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Yahoo ‘set to invest millions’ in Snapchat

October 6th, 2014 (0)
Yahoo is close to investing millions of dollars in mobile messaging service Snapchat, which may value the start-up at about $10bn (£6.2bn), reports say. Snapchat allows users to send images and videos that “disappear” seconds after being viewed. The ...

Monday October 6: OSB Daily Technical Analysis- Indices

October 6th, 2014 (0)
OSB Daily Technical Analysis for October 6, 2014 S&P 500 broke out on Friday possibly commencing a new up leg. A close above the 50 DMA at 1970 likely to confirm this and open up the way towards a ...

Asian markets rebound on positive US jobs data

October 6th, 2014 (0)
Asian markets rebounded from a string of declines on Monday after stronger-than-expected US payroll data. US Labor Department figures showed 248,000 jobs were created in September and the unemployment rate dropped to a six-year low of 5.9%. Japan’s Nikkei ...

When the carnival is over: Australia’s surprising G20 legacy

October 6th, 2014 (0)
The genesis of the G20 is a tale of two crises. The first — the Asian financial crisis — led to the creation of the G20 as a meeting of finance ministers and central bank governors from 19 of ...

London ranks most popular destination for workers

October 6th, 2014 (0)
London becomes the most popular city in the world to work in, according to an international survey of more than 200,000 people, with nearly one in six of those questioned wanting to move to the British capital to secure ...

Overview: Greek Budget, Europe’s Nominees and I.M.F. and World Bank Meetings

October 6th, 2014 (0)
Greece will unveil its 2015 draft budget, hearings for vice-presidential nominees for the European Commission will be held, and the World Bank and I.M.F. open annual meetings in Washington. Greece is set to unveil its draft budget for 2015 ...

KPMG Wins 2014 International Accounting Award for Sustainability

October 3rd, 2014 (0)
KPMG International has won the prestigious 2014 International Accounting Bulletin (IAB) Award for Sustainable Firm of the Year for a third consecutive year. Citing KPMG’s “strong commitment to running a sustainable business,” IAB highlighted KPMG’s collaboration with Enactus, which ...

Mario Draghi: ECB to start buying covered bonds this month

October 3rd, 2014 (0)
Mario Draghi, the president of the ECB, has said the Bank will be prepared to take on below investment grade asset-backed securities (to BBB-), opening the door to Greek and Cypriot banks. The central bank will start buying covered ...

Traders went from confusion to opportunity as Gross exit sank in

October 3rd, 2014 (0)
As bond traders began what they thought would be a quiet day last Friday, a simple headline crossed their screens: “William H. Gross joins Janus Capital.” “The question was, ‘Is it THAT William H. Gross?'” said Lou Brien, a ...

Greg Medcraft of ASIC re-elected IOSCO Board Chair

October 3rd, 2014 (0)
The International Organization of Securities Commissions (IOSCO) today re-elected Mr. Greg Medcraft as Chairman of the IOSCO Board. Mr. Medcraft was re-elected at the inaugural meeting of the newly constituted Board, during the IOSCO Annual Conference in Rio de ...
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