Search Results for: dollar

Japan Keeps Faith in Weaker Yen as Economy Struggles

September 10th, 2014 (0)
Facing the prospect of the first growth-free fiscal year since the 2009 global recession, Japan’s policy makers are keeping faith that a weaker exchange rate will help the world’s third-largest economy. While the yen’s 26 percent slide against the ...

OSB Daily Technical Analysis – Commodities

September 10th, 2014 (0)
OSB Daily Technical Analysis for September 10, 2014 Gold had another decline closing near the lows of the day and below the coveted $1250 level. This is bearish for Gold and we are likely heading to the $1240 area ...

Hertz CEO steps down for accounting errors

September 9th, 2014 (0)
Mark Frissora has resigned as chief executive of Hertz Global Holdings Inc, citing personal reasons, as pressure from investors mounts following a series of accounting errors. Hertz’s shares rose as much as 5 percent after the No. 2 U.S. ...

GSK China consumer healthcare unit linked to DOJ probe in 2012

September 9th, 2014 (0)
A U.S. anti-bribery probe into GlaxoSmithKline Plc (GSK.L) touched on the firm’s Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker’s compliance problems in China could go wider than previously revealed. GSK confirmed it had conducted ...

Wall St middle-aged bankers stuck in squeezed middle

September 9th, 2014 (0)
It is Wall Street’s “squeezed middle”: a large cohort of bankers in their thirties and forties are fretting that promotions to their banks’ top tier are becoming harder to secure. Many of them accept that being stuck on a ...

Shifting Polls in Scotland Send Investors Rushing for Shelter

September 9th, 2014 (0)
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...

Investigation Reveals Surprising Way Foreign Governments Buy Influence In D.C.

September 9th, 2014 (0)
An investigation by The New York Times has found that several prominent Washington, D.C. think tanks have regularly taken donations from foreign entities in exchange for using their influence over U.S. policy decisions. The damning report, published in the ...

Gold Steady Below $1270 on Weak Jobs Data

September 8th, 2014 (0)
Gold extended gains to a second session on Monday, boosted by a disappointing U.S. non-farm payrolls report that eased concerns about an early interest rate increase, with investors also eyeing developments in the Ukraine crisis. Spot gold had ticked ...

Asian shares tentative, sterling plunges

September 8th, 2014 (0)
Sterling declined on Monday and British shares look set to underperform their peers in Europe after a poll found rising support for Scottish independence. European shares are expected to enjoy a firm tone on the whole, following gains on ...

China to Overtake USA by 2024

September 8th, 2014 (0)
China is set to overtake the U.S. as the world’s largest economy in U.S. dollar terms over the next decade, according to a new report by IHS Economics. IHS measured the size of China’s economy in U.S. dollar terms, ...
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