Archives
Angola Is Moving Into Oil’s Big Leagues As it Leaves Decades Of War Behind
April 17th, 2014
After decades of sporadic growth and political turmoil, Angola is on the verge of catapulting to the top ranks of the world’s energy economy following major deep-water production investments by several top global oil companies. On Monday, France’s Total ...
Europe Stock-Index Futures Little Changed on Fed Remarks
April 17th, 2014
European stock-index futures were little changed, with equities heading for a weekly gain, as Federal Reserve Chair Janet Yellen reiterated the central bank will continue to support the economy. U.S. index futures were little changed, while Asian shares rose. ...
CySec announcement on legal enquiries
April 16th, 2014
The Cyprus Securities and Exchange Commission (CySec), has issued a press release following its previous announcements of 1.11.2007 and 5.5.2010, and reminding all interested parties that, although it is an administrative body and has no obligation to provide legal ...
ACB Founder Pleads Not Guilty to Vietnam Fraud, Tax Dodge
April 16th, 2014
Nguyen Duc Kien, a founder of Asia Commercial Bank, pleaded not guilty to fraudulently taking assets, tax evasion and other crimes that partly caused losses the Vietnamese lender estimates at 8.67 trillion dong ($411 million). The People’s Court of ...
European Stocks Rise Before U.S. Data as Tesco Rallies
April 16th, 2014
European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased. U.S. index futures and Asian shares climbed. Tesco Plc advanced the most since 2012 ...
CALDB suspends NSW joint liquidator for six months
April 16th, 2014
The Companies Auditors and Liquidators Disciplinary Board (CALDB) has ordered the suspension of the registration of Mr William James Hamilton as a liquidator for six months following an application by ASIC. The suspension will take effect from 3 June ...
ASIC: man pleads guilty to $260,000 fraud
April 16th, 2014
The Australian Securities and Investments Commission has issued a press release informing the investors that a NSW Central Coast man has pleaded guilty to a $260,000 fraud. William John Jones, of Blue Haven, appeared before Downing Street Local Court ...
Greek 10-year yields rise day after five-year sale
April 11th, 2014
Greek 10-year government bond yields rose on Friday, underperforming other euro zone debt, a day after Greece returned to the market with a well received five-year bond sale. Ten-year yields stood 4 basis points higher at 6.018 percent. Greece ...
Turkey keeps YouTube block despite court rulings
April 10th, 2014
Turkish authorities defied court orders and reaffirmed a ban on YouTube imposed after the posting of illicit recordings of top secret security talks that was cited by Prime Minister Tayyip Erdogan as part of a “dirty campaign” to topple ...
NY bank regulator Lawsky seeks documents from Credit Suisse: source
April 7th, 2014
Benjamin Lawsky, New York’s financial services superintendent, has sought documents from Credit Suisse to examine whether Switzerland’s second-biggest bank lied to New York authorities about engineering tax shelters, said a source familiar with the matter. Switzerland’s private banking model ...
