ICPAC and the International Compliance Association (ICA) join forces to promote the professionalism of compliance officers
October 17th, 2016
The Institute of Certified Public Accountants of Cyprus (ICPAC) and the International Compliance Association (ICA) penned on Friday, 14 October 2016 a protocol of cooperation in order to promote the common endeavour of enhancing the professionalism of the compliance ...
Oil prices fall on higher OPEC output, rise in U.S. crude stocks
October 13th, 2016
Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S. crude stockpiles. Brent crude futures LCOc1 were trading at $51.46 ...
Dollar falls from 2-1/2 month high vs yen after weak China trade data
October 13th, 2016
The dollar pulled back from a 2-1/2 month high against the yen on Thursday after surprisingly weak Chinese trade data stirred fresh concern about the world’s second-largest economy. The dollar dropped to as low as 103.555 yen JPY= at one point, ...
Dubai to overtake London as top pick for wealthy GCC investors
October 10th, 2016
Dubai’s property market is set to overtake the international destinations of London, New York and Singapore as the top choice for the GCC’s wealthiest investors next year, a report has found. The region’s high net worth individuals ($1m-plus) ranked ...
Record fine for a UK Telecoms company in a cyber attack case
October 10th, 2016
Telecoms company TalkTalk has been issued with a record £400,000 fine by the ICO for security failings that allowed a cyber attacker to access customer data “with ease”. The ICO’s in-depth investigation found that an attack on the company last October could have ...
Oil prices fall over doubts that non-OPEC producers will cut output
October 10th, 2016
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent crude futures were trading at $51.53 per barrel at 0511 GMT, ...
What the recent OPEC deal means for oil prices
October 6th, 2016
The September 28 Algiers accord by Opec to cap production within a range of 32.5 million to 33 million barrels per day was unexpected but very positive for sentiment. This was the first time Opec decided to trim output ...
Barclays to sell its Retail and Corporate Banking business in Egypt
October 5th, 2016
Barclays has agreed to sell its Retail and Corporate Banking business in Egypt to Attijariwafa Bank S.A. The transaction is estimated to result in a proforma Common Equity Tier 1 (CET1) ratio benefit of c.10bps on completion, in part ...
Dollar hovers near two-month high, euro extends bounce
October 5th, 2016
The dollar hovered near a two-month high against a basket of currencies on Wednesday, lifted by hawkish comments from a Federal Reserve official and higher U.S. Treasury yields. The euro also extended its bounce following a report of potential ...
OSB Daily Technical Analysis
October 3rd, 2016
>>ATTENTION<< Since October 03, 2016 the OSB Daily Technical Analysis is provided only with Subscription. SUBSCRIBE today and get right in your email the Technical Analysis for: 8 Currency Pairs: AUD/USD, EUR/GBP, EUR/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF, USD/JPY 3 ...
