Latest News

british-pound-sterling-GBP-21-1

Technical Analysis GBP/USD wallows beneath 1.72

17/07/2014(0)
Technical Analysis GBP/USD 17/07/2014 Pair’s Outlook Although at the beginning of the week it seemed that GBP/USD has finally received a strong upward impetus after a test of the ... Read More
fbi

FBI sentences man for a $3.4 Million Forex trading fraud

17/07/2014(0)
The American Federal Bureau of Investigation(FBI) has announced that a Quincy man swindled more than two dozen investors out of $3.4 million in an exotic foreign exchange fraud run ... Read More
The American Apparel factory headquarters is pictured in Los Angeles, California in this file photo taken July 7, 2014. REUTERS/Jonathan Alcorn /files

Hedge fund plans American Apparel future without ex-CEO Charney

17/07/2014(0)
Standard General, a little-known hedge fund that has taken the reins of American Apparel, has mapped out a recovery plan for the retailer with or without its ousted Chief ... Read More
arab_bank

Arab Bank group profit rises by seven per cent

17/07/2014(0)
Arab Bank Group net profit after tax and provisions during the first half of 2014 grew by seven per cent to $414.9 million from $387.3 million in the same ... Read More
ebay

eBay profits rise despite ‘challenging quarter’

17/07/2014(0)
Online retailer eBay reported profits of $676m (£395m) during the period from March to June, beating analyst expectations. Shares in the company were up by more than 1.5% in ... Read More
The logo of Russia's top crude producer Rosneft is seen at the company's headquarters, behind the Kremlin wall, in central Moscow

U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals

17/07/2014(0)
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the ... Read More
A U.S. flag decorates a for-sale sign at a home in the Capitol Hill neighborhood of Washington

U.S. foreclosure activity hits lowest level since 2006: RealtyTrac

17/07/2014(0)
Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the ... Read More
China's Minister of Commerce Gao Hucheng delivers a speech at a China-Britain Business Council dinner in London

China urges U.S. not to abuse trade system for own advantage

17/07/2014(0)
China’s commerce minister urged the United States on Thursday not to abuse the global trade system by imposing duties on Chinese goods to protect its own economy, following a ... Read More
A pedestrian holding an umbrella walks past an electronic board showing the graph of the recent fluctuations of Japan's Nikkei average outside a brokerage in Tokyo February 14, 2014. REUTERS/Yuya Shino

Asia follows Wall St. higher, euro probes lows

17/07/2014(0)
Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the U.S. Federal Reserve is ... Read More
yellen - Fed

Yellen Says Restraining the Fed’s Oversight Would Be a ‘Grave Mistake’

17/07/2014(0)
The Federal Reserve’s chairwoman, Janet L. Yellen, said on Wednesday that it would be a “grave mistake” for Congress to adopt legislation proposed by House Republicans constraining the Fed’s ... Read More
Broker Cyprus TopFX