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Goldman, Client Trade Lawsuits Over Singapore Stock Rout

April 14th, 2014 (0)
Goldman Sachs Group Inc. (GS) and Lynne Ng Su Ling, an independent director at LionGold Corp., traded lawsuits in London over payment demands after shares owned by Ng and held by the bank as debt collateral plunged in an ...

Oil prices rise on continuing tension in Ukraine

April 14th, 2014 (0)
Crude oil prices have risen amid continuing tensions in Ukraine and concerns about possible disruptions to Russian gas supplies. The price of Brent crude futures rose above $108 a barrel in Monday trading – a gain of 0.8% on ...

More law firms face unrated PII threat

April 14th, 2014 (0)
Thousands of firms are weeks away from being plunged into uncertainty according to research showing an increasing number relying on unrated professional indemnity insurers. The survey results come weeks before the Solicitors Regulation Authority decides whether to ban unrated ...

Stocks Drop With Ruble as Ukraine Tension Spurs Gold

April 14th, 2014 (0)
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...

How about… A Global Tax on the Superrich?

April 14th, 2014 (0)
Bill Gates washes his own dishes, as we learned this year from his Ask Me Anything session on Reddit, but he’s certainly not trying to save money. The world’s richest person is doing everything in his power to decrease ...

Putin Could Stop Selling Gas to Ukraine. Here’s Why He Won’t

April 14th, 2014 (0)
For a time this week, Vladimir Putin looked ready to turn off the gas. In an April 10 letter to 18 European heads of state, he warned that Russia could “completely or partially cease gas deliveries” to Ukraine, in ...

JPMorgan Chase Earns 19 Percent Less to Start the Year

April 14th, 2014 (0)
JPMorgan Chase (JPM), the largest but no longer the most profitable U.S. bank, announced a 19 percent decline in first-quarter earnings this morning, with weaker income from trading and sluggish mortgage activity. Shares fell as much as 3.7 percent ...

CySec: acquisition of Administrative Services Providers (ASP) licence

April 14th, 2014 (0)
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec license to operate as Administrative Services Providers (ASP): Profecto Management and Consultancy Limited Equation Corporate Services Ltd ...

Chinese Property Developers Stake Out Shares In Commercial Banks, Intensifying Systemic Risks

April 14th, 2014 (0)
Major Chinese property developers have in recent months been buying increasingly large stakes in regional banks, posing risk that an unravelling in the real estate market could leave both lenders and builders confronting losses big enough to pose a ...

Is Wal-Mart Heading to An Organic Empire To Fuel Its Wild Oats Rollout?

April 14th, 2014 (0)
Wal-Mart’s bold entry into the booming organic food market sets a lofty goal for the company: offering a wide range of products bearing the coveted USDA certified organic seal at stores across the United States. But experts say that ...
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