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Calypso partners with R3 to build distributed ledger applications for financial services

November 29th, 2016 (0)
Calypso Technology has become the first firm to partner with R3 to develop capital markets applications on its Corda distributed ledger-based smart contract platform. The two firms are currently developing a multi-party trade confirmation solution and testing it with ...

Oil Retreats Below $47 Before OPEC Meeting as Metals Snap Rally

November 29th, 2016 (0)
Copper suffers in first loss for seven days; zinc, nickel down European stocks open lower with Italy focus; Asia shares mixed Oil retreated back below $47 as OPEC members failed to bridge their differences on production cuts, while a ...

Australian Financial Services licence suspended for failing to lodge financial statements

November 29th, 2016 (0)
ASIC has suspended the Australian Financial Services (AFS) licence of Sydney-based Group Underwriters & Managers Pty Ltd (GUM) for three months for failing to lodge financial statements, auditor reports and auditor opinions for a period of three years. This ...

Grant Thornton faces probe in Sports Direct deal

November 28th, 2016 (0)
Grant Thornton faces probe for signing off arrangement between retailer and firm owned by founder Mike Ashley’s brother The financial reporting watchdog will investigate accountancy firm Grant Thornton for signing off on an arrangement between Sports Direct, majority-owned by ...

Italian bank faces legal claims for a total of more than 8 billion euros

November 28th, 2016 (0)
Ailing Italian bank Monte dei Paschi di Siena said on Monday it is facing potential legal claims for a total of more than 8 billion euros ($8.5 billion) in a series of civil lawsuits. In a prospectus for a ...

Oil prices fall over doubts of planned crude output cut

November 28th, 2016 (0)
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday aimed at reining in global oversupply. Brent crude futures LCOc1 ...

Dollar Extends Retreat as Metals Advance With Asian Equities

November 28th, 2016 (0)
Oil in New York holds losses near $46 before OPEC meeting Lead, zinc surge; emerging currencies, gold also advance The dollar fell the most since September versus major peers as traders focused on events this week that could derail ...

Dollar Set for Weekly Surge as Fed Outlook Weighs on Bonds, Gold

November 25th, 2016 (0)
100% odds of a December Fed move keep dollar at 10-year high 40-year JGB yields drop after auction, flattening curve The prospect of a higher interest-rate environment in the U.S. continues to course through markets, sending the dollar toward ...

T-Mobile’s accounting slammed by investor group in letter to SEC

November 24th, 2016 (0)
MarketWatch is not alone in criticizing wireless operator T-Mobile US. Inc. for its accounting. An investor group sent a formal letter of complaint to the Securities and Exchange Commission on Wednesday, asking the regulator to conduct a probe of ...

Oil prices climb on expectation of OPEC-led output cut

November 21st, 2016 (0)
Oil prices rose by more than 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein in oversupply that has put pressure on prices for over two years. International Brent crude oil futures ...
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