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Global stocks mixed, Indonesia up after election

July 10th, 2014 (0)
Global markets were mixed Thursday with a slight pickup in China’s exports failing to give a lift to European stocks after most Asian indexes closed up. Indonesian stocks surged despite a contested presidential election result. European markets failed to ...

European Stocks Drop for Fifth Day; Fugro Tumbles

July 10th, 2014 (0)
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...

ESMA publishes accounting enforcement guidelines

July 10th, 2014 (0)
The European Securities and Markets Authority (ESMA) has published its final Guidelines on the enforcement of financial information published by listed entities in the European Union (EU). The aim of the guidelines is to strengthen and promote greater supervisory ...

China Said to Probe Alleged Bank of China Money Laundering

July 10th, 2014 (0)
China’s central bank and currency regulator are investigating a state media report that alleged Bank of China Ltd. broke rules on transferring money overseas, two government officials familiar with the matter said. The probe focuses on whether Bank of ...

‘Google It’ Becomes ‘Hide It’ After Right to Be Forgotten

July 10th, 2014 (0)
“Google it” is synonymous with seeking information. Now Google Inc. (GOOG) is struggling with a new rule: “Hide it.” The world’s biggest search-engine company is grappling with how to apply a European Union court decision that said citizens have ...

Argentina’s Sovereign Bondage

July 10th, 2014 (0)
Sovereign debt has been back in the news recently, this time because of a United States Supreme Court ruling concerning Argentine debt. As a result of the ruling, a complicated issue is likely to become even more so. Sovereign ...

Google to create European venture capital arm

July 10th, 2014 (0)
Google is creating a European arm to its venture capital vehicle, as the internet group seeks to tap into the ideas and money being generated by the continent’s emerging start ups. Google Ventures, which has previously focused its investments ...

Ex-CS commodities head turns to bitcoin

July 10th, 2014 (0)
A UK-based bitcoin exchange has tapped the former global head of commodities at Credit Suisse to lead its attempt to promote professional trading of the virtual currency. Adam Knight, who has been an angel investor in London since leaving ...

West TX Oil Near $102 on Gasoline Supply

July 10th, 2014 (0)
West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world’s biggest oil user. Brent dropped in London. Futures declined as much ...

Asian stocks Mixed after China Trade Data

July 10th, 2014 (0)
Asian stocks outside Japan rebounded as China’s trade expanded, while the U.S. oil benchmark-contract slipped toward a record losing streak. European index futures were flat and gold was near a 3 1/2-month high. The MSCI Asia Pacific excluding Japan ...
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