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India seeks to use its oil thirst to drive bargains

June 16th, 2015 (0)
Oil Minister Dharmendra Pradhan speaks during an interview with Reuters in New Delhi, India India is trying to use its position as one of the world’s biggest energy consumers to strike better bargains for its companies with oil exporting ...

China Shares Fall as Startup Shares Get Pricey

June 16th, 2015 (0)
Stocks in Asia mostly fell Tuesday, with China leading the decline, as investors there sell shares in highflying startup stocks that have gotten expensive. The Shanghai Composite Index was down 0.9% at 5019.42 following a 2% drop Monday, while ...

What Lessons from Part-Timers about the US Labor Market?

June 15th, 2015 (0)
The US unemployment rate has been in the range of 5.4-5.5% since February, which is clearly a vast improvement from its peak of 10% in October 2009. But of course, no single number will capture the health of the ...

European solidarity: The future of Europe and the euro depends on political leaders

June 15th, 2015 (0)
Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis? European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany ...

No VAT on Bitcoin in Switzerland

June 15th, 2015 (0)
Excellent news from the Swiss Federal Tax Administration (ESTV): no VAT applies to Bitcoin in Switzerland. “This is excellent news for Bitcoin in Switzerland as it provides the legal certainty we need to professionally operate our business,” Niklas Nikolajsen, ...

TMX Group Announces eXplore TMX Innovation Lab

June 15th, 2015 (0)
TMX Group has issued an announcement to inform that: New initiative designed to accelerate technological and organizational innovation TMX Group announced the launch of eXplore TMX Innovation Lab, a new initiative that will leverage both emerging and in-house technology ...

Advanced Markets Teams with Fortex in Joint Venture

June 15th, 2015 (0)
FAM Clearing, LLC to Deliver Prime-of-Prime Service and End-to-End Trading Technologies to FX Market Lacking Access to Bank Prime Services Advanced Markets, a wholesale provider of liquidity, technology, and credit solutions to banks and brokers and Fortex, Inc., a leading ...

Saudi Market Opening May Help Neighbors

June 15th, 2015 (0)
Other Arab countries—including Qatar, Kuwait and the United Arab Emirates—are likely to be among the major beneficiaries When Saudi Arabia opens up its stock market to foreign investors Monday, the loudest cheers may come from the Persian Gulf country’s ...

Greece Enters Fateful Week as Talks End Fruitlessly

June 15th, 2015 (0)
Greece enters what could be a defining week after last-ditch negotiations between representatives of the Greek government and its creditors collapsed on Sunday. The euro dropped as the European Commission said the talks in Brussels had broken up after ...

Is The Age Of Negative Interest Rates Ending Already?

June 12th, 2015 (0)
History teaches that long trends end only when everyone is finally convinced that they’ll keep going. Maybe no trend in modern times has been as convincing as interest rates. The yield on long-term Treasury bonds, for instance, has been ...
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