Search Results for: ELA
Australia accused of breaking law after returning asylum seekers to Sri Lanka
July 8th, 2014
Australia has been accused of breaking international law and violating the refugee convention after returning a group of 41 Sri Lankan asylum seekers who attempted to reach the country by boat directly into the hands of the Sri Lankan ...
Yen Holds Biggest Gain in a Week on Stock Drop
July 8th, 2014
The yen remained higher after a gain yesterday that was the biggest in a week, as U.S. stock futures point to declines in the Standard & Poor’s 500 Index and after Japan reported a bigger-than-expected current-account surplus. The currency ...
Corn Holds at $4.03 after Record Crop
July 8th, 2014
Corn traded near the lowest level in almost four years as an outlook for a record harvest in the U.S., the biggest producer, spurred a bear market slump. Wheat rallied after the biggest drop in 15 months. Corn for ...
Dollar Falls Most in a Week Versus Yen after Fed Rate report
July 8th, 2014
The dollar fell the most in more than a week against the yen as investors gauge the timing of Federal Reserve interest-rate increases after reports showing a strengthening jobs market. The Bloomberg Dollar Spot Index rose earlier after Goldman ...
Technical Analysis Gold – Indecision Resurfaces Under $1320
July 8th, 2014
Technical Analysis Gold for Tuesday, July 8, 2014 After pushing higher to a three month high above $1330 last week, gold has now just eased a little lower back to below $1320 and is showing more signs of indecision again ...
Germany Proposes a Road Tax Aimed Primarily at Foreigners
July 8th, 2014
The German government announced plans on Monday to charge a road-use fee on all cars using roads and highways in Germany, a measure aimed at the foreign-registered cars that make an estimated 170 million trips to and through the ...
More U.S. companies doing deals to avoid U.S. taxes: Congress study
July 8th, 2014
Seventy-six U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes, with a sharp increase recently in such deals, a policy research arm of Congress said on Monday. ...
Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
July 7th, 2014
In the relative calm that is the market for U.S. Treasuries, a sense of unease over a vital cog in the financial system’s plumbing is beginning to rise. The Federal Reserve’s bond purchases combined with demand from banks to ...
CySec: acquisition of CIF (Cyprus Investment Firms) licence
July 7th, 2014
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has announced that “Moneychoice Brokers Ltd” has successfully obtained the CySec license for CIF (Cyprus Investment Firms). The firm is now authorised to operate legally under the ...
Hong Kong shares slip on weakness of casinos, China stocks off too
July 7th, 2014
Hong Kong shares fell on Monday with Macau casinos under selling pressure after last week’s strong rebound, while China markets were also weaker as investors await major economic data later this week. At midday, the Hang Seng Index was ...