Search Results for: capital gains
IMF urges action as risks to the world economy rise
March 9th, 2016
Collective action is needed to boost the global economy, with volatile financial markets and low commodity prices creating fresh concerns about its health, the first deputy managing director of the International Monetary Fund (IMF) said on Tuesday. In a ...
Chilean Police Probe Forex Firm Amid Allegations of Fraud
March 9th, 2016
Lawsuit against Santiago-based IM Forex was filed on Monday Lawsuit follows separate probe of AC Inversions last week Chilean police are probing a second firm that was offering high returns through leveraged bets in the foreign exchange market, one ...
London Stock Exchange Group Preliminary Results For The Year Ended 31 December 2015
March 8th, 2016
Unless stated otherwise, all figures in the highlights below relate to performance for 12 months to 31 December 2015 and comparisons with the prior 12 month period (unaudited) Continued delivery of successful strategy – Group strongly positioned to make ...
SEC Charges Rhode Island Agency and Wells Fargo With Fraud in 38 Studios Bond Offering
March 8th, 2016
The Securities and Exchange Commission today charged a Rhode Island agency and its bond underwriter Wells Fargo Securities with defrauding investors in a municipal bond offering to finance startup video game company 38 Studios. The Rhode Island Economic Development ...
Cyprus to Exit From Bailout Program
March 8th, 2016
Country follows Ireland, Spain and Portugal, despite not completing a final task Cyprus will successfully exit from its bailout program this month despite not completing one final task required by its creditors, eurozone finance ministers said Monday. The island-state’s exit ...
U.S. data flow suggests economy regaining steam
March 4th, 2016
The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market. The labor market optimism was, however, dimmed somewhat by a survey on Thursday showing employment ...
Japan’s Negative Interest Rates Are Even Crazier Than They Sound
March 3rd, 2016
Yesterday Japan’s government borrowed money on terms that require the lenders to pay rather than receive interest for ten years. And not only was that bond issue snapped up, it was vastly oversubscribed. This raises a lot of questions, ...
Moody’s cuts China outlook on eve of NPC, cites reform, fiscal risks
March 2nd, 2016
Moody’s downgraded its outlook on Chinese government debt to “negative” from “stable” on Wednesday, citing uncertainty over authorities’ capacity to implement economic reforms, rising government debt and falling reserves. The Moody’s downgrade comes just days before the National People’s ...
Asia mostly higher with Nikkei leading the pack
March 2nd, 2016
Asian markets rose Wednesday, with Japan’s Nikkei 225 index leading the way after a strong finish on Wall Street overnight. The Japanese benchmark index was up 4.26 percent, with the yen hovering near the 114 handle against the dollar, after falling ...
Is the oil crash over? Prices soar 30% in 11 days
March 1st, 2016
Oil has stopped crashing. Investors around the world freaked out when oil prices plummeted to a 13-year low of $26.05 a barrel on February 11. But they are now sitting at $34 a barrel, marking an incredible 30% spike ...
