Search Results for: US Dollar
Ernst & Young settles with N.Y. for $10 million over Lehman auditing
April 16th, 2015
Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc deceive investors in the years leading up to its 2008 collapse, the New York attorney ...
Virtu IPO Tests Perceptions of High-Speed Trading
April 16th, 2015
High-frequency trading firm prices shares at $19, high end of projected range When Virtu Financial Inc., starts trading Thursday, its performance will be a test of how markets view a firm that has been at the center of controversy ...
Japan Overtakes China as Largest U.S. Bondholder
April 16th, 2015
Japanese become biggest funders of American government for first time since 2008 financial crisis Japan dethroned China as the top foreign holder of U.S. Treasurys for the first time since the financial crisis, following a wave of purchases by ...
JSE and Eris Exchange Announce Swap Futures Licensing Partnership
April 15th, 2015
JSE to Launch Interest Rate, Cross-Currency and Credit Default Swap Futures Based on the Eris Methodology™ The Johannesburg Stock Exchange (JSE), Africa’s largest exchange, today announced that it signed a multi-year licensing agreement with Eris Exchange (Eris), a U.S.-based futures ...
India is world’s fastest growing major economy. Can it last?
April 15th, 2015
India is looking like the success story of 2015. Its economy is growing faster than China‘s this year, and the most of any major economy in the world. It will surpass Russia‘s this year in size and nearly equal ...
Asian markets stumble over China
April 15th, 2015
Asian markets stumbled on Wednesday as relief China had matched its own growth target was soured by poor readings on consumer demand and industrial activity, underlining the need for more policy action by Beijing. Growth in China’s colossal economy did slow ...
Wall Street falls ahead of first-quarter earnings
April 14th, 2015
Wall Street edged lower on Monday after two consecutive weeks of gains as fears increased that the strong dollar and lower oil prices will hurt US first-quarter earnings. The Dow Jones industrial average fell 81 points, or 0.45%, to ...
Where is Gold heading to?
April 13th, 2015
Any hike by the Fed, which has kept rates near zero since 2008 to stimulate the U.S. economy, could hurt demand for bullion. A new monthly bullion report by Angel commodities say from a month’s perspective, spot gold prices ...
Top 12 Media Myths on oil prices
April 13th, 2015
The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s ...
Central Banks at Zero Failing to Turbocharge Effect of Cheap Oil
April 9th, 2015
Central bankers unable to cut interest rates are failing to turbocharge the effect of declining oil prices. Economists at Oxford Economics Ltd., a U.K.-based research group, say policy makers may be damping hopes that last year’s near-halving of crude ...
