Given the fact that the foreign exchange market is by far the largest most liquid market in the world – with around US$5.3 billion traded daily according to the latest Bank for International Settlements’ (‘BIS’) triennial survey – many day traders are not surprisingly taking up FX trading...
New Zealand financial authorities have given Indian investigators a large amount of tax data about Indians stashing black money in New Zealand, the Press Trust of India (PTI) reports...
Online media firm BuzzFeed has raised $50m (£30m) of new funding from venture capital firm Andreessen Horowitz, which sees the US startup becoming a “preeminent media company” in the future. The round takes BuzzFeed’s total funding to $96...
Suppliers of tech giant Apple Inc have started producing new iPads, according to people familiar with the matter, as the company works to reinvigorate sales of the tablet computers after two straight quarters of declines...
The days of paying different prices for the same stock in Hong Kong and Shanghai are numbered, says Morgan Stanley...
The foreign exchange market (FX) is the largest, most liquid market in the world with around US$5.3 billion traded daily according to the latest Bank for International Settlements’ (BIS) triennial survey...
You don’t often hear a chief executive say that analysts are too bullish on his company’s prospects. So my interest was piqued when I saw the boss of Aberdeen Asset Management (LSE: ADN), Martin Gilbert, do just that on Friday...
Almost, actually. She was granted patent no. US2292387 on this day in 1942, along with composer George Antheil, for a ‘frequency hopping communication system’, that was intended to control torpedoes without the enemy being able to discover what frequency was being used...
In a warning issued by the National Bank of the Kyrgyz Republic the users in the country have been warned against Bitcoin and other similar virtual currencies...
The Bank of America has hired Sascha Szyfman as the Area Vice President in its Global Technology and Operations division. Previously, Szyfman worked for three years at FXDD, based in New York...
Deutsche Bank faces an array of investigations that ranges from allegations of manipulating the Libor benchmark rate to unfairly favoring some investors in so-called dark pools and has already paid more than 5 billion euros over the past two years in settlements and fines...
Sheldon Lavin, the chairman of the Aurora, Illinois meat producer at the center of a reported safety scandal that has dragged in McDonald’s in mainland China, Hong Kong and Japan, has arrived in Shanghai and is due to join a press conference with other senior company officials this afternoon, gov...
Wall Street plunged, after the Standard $ Poor’s 500 Index expanded a record, as Amazon.com Inc. and Visa Inc. reported earnings that missed projections and durable goods data propelled fears that corporate investment still is volatile. Amazon declined 9...
The rumor is that eventually we're going to see Google Voice merged completely into Hangouts, and that's getting even closer to becoming reality. You can now make phone calls via Hangouts directly from the Google Voice website, no Google+ necessary...
In order to attract more international investment and help reduce its dependence on oil revenue, Saudi Arabia is planning to open its $530 billion stock market to foreigners...
The best year for new stock offerings since the tech bubble is in the books, and industry pros are expecting another strong year in 2014. Returns may not top 30% again, but in terms of activity the outlook is bright as long as the broader market continues to make progress...
McDonald’s, stun by a reported food safety scandal at meat supplier OSI Group , is still only offering a limited menu in Shanghai today...
The largest Brazilian broker XP Investimentos is holding its first trading championship - Campeonato de Traders 1ª Edição. The event is arranged with the help of MetaQuotes Software Corp. XP Investimentos has recently started offering MetaTrader 5 trading platform to 80 000 of their clients...
Despite the 'challenging quarter', eBay profits rose. After the US stock market closed, shares in the company were up by more than 1.5% in trading. Although revenue grew by 13% to $4.4bn, that was less than hoped...
Leaders of the five BRICS nations agreed on the structure of a $50 billion development bank by granting China its headquarters and India its first rotating presidency. Brazil, Russia and South Africa were given posts or units in the new bank...
