Tag Archives: assets
Qatar postpones listing of $12 bln investment company
(Adds original IPO date and background) DUBAI, May 12 (Reuters) – A planned stock market listing forDoha Global Investment Co, a $12 billion Qatari investmentcompany backed by assets from the Gulf state’s sovereign wealthfund, has been postponed, a senior bourse official said onSunday. Qatar unveiled plans to create the investment company inFebruary and said that sovereign fund Qatar Holding will transfer $3 billion of assets into the Doha Global, with asimilar amount raised in an initial public offering (IPO) on theQatar Exchange. … Continue reading
Metropolitan Bank & Trust 1Q Net Profit More Than Doubles to PHP11.4 Billion
Metropolitan Bank & Trust Co. (MBT.PH) said Thursday that net profit in the first quarter more than doubled from a year earlier due to improved interest margins, higher treasury income and gains from selling a stake in car assembler Toyota Motors Philippines Corp Continue reading
The Gillmann Group and LIG Plants First Seed
HENDERSON, NV — (Marketwired) — 04/23/13 — The Gillmann Group, Inc. (Henderson, NV), one of the most respected consulting firms in the gaming industry, and LIG Assets, Inc., (PINKSHEETS: LIGA) p… Continue reading
SMBC Nikko bets on "Abenomics", plans first new branches in five years
By Nathan Layne and Emi Emoto TOKYO (Reuters) – Japan’s SMBC Nikko Securities will expand its domestic retail branch network by more than 20 percent over the next three years as it bets that the new premier’s economic policies will lift the stock market further, the head of the country’s third-largest brokerage said. Continue reading
Risk assets rebound on earnings, policy expectations
By Chikako Mogi TOKYO (Reuters) – Risk assets rebounded broadly on Wednesday as a sharp sell-off over the past two sessions lured bargain hunters, with sentiment bolstered by positive American corporate earnings and data supporting the case for ongoing U.S. monetary stimulus. The yen resumed its downtrend as markets regained some stability, as investors were seen to be liquidating some of their excessively built-up positions. Continue reading
Ignorance And Minders: Life Inside North Korea
With angry rhetoric pouring from Pyongyang and military assets on the move, a Sky journalist reports from the secretive state. Continue reading
Pension underfunding grows despite U.S. market rally: study
By David Randall NEW YORK (Reuters) – The gap between what major corporations will owe retired workers and how much they have put aside grew last year despite a strong stock market rally, according to a study set to be released on Monday by Wilshire Associates. Continue reading
Gold Drops to Near 4-Week Low on Economic Optimism
Gold fell for a second straight day and hit its lowest in nearly four weeks as investors shifted their money into risky assets for better returns on renewed optimism. Continue reading
Stocks, euro rise after Cyprus banks reopen
By Ellen Freilich NEW YORK (Reuters) – The benchmark S&P 500 stock index set a record closing high while the euro rose from a four-month low as banks in Cyprus reopened to relative calm on Thursday after the island's controversial bailout that taxed large depositors. Stocks rose on Wall Street, the S&P closing at 1,569.19, surpassing the previous record high on October 9, 2007 Continue reading
Loeb’s Third Point outperforms hedge fund rivals again
By Svea Herbst-Bayliss BOSTON (Reuters) – Hedge fund manager Daniel Loeb outperformed his rivals again in the first quarter with returns that kept pace with the stock market's recent rally, a person familiar with Loeb's returns said. Continue reading
