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Date 21/05/2012
HKEx Participates In Give & Gain Day 2012
Hong Kong Exchanges and Clearing Limited (HKEx) participated in the Give & Gain Day campaign on Friday, 18 May 2012, joining an international movement aimed at mobilising employees to serve the community by volunteering during their work hours. The campaign in Hong Kong was organised by Community Business Limited and comprised companies committed to organising and supporting their employees to serve the community on a voluntary basis.
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Date 21/05/2012
Osaka Securities Exchange: SPAN Parameters For DJIA Combined Commodity
According to the launch of DJIA (Dow Jones Industrial Average) Futures on May 28, 2012, OSE announces SPAN parameters for DJIA Combined Commodity as follows.
The following parameters will be applied from May 28, 2012 to June 1, 2012.
Please be advised that SPAN Parameter is subject to change during the above period upon market conditions. -
Date 20/05/2012
Rupee And Gold Trading Drives New DGCX Daily Volumes Record - Exchange Trades 51,943 Contracts On May 16, Valued At US $ 1.98 Billion
Driven by an increase in Indian Rupee and Gold futures trading, the Dubai Gold and Commodities Exchange (DGCX) registered a new daily volume high of 51,943 contracts on Wednesday, May 16, 2012. The new daily volume record surpassed the previous best of 42,484 contracts set on May 9, 2012. The Exchange also set a new daily value record, with US $ 1.98 billion worth of contracts traded on Wednesday.
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Date 20/05/2012
A Delegation From The Egyptian Exchange Meets With Souhag Businessmen To Promote For NILEX
A group of the stock exchange's officials met a number of businessmen, local investors in Souhag Governorate in addition to representatives of Chambers of Commerce as well as the officials handling the industry development file on Thursday, May 17, 2012. This meeting is one of a series of meetings the stock exchange holds periodically with the Egyptian businessmen to raise their awareness about the benefits of listing on NILEX and the growth opportunities the companies get through the funding.
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Date 20/05/2012
Statement By G-8 Leaders On The Global Economy
Our imperative is to promote growth and jobs.
The global economic recovery shows signs of promise, but significant headwinds persist.
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Date 19/05/2012
President Obama's Weekly Address: Congress Must Move Forward, Not Back On Wall Street Reform
In this week’s address, President Obama discussed Wall Street reform that he put in place to protect consumers, make Wall Street play by the same set of rules, and ensure that taxpayers are never again on the hook for the type of irresponsible behavior on Wall Street that nearly destroyed our financial system and cost the economy millions of jobs. While Republicans in Congress are still trying to delay and dismantle these critical Wall Street reforms, President Obama continues to urgeCongress to finish implementing these reformsso that we can prevent excessive risk-taking and help create an economy that is built to last.
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Date 18/05/2012
Facebook Rings The NASDAQ Stock Market Opening Bell
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Date 18/05/2012
New York Attorney General Schneiderman Applauds Court Decision Upholding Key Voting Rights Act Provision - Schneiderman Filed Brief Against Challenge To Voting Rights Act - Argued Law Provides Important Protections For Minority Voters, Blocks Ongoing Discrimination & Prevents Disenfranchisement
Attorney General Eric T. Schneiderman applauded a federal court decision today upholding a key provision of the Voting Rights Act that protects voters from disenfranchisement. In Shelby County, AL v. Holder, the Court of Appeals for the D.C. Circuit rejected an attempt to strike down the provision of the law that requires certain jurisdictions with a history of discrimination to obtain pre-approval from the federal government for any changes to election procedures. In December, Attorney General Schneiderman filed a brief in the case, underscoring the important role that the Voting Rights Act plays in protecting minority voters and preventing discrimination. In today's ruling, the Court observed that "intentional racial discrimination in voting remains so serious and widespread in covered jurisdictions that section 5 preclearance is still needed."
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Date 18/05/2012
Fitch Downgrades Greek Banks To 'CCC'
Fitch Ratings has downgraded National Bank of Greece's, Efg Eurobank Ergasias', Alpha Bank's, Piraeus Bank's and Agricultural Bank of Greece's Long-term Issuer Default Ratings (IDR) and Support Rating Floors (SRF) to 'CCC' from 'B-' and Short-term IDRs to 'C' from 'B'. The Viability Rating (VR) of the five banks has been affirmed at 'f'. A full list of rating actions is at the end of this comment.
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Date 18/05/2012
Three Financial Industry Leaders Elected To DTCC’s Board Of Directors
The Depository Trust & Clearing Corporation (DTCC) today announced the election of three renowned and well respected leaders in financial services to its Board of Directors. The three new Board members are Darryll Hendricks, Head of Strategy and Regulatory Reform for UBS Investment Bank; Cynthia Meyn, Executive Vice President and Senior Operations Manager for PIMCO; and Brian T. Shea, Chief Executive Officer of Pershing LLC.
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