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  • Statement By IMF Managing Director Christine Lagarde On The People’s Bank Of China Exchange Rate Action

    Date 14/04/2012

    Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in reaction to the People’s Bank of China announcement on April 13 that the renminbi’s trading band against the U.S. dollar in the inter-bank foreign exchange market would be widened to 1.0 percent from 0.5 percent:

    "I would like to welcome this important step by the People's Bank of China to increase the flexibility of their currency. This underlines China's commitment to rebalance its economy toward domestic consumption and allow market forces to play a greater role in determining the level of the exchange rate."

  • NASDAQ OMX Announces Index Changes

    Date 14/04/2012

    The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced changes to a number of its indexes. After substantial research and consideration, NASDAQ OMX® decided to enact changes in its special dividend policy across all indexes calculated in the U.S. (including NASDAQ®-, NASDAQ OMX®- and PHLX®-branded indexes), the seasoning criteria of certain indexes, and the evaluation schedule for the family of NASDAQ OMX Green Economy Indexes.

  • The Egyptian Exchange (EGX) Opens Its New Premises

    Date 14/04/2012

    The Egyptian Exchange (EGX) has opened its new administrative headquarter in Smart Village, a business zone on the western edge of Cairo.

  • Texas Instruments Incorporated To Join The NASDAQ-100 Index Beginning April 23, 2012

    Date 14/04/2012

    Texas Instruments Incorporated (Nasdaq:TXN) will become a component of the NASDAQ-100 Index® (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Monday, April 23, 2012. Texas Instruments Incorporated will replace First Solar, Inc. (Nasdaq:FSLR).

  • Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

    Date 13/04/2012

    Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

    • The shares of Goldbrook Ventures Inc. (TSXVN:GBK) will be removed from the S&P/TSX Venture Composite Index after the close of Friday, April 13, 2012. The shares of the company have been acquired by Jilin Jien Nickel Industry Co., Ltd. (Shanghai:600432).