Archives
G20 watchdog toughens up new rule for securities financing
October 14th, 2014
Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares in a bid to curb hitherto unregulated risks in “shadow banking”. Securities financing are typically short-term money-raising transactions between banks ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
Five reasons oil prices are dropping
October 14th, 2014
As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and WTI keep dropping, the cost of finding oil continues ...
Australia 200 – Threatening to Return to 5000
October 14th, 2014
Australia 200 for Tuesday, October 14, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
New Chinese coal import tax causes disaster for Australian miners
October 14th, 2014
China’s bombshell decision to impose tariffs on coal imports could prove to be the tipping point for Australian miners already struggling to stay afloat. The move by the economic powerhouse to introduce the new duty of between 3% and ...
Moscow Exchange Signs Cooperation Agreement with Bank of China
October 13th, 2014
Moscow Exchange and Bank of China have signed a cooperation agreement aimed at expanding collaboration between the Russian and Chinese financial markets. Bank of China President Chen Siqing and Moscow Exchange CEO Alexander Afanasiev signed the agreement during an ...
CSSF imposes administrative fine on Roadchef Finance Ltd
October 13th, 2014
CSSF, Luxembourg’s financial regulator, fined RoadChef Finance Limited according to Article 25(1) of the law of 11 January 2008 on transparency requirements for issuers of securities (the “Transparency Law“). The CSSF noticed that the issuer in question failed to act ...
AMF warns of the dangers of forex market trading for individual investors
October 13th, 2014
The AMF, France’s financial markets regulator, has begun an online publicity campaign to increase public awareness of the risks of trading in the forex market, following the growing number of complaints from investors and many advertisements for investors to trade ...
Are Internal Bribery Probes Private?
October 13th, 2014
To tackle corporate bribery, the U.S. Department of Justice is increasingly relying on companies to turn over their own bad apples. But one former chief executive is trying to turn the tables, arguing that he should be able to ...
The Age of Vulnerability
October 13th, 2014
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...
