Search Results for: EBS
Rattled investors seek shining path to gold
August 5th, 2016
Gold prices have surged nearly 30 percent this year, proving the commodity to be a commonly favored safe-haven for investors in the face of increased market volatility and uncertainty. On Wednesday, gold reached its highest level in 33 months ...
ASIC warns investors about Titantrade.com
August 4th, 2016
ASIC is warning the public not to click on any advertising being marketed under the brand ‘Titantrade’, a website by which trading in binary options is being offered. A binary option is a financial product, in particular a derivative, ...
Turkish goverment shut down the largest law firm in Turkey
August 3rd, 2016
On Friday, The Turkish newspaper Hurriyet reported that YukselKarkin — the largest law firm in Turkey, which was, until December 2014, associated with DLA Piper in the country — had been raided by “armed police,” with four of the firm’s partners ...
Europe eyes lackluster open; bank earnings in focus
August 3rd, 2016
European stocks traded slightly lower on Wednesday but banking stocks, thanks to results from HSBC and Societe Generale, rallied as investors digest some more earnings and a fall in the oil price. The pan-European STOXX 600 was down 0.28 percent. Banks in ...
AMF bans Rodeler Limited (24option) from providing financial services in France
August 3rd, 2016
The Autorité des Marchés Financiers (AMF) has issued an announcement to inform that: The service provider Rodeler Limited (regulated by the Cypriot financial regulatory agency) offers access to binary options, particularly Forex, through the website “http://www.24option.com/fr” and does not ...
First Data reports second Quarter 2016 financial results
August 2nd, 2016
First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the second quarter ended June 30, 2016. Consolidated revenue for the second quarter was $2.9 billion, up 2% versus the prior year ...
China regulator shutters 10,000 funds
August 2nd, 2016
China’s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country’s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments. The move ...
Oil Retreat Sinks Asian Stocks; Aussie Declines After RBA Cut
August 2nd, 2016
Crude oil hovers at $40 a barrel after entering bear market Japanese government to give details of fiscal stimulus Tuesday European stocks declined for a second day and dollar weakened as oil traded near $40 a barrel. Japanese 10-year ...
HKEX announced No Trading today in Securities and Derivatives Markets
August 2nd, 2016
Hong Kong Exchanges and Clearing Limited (HKEX) announced that today’s trading sessions in the securities and derivatives markets, including After-Hours Futures Trading, have been cancelled due to the issuance of Typhoon Signal No. 8. No securities clearing and settlement services will ...
SEC reports millions dollars investment fraud
August 1st, 2016
The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly ...