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Asian Stocks Swing From Gain to Loss on Earnings Outlook

April 29th, 2014 (1)
Asian stocks swung between gains and losses as investors weighed corporate earnings and after U.S. equities advanced. China Petroleum & Chemical Corp. slid 1.3 percent in Hong Kong after Asia’s biggest refiner posted first-quarter profit that missed analyst estimates. ...

Military pact between U.S and Philippines

April 28th, 2014 (0)
US President Barack Obama says that a new US-Philippine military pact will promote stability in the region. The deal, signed in Manila hours before Mr Obama touched down, allows a bigger US military presence in the country. Mr Obama ...

China opens first forex trading centre on border with Vietnam

April 28th, 2014 (0)
China has opened a currency trading center, the first of its kind in the country, on the China- Vietnam border to end rampant illegal private forex trading. The ASEAN (Association of Southeast Asian Nations) Currency Business Center, will allow ...

GE Battles for Alstom as Siemens Wins French Support

April 28th, 2014 (0)
Jeffrey Immelt is trying to defend General Electric Co. (GE)’s largest-ever acquisition, after French officials imperiled the attempt by urging Alstom SA (ALO) to consider a rival offer from Germany’s Siemens AG. (SIE) The chief executive officer of GE ...

CySec: regarding fx financial instruments

April 25th, 2014 (0)
The Cyprus Securities and Exchange Commission (CySec), has issued a press release informing the Cyprus Investment Firms (‘the CIFs’) about the following: 1. Concerns have been raised about the lack of harmonisation between the EU Member States on where ...

What Obama and Abe Didn’t Talk About

April 25th, 2014 (0)
As New York Times columnist Paul Krugman recently reminded readers, the dirtiest word an economist can call you is “Japanese.” Swedes must be stewing with regret for giving Krugman that Nobel Prize, after one of his columns likened the ...

UK SMEs are neglected at the critical growth stage, says new report

April 25th, 2014 (0)
Old Street Silicon Valley-style business ‘clusters’ vital for growth. Local Enterprise Partnerships not as effective as predecessor, say SMEs Initiatives aimed at helping the UK’s small and medium sized enterprises (SMEs) are failing at the critical growth stage of ...

FCA Said to Observe Banks’ London Gold-Fixing Calls

April 25th, 2014 (0)
Regulators are stepping up their scrutiny of how gold prices are set, with officials from Britain’s Financial Conduct Authority visiting Societe Generale SA (GLE) to observe the so-called London fixing process, two people with knowledge of the matter said. ...

HMRC doubles Gift Aid investigations

April 24th, 2014 (0)
THE NUMBER of investigations undertaken by HM Revenue & Customs into Gift Aid claims more than doubled over the past year, raising an additional £6m. Figures obtained by Top 50 firm Wilkins Kennedy show HMRC carried out 1,057 checks ...

HKEx and Minsheng sign MOU

April 24th, 2014 (0)
Hong Kong Exchanges and Clearing Limited (HKEx) and the Hong Kong branch of China Minsheng Banking Corp, Ltd (Minsheng) today (Wednesday) signed a memorandum of understanding (MOU) for strategic cooperation on solutions for market users and product development. The ...
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