Friday, July 13, 2012

The Russell Emerging Markets Index Returned +4.5% Year-to-Date as of July 9th

Russell Investments

SEATTLE, WA--(Marketwire - July 12, 2012) - The Russell Emerging Markets Index has returned +4.7% year-to-date as of July 9th, as compared to a (-1.3%) return for the Russell Frontier™ Index for the same time period.

Notable countries in the Russell Emerging Markets Index for year-to-date performance as of July 9th include Egypt (+32.7%), Turkey (+28.8%) and the Philippines (+27.1%) on the upside, and Brazil (-5.1%) and Portugal (-14.1%) on the downside.

Notable countries in the Russell Frontier™ Index for year-to-date performance as of July 9th include Kenya (+30.8%), Pakistan (+22.6%) and Vietnam (+20.0%) on the upside, and Argentina (-19.6%) and Sri Lanka (-26.1%) on the downside.

"Investors have become increasingly concerned about falling growth and rising inflation in emerging markets. As a result, we have seen capital outflows and weakening currencies," said Sarah Lien, Senior Research Analyst for Russell Investments. "Policymakers have had to balance loosening monetary policy to boost growth (for example, Brazil has cut interest rates to a record low) with intervention in foreign exchange markets to support currencies. The stock market in Argentina has fallen nearly 20.0% this year, as investors removed capital after the interventionist approach of the Kirchner government. Sri Lanka's performance has tailed off as well since the Indian economy to which it is closely linked is suffering from weakening growth prospects."

Russell Emerging Markets Index Returns

Index

YTD-2012 As of July 9th

Russell Emerging Markets Index

4.5%

Country

YTD-2012 As of July 9th

Egypt

32.7%

Turkey

28.8%

Philippines

27.1%

Thailand

18.5%

Colombia

14.5%

Mexico

13.9%

United Arab Emirates

11.9%

Peru

10.0%

Chile

9.9%

India

8.8%

Poland

8.3%

Malaysia

6.9%

Taiwan

6.2%

South Africa

5.7%

China

3.3%

Korea

3.2%

Russia

0.4%

Indonesia

-0.7%

Greece

-3.7%

Israel

-4.0%

Brazil

-5.1%

Portugal

-14.1%

 

 

 

 

Russell Frontier™ Index Returns

Index

YTD-2012 As of July 9th

Russell Frontier™ Index

-1.3%

Country

YTD-2012 As of July 9th

Kenya

30.8%

Pakistan

22.6%

Vietnam

20.0%

Nigeria

16.6%

Qatar

1.7%

Oman

-0.5%

Kuwait

-3.1%

Tunisia

-3.5%

Jordan

-4.7%

Cyprus

-8.9%

Ukraine

-16.8%

Bangladesh

-18.8%

Argentina

-19.6%

Sri Lanka

-26.1%

 

 

 

 

The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the benchmark are classified according to size, region, country and sector. Daily Returns for the main components are available here:http://www.russell.com/indexes/data/daily_total_returns_global.asp

Disclaimer: http://www.russell.com/indexes/about/index_alerts.asp#disclaimer

For further information contact: 
Lauren Goble 
lauren@ryanfin.com 
+852 9703 9161

 

© 2012 Marketwire, Incorporated. All rights reserved.

Thursday, July 12, 2012

Vantage Drilling Announces Results of Its 2012 Extraordinary Meeting of Shareholders

HOUSTON, TX--(Marketwire - July 12, 2012) - Vantage Drilling Company ("Vantage" or the "Company") (NYSE MKT: VTG) (NYSE Amex: VTG) announced today the results of its 2012 Extraordinary Meeting of Shareholders, scheduled July 10, 2012.

Based on the voting results from the meeting, shareholders re-elected all incumbent directors, approved an ordinary resolution to increase the Company's share capital, approved the compensation paid to the Company's named executive officers, commonly referred to as a "Say on Pay" proposal, and also ratified the selection of UHY LLP as the Company's independent registered public accounting firm for 2012. 

Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with an owned fleet of four Baker Marine Pacific Class 375 ultra-premium jackup drilling rigs and two ultra-deepwater drillships, the Platinum Explorer and the Titanium Explorer, as well as an additional ultra-deepwater drillship, the Tungsten Explorer, now under construction. Vantage's primary business is to contract drilling units, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells. Vantage also provides construction supervision services for, and will operate and manage, drilling units owned by others. Through its fleet of seven owned and managed drilling units, Vantage is a provider of offshore contract drilling services globally to major, national and large independent oil and natural gas companies.

The information above includes forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements are subject to certain risks, uncertainties and assumptions identified above or as disclosed from time to time in the company's filings with the Securities and Exchange Commission. As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.

For further information, contact: 
Paul A. Bragg 
Chairman and Chief Executive Officer
(281) 404-4700



© 2012 Marketwire, Incorporated. All rights reserved.

