Search Results for: Swiss
Dollar holds most of gains
August 16th, 2017
The dollar was steady in Asian trade on Wednesday, holding onto most of its gains made after strong U.S. retail sales data kept alive the chance of another Federal Reserve interest rate hike this year. Minutes from the Fed’s ...
Stocks, dollar extend slide as U.S., North Korea tensions intensify
August 11th, 2017
Asian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen, the Swiss franc and U.S. Treasuries. Wall Street closed ...
Safe-haven currencies rise as North Korea tensions brew
August 10th, 2017
Traditional safe-haven currencies including the Swiss franc and Japanese yen rose on Wednesday, boosted by worries about increased tensions between the United States and North Korea. The greenback slipped 0.83 percent to a near two-week low against the Swiss ...
European stocks are set for a mixed open on Thursday morning
August 10th, 2017
European stocks are set for a mixed open on Thursday morning as investors monitor new corporate earnings and geopolitical tensions surrounding North Korea. The FTSE 100 is seen off by 5 points at 7,452; the DAX 30 is expected ...
Stock manipulator has agreed to pay nearly $800,000
August 3rd, 2017
The Securities and Exchange Commission today announced that an overseas stock manipulator has agreed to pay nearly $800,000 and be permanently barred from involvement in penny stocks after hiding his significant stake in a small oil & gas company ...
Financial Regulators around the world warn for unauthorized financial services firms
August 1st, 2017
The supervisory authorities of Austria (Financial Market Authority – FMA), Belgium (Financial Services and Markets Authority – FSMA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Hong Kong (Securities and Futures Commission – SFC) and British Columbia (British Columbia ...
A Former Credit Suisse Banker Has Pleaded Guilty in an U.S. Offshore Tax Case
July 20th, 2017
A former Credit Suisse Group AG banker from Switzerland pleaded guilty on Wednesday to participating in a wide-ranging scheme to help Americans hide millions of dollars in offshore accounts to evade U.S. taxes. Susanne Rüegg Meier, a former manager ...
Here is a list of world’s safest currencies
July 14th, 2017
When it comes to havens among currencies, the yen is the safest of them all, according to a correlation analysis by Goldman Sachs Group Inc. economists. Goldman Analysis Has Yen Topping Swiss Franc as Safest of Havens Japan’s currency ...
The Economist: 31 of 34 Currencies Tracked are Undervalued Against the US Dollar
July 14th, 2017
The latest Big Mac index from The Economist indicates that 31 of the 34 currencies tracked are undervalued against the US dollar. Only the Swiss franc, Norwegian krone and Swedish krona are overvalued. Now in its 31st year, the ...
HSBC faces fresh legal battle over forex manipulation allegation
June 7th, 2017
HSBC is facing a fresh law suit over allegations of forex manipulation. The bank’s traders are being accused of manipulating the markets for their own profit more than a decade ago, according to the Financial Times. ECU Group, a ...
