Global shares up on China relief, Ukraine strains remain
LONDON (Reuters) – Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.
BOJ’s Kuroda maintains positive view on economy
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Wednesday affirmed the central bank’s upbeat view of the economy, even as global financial markets wobble, stressing that growth will pick up around mid-year as the sting of a sales tax hike f…
Alibaba’s growth accelerates, U.S. IPO filing expected next week
SAN FRANCISCO (Reuters) – Alibaba Group Holding Ltd’s revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offerin…
China economic growth slows to 18-month low in first-quarter
BEIJING (Reuters) – China’s economy grew at its slowest pace in 18 months at the start of 2014, but did a touch better than expected and showed some improvement in March, suggesting Beijing will not rush to follow up recent steps to support activity.
China e-commerce giant Alibaba seen filing for U.S. IPO next week: sources
HONG KONG (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd. is expected to file the prospectus for its U.S. initial public offering next week, sources said on Wednesday, moving closer to what could be the biggest-ever listing by a technol…
ECB plan could boost shares in Europe’s weakest companies
LONDON (Reuters) – Shares in some of Europe’s least profitable and most indebted companies are set to outperform in the coming months if the European Central Bank starts buying corporate bonds to fight the threat of deflation.
Bonds shine again as Great Rotation gives way to Asset Reflation
LONDON (Reuters) – Last Thursday morning investors queued around the block to buy the bonds of recent defaulter Greece, and by the end of the day were selling U.S. tech stocks furiously.
CME trading outage showed that man can still match the machine
NEW YORK/CHICAGO (Reuters) – Just over a week ago, CME Group Inc suffered the worst-ever trading outage on the world’s most important agricultural markets, plunging electronic screens into darkness and sending dozens of traders scrambling for Chicago’s…
BOJ Kuroda maintains positive view on economy
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Wednesday affirmed its upbeat view of the economy, even as global financial markets wobble, stressing that growth will pick up around mid-year as the sting of a sales tax hike fades.
HKMA steps up supervision of banks’ credit risk management
HONG KONG, April 16 (RLPC) – The Hong Kong Monetary Authority (HKMA) is stepping up its supervision of Hong-Kong-based banks’ credit risk management by asking banks to show stable funding requirements and agree to regular onsite examinations of credit …
