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Australia 200 – Settles Above 5600

September 1st, 2014 (0)
Australia 200 for Monday, September 1, 2014 The Australian 200 Index has spent the last week consolidating and trading in a very narrow range right around 5620 after enjoying a strong surge higher to a new six year high ...

NATO Set to Ratify Pledge on Joint Defense in Case of Major Cyberattack

September 1st, 2014 (0)
When President Obama meets with other NATO leaders later this week, they are expected to ratify what seems, at first glance, a far-reaching change in the organization’s mission of collective defense: For the first time, a cyberattack on any ...

China banks seek new lending horizons as bad debts rise

September 1st, 2014 (0)
China’s biggest banks are turning their back on mainstay borrowers like manufacturers and courting high growth industries such as healthcare, food and IT in a bid to boost revenue. For the first half of this year, the banks reported ...

CSSF warns against unauthorised firm

August 29th, 2014 (0)
The Commission de Surveillance du Secteur Financier (CSSF) warns the public of the activities of an entity named World Trade Consortium which claims to be established at 25, rue Alcide de Gasperi, L-1745 Luxembourg (website: www.world-trade-consortium.com).   The CSSF informs ...

ASIC publishes first report on corporate finance regulation

August 29th, 2014 (0)
The Australian Securities and Investments Commission (ASIC), has today published the first of a series of regular reports it intends issuing on the regulation of corporate finance issues in Australia. The report, which covers the period January to June ...

Euro zone inflation dips as expected in August

August 29th, 2014 (0)
Euro zone inflation dropped to a fresh five-year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy action. Consumer prices in the 18 countries using the ...

A New American Oil Bonanza

August 29th, 2014 (0)
The United States now accounts for 10% of the world’s oil production. As it sharply curtails imports from countries like Angola and Nigeria, those producers are then compelled to sell their oil to China and other Asian markets at ...

Nation of Privilege Versus Rule of Law

August 29th, 2014 (0)
These days, the word “privilege” has been reduced to a trite buzzword. That’s a shame, because it used to mean more than just being born into advantageous circumstances. The word, which means “private law” in old French, originally referred ...

IMF: Grenada’s Fiscal Consolidation On Track

August 29th, 2014 (0)
The International Monetary Fund (IMF) has said that Grenada has made a strong start in implementing its IMF-backed fiscal consolidation program. The IMF approved in June 2014 a three-year USD21.6m arrangement for Grenada to support the territory’s efforts to ...

HSBC, Nomura Lose Bid to Block U.S. Regulator Lawsuits

August 29th, 2014 (0)
HSBC Holdings Plc (HSBA) and Nomura Holdings Inc. (8604) lost a bid to block claims by a U.S. regulator the banks say were brought too late, clearing the way for a trial of HSBC over questionable mortgage practices. U.S. ...
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