Capital Market

Restructuring: UNIONDICON Earmarks $100 Million for Diversification-Cordros

By InvestAdvocate Lagos (INVESTADVOCATE)- Salt producer and food products firm, Union Dicon Salt Plc (UNIONDICON) said its seeking to restructure and has earmarked $100 million for diversification, according to Cordros capital company update. Cordros reported that the plan, according to its management is to transform the company from an integrated […]

IOSCO Updates Information Repository for Central Clearing Requirements for OTC Derivatives

April 1, 2016/IOSCO The International Organisation of Securities Commissions (IOSCO) today released an update of its information repository for central clearing requirements for OTC derivatives, which provides regulators and market participants with consolidated information on the clearing requirements of different jurisdictions. By providing this information, IOSCO seeks to assist authorities […]

Asia shares dragged lower by Japan, dollar still groggy

Fri Apr 1, 2016/Reuters By Wayne Cole A rout in Japanese shares led Asian markets lower on Friday as a gloomy suite of surveys on Japanese manufacturing sparked heavy fund selling and overshadowed upbeat news from China’s vast factory sector. A renewed slip in oil prices added to the cautious […]