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Pace of U.S. home resales rises to eight-month high

July 22nd, 2014 (0)
U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump. The National Association of Realtors said on Tuesday existing home sales increased 2.6 percent ...

Here’s Yet Another Problem in Platinum Supply

July 22nd, 2014 (0)
It’s no secret the platinum mining industry has been suffering of late. With mineworker strikes in South Africa having caused significant losses of production. And now there’s another problem. In the world’s third-largest platinum producing nation: Zimbabwe. The news ...

Saudi Arabian stock market to open to foreign investors

July 22nd, 2014 (0)
Saudi Arabia’s stock market will open up to foreign investors for the first time, the country has announced. The move, which should happen in the first half of 2015, sparked a 3% rise in the Tadawul index in early ...

JPMorgan begins to provide consumer help under $13 billion settlement

July 22nd, 2014 (0)
JPMorgan Chase & Co has begun to provide the debt forgiveness and other help to struggling homeowners under last year’s $13 billion accord with federal and state authorities, though it has only turned over a handful of details, a ...

LinkedIn hires former Yahoo legal chief as its new general counsel

July 22nd, 2014 (0)
LinkedIn has hired former Yahoo general counsel Michael Callahan to head the global professional networking site’s legal function. Callahan will take on the mantle of vice president, general counsel and secretary on 28 July, reporting into the company’s CEO ...

IA ANALYSIS: FATCA is stranger than fiction

July 22nd, 2014 (0)
FATCA was implemented worldwide at the beginning of this month, but the impact (and costs) are only now just beginning to filter through to the financial services community. Part of the US Hiring Incentives to Restore Employment Act (HIRE), ...

Government debt increased to 93.9% of GDP in euro area and to 88.0% in EU28

July 22nd, 2014 (0)
At the end of the first quarter of 2014, the government debt to GDP ratio in the euro area (EA18) stood at 93.9%, compared with 92.7% at the end of the fourth quarter of 2013. This increase comes after ...

Europe rebounds as Ukraine rebels hand over black boxes

July 22nd, 2014 (0)
European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine’s pro-Russian separatists over the downed Malaysian Airlines plane. After days of uncertainty, a train carrying the remains of some ...

Yahoo buys app analytics firm Flurry

July 22nd, 2014 (0)
Yahoo has acquired an app analytics firm, Flurry, to help boost its advertising revenue from smartphones. Flurry helps app developers analyse data about their users and deliver more personalised ads to them. Some of Yahoo’s rivals have also bought ...

Hong Kong Leads Asian Equities Higher

July 22nd, 2014 (0)
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...
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