Latest News on private equities market

Here are the states whose residents are the best at managing their money

Here are the states whose residents are the best at managing their money

Some states with lower median incomes have better credit scores than those with high household income, a new report says.

6 years ago
Singapore Fintech Week:  Data, technology and policy coordination – BIS Speech

Singapore Fintech Week: Data, technology and policy coordination – BIS Speech

BIS | Agustín Carstens | Nov 14, 2019 Keynote speech by Mr Agustín Carstens, General Manager of the BIS, at the 55th SEACEN Governors' Conference and High-level Seminar on "Data and technology: embracing innovation", Singapore, 14 November 2019. Introduction It is a great honour to address this distinguished audience today. We meet against the backdrop

6 years ago
Wall Street drops as Cisco's dour outlook weighs

Wall Street drops as Cisco's dour outlook weighs

U.S. stocks slipped on Thursday, weighed down by technology shares after Cisco's dour forecast raised worries of a global economic slowdown and overshadowed strong results from big box retailer Walmart.



6 years ago
Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth

Oil gains on U.S. crude stocks fall, OPEC comments on slower U.S. shale growth

Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support.



6 years ago
Factbox: FX swaps step from market obscurity to global stage

Factbox: FX swaps step from market obscurity to global stage

Foreign exchange swap volumes have risen in the past three years to account for nearly half of the entire FX market, Bank for International Settlements (BIS) data shows.



6 years ago
Factbox: Dollar domination - why global markets depend on the U.S. currency

Factbox: Dollar domination - why global markets depend on the U.S. currency

From the dominant reserve currency for central banks to the main conduit for global trade and borrowing, U.S. dollars are the lifeblood for banks and markets around the world.



6 years ago
In swaps we trust? Disappearing dollars drive currency trading dependence

In swaps we trust? Disappearing dollars drive currency trading dependence

As dollars dry up, global finance is growing increasingly dependent on opaque currency trading to keep cash flowing.



6 years ago
Alibaba goes paperless for $13.4 billion listing in a first for Hong Kong: source

Alibaba goes paperless for $13.4 billion listing in a first for Hong Kong: source

Alibaba Group will carry out Hong Kong’s first paper-less stock market listing with its $13.4 billion share sale, according to a source with knowledge of the matter, ending the long-held tradition of Hong Kong investors queuing in bank branches to place stock orders.



6 years ago
China says holding 'in-depth' talks with U.S. on interim trade deal

China says holding 'in-depth' talks with U.S. on interim trade deal

China and the United States are holding "in-depth" discussions on a first phase trade agreement, and cancelling tariffs is an important condition to reaching a deal, the Chinese commerce ministry said on Thursday.



6 years ago
Calm, considered, Henry to steer BHP through choppy times

Calm, considered, Henry to steer BHP through choppy times

Calm and considered, incoming BHP Group Ltd chief executive Mike Henry is seen as a safe pair of hands to steer the world's largest mining company through what he says are uncertain times.



6 years ago
China holding in-depth talks with U.S. on phase one of trade deal

China holding in-depth talks with U.S. on phase one of trade deal

China and the United States are holding in-depth discussions on the first phase of a trade pact, and cancelling tariffs is an important condition to reach a deal, the Asian giant's commerce ministry said on Thursday.



6 years ago
German automation talent powers Musk's battery move to Europe

German automation talent powers Musk's battery move to Europe

To unclog bottlenecks last year at his Tesla Inc plant in California, Elon Musk flew in six planeloads of new robots and equipment from Germany to speed up battery production for its Model 3.



6 years ago
One of China's richest men named in Hikvision securities probe

One of China's richest men named in Hikvision securities probe

China's securities regulator is investigating one of the country's richest men for alleged violation of disclosure rules as a director of U.S.-blacklisted surveillance camera giant Hikvision , the company said.



6 years ago
Oil gains as hopes build for OPEC supply curbs; new optimism on U.S.-China trade deal

Oil gains as hopes build for OPEC supply curbs; new optimism on U.S.-China trade deal

Oil prices rose on Friday as OPEC's outlook for oil demand next year fueled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month.



6 years ago
Banks have lost a quarter of the payments franchise to new players – BIS

Banks have lost a quarter of the payments franchise to new players – BIS

Finextra | Nov 6, 2019 Non-banks now account for a quarter of the institutions offering payment services or payment instruments, up from 14% in only six years, according to a fresh batch of statistics from the Bank for International Settlements. The data comes from the Basle-based BIS's annual Red Book report on payments and financial

6 years ago