Search Results for: Vest Financial
World Bank: Bitcoin is not a “Ponzi Scheme”
November 19th, 2014
Ponzi scheme: A fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Many of the ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
From Gotham City to Fidelity and Canaccord: The unfortunate tale of Quindell’s share price
November 18th, 2014
You’d be forgiven for forgetting the full detail behind the story of Quindell – here, we wrap up the last seven months of headache-inducing stories that kept the insurance outsourcer in the headlines. April 23 – Mysterious short seller Gotham ...
HKEx celebrates the launch of Shanghai-Hong Kong Stock Connect
November 18th, 2014
Hong Kong Exchanges and Clearing Limited (HKEx) hosted a ceremony at its Exhibition Hall today to celebrate the successful launch of Shanghai-Hong Kong Stock Connect with about 500 guests and journalists. The Chief Executive of the Hong Kong Special ...
Warning: Stocks Will Collapse by 50%
November 18th, 2014
It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts. “We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, ...
Moody’s: Cyprus Government Bond Upgraded to B3
November 17th, 2014
Moody’s Investors Service has upgraded Cyprus’ government bond rating to B3 from its previous rating of Caa3. The rating agency has also changed the outlook on the government bond rating to stable from positive and affirmed Cyprus’ Not-Prime (NP) ...
Global markets ‘living on borrowed time’: Wilbur Ross
November 17th, 2014
Global financial markets are living on borrowed time with geopolitical crises and deflationary risks still a concern, private-equity billionaire Wilbur Ross told CNBC. “I think are living on borrowed time because investors have no alternatives,” the chairman and ...
Dubai Parks and Resorts Launches Dhs2.5bn IPO On DFM
November 17th, 2014
Dubai Parks and Resorts, the recently-created subsidiary of Dubai-based developer Meraas Holding, which is building a mega theme park complex in the emirate, announced on Monday that it has launched its Initial Public Offering (IPO) on the Dubai Financial ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
Sydney Yuan Hub Seen Saving Importers 7% in Trading: Currencies
November 17th, 2014
Australian importers are in line for a windfall as speculation grows that Chinese President Xi Jinping will use his visit to the country this week to anoint Sydney as a yuan trading center. The ability to exchange Australian dollars ...
