News Centre

Japan’s Financial Services Agency Extends Temporary Measures Regarding Restrictions On Short Selling And Purchase Of Own Stocks By Listed Companies

Date 24/10/2011

1. An "uptick rule requirement" which prohibits, in principle, short selling at the same as or prices lower than the latest market price

NASDAQ Dubai Hosts Seminar On Opportunities For Investment In Gold - Event Explains Dubai Gold Securities (DGS) To UAE Brokers

Date 24/10/2011

Senior representatives of 20 leading UAE brokers   attended a NASDAQ Dubai seminar that explained opportunities for individuals and institutions to invest in gold, with products listed on NASDAQ Dubai.

Cleartrade Exchange Volumes And New Members Exceed Q3 Expectations

Date 24/10/2011

Cleartrade Exchange Pte Ltd. (CLTX), the OTC electronic global marketplace for freight and commodity derivatives, today announced it has already exceeded its Q3 goal of signing 16 members, including major investment banks as well as global energy and commodity companies. Due to this success it is now raising its goal to reaching over 20 members before the year-end.

Jörg Asmussen Is Appointed To The Executive Board Of The European Central Bank

Date 23/10/2011

The European Council today adopted a decision appointing Jörg Asmussen (Germany) member of the executive board of the European Central Bank for a term of eight years as from 1 January 2012.

European Council - 23 October 2011 - Conclusions

Date 23/10/2011

In addition to addressing the immediate challenges posed by the financial crisis, it is essential tointensify efforts to secure sustainable and job-creating growth. Budgetary consolidation and debt reduction are of crucial importance in order to ensure the sustainability of public finances and restore confidence. At the same time, determined action is required to strengthen the economy already in the short run. It is therefore crucial for the European Union to implement all aspects of the Europe 2020 strategy. The Member States will accelerate structural reforms in line with the recommendations made in the context of the European semester. Within this framework, the European Council identified today a number of priorities which should be fast-tracked because of their significant impact on jobs and growth in the short to medium term. It also called for a stronger focus to be given to the growth-enhancing aspects of the European Union's external policies in order to maximise their contribution to growth in Europe and to shape the conditions to attract more foreign investment. The European Council set the Union's position for the G20Summit, giving top priority to maintaining financial stability and restoring growth. It also discussed the preparations for the Durban conference on climate change, stressing the need to take ambitious steps towards a global and comprehensive legally-binding framework for the post-2012 period.

José Manuel Durão Barroso President Of The European Commission - Statement By President Barroso At The Press Conference Following The European Council Press Conference Brussels, 23rd October 2011

Date 23/10/2011

Today indeed we still have a heavy agenda. But this morning we started to discuss growth. As you know the Commission has presented recently a Roadmap addressing the most urgent issues on the euro area, but we have underlined again that part of the answer is growth. We need of course fiscal consolidation, but without growth our citizens will not be confident in their future and in the future of the economies in Europe. That is why I was invited by the European Council to present a report on growth (which I did) - "Europe's sources of growth". And the idea was to show how we could recover some of the €2 trillion in growth that we have lost because of the financial crisis.

Qatar Exchange Launches Initiative To Allow Investors To Receive Dividends Directly From Banks

Date 23/10/2011

Qatar Exchange today launched an ambitious initiative aiming at allowing investors to have their dividends directly deposited in their bank accounts.  The purpose of this initiative, which comes in line with the best international practices, is to help develop the Qatari financial market and protect investors' rights.

The Palestine Exchange (PEX) Convenes The 5th Annual Palestinian Capital Market Forum On Monday, 21 November 2011 - The Forum Will Discuss Family Businesses "Strategies For The Future” - The Forum Is Under The Auspices Of H.E. Dr. Salam Fayyad, Palestinian Prime Minister

Date 23/10/2011

Mr. Ahmad Aweidah, Chief Executive Officer of the Palestine Exchange (PEX) announced the convening of PEX 5^th Annual Palestinian Capital Market Forum (www.pex.ps/forum) to be held in Ramallah city, Palestine on Monday 21 November 2011. The 5^th Forum will focus its deliberations on family businesses and strategies for the future by highlighting issues relating to their possible transformation into public shareholding companies as a step towards institutionalization, growth and sustainability as well as to enhance transparency and good corporate governance practice.

Opening Remarks By President Herman Van Rompuy At The Meeting Of The European Council

Date 23/10/2011

I welcome everybody to this meeting of the European Council. And in particular our new colleague, Helle Thorning-Schmidt from Denmark. Welcome!

Dubai Financial Market Announces Its Board of Directors Meeting To Be Held On Wednesday 26 October

Date 23/10/2011

The Board of Directors of the Dubai Financial Market will hold a meeting on Wednesday 26 October at 2:00 PM at Borse Dubai to discuss the financial performance for the company and approve the review report and interim financial information for the period from 1st January 2011 to 30th September 2011. Additionally, the Board of Directors will discuss the normal business activities and any business issues as arise.