Search Results for: capital gains
Markets mixed as oil plunge resumes
January 13th, 2015
Markets were mixed on Monday as oil resumed its fall. US stocks fell for a second straight trading session as investor confidence was hit by further plunge in oil prices ahead of the start of the fourth-quarter earnings season. ...
Russia’s credit rating likely to be downgraded to junk
January 12th, 2015
Standard & Poor’s is going to revise Russia’s sovereign credit rating with a “negative” outlook. The agency made the decision to revise Russia’s credit in late 2014. According to the agency, the flexibility of Russia’s monetary policy has been declining steadily. ...
Dollar Slips on Wages as Oil Drops; Chinese Stocks Drop
January 12th, 2015
The dollar fell for a second day after an unexpected drop in U.S. wages clouded the outlook for interest rates, and crude oil resumed declines. Billionaire Li Ka-shing’s Cheung Kong Holdings Ltd. surged in Hong Kong after a reorganization, while ...
Bulgarian regulator to fine KPMG over Corpbank audit
January 9th, 2015
A Bulgarian regulator said on Thursday it will fine the global accounting firm KPMG and two of its employees, saying they did not properly vet the books of Corporate Commercial Bank before it was hit by a run on ...
Introduction to Money Laundering
January 7th, 2015
Definition of money laundering Money Laundering is the process by which criminals attempt to conceal the true origin and ownership of the proceeds of their criminal activities. If undertaken successfully, it allows them to maintain control over those proceeds ...
Alibaba Competitor Wanda E-commerce Raises $161M At $3B Valuation
January 5th, 2015
China-based Wanda E-commerce, which hopes to position itself as a rival against Alibaba, has raised one billion RMB (about $161 million) in funding from investment funds Centec Networks and Xude Rendao. Wanda E-commerce says this quadruples its valuation to 20 billion ...
Friday January 2: OSB Daily Technical Analysis – Commodities
January 2nd, 2015
OSB Daily Technical Analysis for January 2, 2015 Gold sold off on Wednesday after testing the $1200 handle which is yet again proving too resistive. Gold in consolidation looking for further direction with little impetus for either side. Medium ...
Friday January 2: OSB Daily Technical Analysis – Currency pairs
January 2nd, 2015
OSB Daily Technical Analysis for January 2, 2015 EURUSD hit new two year lows on the last trading session of the year. Market now almost at the bottom of its longer term range of 1.40-1.20. A break beneath the ...
Dollar Extends Rally on Fed View; Euro Slumps to Two-Year Low
January 2nd, 2015
The dollar extended gains against its major peers after posting its best year since at least 2005 amid speculation the Federal Reserve will raise interest rates this year. The euro slumped to the lowest level in more than two ...
Wednesday December 31: OSB Daily Technical Analysis – Indices
December 31st, 2014
OSB Daily Technical Analysis for December 31, 2014 The S&P 500 sold off briefly on Tuesday giving up much of the gains from the previous session. Market appears to be well supported in the 2080 area with bias to ...