Menu

Month: January 2018

Stocks take biggest two-day dive in six months

World stocks declined in their biggest two-day dive in almost six months on Tuesday as tumbling oil prices and a jump in global borrowing costs cooled the year’s euphoric start in financial markets. Lacklustre German inflation curbed a rise in US Treasury yields – the benchmark for world lending rates – after they touched their […]

0 Comments
Read Full

Group led by Philip Lane proposed new class of safe financial asset

Sovereign bond-backed securities (SBBS), a new class of safe financial asset, could be gradually developed to strengthen the euro area against future financial shocks, an influential taskforce chaired by Central Bank of Ireland governor Philip Lane has concluded. The security would bundle government debt from different countries into a single asset that could withstand default […]

0 Comments
Read Full
 
(adsbygoogle = window.adsbygoogle || []).push({});

Pharma giant Sanofi’s takeover of rival dominates European markets

Numbers from chip-maker AMS and pharma giant Sanofi’s takeover of rival Abylynx dominated European markets at the start of that will see many companies reporting results. DUBLIN Traders reported movement in a number of stocks, but said overall volumes were below average. Food industry stocks overall were weak. Ingredients and convenience foods specialist Kerry Group […]

0 Comments
Read Full

Sanofi takeover of rival dominates European markets

Numbers from chip maker AMS and Sanofi’s takeover of rival Abylynx dominated European markets at the start of that will see many companies reporting results. DUBLIN Traders reported movement in a number of stocks but said that overall volumes were below average. Food industry stocks overall were weak. Ingredients and convenience foods specialist Kerry Group […]

0 Comments
Read Full

Japan orders broader checks after $530m cryptocurrency theft

Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole $530 million (€428 million) worth of digital money from its exchange in one of the biggest cyber heists on record. The theft highlights the vulnerabilities in trading an asset that global policymakers […]

0 Comments
Read Full

Girl band stays loyal to cryptocurrency pay cheque

Members of a Japanese girl pop group, the Virtual Currency Girls, said on Monday they had refused an offer to be paid in yen and would stay loyal to cryptocurrencies despite a $530 million (€428 million ) cyber heist jeopardising their chances of getting paid. A cryptocurrency account that pays part of the band’s salary […]

0 Comments
Read Full

Girl band stay loyal to cryptocurrency pay cheque

Members of a Japanese girl pop group, the Virtual Currency Girls, said on Monday they had refused an offer to be paid in yen and would stay loyal to cryptocurrencies despite a $530 million (€428 million ) cyber heist jeopardising their chances of getting paid. A cryptocurrency account that pays part of the band’s salary […]

0 Comments
Read Full

German five-year bond yields turn positive for first time since 2015

Five-year German bond yields turned positive for the first time since late 2015 on Monday and yields across the euro area hit fresh highs after a European Central Bank policymaker said the ECB should make clear it would end its bond purchases this year. Dutch central bank chief Klaas Knot said on Sunday the ECB […]

0 Comments
Read Full

Chris Johns: Is this time really different for stock markets’ bull run?

It is beyond cliché to point out that the most dangerous words in finance are: “This time is different.” But, like many a cliché, it happens to be true. There are numerous examples of claims about difference preceding a stock market slump or any one of several types of financial crisis. Perhaps the most famous […]

0 Comments
Read Full

Aryzta continues to slide but the rising euro that spoils the day

European shares edged up on Friday, helped by a solid update from luxury goods group LVMH but not enough to counter the impact of a rising euro, which spoiled a strong start to the year and left them broadly flat over the week. The euro was up on Friday, though it remained below the December […]

0 Comments
Read Full