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EBA: Consultation on Guidelines on sound remuneration policies

March 5th, 2015 (0)
The European Banking Authority (EBA) launched today a three-month public consultation on its Guidelines on sound remuneration policies. These draft Guidelines set out the governance process for implementing sound remuneration policies across the EU, as well as the specific ...

China lowers 2015 growth target to around 7%

March 5th, 2015 (0)
China targeted economic growth of approximately 7 percent in 2015, lower than the goal of around 7.5 percent in 2014, according to a government work report delivered by Premier Li Keqiang at the parliament’s annual session Thursday. The growth ...

The Price of Oil Is About to Blow a Hole in Corporate Accounting

March 4th, 2015 (0)
There’s one place in the world where oil is still $95 a barrel. On paper. The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first ...

Japan’s Solar Power Growth Falters as Utilities Balk

March 4th, 2015 (0)
Rice fields, golf courses and even a disused airport runway. All over the southern Japanese region of Kyushu, unexpected places gleam with electricity-producing solar panels. Solar use in Japan has exploded over the last two years as part of an ambitious ...

ECB Glimpse of Cyprus Debt Shows Limits of Bank Cleanup

March 4th, 2015 (0)
There was a time when a Cypriot on a moderate income could take a gamble on foreign real-estate worth more than his life savings. One banking crash, three and a half years of recession and an international bailout later, ...

Statement by Dr. Raghuram G Rajan, Governor, on Monetary Policy

March 4th, 2015 (0)
It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that ““Key to further easing are data that confirm continuing ...

Dukascopy Updates in trading conditions for Binary options

March 3rd, 2015 (0)
Dukascopy issued a press release informing for: Updates in trading conditions for Binary options Following the clients’ requests and adding more flexibility to the binary trading service Dukascopy has increased the maximum contract amounts in 5 times. Now the ...

Spain says third bailout for Greece seen at EUR 30-50 bn

March 3rd, 2015 (0)
Spanish Economy Minister Luis de Guindos on Monday said European Union officials are estimating that a hypothetical third bailout for Greece could amount to between 30 and 50 billion euros ($34-55 billion). European officials have estimated that Greece’s financing ...

ECB meeting preview: What traders should expect from it

March 3rd, 2015 (0)
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...

Greek government searches for funds amid fresh speculation about third bailout

March 3rd, 2015 (0)
The government on Monday scrambled to find ways to raise much-needed funding amid renewed speculation about a third bailout for Greece. Finance Minister Yanis Varoufakis met with his deputies and other officials to discuss ways of covering the country’s ...
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