Search Results for: EC
Pound Slides to Eight Week Low – Data Disappoint
August 7th, 2014
The pound slid to an eight week versus the dollar on concern the U.K.’s economy is falling short of analysts’ expectations. Sterling weakened against all but two of its 16 major counterparts as data showed Britain’s shop prices dropped ...
Samsung’s next reinvention challenge is ‘reinvent itself’ & to be more innovative
August 7th, 2014
As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd is under pressure to reinvent itself – to be more innovative, but not lose the rigor and focus that made it a global powerhouse. ...
Hong Kong Plugs Captive Insurance To Mainland Companies
August 7th, 2014
The Permanent Secretary for Financial Services and the Treasury, Au King-chi, outlined Hong Kong’s plans to promote captive insurance for Mainland Chinese companies. Au said that, as “financial co-operation between Hong Kong and the Mainland has all along been ...
FMA fined trader with $130,000
August 7th, 2014
The Financial Markets Authority (FMA) announced that trader Brian Peter Henry was fined by the regulator with the amount of $130,000 after he admitted the allegations he was charged. Brian Peter Henry has admitted all of the Financial Markets Authority’s ...
Commodities markets summary
August 7th, 2014
A summary of trading in key commodities markets: ENERGY Oil prices in New York have fallen again on worries about lower demand, even after an inventory report showed a surprising drop in US gasoline supplies. US benchmark West Texas ...
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
Spain Unveils ‘Google Tax’
August 7th, 2014
Spain’s Congress of Deputies has approved a law, which will pave the way for a levy on news aggregation websites. Dubbed the “Google Tax,” the levy would allow news publishers to charge “electronic news aggregation systems,” such as the ...
Asia stocks cautious, bonds up on Ukraine tensions
August 7th, 2014
Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher. Global ...
U.S. judge tells New York bank to hold onto Argentine bond funds
August 7th, 2014
The U.S. judge in charge of Argentina’s debt default case on Wednesday ordered Bank of New York Mellon to hold on to money deposited by the government rather than disburse the funds to holders of the country’s restructured bonds. ...
Australia 200 – Returns to Familiar Territory Below 5500
August 7th, 2014
Australia 200 for Thursday, August 7, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week returning back to more familiar territory between the 5400 and 5500 levels. ...
