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Asia currencies jump after weak US jobs report dents Fed interest rate hike hopes

June 7th, 2016 (0)
Asia currencies got a bump up Monday after the dollar took a hit from a weaker-than-expected U.S. jobs report, but it isn’t clear if the move is sustainable. U.S. nonfarm payrolls rose by only 38,000 in May, a far ...

SEC released: Nukkleus Inc. acquired 9.9% of IBIH Limited and 100% of Iron Australia

June 6th, 2016 (0)
The Securities and Exchange Commision (SEC) USA has issued today a press release in relation to the announcement of Nukkleus Inc. for the acquistion from IBIH 2,200 shares of capital stock of IBIH, representing 9.9% of the issued and ...

Pound Tumbles, Volatility Jumps After Polls Show Brexit Momentum

June 6th, 2016 (0)
ITV poll shows Brexit ahead 45% to 41%; TNS has 43% to 41% One-month volatility at seven-year high before June 23 vote The pound slumped to a three-week low after polls showed more Britons favor exiting the European Union, reviving ...

Gold – a reasonable correction?

June 3rd, 2016 (0)
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which ...

Fed likely to avoid rate hike before Britain votes on leaving EU

June 3rd, 2016 (0)
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...

The Tiny Malaysian Island That Wants to Be a Tax Haven

June 3rd, 2016 (0)
In the secretive world of offshore tax havens, the tiny Malaysian island of Labuan is doing something curious: seeking the spotlight. Top executives of the Labuan International Business and Financial Centre have been on a tour of major cities ...

Monex Group released business metrics for May 2016

June 3rd, 2016 (0)
Monex Group Inc. announcement May 2016 business metrics: Monthly Disclosure Monex Group, Inc. today reported the following monthly business metrics of its subsidiaries in May 2016. (Notes) 1. DARTs stand for Daily Average Revenue Trades meaning the number of ...

U.K. Stocks Show Calm Before Brexit Storm as Pound Traders Fret

June 3rd, 2016 (0)
FTSE 100 volatility index at lowest vs currency counterpart U.K. shares’ dividend yield greater than global equity index Less than three weeks before Britain votes on its membership in the European Union, the country’s equity investors are much less ...

The Top Companies in the Arab World 2016

June 2nd, 2016 (0)
Last year was not an easy one for Arab companies. Political instability and plunging oil prices affected financial performance. Total market value for the 100 Top Companies in the Arab World dropped 15.5% to $689 billion between April 1, ...

The European Central Bank keeps key interest rates at historic lows

June 2nd, 2016 (0)
The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of its usual ...
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