Search Results for: EC
Gold – Looking Back Down at the Key $1290 Level
August 11th, 2014
Gold for Monday, August 11, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick showing a probability to head back down again. In the middle of last week it moved ...
The Tricks of China’s Trade
August 11th, 2014
Last year, China ostensibly reached another milestone in its meteoric rise, surpassing the United States to become the world’s largest trading country, with its total trade turnover valued at CN¥25.83 trillion ($4.16 trillion). But this achievement is largely illusory ...
Kinder Morgan companies to combine into a $71B move
August 11th, 2014
Kinder Morgan, oil and gas pipeline and storage companies, announced its plans of combining Kinder Morgan Inc., Kinder Morgan Energy Partners, Kinder Morgan Management and El Paso Pipeline Partners will all combine under the Kinder Morgan Inc. umbrella and ...
Amazon halts Disney movies preorders
August 11th, 2014
A contract dispute between Amazon Inc. and publisher Hachette Book Group over some Disney movies has put into halt any pre-orders of them. Amazon has been on an ongoing battle with the publisher over the price set for the ...
SRA shuts down Manchester firm
August 11th, 2014
The Solicitors Regulation Authority has shut down the Manchester firm Robert Meaton & Co due to suspected dishonesty by one of the partners. According to the firm’s website release the regulator intervened the practice of Andrew John Davies and ...
New accounting standard rule against banks’ losses from loans
August 11th, 2014
A new international accounting standard, IFRS 9, will set as requirement that banks should set aside more money in order to protect against losses from customers who can’t repay loans. The new rule will come into effect in 2018 ...
Bulgarian regulator warns against unauthorised firm through MFSA
August 11th, 2014
The Malta Financial Services Authority (MFSA), has released a warning from the Bulgarian Financial Supervision Commission (BFSC) against the activities of the company ISLANDBAY SERVICES LTD with a trade name BROKER CAPITAL. Following the proper investigation it appeared that INVESTORS LTD (formerly ASTON ...
How Bond Traders Profited Off U.S. Wage of $24.45 an Hour
August 11th, 2014
Yields on 10-year Treasuries (USGG10YR) hit a three-week high, suggesting traders were bracing for evidence the long-awaited pickup in wages would materialize and provide the catalyst for the Federal Reserve to raise interest rates. While the economy rebounded last ...
Canada Dollar Drops as Yields Hit Lowest in Year on Jobs
August 11th, 2014
Canada’s dollar declined to almost a three-month low and 10-year bond yields sank to the least in a year as the nation’s employers added fewer jobs in July than forecast, increasing concern the economy is faltering. Canada’s dollar weakened ...
Tax on online advertisements bring discontent to e-tailers in Bangalore
August 11th, 2014
With Budget 2014 re-introducing service tax on online and mobile advertising, e-commerce industry facing the direct brunt of it has now adopted a wait and watch strategy. But they feel that the government needs to go extra mile to ...