Search Results for: Fed
Nasdaq nears all-time highs as exuberance yields to reason
February 20th, 2015
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Valuations, as measured by what investors are willing to ...
HSBC whistleblower spills Lynch evidence to Senate
February 19th, 2015
Massive drug, terrorism scandal ropes in Obama’s AG nominee The Senate Judiciary Committee on Wednesday conducted a two-hour session with HSBC whistleblower John Cruz in its investigation of attorney general nominee Loretta Lynch’s role in the Obama administration’s decision ...
Greek proposal lifts markets, despite German rejection
February 19th, 2015
A Greek proposal to extend its bailout and not to undermine agreed fiscal targets lifted European stocks to seven-year highs on Thursday and cut government borrowing costs across the euro zone, even though Germany rejected it. Despite the German rejection, Greece’s wording of ...
CySec: Withdraw of CIF authorisation
February 19th, 2015
The Cyprus Securities and Exchange Commission (CySec) the Cypriot financial regulatory authority, has issued an announcement informing that: On its meeting of 2 February 2015, has decided, pursuant, of section 25(1)(c) of the Investment Services and Activities and Regulated Markets ...
ECB Set to Release Meeting Minutes for the First Time Ever
February 19th, 2015
The European Central Bank is about to lift the veil on how it pushed through unprecedented stimulus against the wishes of some of its members. In a revamp of its communications, the ECB will on Thursday publish a summary ...
Euronext celebrates the bond listing of the Belgian Debt Agency on its Euronext Brussels market
February 18th, 2015
Euronext Brussels announces the successful admission to listing of the 15 years benchmark Government bonds issued by the Belgian Debt Agency, responsible for public debt management in Belgium. The Debt Agency’s main objective is to minimize the financial costs ...
Asia shares rise on reduced Greek pessimism, dollar firm
February 18th, 2015
Asian equities rose on Wednesday as pessimism over the Greek debt saga receded somewhat, while the dollar held firm against the yen after spiking up on higher U.S. debt yields. Equities in Europe were also expected to gain. Spreadbetters ...
New Report Says Computer Criminals Stole Millions From Banks
February 16th, 2015
Banks in Russia, U.S. and Eastern European may Have Lost $1 Billion, Report Says A Russian-speaking gang of computer criminals has stolen millions of dollars since late 2013 from banks in Russia, Eastern Europe and the U.S., according to ...
Japan crawls out of recession, but GDP misses (Video)
February 16th, 2015
Japan‘s economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in much weaker than expected. Gross domestic product grew an annualized 2.2 percent, helped by a rebound in ...
Asian shares jump on Ukraine ceasefire, Greek hopes
February 13th, 2015
Asian shares soared on Friday on news of a ceasefire accord in Ukraine, while Sweden’s surprise move to cut its main rate into negative territory and hopes of a resolution between debt-strapped Greece and its creditors burnished risk appetite. MSCI’s broadest index ...