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Wall Street Bond Dealers Whipsawed on Bearish Treasuries Bet

April 22nd, 2014 (0)
Betting against U.S. government debt this year is turning out to be a fool’s errand. Just ask Wall Street’s biggest bond dealers. While the losses that their economists predicted have yet to materialize, JPMorgan Chase & Co. (JPM), Citigroup ...

A star abroad, India central bank boss riles bond traders at home

April 17th, 2014 (0)
Since taking the helm of India’s central bank, Raghuram Rajan’s agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return. ...

Angola Is Moving Into Oil’s Big Leagues As it Leaves Decades Of War Behind

April 17th, 2014 (0)
After decades of sporadic growth and political turmoil, Angola is on the verge of catapulting to the top ranks of the world’s energy economy following major deep-water production investments by several top global oil companies. On Monday, France’s Total ...

CySec announcement on legal enquiries

April 16th, 2014 (0)
The Cyprus Securities and Exchange Commission (CySec), has issued a press release following its previous announcements of 1.11.2007 and 5.5.2010, and reminding all interested parties that, although it is an administrative body and has no obligation to provide legal ...

CALDB suspends NSW joint liquidator for six months

April 16th, 2014 (0)
The Companies Auditors and Liquidators Disciplinary Board (CALDB) has ordered the suspension of the registration of Mr William James Hamilton as a liquidator for six months following an application by ASIC. The suspension will take effect from 3 June ...

GASB Sets Guidelines for Measuring Assets and Liabilities

April 15th, 2014 (0)
The Governmental Accounting Standards Board (GASB) on Monday defined two approaches for measuring assets and liabilities, which officials said will guide the standard-setting organization in establishing accounting and financial reporting standards for state and local governments. The two approaches, ...

EUR/USD probes monthly PP

April 15th, 2014 (0)
Pair’s Outlook EUR/USD did not manage to close a downside gap yesterday, instead at the moment it gravitates towards the monthly pivot point at 1.3815. Additional support is at 1.3789/83, created by the 20 and 55-day SMA. But the ...

SRA: Solicitor struck off for dishonestly misusing client money

April 15th, 2014 (0)
The Solicitors Regulation Authority has issued a press released informing that a solicitor has been struck off for failing to handle properly funds that clients had entrusted to him. Ashok Kumar Sancheti was struck off by the Solicitors Disciplinary Tribunal (SDT) ...

GBP/USD finds support at 1.67

April 14th, 2014 (0)
Pair’s Outlook Although GBP/USD received a strong bearish impetus after a test of the February’s high, today the currency pair is not keen on declining, as it seems to have found support at 1.6704 (weekly PP). Nevertheless, the downside ...

Amazon.com To Acquire comiXology, A Digital Comics Company, As Retailer Seeks To Expand In Online Publishing

April 11th, 2014 (0)
Amazon.com (NASDAQ:AMZN) announced Thursday that it has reached an agreement to acquire comiXology, a seller of digital comics, for an undisclosed amount. New York-based comiXology offers graphic novels from more than 75 publishers as well as individual contributors. And, ...
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