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Australia & NZ shares slip as commodity prices fall, China data awaited

November 5th, 2014 (0)
Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dragging down Australia’s heavyweight resources sector amid concerns about global demand. The S&P/ASX 200 index fell 29.9 points to 5,490 by 01:20 GMT, ...

China October HSBC Services PMI Falls to 52.9, Three-Month Low

November 5th, 2014 (0)
Growth in China’s services sector weakened further in October as new business cooled, a private survey showed on Wednesday, reinforcing signs of a gradual economic slowdown that could prod the government to unveil fresh stimulus measures. The services purchasing ...

Australia 200 – Near Two Month High Above 5500

November 5th, 2014 (0)
Australia 200 for Wednesday, November 5, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...

Deloitte takes top slot as Scotland’s largest firm

November 5th, 2014 (0)
Deloitte is the largest accountancy firm in Scotland, as measured in The CA magazine’s annual Accountancy Review. The CA is the membership journal of the Institute of Chartered Accountants of Scotland (ICAS). The Accountancy Review charts the largest 30 ...

Islamic State Looks To Mediterranean To Continue Oil Operations

November 5th, 2014 (0)
There is serious concern that the battle for control of Syria by the group calling itself the Islamic State may soon shift from the mountainous region where the fight for the border town of Kobani continues, as fresh troops ...

Accountants Warn Against UK 50 Percent Income Tax Rate

November 5th, 2014 (0)
High earners in the UK would pay 24 percent more tax than the current global average if the Labour Party succeeds in reintroducing the 50 percent tax rate, according to international accountants UHY Hacker Young. According to the firm, ...

BHP to test U.S. oil export ban by selling without formal ruling

November 5th, 2014 (0)
BHP Billiton Ltd is set to be the first company to export lightly processed ultra-light U.S. oil without explicit permission from the government, further testing the limits of an increasingly contentious ban on foreign sales. Eight months after two ...

SAC’s Martoma wins delay of nine-year insider trading prison term

November 5th, 2014 (0)
Mathew Martoma, a former portfolio manager at billionaire Steven A. Cohen’s SAC Capital Advisors LP hedge fund, won an order Tuesday to delay the date he would begin serving a nine-year prison term for insider trading. The 2nd U.S. ...

Introduction to Trading Systems – Part I

November 5th, 2014 (0)
Traders have many wise and pithy sayings which illustrate market wisdom and correct practices that might serve them well in their speculative operations in the markets. Two of those which appear to be in conflict with each other are: ...

Former UBS executive found not guilty in U.S. tax cheating trial

November 4th, 2014 (0)
A former top banker who headed global wealth management at UBS AG (UBSN.VX) (UBS.N) was found not guilty on Monday on U.S. charges of conspiring with wealthy Americans to hide $20 billion in secret offshore accounts. Raoul Weil, the ...
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