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Japan economy minister calls for fiscal stimulus

November 3rd, 2014 (0)
Japanese Economy Minister Akira Amari said on Monday that the government should deploy fresh fiscal stimulus to prop up the economy if third-quarter preliminary gross domestic data due on Nov. 17 turns out weak, public broadcaster NHK reported. Amari ...

Israeli police arrests Mexican Bitcoin blackmail

November 3rd, 2014 (0)
A 34 year old man was arrested at Ben Gurion Airport in Tel Aviv on suspicion he had stolen information during the last few months and demanded Bitcoin worth millions of shekels in order not to disclose information. Cyber ...

Australia 200 – Threatening to Return to Above 5500 Again

October 31st, 2014 (0)
Australia 200 for Friday, October 31, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...

SEC and FINRA Warn Investors About Penny Stock Scams

October 31st, 2014 (0)
The Securities and Exchange Commission’s Office of Investor Education and Advocacy and the Financial Industry Regulatory Authority (FINRA) issued an alert warning investors that some penny stocks being aggressively promoted as great investment opportunities may in fact be stocks ...

Oikonomia, Revisited

October 31st, 2014 (0)
My knowledge of ancient Greek is not significantly different from zero, but every student of economics at some point runs into oikonomia, the root word from which economy and economics were later derived. For example, in describing the etymology ...

Antitrust Goes International

October 30th, 2014 (0)
In a globalizing world economy, it’s perhaps no surprise that mergers and acquisitions are also crossing national borders more frequently–and that the risk of cartel-like behavior across national borders is also rising. The OECD lays out some background in ...

FCA fines Sesame Ltd for ‘pay-to-play’ arrangements

October 30th, 2014 (0)
Sesame Ltd, the UK’s largest network of financial advisers, has been fined £1,598,000 by the Financial Conduct Authority (FCA) for setting up a pay-to-play scheme. Sesame’s arrangement effectively undermined the ban on commission payments brought in by the Retail ...

Sterling Lads Chats Show FX Traders Matching Fix Orders

October 30th, 2014 (0)
“Any fix quid?” a currency trader at Barclays Plc asked a counterpart at HSBC Holdings Plc at 2:25 p.m. on June 23, 2011. “Get 50 cable on fix,” he said as he tried to sell British pounds. “Nothing as ...

Asia stocks dip, dollar well bid on Fed’s optimistic tone

October 30th, 2014 (0)
Asian stocks were mostly lower and the dollar surged to a three-week high versus the yen after the U.S. Federal Reserve ended its massive quantitative easing programme, as expected, but laced its economic assessment with a tinge of hawkishness. ...

U.S. prosecutors reopen probes against several big banks

October 30th, 2014 (0)
U.S. prosecutors are reopening investigations into big banks on suspicion they may have violated agreements under which the institutions settled prior cases against them, The New York Times reported, citing lawyers briefed with the matter. With the settlements, the ...
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