Archives
Samsung’s profit hit bottom in third quarter ahead of slow recovery
October 2nd, 2014
Samsung Electronics Co Ltd’s (005930.KS) profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver a revamped product lineup. According to analysts, the world’s largest ...
WiLan says loses LTE patent case against Apple
October 2nd, 2014
WiLan Inc (WIN.TO), a Canadian patent licensing company, told that a U.S. judge had ruled in favor of Apple Inc (AAPL.O) in a litigation case against it. “WiLan has been advised that Judge Dana M. Sabraw has issued a ruling ...
Wednesday October 1: OSB Daily Technical Analysis- Commodities
October 2nd, 2014
OSB Daily Technical Analysis for October 1, 2014 Gold testing the $1200 area making lows at $1204 on Tuesday and finding support in this area for now. US Dollar strength weighing against the precious metal. Resistance above at $1215-20 ...
Wednesday October 1: OSB Daily Technical Analysis- Currency pairs
October 2nd, 2014
OSB Daily Technical Analysis for October 1, 2014 EUR/USD sell-off on Tuesday with a dip below 1.26 handle. Support below at 1.2550 and 1.2520 further down. Resistance in the 1.2680 area. Bearish. EUR/GBP closed below 0.78 handle on Tuesday ...
Britain’s audit watchdog revises corporate governance code
September 17th, 2014
Britain’s audit and accounting watchdog has overhauled its corporate governance code for UK companies, it said on Wednesday, to make them safer for investors by giving more information about how they are run and an assessment of any potential ...
Two Bank of England Officials in favor of Rate Rise
September 17th, 2014
Two Bank of England policymakers again voted to raise interest rates this month, leaving the central bank divided for a second successive month, but the rest of their colleagues remained firmly against tighter policy. External members Martin Weale and ...
ASIC and MAS sign a Memorandum of Understanding
September 17th, 2014
The Australian regulator, ASIC, and the Monetary Authority of Singapore (MAS) have sign a Memorandum of Understanding (MOU) to allow trade repositories licensed in one jurisdiction to provide relevant data to the authority in the other jurisdiction. Through this ...
Financial Markets Awaiting Any Fed Signal On Rates
September 17th, 2014
Financial markets are awaiting the end of a Federal Reserve meeting Wednesday to see whether the Fed sends any clearer signal about the timing of an interest rate increase. The phrase that investors will be alert for is “considerable ...
China Central Bank to Inject $81 Billion Into Top Lenders
September 17th, 2014
China became on Wednesday the latest country to embrace economic stimulus measures, as its central bank reportedly agreed to lend 100 billion renminbi apiece, or $16.2 billion, to each of the country’s five main banks. The decision to inject ...
European Parliament ratifies EU-Ukraine Association Agreement
September 17th, 2014
The European Parliament gave its consent to the EU-Ukraine Association agreement, which includes a Deep and Comprehensive Free Trade Agreement (DCFTA), on Tuesday in Strasbourg. “This is an historic moment”, said EP President Martin Schulz in his address to ...
