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UPDATE 2-FX Alliance shares rise on market debut
* Shares close 14.5 pct above IPO price * At closing company valued at $389.1 mln (Adds details, analyst's comment, share closing price) Feb 9 (Reuters) - Shares of FX Alliance Inc,which runs a forex trading ...
Read more...China to make Shanghai global yuan hub by 2015
SHANGHAI (Reuters) - China intends to establish Shanghai as the global centre for yuan trading, clearing and pricing over the next three years as part of broader plans to make the commercial hub an international financial centre by 2020. The plan for Shanghai's financial innovations through 2015, published jointly by the country's economic planning agency and the Shanghai government on Monday ...
Read more...Highlights - Key points from Shanghai's global yuan hub plan
SHANGHAI (Reuters) - China's economic planning agency unveiled broad plans to make Shanghai the global trading centre for yuan trading, clearing and pricing by 2015. The following is a list of key points ...
Read more...Preview: China’s Trade Balance A Gauge for Global Demand
As we head towards the end of the week we continue to see general risk sentiment positive as our most basic measure of sentiment - the S&P 500 futures - continues to push towards fresh highs multi-month highs.
Read more...China outlines plans to turn Shanghai into global money hub
SHANGHAI, Jan 30 – China laid out more specific plans to turn Shanghai into a global financial centre by 2020, listing a series of targets for the next three years to make the city a hub for yuan trading. The plan for Shanghai’s financial innovations through 2015 included establishing the central bank’s daily yuan fixing and the government-backed ...
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