Search Results for: US
Technical Analysis Gold – Drops to Six Week Low Near $1280
August 1st, 2014
Technical Analysis Gold for Friday, August 1, 2014 In the last few days gold has been easing lower and placing pressure on the support level at $1300 which eventually gave way resulting in gold falling sharply back down to ...
China’s factories expand as global trade flourish
August 1st, 2014
Activity in China’s vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. China’s official ...
CySec: acquisition of Administrative Services Providers (ASP) licence
August 1st, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “Company Express (Cyprus) Ltd” has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP). The company is now authorised to operate ...
Brent Oil Steady at $106 on Ample Supply
August 1st, 2014
Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. Analysts expect global production to exceed demand this year, ...
Questions raised after India Blocks WTO Trade Deal
August 1st, 2014
Several member states of the World Trade Organisation voiced frustration after India’s demands for concessions on agricultural stockpiling led to the collapse of the first major global trade reform pact in two decades. WTO ministers had already agreed the ...
Alibaba Is Investing big in U.S. Tech Companies
August 1st, 2014
Chinese Internet retailer, Alibaba Group, is going to America with plans for big investment. In March, Alibaba made a $215 million investment in Tango, a messaging app. It recently contacted Snapchat, another messaging app that this year turned down a $3 ...
Markets fell for July, but Analysts Are Upbeat
August 1st, 2014
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...
Virginia Governor facing corruption trial
August 1st, 2014
Gov. Bob McDonnell of Virginia and his wife, Maureen, engaged in a corruption trial, described on Thursday a private meeting at which he and Mr. McDonnell had discussed ways to secretly transfer $50,000 to the governor. The witness, Jonnie ...
LinkedIn shares advance 10%
August 1st, 2014
Shares in LinkedIn LNKD rallied 10% in late trading Thursday after the professional networking service reported adjusted profit and sales that blew past estimates, fueled by growth in its recruiting and premium subscriptions business. LinkedIn swung to a $934,000, ...
SEC Enforcement Division Modifies Municipalities Disclosure Initiative
August 1st, 2014
The Securities and Exchange Commission has announced modifications to its Enforcement Division’s Municipalities Continuing Disclosure Cooperation (MCDC) Initiative that will provide greater opportunity for smaller municipal securities underwriter firms and municipal issuers to take advantage of the initiative. To ...