Search Results for: capital gains
China says will persist with crackdown on forex irregularities
July 28th, 2017
China will maintain a crack down on forex irregularities to ensure stability in the currency market and the broader economy, the country’s forex regulator said on Friday, in a sign Beijing will continue to keep a tight leash on ...
How can the Fed possibly unwind QE?
July 21st, 2017
There are currently two important items on the Fed’s wish list. The first is to restore interest rates to more normal levels, and the second is to unwind the Fed’s balance sheet, which has expanded since the great financial ...
Morgan Stanley reported second quarter earnings well above expectations
July 20th, 2017
Morgan Stanley shares jump after earnings, revenue easily beat the Street Morgan Stanley reported second quarter earnings Wednesday that soundly topped expectations, helped by an increase in stock trading revenues and profits from its wealth management business. Earnings per ...
The main moves in markets: Dollar remains at the weakest level; Global bonds climb
July 19th, 2017
Global bonds climb as U.S. equities eke out fresh record highs Dollar remains at the weakest level in nearly a year Asian stocks advanced and futures pointed to higher starts to U.K. and U.S. equity trading as Treasuries steadied ...
Poverty in Italy triples over decade as economy slows
July 17th, 2017
The number of Italians living in absolute poverty reached its highest level for more than ten years in 2016, according to a report from the Italian National Institute of Statistics ISTAT. According to the agency, the number of absolute ...
Dutch Authority for the Financial Markets fined a company for market manipulation
July 12th, 2017
The Dutch Authority for the Financial Markets (AFM) has imposed an administrative fine of € 10,000 on the Spanish company Lexon Capital S.L. (Lexon). The fine was imposed because Lexon manipulated the prices of four equity funds that are ...
John McAfee settles Intel legal action over name
July 11th, 2017
John McAfee, known for the anti-virus software bearing his surname, has settled legal action with technology giant Intel over the commercial use of his name. The chip-maker had warned Mr McAfee against renaming his current company – MGT Capital ...
DV Trading ordered to pay a $5 Million penalty
June 30th, 2017
CFTC Orders Rosenthal Collins Capital Markets LLC, Now Known as DV Trading LLC, to Pay a Civil Penalty of $5 Million for Engaging in Illegal Wash Sales Designed to Generate Exchange Rebate Fees Former RCCM Trader Brandon Elsasser also ...
The dollar extended its losses
June 30th, 2017
Dollar despairs on hawkish central banks, Asia stocks join global slump The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, ...
Oil and Gas Company and Top Finance Executives Charged with Accounting Fraud
June 29th, 2017
The Securities and Exchange Commission (SEC) charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting fraud. The SEC’s complaint alleges that Penn West Petroleum Ltd., which ...
