Archives
European Stocks Little Changed Before U.K. Output Report
June 10th, 2014
European stocks were little changed, after yesterday rising to their highest level in more than six years, as investors awaited a report on U.K. industrial production. U.S. index futures slipped, while Asian shares rose. Bank of Ireland Plc dropped ...
Currency Carry Trades Rise in ECB’s Negative-Rate World
June 10th, 2014
Mario Draghi is becoming one of currency traders’ only friends. With the $5.3 trillion-a-day foreign-exchange market poised to deliver its worst first-half returns on record, the carry trade is about the only way traders are making money by exploiting ...
Essex accountant admitted VAT fraud
June 10th, 2014
An Essex accountant who sent in fake VAT returns for five years to evade nearly £100,000 and to live a lifestyle beyond his means has been ordered to pay a £47,000 confiscation order. Martin Kennedy, of High Street, Walton-on-the-Naze, ...
FCA warning against clone firms
June 6th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that: GFI Securities Limited Stewart International Inc / Stewart International Ltd Stewart Title Limited” Sachs Manfred Sachs Manfred are clone firms, thus, are ...
Danmarks Nationalbank’s interest rates unchanged
June 6th, 2014
Denmark’s Nationalbank has issued a press release informing the investors on the interest rates following the announcement from the ECB on this issue. As a result, the lending rate, the interest rate on certificates of deposit, the current account ...
CySec on ESMA’s regulation
June 6th, 2014
The Cyprus Securities and Exchange Commission (CySec) draws the attention of the supervised entities, the stakeholders and the investing public to the announcement of the European Securities Markets Authority (ESMA). This announcement refers to the publication of the following ...
GM Sales Are Strong Despite $1.7 Billion Recall Scandal
June 6th, 2014
Despite a damaging investigation that linked a defect in some of General Motors’ cars to 13 deaths, GM (NYSE: GM) auto sales have remained steady. Last month, the company reported its strongest monthly sales since 2008, according to numbers ...
Gold, silver rise on global cues
June 6th, 2014
Gold prices rose by Rs 70 to Rs 27,250 per ten gram in the national capital today on increased buying by stockists, taking positive cues from the global markets. Silver prices also spurted by Rs 500 to Rs 41,000 ...
Facebook Approves Dogecoin Tipping App
June 6th, 2014
Facebook has approved a cryptocurrency tipping app for the first time, and it’s surprisingly not Bitcoin’s. On June 5, 2014, Alejandro Caballero, developer of The Doge Tipping App posted an excited announcement on Reddit’s Dogecoin section. Facebook approves The ...
EU to Decide Next Week on Irish, Dutch Tax-Breaks Probe
June 6th, 2014
The European Union may open a formal probe as soon as next week into tax breaks that Ireland and the Netherlands use to attract international companies, according to people familiar with the case. The European Commission is scheduled to ...
