When the carnival is over: Australia’s surprising G20 legacy
October 6th, 2014
The genesis of the G20 is a tale of two crises. The first — the Asian financial crisis — led to the creation of the G20 as a meeting of finance ministers and central bank governors from 19 of ...
Overview: Greek Budget, Europe’s Nominees and I.M.F. and World Bank Meetings
October 6th, 2014
Greece will unveil its 2015 draft budget, hearings for vice-presidential nominees for the European Commission will be held, and the World Bank and I.M.F. open annual meetings in Washington. Greece is set to unveil its draft budget for 2015 ...
French court to begin Airbus insider trading trial
October 3rd, 2014
A long-awaited French corporate trial involving allegations of insider trading in the shares of Airbus Group gets under way on Friday, marking the climax of an eight-year investigation. Seven current and former managers at Europe’s largest aerospace group, and ...
FXCM Receives Consensus Recommendation of “Buy” from Brokerages
October 3rd, 2014
Shares of FXCM (NASDAQ:FXCM) have received a consensus recommendation of “Buy” from the eight analysts that are currently covering the company, American Banking & Market News reports. Six equities research analysts have rated the stock with a buy recommendation, ...
Contributing Authors
October 2nd, 2014
Dr Alan Waring Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous conference and ...
Pimco Returns Fund investors hits record $23.5 billion
October 2nd, 2014
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross’s surprise resignation from the firm. The Pimco ...
Samsung’s profit hit bottom in third quarter ahead of slow recovery
October 2nd, 2014
Samsung Electronics Co Ltd’s (005930.KS) profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver a revamped product lineup. According to analysts, the world’s largest ...
Lenovo says $2.1 billion IBM x86 server deal
September 29th, 2014
Lenovo Group Ltd will close its acquisition of International Business Machines (IBM) Corp’s x86 server division on Oct 1 for $2.1 billion, giving China’s biggest personal computer maker a major asset as it expands its offerings for business clients. ...
Chinese firms may struggle to surface in Europe
September 26th, 2014
With Frankfurt likely out of bounds for Chinese company flotations after a series of corporate problems, their advisers would be forgiven for seeking alternative capital-raising venues around Europe. They will probably find it tough going. Last week’s announcement by ...
China Watchdog Finds $10 Billion in Fake Currency Trade
September 25th, 2014
China uncovered almost $10 billion in fraudulent currency trade nationwide as part of an investigation begun in April last year, including many irregularities in the port of Qingdao, the country’s currency regulator said today. Companies “faked, forged and illegally ...
