Search Results for: assets
Shale Drillers Add Oil Rigs for Longest Streak in a Year
August 8th, 2016
Permian Basin oil rigs rise by 5, Eagle Ford adds 4 rigs U.S. oil producers bring back rigs for sixth consecutive week U.S. oil drillers added rigs for the sixth-straight week, marking the longest period of expansion in a ...
Asian stocks jump to one-year highs as yield hunt spreads
August 8th, 2016
Asian stocks rose to one-year highs and the Australian dollar climbed on Monday as investors’ hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and ultra-easy easy global monetary policy conditions. While the strong July ...
Rattled investors seek shining path to gold
August 5th, 2016
Gold prices have surged nearly 30 percent this year, proving the commodity to be a commonly favored safe-haven for investors in the face of increased market volatility and uncertainty. On Wednesday, gold reached its highest level in 33 months ...
New global tax rules are ‘just a sticking plaster’
August 5th, 2016
New international rules to tackle global tax avoidance will not work properly until tax secrecy is swept away, a report released by the All Party Parliamentary Group (APPG) on responsible tax has found. The failure to introduce full transparency ...
Bank of England cuts Bank Rate to 0.25%
August 4th, 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending 3 August 2016, the MPC voted for ...
JPMorgan to use computerized technology in dealer to dealer market
August 4th, 2016
Three-year deal is for the dealer-to-dealer Treasury market Virtu is one of the world’s biggest electronic trading firms JPMorgan Chase & Co. will use a computerized trading firm’s technology to access and trade in the U.S. Treasury market, marking ...
QuantX and its owner ordered to pay more than $1 Million for Forex Fraud
August 4th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order requiring Jonathan A. Parker and QuantX Capital, LLC (QuantX), both of Marietta, Georgia, jointly and severally to pay a $680,000 civil monetary penalty and restitution totaling $341,500 and imposing permanent trading and ...
Euro-Area Output Unexpectedly Picks Up as Brexit Qualms Fade
August 3rd, 2016
Purchasing Managers’ Index rises to 53.2 in July from 53.1 Gauge signals little contagion from U.K. vote, Markit says Euro-area output unexpectedly accelerated to the highest in six months, signaling that manufacturers and services providers are shrugging off concerns ...
Greek Government Reports Nearly EU 1 Billion in Tax Evasion Fines, Asset Seizures
August 3rd, 2016
The Government of Greece has opened hundreds of tax-evasion cases against citizens suspected of hiding assets outside of country borders, already assessing some EU 810 million in fines from suspected scofflaws, according to Special Financial Prosecutor Panagiotis Athanasiou. The government, which began ...
Bitcoin Sinks After Hackers Steal $65 Million From Exchange
August 3rd, 2016
Hong Kong-based Bitfinex halts trading, deposits, withdrawals Digital currency is down almost 20 percent this week Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million of the digital currency. Bitcoin slumped 5.5 ...
