Morgan Stanley Sees Widodo Powerless to Prevent Rupiah Slide
Oct 20, 2014 at 10:00 | Source:
Morgan Stanley, the most-accurate forecaster of the Indonesian rupiah in the past year, expects the currency to extend its three-month slide as incoming president Joko Widodo struggles to gain parliamentary support. The U.S. bank cut its year-end ...
Morgan Stanley profits soar 87% as trading rebounds
Oct 17, 2014 at 20:27 | Source:
US investment bank Morgan Stanley has posted an 87% jump in profits to $1.65bn (£1bn) in the three months to the end of September. Trading of currencies, commodities and bonds was a big driver of profits, as was wealth management - advising high ear...
Morgan Stanley Profit Jumps 87% as Trading Activity Rebounds
Oct 17, 2014 at 18:00 | Source:
Morgan Stanley reported an 87 per cent rise in third-quarter earnings as the Wall Street bank's trading and wealth management businesses benefited from increased client activity. Net income attributable to common shareholders rose to $1.65 bi...
The wider concerns of Hong Kong's protesters
Oct 03, 2014 at 20:41 | Source:
For the Hong Kong students thronging the streets of the Central business district this week the issue at stake has been wider democracy. But for the thousands more young professionals living and working in the city's nearby office blocks, the pr...
Alibaba Gives Bigger Incentive Fees to Credit Suisse, Morgan Stanley
Sep 27, 2014 at 16:00 | Source:
Wall Street Journal
In the historic initial public offering of Alibaba Group Holding Ltd. last week, it turns out that some banks were more equal than others. In its final doling out of fees to underwriters for their work on the offering, Alibaba rewarded Credit Suisse ...
Alibaba Banks Bring Home $261 Million in Fees
Sep 22, 2014 at 20:00 | Source:
Alibaba Group Holding Ltd.'s underwriters raked in $261.2 million in fees after completing the largest initial public offering in history. Credit Suisse Group AG, Deutsche Bank AG, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Mo...
Morgan Stanley Picks Up Rs 32-Crore Pantaloons Shares
Sep 16, 2014 at 00:00 | Source:
Mumbai: Foreign fund house Morgan Stanley Asia (Singapore) on Monday picked up nearly 26.7 lakh shares in clothing retail firm Pantaloons for a little over Rs 32 crore through open market. A total of 26,68,655 shares of Pantaloons were acquired by&am...
Apple Pay can be a game changer if backed by retailers
Sep 11, 2014 at 11:31 | Source:
Apple Inc's launch of its own tap-to-pay system using near-field communication in its new iPhones and smartwatches may not be a game changer after all. The success of Apple Pay, unveiled at a gala launch on Tuesday, hinges on the willingness of retai...
Retailers seen unlikely to warm up to Apple Pay
Sep 11, 2014 at 04:35 | Source:
Apple Inc's launch of its own tap-to-pay system using near-field communication in its new iPhones and smartwatches may not be a game changer after all. The success of Apple Pay, unveiled at a gala launch on Tuesday, hinges on the willingness of reta...
ECB’s last roll of the dice
Sep 04, 2014 at 23:57 | Source:
Today is a big day in the history of the Eurozone, for three reasons (always good to have the big three). First an ideological Rubicon has been crossed by the European Central Bank (ECB) - because in trying to cut interest rates and increase the supp...
Russian rouble falls to new low on sanctions threat
Aug 30, 2014 at 00:17 | Source:
The Russian rouble fell to a record low against the dollar as investors fear further sanctions against the nation. The rouble fell to 37.03 per dollar on Friday, its worst valuation since the currency was restructured in 1998. The tumble comes weeks ...
SKS Microfinance Surges; Morgan Stanley Starts at 'Overweight'
Aug 28, 2014 at 10:54 | Source:
SKS Microfinance shares up 3 per cent at Rs 299 on Thursday. Morgan Stanley initiates coverage with an "overweight" rating and a target of Rs 385. India's microfinance industry has $90 billion demand potential, says Morgan S...
Titan Company Gains After Morgan Stanley Upgrades
Aug 21, 2014 at 11:26 | Source:
Titan Company gains more than 5 per cent on Thursday as Morgan Stanley upgrades the watches and jewellery maker to "overweight" from "equal-weight". Morgan Stanley raises share price target to Rs 420 from Rs 330. M...
Brent holds near 14-month low on plentiful supply
Aug 21, 2014 at 01:45 | Source:
SINGAPORE (Reuters) - Brent crude futures steadied near 14-month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.The oil benchmark has fallen more than 12 ...
India ranks poorly in labour-employer relation: Morgan Stanley
Aug 18, 2014 at 22:00 | Source:
India ranks poorly in employee- employer relations standing at 61st position, which is far behind countries like Mexico, Thailand and the Philippines, according to a report by Morgan Stanley. "On the metric of cooperation in labour-employer ...
As money leaves Russian stocks, China, other BRICS benefit
Aug 12, 2014 at 23:30 | Source:
LONDON (Reuters) - With the threat of further Western economic sanctions hanging over Russia, foreign investors are deserting Moscow's equity markets and funnelling cash into other BRICS states, with China a standout beneficiary.Russia has performed ...
The global wine drought that never was
Aug 07, 2014 at 23:22 | Source:
Recently the world's media reported the alarming news that demand for wine has outstripped supply. Latest figures indicated a shortfall of 300 million cases in 2012, it was claimed... the world was facing the serious prospect of a wine shortage....