Archives
China Manufacturing Rebounds
September 23rd, 2014
A Chinese manufacturing gauge unexpectedly increased this month, suggesting export demand is helping the economy withstand a property slump. The preliminary Purchasing Managers’ Index from HSBC Holdings Plc and Markit Economics was at 50.5, matching the highest estimates in ...
US SEC gives largest-ever Whistleblower Award of more than $30M
September 23rd, 2014
The U.S. Securities and Exchange Commission, or SEC, announced Monday that it will give out the largest-ever whistleblower award to an anonymous tipster who lives outside the country. The whistleblower will receive more than $30 million for providing crucial ...
FCA gives another fine to Barclays
September 23rd, 2014
The Financial Conduct Authority has imposed another fine to Barclays. As a result, Barclays is expected to be stung today with a £38m fine for failing to ensure adequate protection of clients’ funds. In particular, the fine relates to ...
OSB Daily Technical Analysis- Indices
September 23rd, 2014
OSB Daily Technical Analysis for September 23, 2014 S&P 500 declined on Monday and closed just above the 20 DMA. Recent up leg likely taking a breather for now and possibly to grind away sideways in the next couple ...
OSB Daily Technical Analysis- Commodities
September 23rd, 2014
OSB Daily Technical Analysis for September 23, 2014 Gold December 14 Gold found support at the $1210 area which suggests some support at this area. Some consolidation and a possible bounce likely but ultimately Gold is in a bear ...
Obama announces US crackdown on inversion tax ‘loophole’
September 23rd, 2014
The White House has announced a crackdown on tax avoidance deals known as inversions. The practice involves a US firm merging with a firm in a country with a lower tax rate and has become popular over recent years. But ...
Greenpeace Now Accepts Bitcoin
September 23rd, 2014
Completely independent organization Greenpeace announced today that it now accepts donations in bitcoin, becoming the latest charitable institution to adopt the digital currency into its operations. Greenpeace devotes its efforts to ensuring a “healthy planet for current and future ...
Standard Oil heirs join movement to divest In Fossil Fuels
September 23rd, 2014
The movement against investing in fossil fuels has reached a critical mass, with more than 800 individuals and institutions promising to rid their portfolios of $50 billion worth of investments in non-renewable fuels. On Sept. 22, the Rockefeller family ...
Spain: a new destination for Chinese Investors
September 23rd, 2014
Strengthening commercial ties will be on the agenda when Spain’s prime minister, Mariano Rajoy, makes his first state visit to China. The purchase of the 25-story Edificio España by Mr. Wang’s conglomerate, the Dalian Wanda Group, for 265 million ...
German Companies continue their business activity
September 23rd, 2014
A rare bright spot in the European economy in recent years, many of the biggest German companies have begun capitalizing on their strength, striking big deals for overseas competitors. Germany’s businesses have been the rare bright spot in the ...
