Search Results for: EU
FSMA to ban certain financial products’ marketing
May 22nd, 2014
The Financial Services and Markets Authority (FSMA), the Belgian regulatory authority, published an announcement as follows: The marketing of certain financial products to retail clients in Belgium will be banned starting on 1 July 2014. The Regulation to this ...
Wall Street Finds New Subprime With Brokers Pitching 125% Loans
May 22nd, 2014
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit. From an office near ...
Vietnam Offers Help To Companies After Deadly Anti-China Riots
May 22nd, 2014
Vietnam will compensate businesses hit by anti-China riots, which exploded across the country last week over a territorial dispute in the South China Sea. Factories were torched and at least four workers were killed, according to the Metallurgical Corporation ...
How Google overtook Apple to become the world’s most valuable brand
May 22nd, 2014
Google has surpassed Apple as the world’s most valuable brand, according to MillwardBrown’s 2014 BrandZ ranking. Apple, which had been #1 in the prior three years, fell 20% in brand value to an estimated $147.9 billion amid a “growing perception that ...
In the Russia-China Gas Deal, Did Putin Win?
May 22nd, 2014
So in striking a big new deal to supply natural gas to China, has Vladimir Putin outmaneuvered the U.S. and its European friends yet again? Much as Russia’s president would like you to think so, not really. Putin called ...
Asian stocks rise as China manufacturing improves
May 22nd, 2014
Japan’s Nikkei led gains in Asian stock markets Thursday after a manufacturing survey suggested the slowdown in China’s economy is flattening out and Fed minutes reinforced expectations the U.S. central bank won’t rush to raise interest rates. HSBC’s manufacturing ...
Logitech says audit committee investigating accounting matters
May 22nd, 2014
Logitech International SA said its audit committee is conducting an investigation into some of its accounting matters related to its earlier-stated results and the company may revise its fiscal year 2014 results. The Switzerland-based computer accessories maker said the ...
USD/JPY Daily Outlook
May 22nd, 2014
USD/JPY recovered after dipping to 100.82 and intraday bias is turned neutral first. As long as 102.36 resistance holds, deeper decline is still expected. Break of 100.75 key support will confirm resumption of whole decline from 105.41 and should ...
BNP Case Shows French Companies Learn U.S. Law Hard Way
May 22nd, 2014
Some French companies have been slow to learn that doing business in the U.S. means obeying its laws. U.S. authorities are seeking a record fine against BNP Paribas SA (BNP) that would make it the first French bank since ...
GBP/JPY Daily Outlook
May 22nd, 2014
GBP/JPY rebounded strongly ahead of 169.50 support and intraday bias is turned neutral first. Overall outlook is unchanged. price actions from 174.84 are viewed as a consolidation pattern. In case of another rise, strong resistance should be seen form ...
