Search Results for: central banks
U.S. Stock Futures Are Little Changed Before Output Data
September 2nd, 2014
U.S. stock-index futures were little changed, after the Standard & Poor’s 500 Index recorded its biggest monthly gain since February, before data that may show manufacturing in the world’s biggest economy continued to expand in August. Apple Inc. and ...
U.S. Index Futures Little Changed With S&P 500 at Record
August 27th, 2014
U.S. stock futures were little changed, after the Standard & Poor’s 500 Index closed above 2,000 for the first time, as Tiffany & Co. (TIF) climbed while Smith & Wesson Holding Corp. slumped on earnings projections. Futures on the ...
S&P 500 index over 2,000 for first time
August 26th, 2014
US shares hit a record high yesterday, with the S&P 500 index breaking the 2,000-point mark during trading for the first time in its history. Global investors have piled into American stocks, pumped up by cheap money from central ...
Digital vs. Virtual Currencies
August 25th, 2014
There’s a lot of misunderstanding around the terms “virtual” and “digital,” and people often mistakenly use them interchangeably. The reality is that virtual currencies are a type of digital currency, meaning that all virtual currencies are digital, but the ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
Asia stocks rose on Wall St. rally, dollar firm after rebound
August 11th, 2014
Asian stocks rose on Monday as tensions eased slightly in Ukraine, while the dollar held steady against the safe-haven yen after rebounding sharply late last week. Spreadbetters expected the upbeat momentum for equities to continue into Europe, with Britain’s ...
Single Euro Payments Area makes major changes to retail changes
August 1st, 2014
The European Central Bank (ECB) today marks a major milestone in the integration of retail payments in Europe. After 15 years of work, the Single Euro Payments Area (SEPA) has been successfully implemented for credit transfers and direct debits ...
E.C.B. Says It Has Been Hacked in Apparent Blackmail Attempt
July 24th, 2014
The European Central Bank said on Thursday that hackers had broken into an internal database and stolen information about journalists and others, in what appeared to be part of a blackmail scheme. The central bank said that the information ...
Policymakers warned of persistent risks as accountancy bodies publish five-year “healthy check” of the global economic recovery
July 21st, 2014
Threats to long term economic stability remain as countries recover from the global economic crisis, according to a five year review of finance professionals’ economic insights. Any recovery may also be limited to just a few “islands of financial ...
