Search Results for: sec
Asian shares wary before Obama speech, dollar soars vs yen
September 11th, 2014
Asian share market sentiment was cautious on Thursday after U.S. President Barack Obama vowed to fight Islamic State militants, while the dollar pushed to fresh six-year highs against the yen. Chinese inflation data pointing to an economy losing momentum ...
OSB Daily Technical Analysis – Currency pairs
September 11th, 2014
OSB Daily Technical Analysis for September 11, 2014 EUR/USD Mixed day for the EURUSD as it hovers around the 1.29 handle remaining within its recent range of support at 1.2850 and resistance at 1.2965. Consolidation and some range bound ...
BRICS, banking on development
September 11th, 2014
The creation of the BRICS New Development Bank (NDB) to finance infrastructure and sustainable development projects in emerging economies is a landmark achievement. Developing nations have lost faith in the current system with its strict conditions on development finance ...
BP May Owe Anglers $585 Million After Oil Spill
September 11th, 2014
People who fish recreationally in the Gulf of Mexico may be entitled to up $585 million in compensation due to lost fishing opportunities following the 2010 Deepwater Horizon oil spill. In the case of the BP spill, the money ...
Investors are sizing up the value of Alibaba IPO
September 11th, 2014
he New York debut of Alibaba shares later this month will likely place the company among the 10 most valuable technology firms traded in the U.S. Whether China’s No. 1 e-commerce firm lands in the top five will depend ...
China Hits Record Oversees Investments in 2013
September 10th, 2014
China was the world’s third largest investor in 2013 for the second year running, according to state news agency Xinhua. Outbound direct investment (ODI) from China reached a record high of $108bn (£66.98bn) last year, a 22.8% rise on ...
Bonds Starting to Cause Concern for U.S. Stocks
September 10th, 2014
The bond market is starting to give the stock market agita, and focus could remain on interest rates Wednesday as traders try to handicap the Fed’s next move. A report from the San Francisco Fed staff, released Monday, injected ...
U.S. Charges Belize Agents Linked to Cynk’s Stock Surge
September 10th, 2014
Two men working out of the same Belize building as the penny-stock company Cynk Technology Corp. (CYNK), which surged to a market value of more than $6 billion for an hour in July, were among six people accused by ...
Zulutrade fined by CFTC
September 10th, 2014
The U.S. Commodity Futures Trading Commission (CFTC) announced the filing and simultaneous settlement of charges against Zulutrade, Inc., a CFTC-registered Introducing Broker located in Piraeus, Greece, for failure to diligently supervise activities relating to its business as a CFTC ...
Belize Firm Charged in $500 Million Tax-Evasion Scheme
September 10th, 2014
IPC Management Services LLC, a Belize-based investment firm, and its founder were accused of a $500 million scheme to launder money and hide investments as part of a U.S. crackdown on tax evasion. Robert Bandfield, a U.S. citizen, was ...
