The global financial crisis cast a large shadow over the Chinese financial system, prompting already conservative regulators to adopt a more rigorous, and by extension slower approach to reform. Yet there are also skeletons from ...
Tags: Government Bond Futures
US stocks edged higher, capping the Dow average's sixth-straight weekly advance, as investors shrugged off a weaker-than-expected reading on July job growth. Treasury prices rallied, as the muted payroll report spurred demand for ...
Tags: economy
Goodyear Tire & Rubber Co. has hired Tom Kaczynski as vice president of investor relations. He will report to Darren Wells, executive vice president and chief financial officer. Kaczynski replaced Damon Audia, Goodyear's senior vice ...
Tags: Goodyear Tire&Rubber
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
Governor of Brazilian state of Rio Grande do Sul, Tarso Genro has signed a decree providing for the reduction of value-added tax (VAT) or tax on circulation of goods and services (ICMS tax) from 17 percent to 12 percent on raw materials for ...
Tags: Tax on Textiles, value-added tax
Wall Street played its own version of war games on Thursday, testing its defences against simulated cyber-attacks bent on taking down US stock exchanges. A total of 500 people took part in the exercise, called Quantum Dawn 2, in offices ...
Tags: Wall Street, Computer Products
China's holdings of US Treasuries increased further in May, rising to a record high of US$1.316 trillion, according to data released by the US Department of Treasury. China continues to be the largest holder of US Treasuries as the ...
Tags: US Treasuries, government debt
ICE Cotton gradually moved higher earlier this week supported by bullish views on the market, but the supply & demand report released kept the market in check, and the week ended at a slightly lower level. The week’s high was posted ...
Tags: ICE Cotton, Textile
Chinese state-owned Yanzhou Coal Mining's proposal to acquire the 22% of shares it does not own in Australian coal producer Yancoal Australia for A$905 million ($822 million) might violate strict foreign investment conditions set by the ...
Tags: Coal Mining, Chemicals
Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...
OPPOSITION treasury spokesman Joe Hockey says the rapidly falling Australian dollar is having an "immediate negative impact" on business confidence and fuel prices, despite being good for exporters. Mr Hockey said falling interest rates ...
Spending on cyber defence is set to increase despite the coalition government announcing a further £11.5bn of cuts from Whitehall spending set out for 2015-2016. The Treasury announced the decision following a series of phone calls ...
Tags: Cyber Security, Cyber Conflict
Wall Street plans to hold a simulated cyber-attack against equity markets this month that experts hope will set an example of how industries should test their defences against assailants. Called Quantum Dawn 2, the drill will involve big ...
Tags: Wall Street, Security Defences
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
Cyber-attacks have risen to the top of the list of threats for UK banks according to the Bank of England’s director of financial stability, Andrew Haldane, but understanding and management of the risk is still at an “early ...
Tags: Bank of England, Cyber-Attacks