Search Results for: IG Group
DIFC Event Discusses Sukuk Oversight
April 23rd, 2014
International standard setter the International Islamic Financial Market (IIFM) recently organized an industry consultative meeting on the standardization of Shari’ah-compliant financial certificates, known as Sukuk. The meeting was hosted by the Dubai International Financial Centre (DIFC). The objective of ...
Dollar Gains 7th Day as Economic Data Signal Growth
April 22nd, 2014
The dollar gained for a seventh day against a basket of peers, the longest streak in almost a year, as revised data in a Federal Reserve Bank of Chicago index signaled greater-than-forecast strength in the U.S. economy. The yen ...
High-Frequency Fight Starts in Foreign Exchange
April 17th, 2014
Foreign-exchange dealers say they have the solution to the high-frequency trades eroding banks’ profits across financial markets. A currency-dealing platform known as ParFX, established in 2011 by firms from Deutsche Bank AG to Citigroup Inc., was approached last month ...
Extra Rights Should Mean Extra Responsibilities
April 15th, 2014
Ordinary people have suffered huge disruption to their lives through a loss of jobs & opportunity because of the colossal mistakes of self-declared ‘Masters of the Universe’ chasing ever-bigger financial rewards within the banking industry. To add insult to ...
Kim Dotcom’s Megaupload Sued By US Record Labels, Following Movie Studios’ Lawsuit, For Copyright Infringement
April 11th, 2014
Four major U.S. record labels have filed a copyright infringement lawsuit Thursday against file-sharing website Megaupload and its founder, Kim Dotcom, three days after the company was sued by Hollywood’s major movie studios and the Motion Picture Association of ...
Financial Conduct Authority to investigate how firms deal with risk benchmark manipulation
March 31st, 2014
The Financial Conduct Authority (FCA) has announced plans to look into how firms can reduce the risk of traders manipulating key benchmarks as a central part of its Business Plan for 2014/15, which was published today. The forward-looking thematic ...
Lobbyists and lawmakers, one big family
March 31st, 2014
The American people do not like Congress — and they don’t like Congress at historic levels. Gallup polling showed that only 12% of the American people approved of Congress in February. And it’s easy to see why. Americans think ...
Flight 370: When facts are few, imaginations run wild
March 24th, 2014
Malaysia Airlines Flight 370, a Boeing 777 on the way from Kuala Lumpur to Beijing, simply vanished from the sky on March 8. In the two weeks since, the mystery of what happened to its 227 passengers and 12 ...
Putin Clears Crimea Annexation as Ukraine Signs EU Pact
March 21st, 2014
Russia completed the process of annexing Crimea and the European Union signed a political pact with Ukraine, escalating the worst standoff between Russia and the West since the Cold War. Russian President Vladimir Putin signed legislation approved by lawmakers ...
Asian Stocks Rebound From Biggest Decline in Seven Months
March 21st, 2014
Asian stocks rose, with a regional index of shares outside Japan rebounding from the biggest loss yesterday since August. Li & Fung Ltd. surged 18 percent in Hong Kong after the world’s largest supplier of clothes and toys to ...
