CME Group Volume Averaged 15.8 Million Contracts per Day in February 2015, Up 13 Percent from February 2014
March 4th, 2015
Delivered highest February average daily volume ever Reached record energy average daily volume of 2.4 million contracts; bolstered by records in WTI crude oil, Brent crude oil, and heating oil Increased interest rate average daily volume 27 percent CME ...
China freezes accounts of metals-trading giant Trafigura
March 4th, 2015
Chinese police have frozen two bank accounts held by Trafigura, one of the world’s three largest private oil and metals traders, as the authorities investigate an alleged $32 million gasoline-trade fraud, according to three sources. Police have held Beijing-based ...
Japan’s Solar Power Growth Falters as Utilities Balk
March 4th, 2015
Rice fields, golf courses and even a disused airport runway. All over the southern Japanese region of Kyushu, unexpected places gleam with electricity-producing solar panels. Solar use in Japan has exploded over the last two years as part of an ambitious ...
Statement by Dr. Raghuram G Rajan, Governor, on Monetary Policy
March 4th, 2015
It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that ““Key to further easing are data that confirm continuing ...
Indirect tax rates continue to soar across the globe as governments devise new levies
March 3rd, 2015
Value-added tax (VAT) rates surge to a high of 21.6% in EU Member States More countries levying VAT, particularly in emerging markets Governments introduce new taxes on health products and e-commerce As VAT rates continue to rise, governments are ...
ECB meeting preview: What traders should expect from it
March 3rd, 2015
DESPITE a range of economic indicators suggesting that the Eurozone economy has finally begun to turn a corner, markets had an uncertain start to the week. Although the currency bloc’s unemployment rate slipped to 11.2 per cent in January ...
Japan’s shares at fresh 15-year high on weaker yen
February 27th, 2015
Shares on Japan’s main index were up on Friday morning due to a weaker yen against the US dollar and despite a raft of mostly disappointing economic figures. In Tokyo, the benchmark Nikkei 225 was up 0.24% in early trade at ...
Events – Conferences – Seminars
February 26th, 2015
Stay updated with coming Live Events, Conferences and Seminars for Forex Market, Accounting, Legal Banking and in general on Business, Finance and Investments
EU unveils plans for historic single energy market
February 26th, 2015
The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros. The proposals by the European Commission, the executive ...
Citigroup unit probed by more authorities over money laundering
February 26th, 2015
Citigroup Inc (C.N) said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit. (Read more: International and regional bodies that combat money laundering ) The Financial Crimes Enforcement Network, a unit of ...
