aug 13- Philip Morris- owned Indonesia cigarette maker Sampoerna is planning a rights issue that will raise nearly $2 billion to meet stock exchange free-float rules, in what will be the Southeast Asian nation's biggest share sale in seven years. Sources previously said that Philip Morris...

  • European equities ended sharply lower on Wednesday as a yuan-related selloff in Asian stocks weighed on investor sentiment.

  • Aug 12- Payment services provider Fidelity National Information Services Inc said it would buy privately held financial software maker SunGard Data Systems Inc for $9.1 billion, including debt. SunGard was bought for $11.4 billion in 2005 by Silver Lake Partners, TPG Capital, Bain Capital, Blackstone Group, Goldman Sachs Capital Partners, KKR& Co and...

  • HONG KONG, Aug 12- Hong Kong Exchanges& Clearing Ltd said a stock trading link with its Shanghai counterpart helped it to record quarterly profit, but that market turmoil in China could turn investors off mainland shares and delay a link with Shenzhen. Net profit more than doubled to HK $2.52 billion in April-June as trading volume received a boost from HKEx's...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.2 percent to 4,016.13 points, while the Shanghai Composite Index lost 1.0 percent to 3,886.32. The move has sparked fears of a global currency war and accusations that Beijing was giving an unfair advantage to its struggling exporters. China Eastern and China Southern both...

  • China, Hong Kong shares depressed as yuan slides again Wednesday, 12 Aug 2015 | 12:59 AM ET

    SHANGHAI, Aug 12- China stocks slipped on Wednesday morning, after the yuan fell sharply for a second day, fuelling fears that money could flow out of the country's equity markets into U.S. dollar assets. Hong Kong stocks also fell, taking their cue from the mainland and sluggish global markets. Chinese air carriers slumped for the second day in both China and Hong...

  • Nikkei falls after China weakens yuan for second day Tuesday, 11 Aug 2015 | 11:03 PM ET

    *China- related shares sold the most. TOKYO, Aug 12- Japanese share prices slid on Tuesday after the Chinese central bank lowered the yuan for a second day, fanning more worries of slowing growth in China. The Tokyo Stock Exchange's steelmaker industry subindex fell 2.8 percent, with JFE Holdings falling 4.7 percent and Nippon Steel& Sumitomo Metal dropping 2.8...

  • Aug 11- General Electric Co said it would sell its U.S. healthcare finance unit to credit card lender Capital One Financial Corp for about $9 billion. Citigroup Global Markets and J.P. Morgan Securities LLC advised GE and Hogan Lovells US LLP was the legal adviser. Credit Suisse and Wells Fargo Securities were financial advisers to Capital One and Wachtell,...

  • *China guides yuan to lowest since Sept 2012 in growth push. LONDON/ SINGAPORE, Aug 11- Oil and copper prices slumped to six-year lows and other commodities tumbled on Tuesday after China devalued the yuan, raising concerns that a persistently weaker currency will choke demand in the world's top consumer. Adding to a weeks-long summer selloff that has rattled raw...