9 April, 2015 by The TZ Newswire Staff Comments Off on London Markets: FTSE 100 at record high as Shire, property stocks gain
London Markets: FTSE 100 at record high as Shire, property stocks gain
U.K.
9 April, 2015 by The TZ Newswire Staff Comments Off on Citigroup Execution Head Rideout Said to Join HKEx
Citigroup Execution Head Rideout Said to Join HKEx
Kevin Rideout, the head of wholesale execution services for Asia at Citigroup Inc., will join Hong Kong Exchanges & Clearing Ltd. next week, according to two people familiar with the move.
9 April, 2015 by The TZ Newswire Staff Comments Off on Samsung Exec: I’m delighted Apple has followed us
Samsung Exec: I’m delighted Apple has followed us
Samsung executive tells CNBC the South Korean tech giant is “delighted” a major rival has joined the smartwatch market.
9 April, 2015 by The TZ Newswire Staff Comments Off on BATS Has a Fix for Thinly Traded Stocks: Not Trading Them
BATS Has a Fix for Thinly Traded Stocks: Not Trading Them
Bats Global Markets Inc., which vies with NYSE Group for the title of biggest U.S. stock exchange operator, says it knows how to improve the market for thinly traded shares: Stop handling them.
9 April, 2015 by The TZ Newswire Staff Comments Off on Asian shares on track for weekly gain
Asian shares on track for weekly gain
MSCI’s broadest index of Asia-Pacific shares outside Japan was up about 0.5 percent, not far from the previous session’s peak which was the highest since September, and on track for a robust weekly gain of over 3 percent. Hong Kong’s benchmark Hang Seng Index (.HSI) was up about 0.5 percent after surging to seven-year highs in the previous session on money inflows from mainland China investors who are seeking cheaper shares. Foreign-currency denominated B-shares trading in Shanghai and Shenzhen also rallied.
9 April, 2015 by The TZ Newswire Staff Comments Off on Strong turnout for world’s first glimpse at Apple Watch
Strong turnout for world’s first glimpse at Apple Watch
SYDNEY/SAN FRANCISCO (Reuters) – Consumers in Australia flocked to Apple Inc’s (AAPL.O) store in Sydney on Friday to get the world’s first up-close look at the tech giant’s smartwatch, which the company expects will be its next runaway hit. The Apple Watch, CEO Tim Cook’s first new major product, was available for pre-order online and to try out in stores – but not take home.
9 April, 2015 by The TZ Newswire Staff Comments Off on Mortgages may be a bright spot for U.S. bank results in first quarter
Mortgages may be a bright spot for U.S. bank results in first quarter
U.S. bank earnings likely got a lift from mortgage lending in the first quarter, as lower rates spurred a surge in applications to refinance home loans, one of several glimmers of hope for a sector that has lately struggled with weak growth. Most are expected to post relatively big profit increases excluding one-time items, according to average analyst forecasts from Thomson Reuters I/B/E/S after a year-ago period when results were depressed by weak mortgage and trading revenues.