Search Results for: assets
Palladium Above $870 on Concerns over Supply Constraints
July 9th, 2014
Palladium climbed for a 13th session on Wednesday to trade near its highest since 2001 on concerns over supply constraints in major producer South Africa, while strong demand for the metal from the auto industry also underpinned prices. Gold ...
Technical Analysis Gold – Indecision Continues Under $1320
July 9th, 2014
Technical Analysis Gold for Wednesday, July 9, 2014 After pushing higher to a three month high above $1330 last week, gold has spent the last now few days easing lower back to below $1320 and is showing more signs ...
Gibraltar lawyers jailed over £40m client money scam
July 9th, 2014
Three brothers who ran one of Gibraltar’s largest law firms were jailed last week for fraud, four years after their firm, Marrache & Co, was put into liquidation. Benjamin, Isaac and Solomon Marrache were found guilty of fraud last ...
Swiss banks threaten freeze on US accounts over tax evasion
July 8th, 2014
Several Swiss banks have threatened to freeze American clients’ accounts unless they prove they are, or take steps to become, tax compliant, as the country’s lenders hurry to resolve a tax evasion dispute with the US. The moves – ...
Judge Denies Madoff Trustee Recovery of Foreign Transfers
July 8th, 2014
Transfers made abroad between a foreign transferor and a foreign transferee cannot be recovered by the trustee administering the estate of Bernard L. Madoff Investment Securities, a federal judge has ruled. Dealing a win to foreign banks and investment ...
Gold Below $1320 as Speculation Shifts to U.S. Rates
July 8th, 2014
Gold fell on Monday as the dollar firmed on speculation over an earlier-than-expected hike in U.S. interest rates following strong job data, which dented investment demand for the metal. Gold has been under pressure since data on Thursday showed ...
Technical Analysis Gold – Indecision Resurfaces Under $1320
July 8th, 2014
Technical Analysis Gold for Tuesday, July 8, 2014 After pushing higher to a three month high above $1330 last week, gold has now just eased a little lower back to below $1320 and is showing more signs of indecision again ...
Top banks face wait for detail of new buffer to protect against bailouts
July 8th, 2014
According to a global banking regulator, details of a new buffer of bonds to shield taxpayers from having to rescue a big bank won’t become clear for at least a year or more. Lenders like Goldman Sachs, Deutsche Bank ...
Top investor Neil Woodford buys into AstraZeneca
July 7th, 2014
Britain’s highest-profile fund manager, Neil Woodford, has begun building a stake in AstraZeneca in a move that could scupper rival Pfizer’s chances of buying the pharmaceutical giant later this year. AstraZeneca rejected a £69bn bid from the maker of ...
Piketty with Chinese Characteristics
July 4th, 2014
In his bestselling book Capital in the Twenty-First Century, Thomas Piketty argues that capitalism aggravates inequality through several mechanisms, all of which are based on the notion that r (the return on capital) falls less quickly than g (growth ...
