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Wheat futures renew rally, amid fresh worries over EU, US dryness

June 20th, 2017 (0)
Spring wheat futures soared to a fresh two-year high, with prices strong in other wheat markets too, after US officials surprised investors by again cutting the condition rating on the country’s spring wheat crop, despite much-needed rains. Minneapolis-traded hard ...

KPMG hires new partner for investment advisory team in UK

June 20th, 2017 (0)
KPMG has appointed Pat Race as a partner in its pension investment advisory team. In his role, Race will work with KPMG investment advisory and trustee services partner Nick Evans and his team in the firm’s London office. The ...

Virtual currency Ethereum has risen 4,500 percent since the beginning of the year

June 20th, 2017 (0)
The price of Bitcoin has hit record highs in recent months, more than doubling in price since the start of the year. Despite these gains, Bitcoin is on the verge of losing its position as the dominant virtual currency. ...

Israeli Ministers vote to ban Binary Options sales overseas

June 19th, 2017 (0)
Marketers of binary options “grow, accelerate and inflame antisemitism against all Jews and especially against Israelis,” says Israel Securities Authority Chairman. The cabinet and the Ministerial Committee for Legislation approved a bill on Sunday with a blanket prohibition against ...

Asia Stocks rose as Yen Falls, Tech Shares Rebound

June 19th, 2017 (0)
Hong Kong shares gain before MSCI decision on China A-shares Brexit negotiations formally start with pressure on May Asia Stocks rose, with a weaker yen supporting Japanese equities and technology stocks rebounding after their biggest weekly selloff since November. ...

Brexit, Germany and Asia

June 16th, 2017 (0)
Britain’s general election went horribly wrong, with the Conservatives forced into a putative coalition with the Democratic Ulster Party. Theresa May’s failure to secure a clear majority has provoked indignation, bitterness, and widespread pessimism. The purpose of this article ...

Bitcoin is suddenly on pace to have its worst week since 2015

June 16th, 2017 (0)
After surging briefly to an all-time high of $3,000, bitcoin has been undergoing a dazzling reversal of late, with the digital currency on track to post its worst weekly decline in more than two years. Bitcoin BTCUSD, +1.77% has ...

Google faces big fine in first EU case against search practices

June 16th, 2017 (0)
Search giant is braced for a fine that could top €1bn with decision expected shortly Google is braced for a fine of potentially more than €1bn as Brussels prepares to announce the first of its trio of antitrust decisions ...

How gold can rescue pensions

June 15th, 2017 (0)
The World Economic Forum, in conjunction with Mercers (the actuaries) recently estimated that the combined pension deficit currently stands at $66.9tr for eight countries, rising to $427.8tr in 2050. The eight countries are Australia, Canada, China, India, Japan, Netherlands, ...

Toshiba facing fresh lawsuit from another group of foreign investors

June 14th, 2017 (0)
Japanese electronics giant Toshiba says it is facing a fresh lawsuit from another group of foreign investors seeking damages following its $1.2bn accounting scandal. The company says it has now been served with 26 complaints in total, demanding nearly ...
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