Search Results for: EU
Regulators fine global banks $3.4 billion in forex probe
November 12th, 2014
Global regulators imposed penalties totaling $3.4 billion on five major banks, including UBS (UBSN.VX), HSBC (HSBA.L) and Citigroup (C.N) on Wednesday for failing to stop their traders from trying to manipulate foreign exchange markets. Royal Bank of Scotland (RBS.L) and JP ...
Apple must face U.S. lawsuit over vanishing iPhone text messages
November 12th, 2014
Apple Inc (AAPL.O) was ordered to face a U.S. federal lawsuit claiming it failed to tell consumers that its messaging system would block them from receiving text messages if they switched to Android-based smartphones from iPhones. U.S. District Judge Lucy Koh ...
Wednesday November 12: OSB Daily Technical Analysis – Indices
November 12th, 2014
OSB Daily Technical Analysis for November 12, 2014 S&P 500 The S&P 500 edged slightly higher with very little intraday action. Market appears to be taking a break from the recent strong up move. Some pull back and consolidation ...
Wednesday November 12: OSB Daily Technical Analysis – Currency pairs
November 12th, 2014
OSB Daily Technical Analysis for November 12, 2014 EUR/USD edged higher on the day hitting resistance at the 1.25 handle. Pair looking to bounce above this key resistance level. A close above extends to the 1.2540-70 area. Consolidation and ...
Dow, S&P 500 set record highs in light volume
November 12th, 2014
The Dow and S&P 500 eked out a fifth session of record closing highs on Tuesday, barely extending the market’s recent rally in light volume as consumer discretionary shares gained. The S&P 500’s top percentage gainer was Zoetis, which jumped 8.9 ...
Japanese stocks soar to seven-year peak on tax-hike delay talk
November 12th, 2014
Japanese stocks scaled seven-year highs on Wednesday, putting the rest of Asia in the shade, buoyed by expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike to avoid damaging a fragile economic recovery. MSCI’s broadest index ...
Further economic sanctions on Russia not planned, Merkel says
November 11th, 2014
Germany’s Angela Merkel said on Tuesday there were no plans at present for further economic sanctions on Russia over Ukraine but she was unhappy that a ceasefire agreement was being broken and that pro-Russian rebels had gone ahead with ...
Suit Accuses Banks of Role in Financing Terror Attacks
November 11th, 2014
The suit accuses banks — including HSBC and Barclays — of helping to finance the violent activities through their ties to Iran, painting Wall Street as a sort of middleman of terror. Those acts of terrorism occurred a world away ...
Moscow Exchange chooses DataSpace as primary data center services provider
November 11th, 2014
Moscow Exchange, Russia”s leading exchange platform for equities, bonds, derivatives, currencies, money market instruments and commodities, announced that it has chosen Moscow-based DataSpace as its primary data center facility and services provider. Following an initial stage in 2015—during which ...
Tuesday November 11: OSB Daily Technical Analysis – Indices
November 11th, 2014
OSB Daily Technical Analysis for November 11, 2014 S&P 500 The S&P 500 rallied to an all-time high on Monday and making new highs in three of the last five sessions. This action suggests the index has only higher ...
