KCG Holdings Inc. published trade volumes for the month of June on Tuesday.In terms of market making, KCG posted an average of $23.5 billion in transaction volumes, which is 8.2 billion shares and 3.4 million transactions per day in US stocks, a notable decline from the volumes recorded in May...
The group of emerging economies have signed a contract to create the $100 bn BRICS Development Bank and a reserve currency pool worth over another $100 bn. Both will counter the influence of Western-based lending institutions and the dollar...
Microsoft Corp. (MSFT) is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj’s handset unit, people with knowledge of the company’s plans said...
This past week, Chinese State TV called the iPhone a “national security concern” because of its location tracking capabilities. The iPhone’s operating system utilizes location for several applications, including Maps and Weather...
The asset-less social network company’s market capitalization at the end of trading yesterday was just over $4 billion...
German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said...
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Biotech stock Therapeutics MD (TXMD) was up 32.5% on Tuesday, lifted by brokerage house FBR Capital initiating coverage with an incredible $34 price target. Based on TXMD’s Tuesday closing price of $5.47, the FBR price target would mean a 600% return...
American regulators imposed a substantial penalty upon France's largest bank BNP Paribas for doing business with Cuba, Iran and Sudan. The present case showed that crippling a European bank could harm the world’s financial system, as well as a region struggling for growth...
(Reuters) - The world's major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action...
Lamassu which has revolutionized the in-person acquisition of Bitcoin via a streamlined thirty-second process earlier introduced a modular two-Bitcoin ATM system; has now brought in Rakía, a brand-spanking-new open source back-end system for its ATMs...
A few moments ago, LinkedIn expanded its presence in China by launching a beta version of our new Simplified Chinese site branded “领英”, to offer a more localized service to our members in China. We also established a joint venture with Sequoia China and CBC to explore expanding our business here...
China Unicom has been granted a license by China’s Ministry of Industry and Information Technology to conduct a hybrid 4G network trial in 16 cities in the country...
Financial research firm Markit announced that it will develop a new exhaustive service for facilitating electronic trade confirmation and execution administration for the foreign exchange options market...
Approval for Foreign Direct Investment (FDI) in India will soon take a hit as the Bharatiya Janata Party (BJP) Government is working on plans to backburner the proposal as the result of an uproar from local traders...
The rise of the renminbi’s prominence to the global economy, along with China’s huge status as creditor nation, has made SAFE an increasingly important player in international forex and financial markets…...
GoPro shares are looking a lot like the action camera videos its fans often take — breathtaking. Shares jumped 20% to $48.80 Tuesday and are up 103% in just four trading sessions following Thursday's $24 initial public offering. How much more pop is there in GoPro...
Blackstone Group LP (BX), already the largest investor in hedge funds, is signing on a team of three traders for the first such fund that it will manage directly, according to two people with knowledge of the plans...
The fate of Argentina’s economy now rests on its ability to resolve a dispute with a group of bondholders led by a multibillion-dollar hedge fund...
