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HKEx Launches First Asian Commodities Contracts

April 23rd, 2014 (0)
Hong Kong Exchanges and Clearing Limited (HKEx) has announced that it plans to launch its commodities business with four futures contracts that will be traded in its derivatives market in Hong Kong. HKEx aims to introduce the contracts – ...

Google’s Stake in $2 Billion Apple-Samsung Trial Revealed

April 23rd, 2014 (0)
Google Inc. (GOOG)’s stake in the outcome of a $2 billion trial over smartphones using its Android operating system was revealed by testimony that the company indemnified Samsung Electronics Co. (005930) against some of Apple Inc. (AAPL)’s patent claims. ...

Puerto Rico woos rich with hefty tax breaks

April 23rd, 2014 (0)
John Paulson is expected to expand his investment in Puerto Rico to $1 billion by the end of next year, as the hedge fund titan leads a growing brigade of wealthy U.S. business owners who are taking advantage of ...

Is the U.S. Shale Boom Going Bust?

April 23rd, 2014 (0)
It’s not surprising that a survey of energy professionals attending the 2014 North American Prospect Expo overwhelmingly identified “U.S. energy independence” as the trend most likely to gain momentum this year. Like any number of politicians and pundits, these ...

What’s ahead for Apple’s new CFO, Luca Maestri

April 22nd, 2014 (0)
Apple’s new CFO will have to deal with the tech giant’s massive cash reserves, as well as building a strong finance team in the first 100 days IN JUNE, the world’s largest company by market capitalisation will be getting ...

How much is your personal data worth?

April 22nd, 2014 (0)
British ministers are looking at changes that will allow HMRC to sell taxpayers’ data to third parties. Putting aside the privacy issues, how much is personal data worth? As this paper reported last week, ministers are considering changes in ...

Comcast 1Q earns surge on upbeat NBC results

April 22nd, 2014 (0)
Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon’s elevation as host of “The Tonight Show.” The ...

Cyber Risk: Are Boards the New ‘Target’?

April 22nd, 2014 (0)
Directors and officers need to understand how to improve their insurance policy’s response to cyber risk. For any public company, a large data breach, such as the latest Target hack, could be material enough to warrant the filing of ...

Former Deutsche Bank Salesman Admits Bribery in Tokyo

April 22nd, 2014 (0)
Former Deutsche Bank AG (DBK) salesman Shigeru Echigo admitted to bribery charges in Tokyo and said he acted on instructions from his managers, as authorities push brokerages to be more judicious in entertaining clients. At the start of his ...

IASB starts ‘long journey’ to overhaul macro hedging

April 22nd, 2014 (0)
THE WAY banks account for financial risk is to fundamentally change as part on an overhaul to macro hedge accounting proposed by the IASB. Banks generally manage interest rate risk on a portfolio basis but are required to use ...
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