Asian markets sprang higher on Tuesday as Japanese stocks rebounded and Chinese money rates eased, while the U.S. dollar got a fillip from a report the Federal Reserve would again trim its bond buying next week. A drop in the yen helped Tokyo’s Nikkei .N225 rally 1.5 percent and dragged […]
Author: InvestAdvocate
JPMorgan drops another China IPO amid ‘princeling’ probe: sources
It is the second time the U.S. bank has stepped aside from a Chinese IPO candidate while U.S. securities regulators look into whether JPMorgan violated federal laws in hiring the relatives of current or potential clients with the sole purpose of winning business from them. JPMorgan has ended its IPO […]
Evans Medical Posts N401.1 million loss
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Evans Medical Plc Monday posted a loss of N401.1 million in its third quarter (Q3) report for the period ended September 30, 2013. The statement of comprehensive income of the company released to the Nigerian Stock Exchange (NSE) shows that its loss after tax increased […]
