Search Results for: Global Markets
Russia debt freeze is lesson for Hong Kong
October 2nd, 2014
Beyond a few wobbles, global markets have proved remarkably indifferent this year to political risks – whether Russia’s incursions into Ukraine, Iraq’s descent into chaos or democracy protests in Hong Kong, which have this week tested China, the world’s ...
Russian Energy Influence on Europe
September 30th, 2014
With the Ukrainian conflict unresolved and winter in sight, the EU will not only have the grand task of preparing the continent for the possibility of energy shortages, but also to define its long-term energy goals. Most East European ...
UK bank adviser pay catching up with traders
September 15th, 2014
Senior advisory bankers’ pay in London has risen almost on to a par with traditionally higher-earning traders, underlining the shifting fortunes of these distinct businesses within investment banks. By contrast, senior traders have suffered an average 13 per cent ...
Belize Firm Charged in $500 Million Tax-Evasion Scheme
September 10th, 2014
IPC Management Services LLC, a Belize-based investment firm, and its founder were accused of a $500 million scheme to launder money and hide investments as part of a U.S. crackdown on tax evasion. Robert Bandfield, a U.S. citizen, was ...
Is bigger better for ASEAN in a mega-regional world?
September 10th, 2014
Big-block trade agreements or ‘mega-regionals’, revolving around one or more major powers, are the latest trend in trade policy negotiations. ASEAN is involved in two: the American-led Trans-Pacific Partnership (TPP) and the Chinese-led Regional Comprehensive Economic Partnership (RCEP). But ...
Brent Oil Drops to $100 on Demand Woes
September 3rd, 2014
Brent crude fell to its lowest level in 15 months on Tuesday, pressured by the prospect of slowing oil demand growth in China and Europe, while a strong dollar and ample supplies pressured U.S. oil prices. Oil prices on ...
Former CEO of ConvergEx Subsidiary faces SEC’s charges
August 8th, 2014
The Securities and Exchange Commission (SEC) has appointed charges to the former chief executive officer of a broker-dealer subsidiary of ConvergEx Group LLC for deceiving brokerage customers with hidden fees to buy and sell securities. SEC claims that the ...
S&P 500 index reports worst downfall since April; indexes down for July
August 1st, 2014
The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected. Data ...
Stocks tumble at the open a day after Argentina defaults
July 31st, 2014
Stocks tumbled at the open Thursday as bond yields spiked and global markets took a tumble a day after Argentina defaulted on its debt. A breakdown in talks between Argentina and U.S. creditors late Wednesday sent the country plunging ...
FBI sentences man for a $3.4 Million Forex trading fraud
July 17th, 2014
The American Federal Bureau of Investigation(FBI) has announced that a Quincy man swindled more than two dozen investors out of $3.4 million in an exotic foreign exchange fraud run from his Quincy home. Marcellus Lopes Lee was indicted in ...
