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Market News

Location American Market News for 4 July 2015

Get Ready to Weather the Price of El Niño

Wall Street Journal - 4 Jul 2015 12:04
The return of the El Niño weather phenomenon is forcing agricultural commodity players to prepare for low crop yields and heightened price volatility.
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World Bank Deletes Critical Passage on China

Wall Street Journal - 4 Jul 2015 01:21
The bank removed from a recent report its call on the Beijing government to reduce its influence on the country's financial system, raising questions over internal controls and external influence at the international bod...
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Shares in Imaginatik soar as Rob Terry increases stake In less than two weeks, Rob Terry has upped his stake in Imaginatik, as share price jumps 173pc in June.
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European equity markets plunge ahead of Greek referendum On Friday, a leading eurozone stock index suffered its biggest weekly fall this year as investors await an outcome to the Greek referendum.
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British GP pole for home hero Hamilton Lewis Hamilton was rewarded with pole position and a standing ovation after a blistering qualifying run ahead of the British Grand Prix.
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Malaysia's attorney general said a probe into a troubled state investment fund has uncovered documents related to allegations that money was transferred into the personal bank accounts of Prime Minister Najib Razak.
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A takeover frenzy is gripping British boardrooms As mergers and acquisitions reach a record high Ashley Armstrong considers who is benefiting - and what the downsides are
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Formula One's multi-millionaire camp site F1 title rivals Lewis Hamilton and Nico Rosberg have forsaken the luxury of a plush hotel to pitch their motor homes next to each other on a camp site at the British Grand Prix.
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China stock brokers set up $19 billion fund to stem market rout The 21 brokers led by Citic Securities will invest the equivalent of 15% of their net assets as of the end of June, or no less than ¥120 billion in total
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China Setting Up Fund to Stabilize Stock Market

Wall Street Journal - 4 Jul 2015 08:49
China is establishing a market-stabilization fund aimed at fighting off the biggest stock selloff in years, according to an official statement and people with knowledge of the matter.
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Malaysia's anticorruption agency will look into Wall Street Journal report that investigators have traced nearly $700 million of deposits into what they believe are the personal bank accounts of Malaysia's prime minister...
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Ferrari worth more than £7bn, says Fiat chief executive Sergio Marchionne Sports car maker Ferrari expected to float on the stock market at the end of the year
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New Credit Suisse CEO Reins in Hopes for a Quick Fix

Wall Street Journal - 4 Jul 2015 00:00
'Expectations have kind of run away,' says new Credit Suisse CEO Tidjane Thiam, as he plays down optimism he can quickly lift the Swiss bank out of its recent malaise.
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