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Global Markets Rocked as Traders See Likelihood of Trump Victory

November 9th, 2016 (0)
S&P 500 futures tumble by 5% limit as Mexican peso plunges Gold jump by most since 2009, surging with yen, Treasuries Global markets were thrown into disarray as results from the U.S. election indicated that Donald Trump may prevail ...

Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day

November 8th, 2016 (0)
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...

European stock markets rallied

November 7th, 2016 (0)
European stock markets rallied with the UK’s FTSE 100 jumping nearly 103 points or 1.5% to 6,793 as investors expressed relief at the FBI’s announcement that it would take no action against Hillary Clinton over emails linked to the Democrat ...

Chinese investors are buying bitcoin as the yuan continues to fall

November 7th, 2016 (0)
Chinese investors are buying bitcoin as the yuan continues to fall since bitcoin allows them to store funds outside of China, according to The Wall Street Journal. The activity has renewed fears of government enforcement action against bitcoin, which happened when ...

Bank fined $215 Million by DFS for violating Anti Money Laundering Laws

November 7th, 2016 (0)
DFS Investigation Uncovers Intentional Actions to Obscure U.S. Dollar Clearing Transactions, Including Counterfeit and Falsified Invoices involving China and Russia and Omission of Information Regarding Possible U.S. Dollar Trades with Sanctioned Counterparties Bank Management Silenced and Severely Curtailed the ...

Analysts predicts Gold price to rise on back of US election

November 7th, 2016 (0)
Gold, the traditional store of wealth and a so-called safe haven, is set for a price rise on the back of the US presidential election, regardless of who wins. Some analysts are putting a $US100 premium on it if ...

No matter who wins US Election markets are betting on one truly safe investment

November 7th, 2016 (0)
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan. Markets had long been pricing in a ...

Asian Shares Gain as FBI Clears Clinton

November 7th, 2016 (0)
Equity markets rallied, a sign that investors believe a victory for Democratic presidential hopeful Hillary Clinton is now more likely Tuesday Asian share markets were broadly higher Monday, with the dollar surging after the U.S. Federal Bureau of Investigation stood ...

Trade Taxes On IT Products Falling, WTO Says

November 4th, 2016 (0)
A large majority of countries that have agreed to the newly expanded Information Technology Agreement have implemented their tariff commitments under the deal, the World Trade Organization announced on November 1. The original ITA was concluded in 1996. The ...

USA based International Law Firm opens Taiwan Office

November 2nd, 2016 (0)
Duane Morris LLP announced today that it has opened an office in Taipei, Taiwan (Republic of China)—Duane Morris & Selvam Taiwan, a foreign legal affairs law firm—after securing approval from the Ministry of Justice. Through its new presence in ...
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