Friday October 3: OSB Daily Technical Analysis- Indices
October 3rd, 2014
OSB Daily Technical Analysis for October 3, 2014 S&P 500 Volatile day for the S&P 500 which dropped to 1918 intraday. The intraday bounce and yesterday’s action suggests the recent sell-off might be over at least for now. A ...
JPMorgan faces cyber attack with more than 76 Million accounts compromised
October 3rd, 2014
The disclosure by the bank dwarfs earlier estimates that hackers had gained access to roughly one million customer accounts. A cyberattack this summer on JPMorgan Chase compromised the accounts of 76 million households and seven million small businesses, a ...
Why is Cyprus Tourism Failing?
October 2nd, 2014
World tourism is the one industry that does not seem to have been affected by the financial crisis. Tourist arrivals to various global destinations have grown steadily. The numerous upbeat statements of the Cyprus Tourist Organization (CTO) give the ...
Contributing Authors
October 2nd, 2014
Dr Alan Waring Dr Alan Waring has 35 years’ experience in risk management. His several books include Managing Risk (1998), co-authored with Prof Ian Glendon, Practical Systems Thinking (1996) and Corporate Risk and Governance published in May 2013. He has presented numerous conference and ...
Draghi’s Buying Spree for the ECB Might Start Modestly
October 2nd, 2014
When Mario Draghi writes his first check to pay for asset purchases, he might not use much ink. While the European Central Bank president pledged to start a program this month to buy asset-backed securities and covered bonds, initial ...
Australia 200 – Enjoys Some Support Around 5250
October 2nd, 2014
Australia 200 for Thursday, October 2, 2014 For all of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and ...
Natural Gas Causing ‘Detour’ on Road to Cleaner Fuel
October 2nd, 2014
Natural gas is often promoted as a cleaner alternative to gasoline — a kind of “bridge fuel” between emission-heavy energy sources and zero-emission renewables like solar and wind. But a new study casts doubt on the benefits of natural ...
Samsung’s profit hit bottom in third quarter ahead of slow recovery
October 2nd, 2014
Samsung Electronics Co Ltd’s (005930.KS) profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver a revamped product lineup. According to analysts, the world’s largest ...
FMA issues warning about General Equity
September 30th, 2014
The Financial Markets Authority (FMA) has issued a warning about General Equity (previously named General Equity Building Society), a New Zealand registered building society. The warning recommends that the public exercises extreme caution when dealing with General Equity. FMA ...
US becoming largest oil producer in the global economy
September 30th, 2014
The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector. US production of oil and related liquids such as ethane ...
