Search Results for: ICE
U.S. jobs data seen reinforcing strong growth outlook
July 3rd, 2014
U.S. employment growth is expected to have continued at a solid clip in June, which would further dispel fears about the economy’s health and underscore its momentum heading into the second half of 2014. Nonfarm payrolls probably increased by ...
Direct won-yuan trading on the way
July 3rd, 2014
While North Korea is set to top the agenda at talks later today between Chinese President Xi Jinping and South Korean President Park Geun-hye, increasingly close bilateral economic relations won’t be far behind. There are two main items on ...
EU Court voids sanctions on former Syrian minister
July 3rd, 2014
A European Union court has voided sanctions imposed by the 28-nation bloc on Syria’s former economy minister. The EU’s General Court said Thursday a travel ban and asset freeze imposed on Mohamad Nedal Alchaar cannot be upheld only on ...
Copper rises 0.22% on spot demand
July 3rd, 2014
Copper prices moved up by 0.22 per cent to Rs 439.60 per kg in futures trade today as speculators created fresh positions on rise in demand in spot market. At the Multi Commodity Exchange, copper for delivery in November ...
American Express ‘Take It or Leave It’ Rule Goes on Trial
July 3rd, 2014
American Express Co. (AXP) drives a hard bargain with businesses that want to attract its affluent cardholders: treat the card like any other form of payment despite higher processing costs if you want those customers. The lender prohibits businesses ...
US Foreign Account Tax Compliance Act Takes Force
July 3rd, 2014
In what the United States Administration has called an “effort to crack down on tax evasion and reduce the tax gap,” the Foreign Account Tax Compliance Act came into effect on July 1. Enacted in March 2010, FATCA adds ...
Most Emerging-Market Stocks Advance Before U.S. Payroll Report
July 3rd, 2014
Most emerging-market stocks rose, with the benchmark index holding near a 14-month high, before U.S. jobs data and a euro-area monetary-policy decision today. Anhui Conch Cement Co. (914), China’s largest producer, rose 5.1 percent in Hong Kong after saying ...
Silicon Valley venture capitalist Tim Draper wins bitcoin auction
July 3rd, 2014
Venture capitalist and entrepreneur Tim Draper is rolling in bitcoins after winning a U.S. government auction Monday. He bought 29,656 bitcoins — a new form of digital currency — from a trove that the government seized in a raid ...
Bonds trade flat as US treasury yields keep rise in check
July 3rd, 2014
Benchmark 10-year bond yield trades flat at 8.66 per cent amidst optimism over falling oil prices and expectations that monsoon showers would help keep food inflation in check, even as a rise in US treasury yields hurts. US treasury ...
Wall Street set to extend highs
July 2nd, 2014
The rally on Europe’s main equities markets is continuing, after fresh prices data for the eurozone did not contain any unpleasant surprises ahead of this week’s European Central Bank policy meeting. The region-wide FTSE Eurofirst 300 is up 0.4 ...
