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Press Releases from Orix Capital Trading (5 total)

China - Index Without A Shares Would “Make No Sense”

The exact components of the MSCI Inc. index are due to be announced soon, and a Chinese official has said that if the index excludes yuan-dominated A shares it would “make no sense.” Paris, France, July 19, 2016 -- “We believe that the MSCI will eventually include A shares. It is an absolute certainty, it’s just a matter of time,” said Qi Bin, head of the China Securities Regulatory Commission international

DNB Have A More “Balanced View” After New Norway Bond Agreements

Norway’s largest bank, DNB ASA, have said their outlook is much more balanced after ‘bondholder friendly’ agreements were reached on Thursday regarding the nation’s oil service debt. Paris, France, July 19, 2016 -- After a difficult year where a drop in crude prices forced satellite oil firms to completely restructure their businesses, DNB now see the current market as a lot safer after the latest round of junk bond negotiations. Ottar Ertzeid,

Eurozone Recovery Picks up Speed According to Official Statistics

According to the official statistics, the economy of the Eurozone grew by an unexpected 0.6 percent in the first quarter of the year. Paris, France, July 12, 2016 -- Despite analysts predicting a 0.4% growth in the 19-nation bloc, the Eurozone managed to double the 0.3% rate that was recorded in the last quarter of 2015. This increase was above the expectations of the analysts. However, data from Eurostat showed that the

Greenback Surrenders Gains After Jump to Fortnightly Highs

Many who have backed the greenback in the past week have cut and run today, prompted by a mediocre performance in the markets Wednesday and a slip in the dollar’s gains versus its basket currency peers. Paris, France, June 30, 2016 -- The dollars drive, a recovery from severe lows at the start of the month, was slowed by the yen, which added 0.5 per cent and the euro which gained

Internal Politics Threatens to Destroy Venture Capital Firm

Los Angeles - Xfund, an investment firm created in 2011 as tech companies were being birthed left right and centre, started falling apart a year ago when the relationship between its two partners went stale. Paris, France, May 31, 2016 -- The two capitalists, Patrick Chung and Hugo Van Vuuren, contended over the rejection of a representative and who controlled the company. The argument putrefied, setting off a series of events

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