Recently there has been a lot of talk of Europe’s ‘recovery’. The medicine may have nearly killed the patient, but the hope was that spending cuts and political reforms would eventually turn French, Italians and Greeks into Germans...
The Reserve Bank's elevated rate structure may be painful in the short run, but will help in the long-term by containing inflation, Governor Raghuram Rajan said today...
Wall Street is always find new ideas to trade and invest. But some surprisingly simple and weird investments can give impressive results. In article by Bloomberg Markets Magazine, Devin Banerjee says about some of the strange but highest-performing investments in the past couple of years...
Economic activity in Japan plunged – GDP dropped by 1.7%. That’s the worst fall seen since the days of the financial crisis in 2009...
Fidessa group has announced that five Hong Kong-based brokers, including, ICBC International Securities, and Standard Chartered Securities (HK), will be using Fidessa for the upcoming Shanghai-Hong Kong Stock Connect (China Connect) link when it goes live in mid-October...
All that glitters isn't gold—at least for the investors who are eschewing the precious metal in favor of the companies that mine it. After years spent in the shadow of gold, miners are back in favor, driven by stronger earnings and cuts to mining costs...
The nascent growth of the Islamic financial industry in Africa is dominated by Islamic banking and Sukuk segments. The Islamic asset management and Takaful segments currently account for a small share, but offer considerable potential for growth in the near future...
The majority of those who keep an eye on world billionaires and their stories of success, undoubtedly know that there are also extraodinary women in the world, who managed to gather their wealth themselves. Not all of you, however, notice their extrodinary beauty behind the wealth...
“Our ratings on Arab Mediterranean banks have been dragged down since the end of 2010 by the deteriorating creditworthiness of their respective sovereigns, especially given the concentration of government paper that banks carry on their balance sheets,” said Standard & Poor's...
Amazon has reportedly halted pre-orders of some Disney films, in what looks like another contract dispute following the online retailer's row with a book publisher. Physical copies of titles such as Maleficent and Captain America: The Winter Soldier were unavailable for order on Amazon.com...
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...
