Search Results for: US
Symmetry between prices of gold and crude oil coming apart
June 27th, 2014
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both these commodities had positive correlation, with their prices moving in ...
Ofgem puts big six energy suppliers under investigation
June 27th, 2014
The energy watchdog, Ofgem, fired the starting gun on Thursday on the biggest investigation yet into the energy market by referring the much-criticised power industry to the Competition and Markets Authority (CMA). The big six suppliers will be under ...
Flaw found in PayPal two-step security
June 26th, 2014
Researchers have discovered a hole in an extra security measure used by PayPal, the eBay-owned payments company, to protect customers’ online accounts. Duo Security, a Michigan-based cyber security company, says its researchers have found a way to bypass so-called ...
Supreme Court enshrines privacy of smartphones
June 26th, 2014
US police must obtain a warrant to search a suspect’s smartphone after the Supreme Court ruled on Wednesday that constitutional privacy protections apply to the often extensive data people keep on the devices in their pockets. In a unanimous ...
Google Removes Search Results in Wake of EU Privacy Case
June 26th, 2014
Google Inc. (GOOGL) has started removing some search results in the European Union after an EU court told it last month to respond to requests by people seeking the “right to be forgotten.” The world’s largest search provider has ...
Regions Financial to pay $51 mln for alleged accounting misdeed
June 26th, 2014
Regions Financial Corp, a large U.S. southeast regional bank, agreed to pay $51 million to settle federal and state allegations it failed to account properly for souring commercial loans during the financial crisis, boosting its earnings. The settlements announced ...
FCA warning against unauthorised firm
June 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that the following firms are not permitted to provide any financial services or products: Lucrativa Limited (https://lucrativa.biz) China Trust Underwriters (www.chinatrustunderwriters.com) FCA ...
Ghana’s First Hedge Fund Planned by Ex-Exchange Regulator
June 26th, 2014
Tikowrie Capital Ltd., a Ghanaian money manager started by a former regulator, plans to establish the West African country’s first hedge fund. “The appetite of investors in the country has grown over the years,” Tikowrie Executive Director Maxwell Gidi ...
When Should You Give Investors Their Money Back?
June 26th, 2014
The economic goal of every business leader is to create value for shareholders; it’s what you are paid to do. If you don’t expect to earn returns that exceed the cost of capital borne by shareholders, you ought to ...
Emerging-Market Target Practice
June 26th, 2014
Central bankers want only a few things. To achieve any of them they usually seek to nudge inflation expectations, demonstrate the transparency of monetary policy, and establish their institutions’ credibility. To communicate their intentions simply and clearly, they may ...
