July 19, 2018, 4:14 am
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Business Market

Shire hires Citi, braces vs ta

by Reuters on June 18, 2014
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LONDON - London-listed drugmaker Shire has hired investment bank Citi as an adviser, expecting to receive takeover approaches following a wave of deals in the healthcare sector, sources familiar with the matter told Reuters.
 

Biggest brokerage firms poised

by Reuters on June 17, 2014
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NEW YORK - Asset growth at the largest U.S. brokerage firms accelerated in 2013 and the firms are positioned for further growth, according to research firm Aite Group.

Asian stocks drop due to Iraq

June 17, 2014
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South East Asian stock markets were in the red yesterday  as tensions in Iraq boosted crude oil.
 

Number of asset managers to h

by Reuters on June 17, 2014
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LONDON - Half of the firms in the global asset management industry will be gone by 2030 as new technology, demographic shifts and changing social habits transform the industry, consultants KPMG said in a report.
 

Friedman possible Nasdaq CEO

by Reuters on June 17, 2014
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NEW YORK - Nasdaq OMX Group Inc lured back former Chief Financial Officer Adena Friedman as co-president with the understanding that she will succeed Chief Executive Bob Greifeld, possibly as soon as next year, sources familiar with the matter said.
 

To keep prices high; Copper f

by Reuters on June 16, 2014
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NEW YORK - Thousands of tons of “invisible” copper now being hurriedly ushered out of some Chinese warehouses may remain out of sight for months longer, as banks and traders seeking safer havens for their metal opt out of the London Metal Exchange network.

Intel raises outlook

by Reuters on June 16, 2014
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SAN FRANCISCO - Chipmaker Intel Corp raised its outlook for the second quarter and the full year, citing stronger-than-expected demand for personal computers used by businesses.

Dove-hawk tradeoff to mean ear

by Reuters on June 13, 2014
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SAN FRANCISCO/NEW YORK - A possible tradeoff between opposing camps at the US  Federal Reserve could bring about an earlier-than-expected interest rate rise while keeping the US  central bank’s balance sheet larger for longer.
 

Euro under a cloud in Asia; st

by Reuters on June 13, 2014
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SYDNEY - The euro came under mounting pressure as the European Central Bank’s embrace of negative interest rates encouraged flows out of the zone, while Asian shares consolidated near recent highs.
 

ECB may buy asset backed secu

by Reuters on June 13, 2014
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LONDON - The European Central Bank may buy “simple and transparent” asset-backed securities (ABS) to help achieve its target of delivering price stability to the euro zone, ECB Executive Board member Yves Mersch said on Wednesday.
 

Pages

Front Page

Column of the Day

Tomodachi Tangle

Bernard Karganilla's picture
By BERNARD KARGANILLA | July 19,2018
‘Jose Rizal’s life is serialized as a Japanese manga (comics).’

Opinion of the Day

The Departure Lounge

Philip S. Chua's picture
By PHILIP S. CHUA | July 19, 2018
‘Growing old is a great privilege denied many. Let us relish every second we have left.’