Search Results for: EC
Futures trader convicted of false trading
April 30th, 2014
The Hong Kong Securities and Futures Commission (SFC), an independent statutory body set up to regulate the securities and futures markets in Hong Kong, has issued a press release informing that the Eastern Magistrates’ Court convicted a futures trader ...
Market manipulator jailed for false trading
April 30th, 2014
The Hong Kong Securities and Futures Commission (SFC), an independent statutory body set up to regulate the securities and futures markets in Hong Kong, has issued a press release informing that the Eastern Magistrates’ Court sentenced Mr Chan Wing ...
A look on FASB’s new standards
April 30th, 2014
In December 2002, five months after he became chairman of the Financial Accounting Standards Board, Robert Herz told a conference of auditors that FASB had set a “very ambitious” deadline for issuing a sweeping new standard that would govern ...
Deutsche Bank Attacks Basel Plan’s Threat to Repo Market
April 30th, 2014
Global banks from Deutsche Bank AG (DBK) to Credit Suisse Group AG (CS) are urging international regulators to rethink a liquidity rule they say risks harming the market for repurchase agreements and pushing up governments’ borrowing costs. Draft plans ...
U.K.’s Transaction Tax Plan on hold by the European court
April 30th, 2014
The U.K. lost a bid to counter plans by 11 European Union nations for a common financial-transactions tax, after the bloc’s top court said it was too soon to rule on the legality of the move. The European Court ...
Google warning on Putin’s possible Internet censorship might prove right
April 30th, 2014
Google Inc. Chairman Eric Schmidt warned last year that Russia was “on the path” toward China’s model of Internet censorship. Vladimir Putin is proving him right. With Russia locked in the worst standoff with the U.S. since the Cold ...
USD/CHF rebounds from 0.88
April 30th, 2014
Pair’s Outlook Since USD/CHF closed beneath the monthly PP and 55-day SMA, it was expected to extend the losses. However, it turned around ahead of the weekly S2 at 0.8764 and decided to return to the down-trend line at ...
Where’s the Rule of Law in Global Politics?
April 30th, 2014
The West’s difficulty in dealing with an aggressive Russia demonstrates a broader issue: The world is having a much harder time holding to a common set of rules in the geopolitical realm than in the economic. This raises an ...
USD/JPY unable to breach monthly PP
April 30th, 2014
Pair’s Outlook USD/JPY seems to have once again failed at 102.72/56 (monthly PP and 100-day SMA), thereby calling into question the currency pair’s ability to recover in the long run. Still, being that the key supports remain intact, such ...
EUR/USD plummets from 1.39
April 30th, 2014
Pair’s Outlook As soon as EUR/USD approached 1.39, it was immediately sold off down to the support are around 1.38, which consists of the monthly PP and 55-day SMA. And while this may potentially alleviate the downward pressure due ...
