Archives
Stolen JPMorgan data rerouted to Russia
September 4th, 2014
Investigators working on the cyber attack at JPMorgan Chase & Co have found clues that a global network of computers available for hire was used to send the stolen data to a Russian city, Bloomberg reported, citing people familiar ...
Caution dominates Asia bourses ahead of ECB meeting
September 4th, 2014
Asian bourses retreated from multi-month highs in a mixed session as investors took a cautious stance ahead of a keenly anticipated monetary policy update from the European Central Bank. Coming off a seven-month high, Japan’s Nikkei 225 Average fell ...
CySec: Renouncement of CIF licence
September 4th, 2014
The Cyprus Securities and Exchange Commission (CySec) announced that, on 22nd August 2014, the CIF “Jiffix Markets Ltd“, which provided investment services via the domain www.jfx.com, renounced its authorization pursuant to section 24(1)(b) of the Investment Services and Activities and ...
Bank of Japan Stands Pat on Monetary Policy
September 4th, 2014
The Bank of Japan maintained its massive monetary stimulus and its upbeat view on the economy on Thursday, unfazed by recent signs the pain from an April sales tax rise may last longer than expected and make its inflation ...
Asian shares hit seven-year high on Ukraine, ECB hopes
September 4th, 2014
Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session. Global shares had rallied on ...
West TX Oil Surges Back to $96 on Data
September 4th, 2014
Crude oil prices climbed by more than $2 a barrel on both sides of the Atlantic on Wednesday, as oil markets bounced off multi month lows hit in the previous session. Prospects for peace between Ukraine and Russia, as ...
Australia 200 – Consolidates Around 5650 After New Multi Year High
September 4th, 2014
Australia 200 for Thursday, September 4, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660, ...
Poroshenko Flummoxes Investors With About-Face on Truce
September 4th, 2014
Ukraine’s leader sent financial markets into turbulence as he backtracked on talk of an end to five months of violence in his nation’s east. President Petro Poroshenko announced yesterday that he’d hammered out a deal with Vladimir Putin to ...
Standard Life investors in line for £1.75bn windfall after surprise sale
September 4th, 2014
Standard Life plans to return £1.75bn of capital to shareholders – almost a fifth of its current market value – after agreeing a surprise sale of its 180-year-old Canadian business for £2.2bn in cash. The buyer is the Canadian ...
Gold Climbs Above $1270 as Lows Encourage Buying
September 4th, 2014
Gold advanced for a second day on speculation that prices near the lowest level since June may encourage purchases as investors assessed tensions in Ukraine and the outlook for higher U.S. borrowing costs. Gold has rallied 5.9% this year ...