Category Archives: Finance

11Nov/16
Kobe Bryant at an Alibaba gala

Alibaba Singles Day sales break $5 bln in an hour

Alibaba’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Graham Mackay reports.

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09Nov/16

Wall Street jumps after Trump wins White House

U.S. stocks rise sharply in a dramatic turnaround from deep overnight losses as Wall Street digested the upset presidential election victory of Republican Donald Trump.

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07Nov/16

Wall St soars as investors bet on Clinton win

Stocks surged more than two percent after the FBI said it would not press charges against Democratic nominee Hillary Clinton, who is leading Donald Trump in at least five polls. Bobbi Rebell reports. Continue reading

31Oct/16

Thirty years since Big Bang transformed financial markets

Thursday marks thirty years since the Big Bang, when technology exploded onto the financial markets, transforming the industry.
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05Oct/16

Sterling hits new low on ‘hard’ Brexit fears

Britain’s pound has fallen again on fears over a so-called “hard” Brexit, dropping below $1.27 for the first time since June 1985. And the UK’s key services sector PMI has also fallen slightly, with financial services in particular bracing for fallout. Hayley Platt reports.
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