Market

bonds

Pimco runs risks in turning up the ‘vol’

27/06/2014(0)
It was a tantalising introduction. Bill Gross, Pimco’s “Bond King” and founder of the world’s largest fixed income fund, promised to impart the secrets of his extraordinary success to ... Read More
argentine

Argentina Tests U.S. Court Order by Posting Interest Payment

27/06/2014(0)
Argentina is challenging U.S. Courts to enforce a ruling that will block $539 million of an interest payment and trigger a new bond default. Economy Minister Axel Kicillof said ... Read More
oil

Symmetry between prices of gold and crude oil coming apart

27/06/2014(0)
A five-year symmetry between international prices of gold and crude oil is coming apart with investors drifting away from the yellow metal as their risk aversion diminishes. Historically, both ... Read More
PayPal-006

Flaw found in PayPal two-step security

26/06/2014(0)
Researchers have discovered a hole in an extra security measure used by PayPal, the eBay-owned payments company, to protect customers’ online accounts. Duo Security, a Michigan-based cyber security company, ... Read More
West Texas Oil

US approves some exports of light oil

26/06/2014(0)
As the oil industry pushes the Obama administration to lift a longstanding ban on the export of crude oil, the Commerce Department has granted two Texas companies permits to ... Read More
eu-flag

EU Bans Imports from Russia-Annexed Crimea

25/06/2014(0)
The European Union has banned imports from Crimea, the Ukrainian area annexed by Russia, saying it would never recognise Russia’s illegal military intervention in Ukraine. The Council of European ... Read More
Bank Machine

Singapore to Require Banks to Hold Liquid Assets for Crises

25/06/2014(0)
Banks in Singapore will soon be required to keep certain amounts of easy-to-sell assets on hand in the country to support themselves in times of stress. The new liquidity ... Read More
oil

U.S. Ruling Loosens Four-Decade Ban On Oil Exports

25/06/2014(0)
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban ... Read More
Japan Business

Japan reveals plans to cut corporate tax to below 30%

24/06/2014(0)
Japan has unveiled plans to cut the country’s corporate tax to below 30% in several stages starting next year. The move is part of Prime Minister Shinzo Abe’s plan ... Read More
canada

Canada Amends National Law to Regulate Bitcoin Businesses

24/06/2014(0)
The Parliament of Canada has passed a bill that amends the country’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act of 2000 to extend to both foreign and ... Read More
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