Search Results for: asia
FCA warns against boiler room clone firm
August 28th, 2014
Financial Conduct Authority (FCA), the British regulator has issued a warning against boiler room “London Capital Group Asia (Clone of FCA authorised firm) / LCGA Fxplatform / LCG Asia / LCG Forex” (www.lcga-fx.com / www.lcga.asia.lid-cn / http://indo.lcga-fx.com / www.fxlcg.com), ...
Gold – Trying to Edge Higher from Support at $1275
August 28th, 2014
Gold for Thursday, August 28, 2014 Over the last couple of days Gold has been enjoying a small rally off the support level at $1275 after spend the best part of the last week resting on support there. In ...
Gold Up Again to $1285 on Softer U.S. Dollar
August 28th, 2014
Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike. ...
Australia 200 – Continuing to Consolidate Around 5620
August 28th, 2014
Australia 200 for Thursday, August 28, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. However since ...
Rosneft gains relief from sanctions
August 28th, 2014
Rosneft, Russia’s largest oil company, has received a new loan from Promsvyazbank to help it weather U.S. and European Union sanctions, and may yet get financial help from the Kremlin. Yet, the assistance doesn’t add up to the amount ...
ECB speculation drives down yields, weighs on euro
August 27th, 2014
Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation. ...
Gold Showing Little Movement After Mixed US Data
August 27th, 2014
Gold is stable on Wednesday, as the pair trades at $1284.27 per ounce in the European session. It’s a quiet day on the release front, with no major releases out of the US. On Tuesday, the Russian and Ukrainian ...
OCBC in Talks With Thai Billionaire on United Engineers
August 27th, 2014
Oversea-Chinese Banking Corp. (OCBC) and its insurance subsidiary are in exclusive talks to sell their stakes in Singapore’s United Engineers Ltd. and its WBL Corp. unit to Thailand’s richest man. Selling the stake would help OCBC, Southeast Asia’s second-largest ...
India Hedge Funds Are World’s Best Performer on ‘Modi, the Hero’
August 27th, 2014
Hedge funds investing in India have become the world’s best performers this year on expectations that Prime Minister Narendra Modi will revive Asia’s third-largest economy. India-focused hedge funds, with a sixth of the $16.5 billion in assets of those ...
Australia 200 – Receiving Some Support Around 5620
August 27th, 2014
Australia 200 for Wednesday, August 27, 2014 The Australian 200 Index has finally been able to surge higher to a new six year high around 5650 late last week before easing off to finish out the week. It has ...
