Search Results for: Bank of Israel
Europe rebounds as Ukraine rebels hand over black boxes
July 22nd, 2014
European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine’s pro-Russian separatists over the downed Malaysian Airlines plane. After days of uncertainty, a train carrying the remains of some ...
Asian shares push higher, shrug off global tension
July 22nd, 2014
Asian stocks touched a three-year peak on Tuesday, despite lingering concerns about crises in Ukraine and Gaza, while the yen eased against the dollar and the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 percent to ...
Julius Baer expects to settle U.S. tax case in months
July 21st, 2014
Julius Baer (BAER.VX) expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank’s role in helping wealthy Americans evade their taxes, its chief executive said on Monday. ...
Europe Stocks Fall With Russia, Commodites; Rupiah Gains
July 21st, 2014
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...
Australia, NZ dollars end week on soft note as risk aversion returns
July 18th, 2014
The Australian and New Zealand dollars nursed losses against the yen on Friday, having fallen sharply overnight as a flare-up in geopolitical tensions saw investors switch into the safe-haven Japanese currency. The Aussie bought 94.84 yen, after falling as ...
Asian shares track Wall St. lower, yen gains
July 11th, 2014
Asian shares recouped early losses on Friday as sentiment in the region proved resilient to Portuguese bank concerns amid signs offshore funds were returning to emerging world assets. MSCI’s broadest index of Asia-Pacific shares outside Japan recovered to be ...
Tel Aviv acquires the first Bitcoin ATM in Middle East
June 11th, 2014
The first Bitcoin ATM will be launched in the Middle East and more precisely in Tel Aviv . Bitcoin is a peer-to-peer virtual currency that allows for transactions between users without any third party or middle man. The “cash-out ...
Solicitor struck off after bribery conviction
May 20th, 2014
A solicitor has been struck off following his conviction for bribery charges in the US. The Solicitors Disciplinary Tribunal (SDT) struck off Jeffrey Tesler last week (Tuesday 13 May). The SDT heard that Mr Tesler was jailed for 21 ...
Vivendi Selling SFR to Altice in $23 Billion Deal, Hard-Fought Win for Drahi
April 7th, 2014
Billionaire Patrick Drahi’s Altice (ATC) SA won the bidding contest for Vivendi SA (VIV)’s French phone unit, beating a government-backed offer from Bouygues SA (EN) by agreeing to a deal valued at more than 17 billion euros ($23 billion). ...
