News Centre

The Saudi Stock Exchange (Tadawul) And The Abu Dhabi Securities Exchange (ADX) Sign Cooperation Agreement

Date 20/11/2013

The Saudi Stock Exchange (Tadawul) and the Abu Dhabi Securities Exchange (ADX) have today entered into a Memorandum of Understanding (MoU), which will serve to augment the already robust bilateral relationship between the two exchanges.

Agreement Between Council Of The European Union And The European Parliament On EU Emissions Trading System - Right Signal To Fix Carbon Market

Date 20/11/2013

Today the Committee of Permanent Representatives (COREPER I) gave its consent to the agreement between the Lithuanian Council Presidency, the European Parliament and the Commission on Proposal for a Decision amending Directive 2003/87/EC clarifying provisions on the timing of auctions of greenhouse gas allowances.

Amid Strong Indications Of A New Era For The Sector: DFM and NASDAQ Dubai IPO Forum Discusses The Role Of IPOs In Diversifying Investment Opportunities And Achieving Sustainable Growth

Date 20/11/2013

• DFM online survey: 76% of investors are ready to participate in IPOs within the next 12 months with main focus on Government companies, private and family businesses
• Essa Kazim: The favorable market environment  is likely to see IPO backlog of  recent  years flooding on to the market    

Companies On Thai Alternative Bourse Post Growing Sales In July-Sept

Date 20/11/2013

• Sales up 7.29 pct in Q3 from a year earlier, but net profits down on rising costs
• Gross profit margins drop slightly, weighed by business expansion and new investment 
• Nine-month sales up 6.89 pct year-on-year

Moscow Exchange: Trades In Rostelecom Shares Now Require Partial Collateral

Date 20/11/2013

The National Clearing Center has said that trading Rostelecom ords (RTKM) will require partial collateral starting from 20 November.

MNI China Business Indicator Falls To 53.3 In November From 55.3 In October - New Orders Remain Firm

Date 20/11/2013

The MNI China Business Indicator eased to 53.3 in November from 55.3 in October,causing the three month trend to fall to the lowest for 12 months.

Securities Commission Malaysia, Bank Negara Malaysia And Perbadanan Insurans Deposit Malaysia Issue Joint Public Consultation Paper On OTC Derivatives Reporting Requirements

Date 20/11/2013

Securities Commission Malaysia (SC), Bank Negara Malaysia (BNM) and Perbadanan Insurans Deposit Malaysia (PIDM) issued a joint consultation paper today on requirements for the reporting of trading activity in over-the-counter (OTC) derivatives markets to a trade repository.

CalPERS To Recover $261 Million In JPMorgan Federal Investigation Settlement

Date 20/11/2013

The California Public Employees’ Retirement System (CalPERS) is set to get back approximately $261 million in damages from JPMorgan in a federal investigation settlement announced today by California’s Attorney General Kamala Harris.

Federal Reserve Chairman Ben S. Bernanke, At The National Economists Club Annual Dinner, Herbert Stein Memorial Lecture, Washington, D.C., November 19, 2013, Communication And Monetary Policy

Date 20/11/2013

Nearly eight years ago, when I began my time as Chairman, one of my priorities was to make the Federal Reserve more transparent--and, in particular, to make monetary policy as transparent and open as reasonably possible. I believed then, as I do today, that transparency in monetary policy enhances public understanding and confidence, promotes informed discussion of policy options, increases the accountability of monetary policymakers for reaching their mandated objectives, and ultimately makes policy more effective by tightening the linkage between monetary policy, financial conditions, and the real economy. Of course, responding to the financial crisis and its aftermath soon became the Federal Reserve's main focus. As it has turned out, however, following the stabilization of the financial system, supporting our economy's recovery from the deepest recession since the Great Depression has required a more prominent role for communication and transparency in monetary policy than ever before.

New York Attorney General Schneiderman-Led State & Federal Working Group Announces $13 Billion Settlement With JPMorgan Chase - RMBS Task Force, Co-Chaired By Schneiderman, Produces Largest Settlement Ever Levied Against A Financial Institution - Settlement Comes Thirteen Months After Schneiderman Sued JPMorgan For Fraudulent Residential Mortgage-Backed Securities Packaged And Sold By Bear Stearns - Schneiderman: “Today’s Settlement Is A Major Victory In The Fight To Hold Those Who Caused The Financial Crisis Accountable”

Date 20/11/2013

Attorney General Eric T. Schneiderman today joined the members of a state and federal working group he co-chairs in announcing a $13 billion settlement with JPMorgan Chase. The agreement – the largest settlement with a single entity in American history – resolve federal and state civil claims arising out of the packaging, marketing, sale and issuance of residential mortgage-backed securities (RMBS) by JPMorgan, Bear Stearns and Washington Mutual prior to January 1, 2009.