The yen eased on Tuesday as a hike in Japan's sales tax came into effect, although the dollar failed to gain much traction after the Federal Reserve chair defended the central bank's ultra-loose policy and highlighted slack in the economy.» Read More
NEW YORK, April 9- A group of small brokerages and large commodities companies have convinced lawmakers to tweak a rule they say would have made derivatives trading more expensive for them and sent more business to Wall Street banks that already dominate the market.
NEW YORK, April 9- A group of small brokerages and large commodities companies convinced lawmakers to tweak a rule that they say would have made derivatives trading more expensive for them and sent more business to Wall Street banks that already dominate the market.
*Dubai needs international financial support for growth plans. Over a dozen top Dubai officials and executives met about 100 representatives of financial powerhouses including Deutsche Bank, Nomura Holdings and Fidelity Investments for the emirate's first big investor roadshow since the crisis.
TOKYO, March 5- Nomura Holdings said Tetsu Ozaki, a senior executive of its securities business, will become the chief executive of its wholesale business in a group-wide management reshuffle announced on Wednesday.
The dollar lost its safe haven bounce as risk appetite improved amid expectations that Ukraine would receive international aid.
It was a Sterling day for the British pound, while the euro suffered on news of a possible negative deposit rate.
Rising U.S. oil production will help neutralize supply disruptions from Libya and Iraq, making global markets less vulnerable to price shocks.
After three lean years, Hong Kong bankers are looking forward to a surge in fees in 2014 as the city regains its swagger with a slew of big-money IPO.
TOKYO, Jan 8- Japan's Nikkei soared on Wednesday after strong trade data in the United States boosted risk appetite, with traders seeing buying from foreign pension funds, while Nintendo Co Ltd jumped after China temporarily lifted a ban on selling game consoles.
Jan 3- Singapore's Oversea-Chinese Banking Corp has begun exclusive talks to buy Hong Kong's Wing Hang Bank in a deal that would value the family-run lender at about $5.3 billion, two people familiar with the matter told Reuters. OCBC, Singapore's No. 2 lender by assets, has offered about twice Wing Hang's book value, the sources said.
Michael Na, Korea Strategist at Nomura, explains the brokerage's bullish call on South Korean stocks.
After underperforming their regional peers this year, South Korean stocks should rally 18 percent in 2014, according to a recent report from Nomura.
According to the SEC, investment advisers may use credits or rebates that are appropriately disclosed to cover expenses that benefit clients.
TOKYO, Dec 20- Japan's Nikkei share average edged down on Friday morning as investors booked profits before the long weekend, with trading subdued ahead of the outcome of a Bank of Japan meeting later in the day.
*JPMorgan and others sell futures to lock in profits from Wed- traders. TOKYO, Dec 19- Japan's Nikkei share average jumped 1.5 percent on Thursday morning to within striking distance of its year high, as global equity markets took the glass half-full view after the U.S.
Asian equity markets were mixed on Wednesday with Japan leading losses on profit-taking while Chinese shares rallied on news of financial reforms.
In the aftermath of Typhoon Haiyan, the flood of money transfers, or remittances, from friends and relatives is expected to increase significantly.
A breakthrough nuclear deal signed between Iran and six other world powers has the potential to remove the "Middle East premium" from oil prices.
Japanese shares outperformed on Thursday thanks to a weak yen while the rest of Asia fell on U.S. tapering fears.
The euro may have bounced back from ECB's interest rate cut, but recovering from talk that the ECB is mulling negative deposit rates could be harder.