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Dollar Gains as Retail Sales Rise Most in 8 Months; Yen Declines

December 11th, 2014 (0)
The dollar rose for the first time in four days as a report showed retail sales climbed the most in eight months in November, indicating a strengthening U.S. economic recovery amid sluggish global growth. The greenback gained versus most ...

Yen Heads for Biggest 3-Day Gain in a Year as Volatility Rises

December 10th, 2014 (0)
The yen strengthened, heading for its biggest three-day gain versus the dollar in more than a year, as a decline in shares around the world and slowing growth in China boosted demand for haven assets. Japan’s currency advanced against ...

Corruption Perceptions Index 2014: RESULTS

December 4th, 2014 (0)
Poorly equipped schools, counterfeit medicine and elections decided by money are just some of the consequences of public sector corruption. Bribes and backroom deals don’t just steal resources from the most vulnerable – they undermine justice and economic development, ...

Investor puts Italy’s losses from Russia-EU sanctions at over €20 billion

November 27th, 2014 (0)
The mutual sanctions between Russia and the European Union this year will cost Italy around €20-22 billion, which is higher than official estimates, an Italian investor said on Thursday. “We speak of around €20-22 billion in net loss this ...

FOREX – Euro dips as Spanish consumer prices fall more than expected

November 27th, 2014 (0)
The euro fell against the dollar on Thursday after data showed Spanish consumer prices falling more than expected, firming up expectations that the European Central Bank will have to resort to more aggressive easing of monetary policy. The euro ...

Germany to introduce legal quotas for women on company boards

November 26th, 2014 (0)
Chancellor Angela Merkel’s coalition parties agreed on Tuesday to a draft law that would force Germany’s leading listed companies to allocate 30 percent of the seats on non-executive boards to women from 2016 onward. Although Europe’s biggest economy has a female ...

European Bonds Gain With Stocks as Aussie, Kiwi Decline

November 25th, 2014 (0)
Bonds rose and European stocks gained for a third day on prospects for more stimulus as inflation slows. Brent crude traded near a four-year low before a meeting of oil exporters and currencies from commodity-producing nations weakened. Spain’s 10-year ...

Yen Strengthens on Kuroda Comments as Energy Stocks Slip

November 25th, 2014 (0)
Japan’s yen climbed after a speech by central bank Governor Haruhiko Kuroda, and the cost of insuring Japanese debt against default fell the most in two weeks. Asian energy producers retreated as oil held declines before a meeting of ...

Antitrust Goes International

October 30th, 2014 (0)
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...

The Age of Vulnerability

October 13th, 2014 (0)
Two new studies show, once again, the magnitude of the inequality problem plaguing the United States. The first, the US Census Bureau’s annual income and poverty report, shows that, despite the economy’s supposed recovery from the Great Recession, ordinary ...
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