Tag : market
Most anticipated IPOs of 2017
One of them is that of Snapchat, which could be the most high profile stock debut since Facebook...
Emirates REIT now world’s largest listed shari’ah compliant REIT
Total assets is $773 million and market capitalisation is $333 million IFM Correspondent November 3, 2016: With a year-on-year increase of 13 per cent in total portfolio value, Emirates REIT (CEIC) Limited, one of UAE’s first regulated shari’ah compliant Real Estate Investment Trusts to be listed on Nasdaq Dubai, is now the largest shari’ah compliant...
SIX Swiss Exchange extends technology contract with Nasdaq
It will leverage Nasdaq’s trading, market surveillance and pre-trade risk management technologies October 31, 2016: Nasdaq and Six Swiss Exchange announced the extension of their current technology contract, which includes X-stream INET Trading technology for all SIX markets, including equities, ETFs, structured products, funds and fixed income, as well as SMARTS Market Surveillance and Nasdaq Pre-Trade...
Brexit: Sterling appears more vulnerable than any other major currency
Its value in foreign exchange markets is reliant on purchase of UK financial assets by overseas investors Don Smith October 27, 2016: Despite a run of better than expected UK economic data since the Brexit vote – including 0.7% second-quarter expansion, beating estimates – financial markets are increasingly concerned about the outlook for the country’s...
Oil price down cycle ‘nearing end’: Saudi minister
“Market fundamentals, in terms of supply and demand, have begun to improve” IFM Correspondent October 26, 2016: Speaking at the World Energy Congress in Istanbul, Turkey, Saudi Arabia’s Energy Minister Khalid al-Falih said that as market fundamentals improve, the current down cycle of crude prices is close to an end. Oil prices are currently hovering...
Shanghai Futures Exchange launches market surveillance platform
It is powered by SMARTS, which is Nasdaq’s flagship surveillance solution October 19, 2016: Nasdaq (Nasdaq: NDAQ) has officially announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution. “We are truly honoured to be working with Shanghai...
China to be world’s first trillion dollar aviation market
Airbus and Boeing are best placed to take advantage of this growth Suparna Goswami Bhattacharya September 28, 2016: Slowing economy and tough government regulations notwithstanding, China is all set to become the world’s first trillion dollar aviation market by 2035. According to manufacturers Airbus and Boeing, the Chinese aviation market looks one of the most promising...
Asian firms more vulnerable to cyber attacks
Security market in Asia is less than 50% of that in US and Canada Suparna Goswami Bhattacharya September 13, 2016: Asian firms are more vulnerable to cyber attacks than their Western counterparts, says a recent report. The findings by Mandiant Consulting, a FireEye company, states that APAC firms are frequently underprepared to identify and respond...
Saudi, Russia to work together on oil prices
Price of oil jumps 5% September 6, 2016: The price of oil jumped by 5% after Russia and Saudi Arabia discussed ways to stabilise oil prices on the sidelines of the G20 summit in China. Both countries said they will not act immediately but could limit output in the future. The joint statement was signed...