Archives
Asia stocks halt selling as U.S. data calm investor nerves
October 17th, 2014
Asian stocks clawed back some of this week’s losses on Friday after a solid set of U.S. data calmed turbulence in global financial markets, though underlying worries about slowing world economic growth kept investors on edge. MSCI’s broadest index ...
E.U. Praise for Greece Fails to Stem Bond Sell-Off
October 17th, 2014
On Thursday, as more investors fled Greek bonds, they drove the government’s long-term borrowing costs to nearly 9 percent — up from 7 percent on Wednesday and the highest level since January. Although Greece appeared to be on the ...
U.S. Dollar Recovers Slightly on Favorable U.S. Monetary Policy View
October 17th, 2014
The U.S. dollar recovered against a basket of major currencies on Thursday on the view that Wednesday’s selloff was overdone given the relative strength of the U.S. economy and the Federal Reserve’s commitment to tightening U.S. monetary policy. A ...
India May Become World’s Largest Coal Importer
October 17th, 2014
India’s coal imports in September zoomed up by 19% to 16 million tons as compared to a year ago, no thanks to low output from the state-run Coal India Ltd (CIL), according to data by online trader mjunction. India’s ...
Wells Fargo to shut its ‘dark pool’ due to falling demand
October 17th, 2014
Wells Fargo (WFC.N) is closing down its alternative trading system, or “dark pool,” due to decreased customer demand, the company said on Thursday. The San Francisco-based bank will still offer its clients a full suite of electronic trading tools ...
FCA warning against unauthorised firms
October 16th, 2014
The Financial Conduct Authority (FCA), the British regulator, has issued a warning against “Omega Trading Limited” (www.omega-trading.co.uk), “International Mergers and Acquisitions Board of Japan” (www.imabjp.org) and “Smith and Jacobs” (www.smithandjacobs.com). The warning recommends that the public exercises extreme caution ...
MFSA: Surrender of Licence
October 16th, 2014
Santumas Shareholdings plc, recently requested the Malta Financial Services Authority (MFSA) to accept the surrender of its collective investment scheme licence. The MFSA has accepted the Company’s request. This surrender is entirely voluntary and does not arise as a ...
Olfa Trade launches enhanced Pricing Engine
October 16th, 2014
Olfa Trade has announced an improved feature on its SFX platform which allows investors enhanced Pricing Engine for investing. This improved feature of Olfa Trade’s platform SFX, allows brokers to create pricing and market depth they wish to stream ...
MetaQuotes Software obtains representative in South Africa
October 16th, 2014
MetaQuotes Software announced its further expansion with Derivative System Technologies act as its agent in South Africa. Recently, MetaQuotes Software has also introduced MetaFintech as its new representative office in the UAE. The new representative office will be responsible for the promotion of ...
Merkel urges EU to keep up reforms as crisis not over
October 16th, 2014
German Chancellor Angela Merkel told parliament on Thursday that Europe must push ahead with efforts to cut public deficits and improve competitiveness because the euro zone debt crisis has not yet been overcome and its causes have not been ...
