Search Results for: sec
Banks face intensified sanctions probes in U.S.
July 10th, 2014
Following BNP Paribas’ record $8.9 billion in penalties for violating U.S. economic sanctions, federal and state authorities are intensifying investigations of other foreign banks over signs of similar infractions. At least six banks in Germany, France, Italy or Japan ...
Technical Analysis AUD/USD – Runs Into Resistance at 0.9425 Again
July 10th, 2014
Technical Analysis AUD/USD for Thursday, July 10, 2014 The Australian dollar has started this week well slowly edging higher and regaining some of the lost ground from late last week which saw it drop two a two week low ...
Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia
July 9th, 2014
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world’s largest producer of crude oil, most analysts agree. When that happens and by how much, though, has produced disparate ...
GBX Technologies includes TOPFX as Liquidity provider
July 9th, 2014
GBX Technologies Ltd, the Hong Kong-based developer of bespoke foreign exchange technology solutions, is pleased to announce the expansion of its liquidity providers to include TopFx, the global Prime Broker. Authorised and regulated by the Cyprus Securities and Exchange ...
Silicon Valley is moving into Bitcoin
July 9th, 2014
Richard Waters, writing in Financial Times, is reporting that Silicon Valley’s A-Listers seem to be fast climbing onto the Bitcoin bandwagon. More and more of Silicon Valley’s venture capitalists have been queuing up to invest in Bitcoin start-ups. Yesterday, ...
Portugal Bonds Drop With Europe Stocks as Gold Advances
July 9th, 2014
Portugal and Italy led declines in European bonds and stocks dropped while gold climbed. Emerging-market shares fell from a 16-month high. The yield on Portugal’s 10-year bond jumped 19 basis points to 3.84 percent by 9:53 a.m. in London. ...
BOJ may slightly cut economic forecast, policy seen steady
July 9th, 2014
The Bank of Japan may trim its economic growth forecast for the current year next week, sources familiar with its thinking said, reflecting soft exports and a bigger-than-expected slump in household spending after a sales tax hike in April. ...
Samsung Finds It Costly to Keep Up with China
July 9th, 2014
We were warned. Samsung Electronics (005930:KS) is facing tougher competition in the No. 1 market for smartphones—China—and has made it clear that no one should expect much from its latest quarterly results. The world’s largest maker of smartphones expected ...
Juncker faces dilemma over EU tax probe into Grand Duchy
July 9th, 2014
Foot-dragging by Luxembourg over an EU probe into questionable tax deals for multinational corporations has created a potential conflict of interest for the Grand Duchy’s former premier who is set to head the EU’s executive branch. Jean-Claude Juncker, whose ...
Barclays rebuilds top team at investment bank unit
July 9th, 2014
Barclays has reshuffled its investment banking team, promoting people to senior positions in Asia, Europe and the US to fill gaps created when executives left after it announced a sweeping restructuring of the underperforming division. The moves are a ...
