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MOEX Q1 Net Profit

May 27th, 2014 (0)
Moscow Exchange (MOEX) today announces its financial results for the first quarter (1Q) 2014 according to International Financial Reporting Standards (IFRS). Strong earnings growth was driven by fees and commissions generated by increased trading volumes across markets, particularly the ...

UK interest rate could settle at 3%

May 26th, 2014 (0)
The official UK interest rate could settle at an average of 3% in a few years, the outgoing deputy governor of the Bank of England has predicted. Charlie Bean suggested it was likely to reach that level between 2017 ...

ASIC bans convicted Victorian finance broker from credit activities

May 23rd, 2014 (0)
The Australian Securities and Investments Commission (ASIC), has permanently banned Victorian finance broker, Ms Kieu Thi-Thanh Huynh, from engaging in credit activities after she was convicted of serious fraud offences. Ms Huynh has also been disqualified her from managing ...

Euro hits three-month low after German data surprise

May 23rd, 2014 (0)
Asian shares hit one-year highs on Friday and bond yields were on track to notch up a broad-based rise on the week, but European markets softened after a closely watched measure of German business confidence came in weaker than ...

Hong Kong court rejects EY’s case that China law protects mainland audit papers

May 23rd, 2014 (0)
A Hong Kong court on Friday rejected auditor EY’s contention that Chinese law prohibits the mainland partner of the firm previously known as Ernst & Young from passing on documents related to a former China client. The ruling, the ...

EUR/USD Daily Chart

May 23rd, 2014 (0)
Pair’s Outlook The currency pair is moving further away from the resistances. Right now it is testing the weekly S1 at 1.3642, but is expected to decline even deeper, despite the majority of the monthly studies being bullish. The ...

How Google overtook Apple to become the world’s most valuable brand

May 22nd, 2014 (0)
Google has surpassed Apple as the world’s most valuable brand, according to MillwardBrown’s 2014 BrandZ ranking. Apple, which had been #1 in the prior three years, fell 20% in brand value to an estimated $147.9 billion amid a “growing perception that ...

EUR/USD Daily Outlook

May 22nd, 2014 (0)
EUR/USD dips through 1.2647 temporary low and intraday bias is back on the downside. Recent development suggests that the larger up trend has completed at 1.3993 on bearish divergence condition in daily MACD, with break of channel support. Further ...

USD/JPY Daily Outlook

May 22nd, 2014 (0)
USD/JPY recovered after dipping to 100.82 and intraday bias is turned neutral first. As long as 102.36 resistance holds, deeper decline is still expected. Break of 100.75 key support will confirm resumption of whole decline from 105.41 and should ...

China’s Lenovo sees 29% jump in full year net profit

May 21st, 2014 (0)
The world’s biggest personal computer maker has reported a 29% jump in full-year earnings while at the same time extending its position as market leader in the PC industry. Lenovo earned a record $817m (£485m) in net profit for ...
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