“EBS has been a good deal for ICAP and the foreign exchange markets have been reasonably buoyant”

ICAP Plc, the world’s largest broker of transactions between banks, said full-year profit rose 3.5 percent on increased computer-based trading of bonds, stocks, currencies and their derivatives, Bloomberg News … via Shanghai Daily

Original post by Shanghai Daily

“Although the environment for fund launches remains favorable, Eaton Vance shares are expensive … versus the group”

Money manager Eaton Vance Corp. said on Wednesday its quarterly profit fell 42 percent as it spent millions to launch a closed-end stock fund that helped boost its assets under management. via Boston.com

Original post by Boston.com

Thailand’s central bank cut its benchmark interest rate for a fourth time this year to revive spending by consumers and businesses whose confidence is near a five-year low. via Bloomberg.com

Original post by Bloomberg.com

“Our financial market is one of the fastest-growing in the world, and it will continue to grow”

Business Wednesday, May 23, 2007. Issue 3662. Page 5. Michael Eckels / MT Oleg Vyugin, Kremlin aide Arkady Dvorkovich and Vardanyan listening to Kudrin at Troika Dialog’s conference Tuesday. via The Moscow Times

Original post by The Moscow Times

“With big-boy letters, we have a situation where the public at large can be exposed to tainted claims without knowing about it”

NEW YORK: Global deal making is on a tear, accompanied by a surge of insider trading cases. via International Herald Tribune

Original post by International Herald Tribune

US stocks ended mixed today, with key indexes ending short of record highs as billionaire investor Kirk Kerkorian made a new play to expand his already substantial Las Vegas casino holdings. via The Austrailian

Original post by The Austrailian