International Finance

Tag : market

FinanceWealth Management

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...
FinanceWealth Management

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...
Economy

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...
Economy

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...
Fintech

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...
Economy

China to be world’s first trillion dollar aviation market

International Finance Desk
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...