Search Results for: EU
Australia 200 – Continuing to Consolidate Around 5620
August 28th, 2014
Australia 200 for Thursday, August 28, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. However since ...
Rosneft gains relief from sanctions
August 28th, 2014
Rosneft, Russia’s largest oil company, has received a new loan from Promsvyazbank to help it weather U.S. and European Union sanctions, and may yet get financial help from the Kremlin. Yet, the assistance doesn’t add up to the amount ...
Gold Showing Little Movement After Mixed US Data
August 27th, 2014
Gold is stable on Wednesday, as the pair trades at $1284.27 per ounce in the European session. It’s a quiet day on the release front, with no major releases out of the US. On Tuesday, the Russian and Ukrainian ...
Japan Abe aide Hamada: Could do next sales tax hike in stages
August 27th, 2014
Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday. Koichi Hamada, professor emeritus of economics ...
I.M.F. Chief, Lagarde, Under Investigation in France
August 27th, 2014
Christine Lagarde, the head of the International Monetary Fund, said on Wednesday that French prosecutors had placed her under formal investigation over a murky business affair that dates to her time as finance minister under former President Nicolas Sarkozy. ...
India Hedge Funds Are World’s Best Performer on ‘Modi, the Hero’
August 27th, 2014
Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third-largest economy. India-focused hedge funds, with a sixth of the $16.5 billion in assets of those ...
Detroit, hold-out creditors must go to bankruptcy mediation: judge
August 27th, 2014
Detroit and its major hold-out creditors were ordered on Tuesday into mediation, just a week before a key federal court hearing is to start in the city’s historic bankruptcy case. The move followed a Monday hearing before U.S. Bankruptcy ...
OSB Daily Technical Analysis
August 27th, 2014
OSB Daily Technical Analysis for August 27, 2014 EUR/USD The EURUSD pair remains in bearish territory and looks likely to continue its downward trajectory despite some consolidative action on Tuesday. The bears dominate this market for now. More consolidation ...
Kleiner to invest in Snapchat at near-$10 billion valuation
August 27th, 2014
Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion, the Wall Street Journal reported on Tuesday, citing people with knowledge of the matter. The ...
AT&T merges wireless and business units led by de la Vega
August 27th, 2014
AT&T Inc is merging its wireless and business divisions into a single unit led by Ralph de la Vega, former chief executive of the company’s wireless segment, a spokesman for AT&T said on Tuesday. The announcement comes as cable ...
