|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||39.71 - 40.14|
|52 Week Range||38.22 - 48.61|
|PE Ratio (TTM)||20.62|
|Forward Dividend & Yield||1.38 (3.50%)|
|1y Target Est||N/A|
One in five financial firms, ranging from hedge funds to the biggest banks, are considering trading digital currency in the next three to 12 months, according to a new Thomson Reuters survey published this week. The news is a sign of improving sentiment and should be "very positive" for bitcoin prices, Brian Kelly, founder and CEO of BKCM, says. This could be the year cryptocurrency trading gains momentum within financial firms, including hedge funds and trading desks at Wall Street's biggest banks, according to a new survey.
One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by Thomson Reuters on Tuesday found. Among those respondents who said they were willing to trade cryptocurrencies like bitcoin, the best known of the digital coins, 70 percent said they were planning to start trading in the next three to six months, the survey showed. The survey covered more than 400 clients across Thomson Reuters Corp (TRI.O) (TRI.N) platforms including large asset managers, hedge funds and trading desks at the biggest banks.
The burgeoning world of crypto trading mainly exists on the margins of the established financial industry, but that could be changing: Around one in five institutional financial firms have plans to start buying and selling digital tokens within the next 12 months, according to a survey by Thomson Reuters. Many of the firms that are…
C hinese tech firms pledged on Monday to tackle gender bias in recruitment after a rights group said they routinely favoured male candidates, luring applicants with the promise of working with "beautiful girls" in job adverts. A Human Rights Watch (HRW) report found that major technology companies including Alibaba, Baidu and Tencent had widely used "gender discriminatory job advertisements", which said men were preferred or specifically barred women applicants.
Thomson Reuters Corporation (TSX:TRI) is trading with a trailing P/E of 20.6x, which is higher than the industry average of 13x. Although some investors may jump to the conclusion thatRead More...
Takeda Pharmaceutical has made a bid for Shire that values the London-listed drugmaker at around $61 billion, two sources with direct knowledge of the matter told Reuters. The moves comes ahead of an April 25 deadline for Takeda to make a firm offer or walk away from the FTSE 100 company. Shares in Shire were up 6.3 percent at 39.90 pounds at 1113 GMT in London.
The UK manufacturing sector’s record breaking expansion came to an end in February as the sector contracted for the first time in 11 months. Output from the industry contracted by 0.2 per cent compared ...
Male employees at Walt Disney’s (DIS) British unit earned more on average than their female counterparts in 2017, according to the company’s gender pay gap report sent to the Government Equalities Office in the UK. The report shows that across the entire workforce—which totals almost 3,000 workers—Disney’s male employees earned 22.0% more on average than its female employees.
On March 27, 2018, AkzoNobel announced it would be selling its specialty chemicals business to GIC and The Carlyle Group (CG) for $12.5 billion. The private equity companies are sitting on a substantial amount of cash, raising concerns among market participants and fund investors. From the past few years, these companies have seen substantial fundraising, creating a need for such huge investments. Carlyle raised $43.3 billion in 2017, while Apollo Global Management (APO) saw total inflows of $56.5 billion.
W hen the rains failed in 2015 and drought gripped southern Mindanao in the Philippines, Corazon Vegafria knew what she had to do: move to the city of Koronadal, about an hour away by bus, and find work as a domestic helper to support her family. In the past two decades, the Philippines has emerged as one of the world's leading source countries for migrant workers, particularly as more powerful typhoons and other harsh weather make life at home harder.
Thomson Reuters, one of the world's biggest news and information companies, on Tuesday reported a mean gender pay gap for its British entities of 16.95 percent and a mean bonus gap of 50.52 percent. UK employers with more than 250 staff have to report their gender pay gap by April 4 to the Government Equalities Office, almost 50 years on from the passage of Britain's equal pay act. "We will continue to champion gender equality and look forward to continuing to measure progress," he said in a report.
Thomson Reuters (TRI.N) (TRI.TO), one of the world's biggest news and information companies, on Tuesday reported a mean gender pay gap for its British entities of 16.95 percent and a mean bonus gap of 50.52 percent. UK employers with more than 250 staff have to report their gender pay gap by April 4 to the Government Equalities Office, almost 50 years on from the passage of Britain's equal pay act. "We will continue to champion gender equality and look forward to continuing to measure progress," he said in a report.
When Hong Kong property tycoon Cecil Chao offered $65 million to any man who could win over his lesbian daughter and make her straight, he inadvertently laid the ground for her to become one of Asia's most prominent gay rights campaigners. The bizarre reward in 2012 grabbed international headlines and his daughter, Gigi Chao, was bombarded with thousands of marriage proposals from across the world – from war veterans to a body double of George Clooney in a sports movie.
Pricing capital market stocks such as TRI is particularly challenging. Given that these companies adhere to a different set of rules relative to other companies, their cash flows should alsoRead More...
U pgrading Asia-Pacific's biggest ports to cope with the effects of climate change will cost up to $49 billion, but the bill could be even higher if no action is taken, researchers said. Sustainability consultancy Asia Research and Engagement (ARE) analysed the risks to 53 of the region's largest ports and estimated costs for them to adapt to rising sea levels and storm surges. Benjamin McCarron, managing director at ARE, predicted "increasing damage to ports" from storms and related stoppages in operations if measures are not taken to prepare for global warming impacts, including more extreme weather.
Blackstone Group LP and Thomson Reuters Corp. are considering an initial public offering or a sale of their stake in the bond-trading platform Tradeweb Markets LLC, whose users and co-investors include ...
The number of M&A deals largely fell by 28%. Overall Singapore merger and acquisition (M&A) activity dropped 24.8% to US$8b so far this year as the number of announced deals slowed down by 28%, Thomson ...
Bond offerings crashed by 21.5% to US$6.7b as local firms also tapped into offshore bond markets. Primary bond offerings from Singapore-based issuers crashed by 21.5% to US$6.7b so far in 2018, as local ...
IPO proceeds soared 479.8% to US$344.4m and bolstered ECM activity. Singapore-based companies raised US$816.9b from equity capital markets (ECM) YTD, marking a 32.7% increase YoY and the strongest start ...
Singapore remains the world's most expensive city for the fifth consecutive year, with Paris, Zurich and Hong Kong following closely behind, according to the Worldwide Cost of Living Survey published on Thursday. Low inflation meant Tokyo - the most expensive city until 2013 - dropped out of the top 10 in the Economist Intelligence Unit's bi-annual study of 133 cities. Meanwhile, euro strength and a weaker pound saw the Irish capital Dublin overtake London, which is now ranked 30th, the report's author, Roxana Slavcheva, told the Thomson Reuters Foundation.