The fatal shooting of a British MP has shocked the country’s political establishment, bringing an abrupt halt to the increasingly heated campaign for next week’s referendum on UK membership of the EU.
Campaigning over whether the UK should quit the European Union was suspended for a second day on Friday after the murder of Labour lawmaker Jo Cox, an advocate for voting to stay in next week’s referendum.
The average daily input value of trades submitted to CLS in May was $4.61 trillion, down 7.1% month-on-month but unchanged from May 2015.
Led Zeppelin’s guitarist Jimmy Page has told a court that Stairway to Heaven shares its musical DNA with the Mary Poppins song Chim Chim Cher-ee.
European leaders have signed on the dotted line to unlock the latest tranche of Greece’s bailout funds this morning.
Spanish authorities are investigating some Banco Santander SA and BNP Paribas SA employees amid allegations they may have helped shield customers’ international transfers from tax authorities, according to a person familiar with the probe.
Hong Kong’s Securities and Futures Commission (SFC) is poised to introduce guidance for closer oversight of the liquidity risks of authorised open-end investment funds, many of which crowd into relatively illiquid asset classes, such as emerging market debt, or have had to deal with multiple stock suspensions in China’s A-shares market.
The Securities and Exchange Commission today announced insider trading charges against a former software company executive and three close friends who made more than a half-million dollars based on his illegal tip about an upcoming merger.
Staff of the Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight held a public roundtable meeting on Friday, June 10, 2016, to discuss certain elements of the CFTC’s notice of proposed rulemaking (NPRM) regarding Regulation Automated Trading (Regulation AT). In connection with the roundtable, staff has published the Roundtable and Comment Period Discussion Points.
China’s Postal Savings Bank, the nation’s biggest lender by number of branches, may file for a Hong Kong IPO worth up to $8 billion next week, people close to the deal said, in what is expected to be the world’s biggest listing of the year.
Pimco has laid off 3 per cent of its global workforce and has asked for more staff to volunteer to leave, as it continues to deal with the fallout of founder Bill Gross’s damaging exit in 2014.
HSBC has drawn a line under a long legal battle in the US by agreeing to pay a record $1.6bn to resolve a class action case stemming from its acquisition of Household International, the subprime group.
Cosmetics giant Revlon is hoping to rejuvenate its business with a $419m (£300m) cash deal to buy Elizabeth Arden, the maker of the Queen’s favourite lipstick.
Japanese retail investors, collectively nicknamed Mrs Watanabe, are building huge positions in pound sterling and may be among the first victims of market turmoil should Britain vote to leave the European Union next week.
With just a week to the referendum that’s going to show whether Britons want the UK to stay in the EU or not, sterling trading appears to be dominated by increased volatility and mixed liquidity across different market segments.
The pound is holding steady early in European trading, holding onto yesterday’s modest gains. But the nerves are of course still there, with short-term options that capture likely moves in the pound over the next week leaping higher.
UK stock funds have suffered their largest withdrawals in more than a year as investors braced for the referendum on the country’s membership of the EU.
Forget about the “precarious” state of China’s banking system seen by hedge fund manager Kyle Bass. And the George Soros notion that China resembles the U.S. before its 2008 subprime crisis. Long-time China bear Jim Walker says the biggest risk now is being too pessimistic.