Search Results for: Global Markets
CySec announced an administrative fine to CLR Overseas Ltd
October 16th, 2015
The Cyprus Securities and Exchange Commission ( CySEC ) has notified the public that at the meeting held on February 16th, 2015, decided to impose an administrative fine of €10.000 to CLR Overseas Ltd for the violation of section ...
Goldman Sachs profits plunge while Citigroup prospers
October 16th, 2015
US banking giant Goldman Sachs has reported a sharp fall in profits as trading activity slowed owing to concerns about global economic growth. Net profits for the three months to 30 September were $1.43bn (£927m), down more than a third ...
Asian shares rise to two-month highs, dollar gains on U.S. data
October 16th, 2015
Asian shares hit a two-month high on Friday, catching some of Wall Street’s shine after upbeat U.S. price and jobless claims data calmed some concerns about the strength of the U.S. economy. MSCI’s broadest index of Asia-Pacific shares outside ...
BGH subsidiary joins forces with Saxo Bank to extend trading capabilities
October 15th, 2015
Bank of Georgia Holdings PLC (“BGH” or the “Group”) announces that its wholly owned investment management subsidiary JSC Galt & Taggart (“Galt & Taggart” or the “Company”) has signed an agreement with Saxo Bank that will enable clients of ...
The Paradox of Risk: Central Planning Is Linear, Reality Is Non-Linear
October 15th, 2015
You thought it was safe to drive 90 miles an hour on a rain-slicked narrow road while you were tipsy because the airbag would save you, but it still hurts when you crash. I first discussed the Paradox of Risk in ...
$50 Oil for 15 Years Isn’t What Scares Bank of Russia Governor
October 15th, 2015
Slow pace of economic overhaul is bigger worry for Nabiullina Russia remains hamstrung by corruption, weak institutions Fifteen years of oil at $50 a barrel isn’t the worst nightmare for Russian central bank Governor Elvira Nabiullina. “What worries me ...
Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects
October 15th, 2015
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates. MSCI’s broadest index of Asia-Pacific shares outside ...
Computop and CardinalCommerce Partner to Enable Retailers to Minimize Fraud in Online and Mobile Commerce
October 14th, 2015
Partnership Provides Retailers with Comprehensive, Secure Payment Solution with Rules-Based Consumer Authentication Functionality for their Domestic and Global Commerce Needs Computop, a leading payment service provider (PSP), and CardinalCommerce, the global leader and pioneer in the remote payments industry ...
Three Trends Have Radically Redefined the Energy Market
October 14th, 2015
Cheap gas isn’t going away and solar is gaining market share Bloomberg New Energy Finance forecasts `age of plenty’ Michael Liebreich, the founder of Bloomberg New Energy Finance, set out the trends upending the global energy markets and ushering in ...
Crude oil treads water as oversupply, China economy concerns persist
October 14th, 2015
Crude oil futures traded largely unchanged on Wednesday after falling by just over one percent in the previous session on an International Energy Agency report that said the market would remain oversupplied for at least another year. Front-month Brent ...
