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Norway’s Krone Declines on OPEC as Dollar Falls on Growth Doubt
November 27th, 2014
The Norwegian krone dropped the most in a month against the dollar and was within 0.6 percent of a five-year low as oil ministers meet in Vienna to discuss output levels. The currency of Europe’s largest crude producer weakened ...
Europe feels sting in the tail of Russia sanctions
November 26th, 2014
At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international showcase had shrunk by half from a year ago. “The ...
New Chair of Financial Markets Authority
November 26th, 2014
Commerce and Consumer Affairs Minister Paul Goldsmith today announced the appointment of Murray Jack as the new chair of the Financial Markets Authority (FMA). “I am very pleased that Mr Jack has agreed to take on this crucial role,” ...
VW Drives for Gains in Southern China
November 26th, 2014
Volkswagen AG is taking market share from other foreign auto makers in relatively wealthy southern China, as a slowdown in the world’s No. 1 car market intensifies competition. Southern China—the first part of the country to get rich after Beijing ...
Bolster your digital defences
November 25th, 2014
Cyber criminals have the financial services sector firmly in their sights, but there is much that organisations and employees can do to protect themselves from the threat Cyber crime is on the rise, and the financial services sector is ...
Forex and Professional Services Lead Employment in Cyprus
November 25th, 2014
The financial crisis experienced in Cyprus following the events of March 2013 had a knock-on effect on the employment sector. More than a year on from the onset of the crisis, Cyprus’ leading recruitment agency, GRS Recruitment, has provided ...
European Bonds Gain With Stocks as Aussie, Kiwi Decline
November 25th, 2014
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 ...
OPEC’s Easy Days Setting Oil Production Are Over, Veteran Says; You Need Russia, Norway, Mexico
November 24th, 2014
The days when OPEC members could all but guarantee consensus when deciding production levels for oil are long gone, according to a veteran of almost two decades of the group’s meetings. The global glut of crude, which has contributed ...
How a $5,000 IRA Can Grow to $196 Million in Six Years: GAO
November 21st, 2014
Individual retirement accounts were created to help ordinary Americans build a nest egg for later life. But the IRA has also enabled some affluent investors to accumulate multimillion-dollar tax-sheltered accounts, often by using assets that aren’t publicly traded. Unless ...
5 ways fraudsters trick investors
November 20th, 2014
Fraudsters use sleights of hand and other trickery that even magicians would be envious of. Americans lose an estimated $50 billion a year to fraud, including Ponzi schemes, pyramid schemes and other types of investment fraud. “People fall for ...