Asian stocks were mixed on Friday on fears that issues at Portugal's biggest bank could hurt European periphery markets.» Read More
The European Central Bank's Mario Draghi made clear the euro's strength is a possible trigger to ease monetary policy.
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.
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.
Singapore's Oversea-Chinese Banking Corp has made an offer to buy Wing Hang Bank for HK$38.428 billion ($4.95 billion).
The yen reached a fresh six-year low on the New Zealand dollar on Monday, as safe-haven demand waned amid hopes of more stimulus from China.
The euro fell to three-week low against the dollar on Friday, with investors wary given strong rhetoric from European Central Bank officials about its recent strength and awaiting German inflation data that could undermine it further.
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.
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.
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.