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Commerzbank building

Commerzbank may pay $600 million-$800 million to settle U.S. probe

10/07/2014(0)
German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions, sources ... Read More
Fed-

Fed, Confident in Economy, Details End of Bond-Buying Program

10/07/2014(0)
The Federal Reserve said on Wednesday that it planned to stop adding to its bond holdings in October, in a sign of its confidence that the economy is gaining ... Read More
ibm

IBM to bet $3 billion over five years hoping for breakthrough in chips

10/07/2014(0)
IBM announced on Wednesday it will invest $3 billion over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help ... Read More
bank of america image

Holder won’t meet with BofA CEO as mortgage talks stall

10/07/2014(0)
Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes ... Read More
Apache Corp drill for crude oil

Shale boom confounds forecasts as U.S. set to pass Russia, Saudi Arabia

09/07/2014(0)
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 ... Read More
virtual currency bitcoin

Silicon Valley is moving into Bitcoin

09/07/2014(0)
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 ... Read More
portugal-flag

Portugal Bonds Drop With Europe Stocks as Gold Advances

09/07/2014(0)
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 ... Read More
Ukraine's president, center, and Colonel-General Valery Geletey, Ukrain's defence minister, second right, examine weapons and amunition captured from pro-Russian militants, during a visit to the army's headquarters

Stagflation for HSBC Means Russian Ruble Seen Weakening

09/07/2014(0)
The weakest pace of economic growth in five years combined with the fastest inflation (RUCPIYOY) in three are prompting the most-accurate ruble forecaster to predict steeper declines for the ... Read More
Bank of Japan building

BOJ may slightly cut economic forecast, policy seen steady

09/07/2014(0)
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 ... Read More
samsung_logo

Samsung Finds It Costly to Keep Up with China

09/07/2014(0)
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 ... Read More
Broker Cyprus TopFX