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Europe Still Has a Mountain of Debt

April 24th, 2014 (0)
There was a time not so long ago when the vast majority of experts agreed that a country could not emerge decisively from a financial crisis unless it solved problems of both “stocks” and “flows” — that is, secured ...

China Stocks Drop to Three-Week Low on IPO Concern; Vanke Gains

April 24th, 2014 (0)
China’s stocks fell to a three-week low, led by technology and small-company shares, on concern new equity sales will divert funds. Property developers rose after Anbang Life Insurance Co. raised its stake in Gemdale Corp. (600383) Risen Energy Co., ...

Insolvencies rocket amid mounting misery for firms

April 24th, 2014 (0)
SCOTTISH corporate insolvencies in the latest full quarter were up 70.6% on the same period of last year, official figures have revealed, and one leading expert predicted the number of failures could climb higher still. The figures, published yesterday ...

FCA appoints two new senior advisers focused on competition and investment banking

April 23rd, 2014 (0)
The British Financial Conduct Authority (FCA), has issued a press release announcing the appointment of two senior advisers as follows: Martin Wheatley, chief executive of the FCA, said of the appointments: “Both David and Gunner come with impressive experience ...

FX Market Trading and Clearing System Schedule Update

April 23rd, 2014 (0)
An updated version of Moscow Exchange”s ASTS FX market trading and clearing system is to come online on 28 April 2014. Testing with the involvement of trading participants will take place on 26 April. The system will be available ...

HKEx Launches First Asian Commodities Contracts

April 23rd, 2014 (0)
Hong Kong Exchanges and Clearing Limited (HKEx) has announced that it plans to launch its commodities business with four futures contracts that will be traded in its derivatives market in Hong Kong. HKEx aims to introduce the contracts – ...

Google’s Stake in $2 Billion Apple-Samsung Trial Revealed

April 23rd, 2014 (0)
Google Inc. (GOOG)’s stake in the outcome of a $2 billion trial over smartphones using its Android operating system was revealed by testimony that the company indemnified Samsung Electronics Co. (005930) against some of Apple Inc. (AAPL)’s patent claims. ...

Puerto Rico woos rich with hefty tax breaks

April 23rd, 2014 (0)
John Paulson is expected to expand his investment in Puerto Rico to $1 billion by the end of next year, as the hedge fund titan leads a growing brigade of wealthy U.S. business owners who are taking advantage of ...

Is the U.S. Shale Boom Going Bust?

April 23rd, 2014 (0)
It’s not surprising that a survey of energy professionals attending the 2014 North American Prospect Expo overwhelmingly identified “U.S. energy independence” as the trend most likely to gain momentum this year. Like any number of politicians and pundits, these ...

What’s ahead for Apple’s new CFO, Luca Maestri

April 22nd, 2014 (0)
Apple’s new CFO will have to deal with the tech giant’s massive cash reserves, as well as building a strong finance team in the first 100 days IN JUNE, the world’s largest company by market capitalisation will be getting ...
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