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Oil plumbs depths as OPEC refuses to blink

December 16th, 2014 (0)
A modest rebound by oil futures gave way to fresh selling Monday, clearing the way for a new round of lows after the Organization of the Petroleum Exporting Countries offered no indication it’s ready to blink and cut production. ...

An alternative oil investment that hinges on infrastructure needs

December 15th, 2014 (0)
The sharp decrease in oil prices over the past six months undoubtedly has pained advisers and investors interested in the energy sector. Oil prices dropped sharply last week, reaching five-year lows. For the first time since July 2009, the ...

Technical Analysis: Currency pairs – Dec 12

December 12th, 2014 (0)
Technical Analysis for December 12, 2014 EUR/USD moves downwards to 1.24 level and breaks to 1.237. Currently it is gaining the lower momentum and will keep pushing sideways around 1.24 – 1.25. A break higher than 1.25 will target ...

The Quindell share price fiasco should not dent faith in the robust Aim market

December 10th, 2014 (0)
The AIM market, the London Stock Exchange’s junior market, has been subjected to an unprecedented level of criticism over recent weeks. The fiasco at Quindell, which saw another twist this week, as the company called in PwC to review ...

Fall of the Bond King: How Gross Lost Empire as Pimco Cracked

December 4th, 2014 (0)
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...

What Greek accounting woes can teach Asia

November 26th, 2014 (0)
Asia should care about Greece, because it offers two important lessons. One, that “Greek accounting” triggered the European crisis and weakened an important trading partner to Asia. Two, that weak Greek government financial management and reporting impaired trust and ...

Officials will interview Traders about currency market manipulation

November 25th, 2014 (0)
U.S. prosecutors will travel to London in the coming weeks to interview traders about currency market manipulation, the latest sign that authorities are closer to filing criminal charges stemming from the long-running probe, sources told Reuters. Officials from the ...

Yen Strengthens on Kuroda Comments as Energy Stocks Slip

November 25th, 2014 (0)
Japan’s yen climbed after a speech by central bank Governor Haruhiko Kuroda, and the cost of insuring Japanese debt against default fell the most in two weeks. Asian energy producers retreated as oil held declines before a meeting of ...

Islamic finance body AAOIFI to revise four standards, eyes sukuk

November 20th, 2014 (1)
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will revise four of its standards in the first half of next year while expanding its guidance for Islamic bonds, the industry body said. Earlier this month, AAOIFI issued ...

Pound Falls a Fourth Day as Carney Signals Disinflation Risks

November 17th, 2014 (0)
The pound fell for a fourth day against the dollar, approaching a 14-month low, as Bank of England Governor Mark Carney and Chief Economist Andy Haldane signaled they’re concerned that inflation is slowing. U.K. government bonds rose along with Treasuries, pushing 10-year gilt ...
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