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Moody’s downgrades Japan on debt worries

December 1st, 2014 (0)
Moody’s Investors Service today downgraded the Government of Japan’s debt rating by one notch to A1 from Aa3. The outlook is stable. The key drivers for the downgrade are the following: Heightened uncertainty over the achievability of fiscal deficit ...

PwC urges SME boosts, innovation in 2015 budget

December 1st, 2014 (0)
Measures to reduce the burdens of small and medium enterprises (SMEs), ease the risk of investing in intellectual property and lessen the strain on the old will help Singapore to lay the foundation for the next 50 years, the ...

Technical Analysis: Currency pairs – Nov 28

November 28th, 2014 (0)
Technical Analysis for November 28, 2014 EUR/USD is tried to target 1.26 after breaking 1.252 line but rebounce to 1.246. Next it will retest the 1.26 level again for the higher movement but a reversal under 1.24 will target ...

EU’s Juncker survives no-confidence vote over tax deals

November 28th, 2014 (0)
The European Commission’s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister. The censure motion in the ...

Asia shares edge higher, oil tumbles to four-year low

November 27th, 2014 (0)
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...

Technical Analysis: Currency pairs – Nov 27

November 27th, 2014 (0)
Technical Analysis for November 27, 2014 EUR/USD is reached the short term target to 1.25 and breaks that level. The next target will be 1.26 but a rebounce back under 1.243 level will target 1.235 next. Chance for reversal ...

Technical Analysis: Currency pairs – Nov 26

November 26th, 2014 (0)
Technical Analysis for November 26, 2014 EUR/USD  is trading around 1.2475 level and trying to break higher ad the next target is 1.25. If it breaks 1.25 then it will target 1.26 next and if it breaks lower under ...

EU will give France and Italy more time to implement tough reforms

November 25th, 2014 (0)
The EU will give France and Italy until next spring to implement tough reforms, delaying a verdict on national overspending originally set for this week, a European source told AFP. The decision, to be approved by the European Commission ...

India Rebounding?

November 25th, 2014 (0)
India has a population of more than 1.2 billion, more than one-sixth of world population. A coupole of decades ago, economic growth started surging in India. For example, the share of the population that was essentially destitute, below the ...

Draghi Urgency for ECB Action Gets Final Reality Check

November 24th, 2014 (0)
Mario Draghi is about to find out just how urgent his call for action has become. One week after the European Central Bank president vowed to revive inflation “as fast as possible,” policy makers will receive a glimpse on ...
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