Search Results for: fed
Gold demand rises 8% in third quarter
November 12th, 2015
Global gold demand rose 8% in the third quarter, boosted by buying from retail investors in key regions scooping up cheaper metal after it fell in price, said the World Gold Council Thursday. Consumption of the precious metal was ...
HSBC says the blockchain could be used for ‘helicopter money’
November 10th, 2015
Plenty of investment banks have been expressing an interest in the blockchain. It’s the underlying technology that allows cryptocurrencies like bitcoin to exist. The blockchain a sort of ledger that tracks transactions without an intermediary like a bank, and it’s ...
Asia Pacific stock markets continue slide as Chinese inflation weakens
November 10th, 2015
Investors have taken fright at the prospect that the US Fed could raise interest rates at the point when China is experiencing persistently weak demand Stock markets in Asia Pacific have continued to slide as the spectre of higher borrowing ...
CFTC Releases Annual Enforcement Results for Fiscal Year 2015
November 9th, 2015
Agency Filed 69 Enforcement Cases and Achieved a Record $3.14 Billion in Civil Monetary Penalties Ordered The U.S. Commodity Futures Trading Commission (CFTC) today released the agency’s enforcement results for fiscal year (FY) 2015, which included a record $3.144 ...
Former Rabobank traders convicted in U.S. over Libor rigging
November 9th, 2015
A federal jury found two former traders at Rabobank guilty of fraud on Thursday in the first U.S. trial arising from a global investigation into manipulation of Libor, the leading benchmark for pricing financial transactions around the world. ...
Nikkei, Shanghai outperform lackluster Asia
November 9th, 2015
Asian stocks diverged on Monday, with markets in China and Japan leaping to their highest levels since August 21 while other regional bourses wobbled after below-view trade figures released at the weekend from China. October exports fell 6.9 percent from a ...
SEC warns for fraudsters who may attempt to manipulate share prices by using social media
November 6th, 2015
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...
Ex-JPMorgan Broker Admits Stealing $22 Million for Gambling
November 6th, 2015
Michael Oppenheim pleads guilty in Manhattan federal court Ex-broker also used investor money to pay bills, trade stocks A former JPMorgan Chase & Co. broker admitted he stole more than $22 million from customer accounts and used the money to gamble ...
Trans-Pacific Partnership: vast trade deal made public
November 6th, 2015
The long-awaited text of the landmark trade deal called the Trans-Pacific Partnership (TPP) has been released to the public for the first time. The TPP is one of the world’s most extensive trade agreements, bringing together 12 Pacific rim ...
The end-point in financial credit
November 6th, 2015
Since the 1980s, markets have had to adapt to a world of infinite credit. Of course, this credit has not been available to everyone: it has been principally deployed in favour of governments, financial markets, and big business. It ...
