Search Results for: fed
More than 23,000 investors lost money in a Forex scam
March 30th, 2017
Police in Malaysia finally took down the VenusFX forex scheme syndicate that swindled RM80mil from more than 23,000 victims. Federal Commercial Crime Investigation Department director Comm Datuk Acryl Sani Abdullah Sani said investigations showed that VenusFX had cheated a ...
Asia Stocks Fall
March 30th, 2017
Oil surged Wednesday as inventories rose less than forecast Australian shares gain while Japanese, Chinese stocks retreat Asian stocks fell as investors approached the end of the quarter with the Trump administration attempting to move ahead with its legislative ...
Sterling drops as May signs Brexit trigger for process to begin
March 29th, 2017
U.K.-EU ties will start to unravel around 1:30pm in Brussels May signals ’fierce determination’ to get good Brexit deal Sterling fell in early Asian trading as investors brace for the start of the two-year negotiation for the U.K. to ...
China court rules for Apple in patent case
March 28th, 2017
The Beijing IP Court ruled on Monday that Apple’s iPhone 6 and iPhone 6 Plus do not infringe on patents held by the Shenzhen Baili Marketing Services Co., a Chinese manufacturer which is now “defunct.” Baili alleged that Apple ...
Japan, Australia, Hong Kong, South Korea stock indexes gain
March 28th, 2017
Japan, Australia, Hong Kong, South Korea stock indexes gain Yen higher after earlier loss, Australian bonds continue rally The selloff in riskier assets eased after U.S. stocks staged a recovery, with most Asian equity markets resuming their upward trajectories ...
100 investors lost more than $15 million in stock fraud
March 27th, 2017
The office of the U.S. Attorney for the Southern District of New York has issued an announcement to inform that investment adviser and broker found guilty in Manhattan Federal Court of securities fraud, wire fraud, conspiracy and aggravated identity ...
Dollar, S&P 500 Futures Drop on Health-Care Flop: Markets Wrap
March 27th, 2017
Yen gains, while dollar is close to erasing post-Trump rally Japanese, Hong Kong equities retreat while gold climbs The dollar and U.S. equity futures accelerated Friday’s declines and gold climbed with bonds as investors shunned risk assets amid increased skepticism ...
CFPB fines credit reporting agency for deceiving consumers
March 24th, 2017
CFPB Fines Experian $3 Million for Deceiving Consumers in Marketing Credit Scores Credit Reporting Company Misstated How Credit Scores It Sold Were Used The Consumer Financial Protection Bureau (CFPB) took action against Experian and its subsidiaries for deceiving consumers ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
Yen lost 0.4 percent to dollar in Tokyo after eight days of gains
March 24th, 2017
U.S. futures gain as Republicans prepare for health-care vote Japanese equities lead gains in Asia Pacific stock markets Caution during U.S. trading hours abated in Asia as the yen weakened and stocks climbed. Japan’s Topix index recovered some of ...
