Search Results for: EC
Gold – Enjoys Support at $1290 and Moves Back Above $1300
August 7th, 2014
Gold for Thursday, August 7, 2014 In the last 24 hours gold has surged higher away from the support level at $1290 and back up well above $1300 to a one week high. Over the last week or so ...
USD/CAD – Stable as US, Canadian Trade Data Improves
August 6th, 2014
The Canadian dollar is steady on Wednesday, as USD/CAD trades in the mid-1.09 range early in the North American session. In economic news, there was positive news on both sides of the border, as Canadian and US Trade Balance ...
Banks Must Show They Can Die Quietly
August 6th, 2014
The U.S. Federal Reserve and the Federal Deposit Insurance Corp. have just confirmed what most people already knew: The largest banks are far too complex and opaque for their own good, let alone for the good of the broader ...
U.S. Stocks Drop on Ukraine as Sprint, Time Warner Slump
August 6th, 2014
U.S. stocks fell, after equities slipped to a two-month low yesterday, on concern the Ukraine crisis will escalate and as Sprint Corp. and Time Warner Inc. (TWX) tumbled on merger news. Sprint slid 18 percent after a person with ...
FCA sets out its approach to financial promotions in social media
August 6th, 2014
The Financial Conduct Authority (FCA) has today launched a consultation which is intended to clarify its approach to the supervision of financial promotions in social media. The FCA’s overall approach is that the financial promotion rules are intended to ...
Seychelles Able To Avoid More Tax Measures
August 6th, 2014
The Seychelles Government has announced temporary financial measures, which will lead to higher interest rates and reduced lending, but which, it was said, will not be joined by any changes to taxation. Finance, Trade, and Investment Minister Pierre Laporte ...
Standard Chartered faces further US fine
August 6th, 2014
Standard Chartered warned it could face more US fines over its money-laundering controls as it reported a 20% fall in half-year profits. US regulators have identified new problems with the bank’s surveillance system, the bank said. It faces a ...
Free, Unlimited, Forever – BitPay’s New Pricing Plan
August 6th, 2014
BitPay continues to break down barriers for merchants looking to accept Bitcoin. The payment processor launched an exciting new pricing plan for businesses that will ultimately eliminate every hesitation for whether a company should accept Bitcoin as payment for ...
Xiaomi just took over China – is the U.S. next?
August 6th, 2014
In four short years, Chinese smartphone maker Xiaomi went from non-existence to No. 1 in China. Could the same happen in the United States? Possibly — but not anytime soon. Xiaomi captured 14% of the Chinese market in the ...
Judge Rakoff Says 2011 S.E.C. Deal With Citigroup Can Close
August 6th, 2014
The settlement that just wouldn’t settle — Citigroup’s 2011 deal with the Securities and Exchange Commission — has finally cleared its last hurdle. Judge Jed S. Rakoff of Federal District Court in Manhattan, who initially rejected the $285 million ...
