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Image : McConnell gives strongest statement yet in favor of Trump

McConnell gives strongest statement yet in favor of Trump

person Orange Themes access_time Nov 03,2016

FRANKFORT, Ky. (AP) — Senate Majority Leader Mitch McConnell has made his strongest statement yet on his party's presidential nominee, telling a rally in his home state Wednesday that "we need a new president, Donald Trump, to be the most powerful

Image : The Latest: Trump aide talks about possible Cabinet heads

The Latest: Trump aide talks about possible Cabinet heads

person Orange Themes access_time Nov 21,2016

NEW YORK (AP) — The Latest on President-elect Donald Trump (all times local):

Image : Venezuela's high court deals blow to bid to unseat Maduro

Venezuela's high court deals blow to bid to unseat Maduro

person Orange Themes access_time Oct 18,2016

CARACAS, Venezuela (AP) — Venezuela's government-stacked courts have dealt another blow to the opposition's attempts to unseat President Nicolas Maduro.

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Derivatives market coming to VN in early 2017

access_time Nov 11,2016 chat_bubble_outline 79 views

Viet Nam’s first derivatives market is expected to become operational next year, according to a top stock market official.

Nguyen Thi Hoang Lan, vice chairwoman of the Ha Noi Stock Exchange, told a seminar on risk prevention in the derivatives market held in HCM City yesterday that next month the results of the market’s trial run would be reported to the Government and official trading would begin in the first quarter of 2017.

“In the initial stage the products will be simple ones like futures contracts for indexes and Government bonds, and more complicated products will be introduced later,” said Lan.

Dang Tai An Trang of the State Securities Commission said there were market, counter-party and liquidity risks as well as interconnection risks.

Prevention solutions include separating brokerages’ money and securities from that of clients, and not allowing brokerages to use clients’ money or securities for proprietary trading, he said.

Securities companies need to be professional and their employees need to be ethical, regulations stipulate.

“The market must be operated with fairness, effectiveness and transparency,” Trang said, adding that financial safety should be closely monitored.

Tran Thi Thu Ha, director of the Ha Noi exchange’s derivatives market department, said the choice of products would help prevent price manipulation.

An important factor is that the price fixing mechanism must ensure fairness and follow international practices.

Trinh Hoai Giang, deputy general director of HCM Securities Company (HSC), said his company had developed a risk management structure made up of inspection and governance, risk management and finance sections.

“We also have regulations on compliance and report management, plans for funds use and experiments in risk tolerance levels.” 

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US: Trump 'unbelievably disappointed' in Australia deal

WASHINGTON (AP) — The White House deepened its condemnation of an Obama administration refugee deal with Australia Thursday, saying President Donald Trump was "unbelievably disappointed" in the agreement.Asked whether the deal would continue, Trump said, "We'll see what happens."The agreement to allow mostly Muslim refugees to resettle in the United States was a source of friction during a recent phone call between Trump and Australian Prime Minister Malcolm Turnbull, according to an… chat_bubble_outline Read More...

Erdogan asks Tanzania to act against Gulen network

Dar es Salaam (AFP) - Turkish President Recep Tayyip Erdogan on Monday asked his Tanzanian counterpart John Magufuli to take action against the network of an exiled cleric he blames for last year's failed coup.The Hizmet movement run by US-based cleric Fethullah Gulen, is linked to a network of schools across the world, including in Africa, and the Turkish president is rallying leaders on the continent to help him fight the influence of his longtime rival."The party that wants to overthrow me… chat_bubble_outline Read More...

Afghan bomb killed five Emirates humanitarian workers: UAE

DUBAI (Reuters) - Five Emirati humanitarian workers were killed in a bomb attack in the southern Afghan city of Kandahar, the United Arab Emirates (UAE) official news agency reported on Wednesday.The five were killed on Tuesday while engaged in humanitarian, educational and development work, state news agency WAM reported, adding President Sheikh Khalifa bin Zayed al-Nahyan had ordered flags flown at half mast for three days in mourning.Afghan officials said the explosion killed at least seven… chat_bubble_outline Read More...

IBM third quarter revenue falls, but tops forecasts on cloud, analytics growth

By Narottam Medhora and Nayyar Rasheed(Reuters) - International Business Machines Corp posted better-than-expected third-quarter revenue on Tuesday, helped by growth in the company's cloud and analytics businesses.Under Chief Executive Ginni Rometty, the technology services company has shifted toward more profitable areas, such as cloud services, artificial intelligence, analytics, and security while trimming its traditional hardware and services businesses.Revenue from those areas, which the… chat_bubble_outline Read More...

Giroud snatches point for Arsenal in 1-1 draw at Man United

MANCHESTER, England (AP) — Manchester United manager Jose Mourinho rose from his chair and was about to leave the post-match news conference when he turned to his audience, threw his arms up and said: "Finally, I've lost to Arsenal."It was a tongue-in-cheek remark from Mourinho but it summed up his feelings perfectly. United conceded an 89th-minute goal by Olivier Giroud to draw 1-1 with Arsenal in the English Premier League on Saturday, leaving Mourinho's side with an increasingly familiar… chat_bubble_outline Read More...

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