Search Results for: dollar
SEC Announces Asset Freeze Against Alleged EB-5 Fraudster in Seattle Area
August 26th, 2015
The Securities and Exchange Commission today announced an asset freeze obtained against a man in Bellevue, Wash., accused of defrauding Chinese investors seeking U.S. residency through the EB-5 Immigrant Investor Pilot Program by investing in his companies. The SEC ...
Gold Prices Prove Solid as Major Chinese Stock Indices Hit their Lowest Level since December
August 26th, 2015
Gold prices quickly touched a new 7-week high of $1169 per ounce on Tuesday morning in London, while European and US stock market indices bounced back after the shockwaves sent by the recent sharp decline of Chinese equities. Silver fell ...
Oil recovers but still ends near 6-1/2-year lows
August 26th, 2015
U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. crude last week Coming Up: EIA inventory data on Wednesday ...
Gold settles lower; other metals slide
August 25th, 2015
Palladium slides nearly 5%; copper still at 6-year low Gold futures failed to score any gains on Monday, despite its reputation as a refuge in times of market turmoil, while other metals took a hit on the latest rout ...
Global tech IPO market surges 57% in second quarter
August 25th, 2015
The global technology IPO market continued to exhibit its strength in the second quarter, with 36 IPOs and total proceeds of US$6.2 billion, according to PwC’s Global Technology IPO Review. The number of offerings marked a 57% increase over the ...
Baker & McKenzie announces global revenues of $2.43 billion
August 25th, 2015
Revenues up 2.2% Total productivity hits an all time high – up 5% Record number of partner promotions – over 40% are women Good growth expected in Fiscal Year 2016 Baker & McKenzie, the world’s premier global law firm, ...
Dow plunges after rollercoaster trading on ‘Black Monday’ for global markets
August 25th, 2015
Dow’s 586-point drop puts it on track for its worst month since February 2009 as White House seeks to reassure investors that US economy can withstand volatility Hundreds of billions of dollars were wiped off global stocks on Monday ...
E-Coin Launches Bitcoin Debit Card Affiliate Program
August 24th, 2015
E-coin specializes in bridging the gap between the traditional financial institutions and Bitcoin by allowing Bitcoin users to store Bitcoin safely with its multi-sig wallet service, as well as allowing users to load Bitcoin onto debit cards that can be used ...
India has forex reserves to stabilise currency volatility: RBI
August 24th, 2015
Forex reserves of around $380 billion would be used if needed to subdue the volatility in the currency market, said RBI Governor On a day when the rupee and stock market went down Reserve Bank of India (RBI) Governor Raghuram Rajan said on ...
FTSE 100 at lowest since 2013 as markets panic over China’s downfall on ‘Black Monday’
August 24th, 2015
The FTSE 100 fell below the 6,000 mark for the first time since 2013 as global stock markets have responded to the free fall of shares in Asia on what has been dubbed ‘Black Monday’. After the Shanghai Composite, ...
