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Asian shares and euro slip as Greece fails to reach debt deal

15/06/2015(0)
Asian shares fell and the euro skidded in Asian trade on Monday, after Greece‘s talks with lenders to avert a default ended with no agreement and Wall Street logged ... Read More
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IMF Urges Fed to Wait on Interest Rates Until 2016

05/06/2015(0)
The International Monetary Fund on Thursday slashed its forecasts for U.S. economic growth, calling for the Federal Reserve to hold off its first rate increase in nearly a decade ... Read More
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US economy expanded between April and May says Federal Reserve

04/06/2015(0)
The US Federal Reserve said the economy grew between April and May in its latest assessment of the economy, rebounding from a contraction in the first quarter. In the ... Read More
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Federal Reserve proposes adding certain investment grade general obligation state and local municipal bonds

25/05/2015(0)
The Federal Reserve Board on Thursday proposed adding certain general obligation state and municipal bonds to the range of assets a banking organization may use to satisfy regulatory requirements ... Read More
Asian stocks

Asian shares little changed, Fed views hurt some markets

25/05/2015(0)
*CPI data, Yellen speech revive U.S. rate increase expectations * Nikkei underpinned by upbeat export data, weaker yen * Crude oil steadies after Friday’s losses ahead of U.S. holiday  Asian shares ... Read More
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Dollar eases after U.S. data disappoints, awaits Yellen

22/05/2015(0)
* Dollar index hovers below recent 2-week high * For the week, dollar index up more than 2 pct * BOJ keeps policy unchanged as expected * Caution reigns ... Read More
japanese stocks

Japan shares set fresh 15-year high, dollar holds gains after Fed minutes

21/05/2015(0)
Japanese shares hit a new 15-year high on Thursday on hopes that its long-moribund economy was finally coming to life, but weak China factory activity capped stock market gains ... Read More
money

Six Banks Pay $5.8 Billion, Five Plead Guilty to Market Rigging

20/05/2015(0)
Six of the world’s biggest banks will pay $5.8 billion and five of them agreed to plead guilty to charges tied to a currency-rigging probe as they seek to ... Read More
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UBS to Plead Guilty on Libor, Fined by Fed in Currency Probe

20/05/2015(0)
UBS Group AG said its main unit will plead guilty to fraud in the U.S. for manipulating benchmark interest rates and pay $203 million in fresh fines after the ... Read More
Dollar

No Money, No Growth

18/05/2015(0)
Last August, the US Fed stopped creating new currency out of thin air and dumping it into the banking system. Which is another way of saying the US money ... Read More
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