Shanghai Gold Exchange and World Gold Council partner to develop the Shanghai Free Trade Zone as a global gold market
January 15, 2015--Today, the Shanghai Gold Exchange and the World Gold Council, the market development organisation for the gold industry, signed a 'Memorandum of Understanding' regarding a 'Comprehensive Strategic Cooperation Agreement.'
The Shanghai Gold Exchange is the largest physical gold exchange worldwide and the World Gold Council is the global authority on the gold industry.
Source: World Gold Council
International Conflict Tops List of Global Risks in 2015
Geopolitical and societal risks dominate the World Economic Forum Global Risks 2015 report
Interstate conflict with regional consequences is viewed as the number one global risk in terms of likelihood, with water crises ranking highest in terms of impact
Experts rate environmental risks more prominently than economic ones
January 15, 2015--The biggest threat to the stability of the world in the next 10 years comes from the risk of international conflict, according to the 10th edition of the Global Risks report, which is published today.
The report, which every year features an assessment by experts on the top global risks in terms of likelihood and potential impact over the coming 10 years, finds interstate conflict with regional consequences as the number one global risk in terms of likelihood, and the fourth most serious risk in terms of impact. In terms of likelihood, as a risk it exceeds extreme weather events (2), failure of national governance systems (3), state collapse or crisis (4) and high structural unemployment or underemployment (5).
view moreP>view the WEF-Global Risks 2015
Source: WEF (World Economic Forum)
What it looks like when the Swiss rock global markets
Rough day for Swiss stocks, but gold came out on top
January 15, 2015--It cut like a Swiss knife on Thursday.
A shocker that no one saw coming- the Swiss National Bank eliminated its cap against the euro, ending more than three years of calm waters for the Swiss foreign-exchange markets.
Source: MarketWatch
Nasdaq Appoints Salil Donde as Executive Vice President to Lead Global Information Services
Growth and Expansion of Products and Distribution Among Key Goals
January 14, 2015--Nasdaq (Nasdaq:NDAQ) today announced the appointment of Salil Donde as Executive Vice President and Head of Global Information Services.
In this role, Mr. Donde'will be responsible for leading the strategic direction of the business while managing the success and growth of Nasdaq's current data and index products.
Source: Nasdaq
iShares hires for bond ETF push
January 14, 2014--BlackRock is ramping up the fixed income portion of its exchange-traded funds business,
creating a dedicated distribution team and hiring former bond traders as part of the push.
Source: Financial News
REG-UBS AG Following listing of UBS Group AG shares on the SIX Swiss Exchange and New York Stock Exchange (NYSE)
UBS confirms delisting of UBS AG from the NYSE and outlines process for delisting UBS AG from the SIX Swiss Exc
January 14, 2015-- Following listing of UBS Group AG shares on the SIX Swiss Exchange and New York Stock Exchange (NYSE) UBS confirms delisting of UBS AG from the NYSE and outlines process for delisting UBS AG from the SIX Swiss Exchange
Following the successful conclusion of the share exchange offer and the consequent listing of UBS Group AG shares on the NYSE and the SIX Swiss Exchange on 28 November 2014, UBS AG has, as previously announced, applied to delist its shares from the SIX Swiss Exchange and the NYSE.
Source: Reuters
Navigating Policies for the New Normal
January 14, 2015--Global growth in 2014 was yet again lower than initially expected, continuing a pattern of disappointing outturns over the past several years. Growth picked up only marginally in 2014, to 2.6 percent, from 2.5 percent in 2013.
The global growth outlook for 2015 is not rosier either: it is expected to rise moderately to 3 percent, and an average about 3.3 percent through 2017.
Several major forces are driving the global outlook: soft commodity prices, persistently low interest rates but increasingly divergent monetary policies across major economies, and weak world trade. In particular, the sharp decline in oil prices since mid-2014 will support global activity and offset some of the headwinds to growth in oil-importing developing economies. However, it will continue to dampen growth prospects for oil-exporting countries, with significant regional repercussions.
Source: World Bank
Savers opt for secure retirement over luxuries
January 14, 2015--A new report has suggested that most people approaching retirement want to use their pension savings to secure a guaranteed income rather than spend it on cars and holidays.
Big changes to pension rules announced in last year's Budget will give savers with so-called "defined contribution" pensions new flexibility to avoid buying an annuity, which turns savings into a guaranteed income.
Source: FT.com
Qatar market lures German firms for dual listings
January 14, 2015--The Qatar Exchange 20 index fell by 0.50 per cent to 11,936.58 points on Wednesday, January 14.
Qatar Islamic Bank (QIB) gained 0.94 per cent to reach for QAR107.
Source: AME Info
REPORT: U.S.-Listed ETPs Tracking Nasdaq Indexes
January 13, 2015--The Nasdaq Quarterly report encapsulating all U.S.-Listed Exchange-Traded Products (ETPs) that track Nasdaq Indexes is now available.
view the Detail pages-sorted by index family view the Index and Licensed Product Snapshot
Source: Nasdaq
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