Search Results for: asia
Euro Slips With U.S. Futures on Greece as Treasuries Gain
January 26th, 2015
The euro slipped with U.S. equity-index futures, while Treasuries rallied as Greek voters handed victory to a party that’s pledged to renegotiate the terms of an international bailout. Asian stocks dropped with crude oil and industrial metals. The 19-nation ...
Oil jumps as Saudi king’s death feeds market uncertainty
January 23rd, 2015
Oil prices jumped in Asian trading on Friday as news of the death of Saudi Arabia’s King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades. Abdullah died early on Friday and ...
Euro Near 11-Year Low as JGBs Plunge Before ECB
January 22nd, 2015
The euro traded near an 11-year low against the dollar and Japanese 10-year yields jumped the most since 2013 amid speculation the European Central Bank will boost stimulus through asset purchases. U.S. and European equity-index futures climbed and Hong ...
Bonds, shares, gold supported ahead of expected ECB action
January 21st, 2015
European shares held close to a seven-year high on Wednesday and Asian shares hit a six-week peak investors bet the European Central Bank would unveil a stimulus drive to boost the flagging euro zone economy. Expectations that the ECB ...
Bitcoin dealer sentenced to four years in US prison
January 21st, 2015
Robert Faiella, 55, and an accomplice were charged with conspiracy to commit money laundering and running an unlicensed money transmitting business. A New York court Tuesday (Jan 20) handed a four-year prison sentence to a Bitcoin exchange operator who ...
World Economic Outlook (WEO) UPDATE
January 20th, 2015
Cross Currents Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment ...
Gold is the New Cash: Weak Currencies Cause Gold Prices to Soar
January 20th, 2015
Gold prices have soared on the recent wave of global volatility with stock market crash in China and the Swiss national currency turmoil, exceeding $1,300-1,320/oz. One of the top-valued metal commodities and a universal monetary equivalent, gold, is heading ...
Swiss Franc Trade Is Said to Wipe Out Everest’s Main Fund
January 19th, 2015
Marko Dimitrijevic made a smart bet in December. The hedge fund manager, wagering the Swiss franc would fall, profited after voters there rejected a plan to have the central bank hold a fifth of its assets in gold. For ...
The first stage in the washing cycle – Placement (video)
January 19th, 2015
Placement Placement is the first stage of the money laundering process. It is the process of placing, through deposits or other means, unlawful cash proceeds into traditional financial institutions. At this stage cash derived from criminal activity is infused ...
APX and IRESS announce connectivity to new trading platform
January 15th, 2015
Asia Pacific Stock Exchange (APX) and IRESS (ASX: IRE) today announced that IRESS will integrate support for the APX market into its well recognised trading platforms. This will provide order management and real time market data support for the ...