Saxo Bank Named Best Retail Platform and Best FX White Label Liquidity Service at the 9th Annual e-FX Awards

 

Saxo Capital Markets

SINGAPORE--(Marketwire - July 11, 2012) -  Saxo Bank, the parent company of Saxo Capital Markets, is a double winner of this year's e-FX Awards: The online trading and investment specialist has been awarded "Best Retail Platform" and "Best FX White Label Liquidity Service" at the award ceremony in New York, hosted by FX Week and attended by senior FX practitioners. The e-FX awards are highly regarded in the industry for recognising innovation and excellence across the FX market.

Saxo Bank's trading platforms have defined the company's success in the online trading space for over a decade. However, it's the first time since 2008 that the Bank won the prestigious e-FX award for "Best Retail Platform." The SaxoTrader platforms are accessible via desktop, web, and mobile devices allowing trading from anywhere at any time on any device. The online trading platforms offer a breadth of functionalities including currencies, commodities, CFDs, Stocks, Futures, Options and other derivatives. In 2012, Saxo Bank launched a new market information and trading app for iPhone® & Android™. The new app is free to download and provides a wealth of free financial market content such as news, analysis, video blogs, commentary, research, financial calendar, quotes and charts on more than 13,000 instruments.

Saxo Bank's White Label solution is designed for other financial institutions that require a market leading on-line trading platform for their clients. It facilitates ownership and control of banks' relationships with their clients whilst maintaining full client anonymity from Saxo Bank. It also provides access to a fully branded and customised trading solution for banks to distribute their own FX liquidity to their clients. Saxo Bank's White Label solution is a multi-asset offering with more than 20,000 financial products, including FX, Stocks, CFDs and commodities. Saxo Bank also won the "Best Liquidity Distribution Service" award in 2011.

In a joint statement Kim Fournais and Lars Seier Christensen, co-founders and co-CEOs of Saxo Bank, said:

"These awards are the direct result of the commitment of our employees around the world. Without their hard work and dedication, Saxo Bank would not be where we are today. Our aim remains to be the preferred bank for our retail and white label clients, traders and active investors trading multi-product asset classes on a global level. Our goal has always been to give the best possible tools and service to all our clients, and we are proud that these awards are a clear reflection of our efforts."

Disclaimer

Saxo Capital Markets Pte. Ltd. ("Saxo Capital Markets") is licensed as a Capital Market Services provider and an Exempt Financial Advisor, and is supervised by the Monetary Authority of Singapore.

You should carefully consider whether trading in leveraged products is appropriate for you in the light of your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments such as share trading. As such, you could both gain and lose large amounts of money. You may sustain losses in excess of the monies you initially deposit and also in excess of the margin required to establish and maintain any positions in leveraged products.

For further information, please see:
http://sg.saxomarkets.com/about-us/general-disclaimer

Apple, the Apple logo, iPod, iPad, iPod touch, and iTunes are trademarks of Apple Inc., registered in the U.S. and other countries. iPhone is a trademark of Apple Inc. App Store is a service mark of Apple Inc. Android is a trademark of Google Inc. Use of this trademark is subject to Google Permissions.

Company Logo

http://release.media-outreach.com/i/357

About Saxo Capital Markets

Established since 2006, Saxo Capital Markets Pte. Ltd. is a wholly-owned subsidiary of Saxo Bank A/S, the online trading and investment specialist. It serves as the Asia Pacific headquarters and holds a Capital Markets Services licence from the Monetary Authority of Singapore and a Commodity Broker licence from The International Enterprise Singapore.

Clients can trade Forex, CFDs, Stocks, Futures, Options and other derivatives via SaxoTrader, SaxoWebTrader, SaxoMobileTrader and SaxoTrader Apps on iPhone and Android devices, the leading multi-asset online trading platforms. Widely recognised for their performance and features, these platforms have consistently won some of the industry's most prestigious awards.

Saxo Capital Markets also offers award-winning white label solutions to a broad institutional client base.

Saxo Bank, parent company of Saxo Capital Markets, holds full banking licences in Denmark, France and Switzerland and are licensed by every local regulator where there is a physical office.

For more details, please visit www.saxomarkets.com.sg

About e-FX Awards

The annual e-FX Awards hosted by FX Week recognise industry excellence in electronic foreign exchange from banks and vendors. Award nominations are open to those working in e-FX and are viewed as the unrivalled badge of excellence for the market. They showcase top class performance and innovation, they reward achievement and they raise standards.

Please visit http://www.fxweekefxawards.com/ for more information.

 

Contact Information

Contact 

Saxo Capital Markets Pte Ltd
Mychelle Chen
Tel: +65 6303 7712
Email: xmyc@saxomarkets.com.sg

Saxo Capital Markets Pte Ltd

Deepa Jegarajah
Tel: +65 6303 7719
Email: xdba@saxomarkets.com.sg



© 2012 Marketwire, Incorporated. All rights reserved.