The upcoming MiFID II/MiFIR review will be less a “tidying up” than a wholesale reform that attempts to address a diverse range of priority areas, according to the European Commission.

March 11 Reuters British shares rose on Thursday, as higher commodity prices boosted mining and energy stocks after the United States moved to pass a massive stimulus bill, while online trading platform IG jumped on a surge in thirdquarter revenue. The bluechip FTSE 100 index rose 0.4, with mining stocks, including Rio Tinto, Anglo American […]

SEOUL, March 11 Reuters Roundup of South Korean financial markets South Korean shares snapped a fivesession losing streak posted on Thursday, posting their biggest singleday jump in two weeks, as subdued U.S. consumer price data calmed inflation worries. The won strengthened, while the benchmark bond yield fell. The KOSPI closed up 55.58 points, or 1.88, […]

TOKYO, March 11 Reuters Japanese government bond yields fell on Thursday after an auction of 20year notes received solid demand, despite uncertainty about the outcome of the Bank of Japans policy review next week. Japans finance ministry received bids worth 3.4 times the amount of bonds sold, which was higher than the bidcover ratio of […]

SHANGHAI, March 11 Reuters Mainland China stocks jumped on Thursday as betterthanexpected February bank lending data lifted market sentiment and relieved some policy tightening worries, while Hong Kong shares gained following an overnight rally on Wall Street. Official data showed that new bank lending in China fell less than expected in February from January as […]

TOKYO, March 11 Reuters Japanese shares inched higher on Thursday as investors picked up beatendown cyclical stocks while cutting their positions in some index heavyweights. The Nikkei index was up 0.49 at 29,179.43 by 0208 GMT, while the broader Topix edged up 0.27 to 1,924.83. Growthrelated shares have helped the market, but a selloff in […]

SYDNEY, March 11 Reuters The Australian and New Zealand dollars clung to gains on Thursday after a tame reading on U.S. inflation provided a reprieve to risk appetite, while data on local housing markets stunned with its strength. The Aussie was holding at 0.7725, having survived multiple tests of support around 0.762025 this week. Resistance […]

Regulators kicked off the final countdown for the London interbank offered rate Friday, ordering banks to be ready for the end of a much maligned benchmark that’s been at the heart of the international financial system for decades.

Theme exchange-traded funds are now bigger than any of the GICS sectors by ETF assets.

President Joe Biden’s infrastructure plans could move forward this year, an initiative benefiting private equity and banks, though the primary issue is funding.