Archives
Monday September 29: OSB Daily Technical Analysis- Indices
September 29th, 2014
OSB Daily Technical Analysis for September 29, 2014 S&P 500 close below 50 DMA finding support at 1960 level. Further support below at 1950. Resistance at 1980 level. Consolidation and bias to the upside remains intact for now. Dow 30 Inside ...
Monday September 29: OSB Daily Technical Analysis- Commodities
September 29th, 2014
OSB Daily Technical Analysis for September 29, 2014 Gold intraday bounce back on Friday with a test of the $1230 level. Market appears to forming a bottom at the $1215 level. Some range bound action likely at these levels. Silver Positive ...
Monday September 29:OSB Daily Technical Analysis- Currency pairs
September 29th, 2014
OSB Daily Technical Analysis for September 29, 2014 EUR/USD Downside momentum dominating EURUSD. Close below 1.2700 handle extends downside to support at 1.2625-35. Likely medium term target in the 1.2500 area. Pair oversold with some bounce possible in the meanwhile. EUR/GBP Intraday day ...
Japan’s Daiichi Sankyo to acquire US biopharma Ambit Biosciences
September 29th, 2014
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said. The ...
SoftBank seeks to buy DreamWorks Animation
September 29th, 2014
Japanese cell provider aims to acquire Hollywood studio. SoftBank Corp. is reportedly in talks to buy Hollywood studio DreamWorks Animation, home of Shrek, Madagascar and How to Train Your Dragon. The Tokyo-based wireless carrier, according to The Hollywood Reporter, ...
Cambodia sees a growth in consumerism
September 29th, 2014
Though poverty is still rife in the countryside, an urban boom and robust growth fueled by garment manufacturing for brands such as Nike (NKE.N) and GAP (GPS.N) has given rise to a growing consumer class that earns triple the ...
Illegal Irish corporate tax deals for Apple
September 29th, 2014
Preliminary findings of an investigation into tax deals have found Apple Inc.(AAPL.O) being accused of benefiting from illicit state aid in Ireland after striking illegal deals with Irish authorities and will have to face Brussels’ law. Details of the probe, which ...
Swedish regulator warns against unauthorised firm
September 26th, 2014
The Swedish Financial Supervisory Authority (Finansinspektionen) has today published this statement in order to warn investors against dealing with unauthorised firm. Harrison & Bradley Financial Group , with headquarters in Osaka, Japan, has not received authorisation from Finansinspektionen and therefore ...
Chinese firms may struggle to surface in Europe
September 26th, 2014
With Frankfurt likely out of bounds for Chinese company flotations after a series of corporate problems, their advisers would be forgiven for seeking alternative capital-raising venues around Europe. They will probably find it tough going. Last week’s announcement by ...
Accountant jailed for £2m ‘Ponzi’ scheme
September 26th, 2014
The accountant, Geoffrey Langdale, 63, who took more than £2m from a group of investors in a so-called “Ponzi scheme” has been jailed. Geoffrey Langdale admitted deception and fraud charges at Bradford Crown Court. He was accused of taking sums ranging ...
