Archives
Japan PM Shinzo Abe dissolves parliament for election
November 21st, 2014
Japan’s Prime Minister Shinzo Abe has dissolved parliament, paving the way for a snap election. Mr Abe is seeking a new mandate for economic reforms and is delaying an unpopular increase in sales tax. But opinion polls conducted by ...
Technical Analysis: Indices – Nov 21
November 21st, 2014
Technical Analysis for November 21, 2014 SPX has stayed in 2050 level and break over 2060 next will target 2100 but a lower leg to 2040 will send SPX back into the 2030-2050 trading range. A lower leg under ...
Former financial adviser jailed for two years
November 21st, 2014
A former Perth-based financial adviser today was jailed for two years for stealing almost $1.5 million worth of shares. Todd Michael King was sentenced to two years jail and was made eligible for parole. In September 2014, following a ...
Friday November 21: OSB Daily Technical Analysis – Indices
November 21st, 2014
OSB Daily Technical Analysis for November 21, 2014 The S&P 500 traded within a tight trading range on Thursday ending the day on modest gains after dipping into the 2040 area which proved to be supportive enough. Action ...
CySec announces the suspension of the authorisation of CIF ‘WGM Services Ltd’
November 20th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the authorisation of the Cyprus Investment Firm ‘WGM Services Ltd’, number 203/13, is suspended, pursuant to section 26(2) of the Investment Services and Activities and Regulated Markets ...
3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?
November 19th, 2014
Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and ...
Dubai Islamic Bank signs $230 million aircraft financing deal with Air Arabia
November 19th, 2014
Dubai Islamic Bank (DIB) and Air Arabia announced today the signing of an aircraft financing deal to facilitate the delivery of six new Airbus A320 aircrafts in 2015.The signing ceremony was held in the DIB head office in the ...
ASIC issues warning about unlicensed FX dealer YoutradeFX
November 19th, 2014
ASIC has today cautioned Australian investors against dealing with the company or group YoutradeFX for trading in margin foreign exchange (FX). ASIC advises that YoutradeFX is not regulated by ASIC, nor is it licensed to trade in margin FX ...
SEC Charges Unregistered Broker With Stealing From Investors in Fraudulent Day Trading Scheme
November 19th, 2014
The SEC alleges that Albert J. Scipione and his business partner solicited investors to establish accounts at their company called Traders Café for the purposes of day trading, which entails the rapid buying and selling of stocks throughout the ...
Tesco poised to dump auditor after accounting scandal
November 19th, 2014
Tesco could be on the verge of dumping PwC, its auditor of 31 years, over its apparent failure to identify the accounting problems that led to a black hole in its books. The Evening Standard understands that board members ...
