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Steps for buying gold bullion coins Tuesday, September 7, 2010 @ 3:05PMBuying gold coins and gold bullion coins have become extremely popular as a prudent mode of investment. Investors dealing in stocks and bonds or in Forex and commodities keep gold in their portfolio as a means of diversification. Moreover, with economic ups and downs, price of stock or shares may fall leading to huge loss. But, gold coins have shown a steady rise in its price and are always ...
Transcript: Charting The Success Of Spread Betting Tuesday, September 7, 2010 @ 9:15AMDavid Kuo speaks with Tim Howkins, chief executive of IG Group.
FAO Calls ‘Extraordinary’ Meeting Amid Fears of Wheat Shortage Thursday, September 2, 2010 @ 11:12PMThe United Nations’ Food and Agriculture Organization called a special meeting of policy makers to discuss the global cereal markets as Russia extended a grain-export ban, stoking concern there may be wheat shortages.
Barclays Said to Hire Pratt as Asia Debt Capital Markets Head Thursday, September 2, 2010 @ 10:53PMBarclays Plc hired Jon Pratt as head of debt capital markets for Asia ex-Japan, according to a person familiar with the matter.
Gartner Sees Worldwide Semiconductor Growth of 31.5% in 2010 Wednesday, September 1, 2010 @ 11:35PMGlobal semiconductor sales are predicted to grow by 31.5 percent to $300 billion this year, researcher Gartner said in an e-mailed statement today.
U.S. Consumer Bankruptcies to Reach 1.6 Million, Institute Says Wednesday, September 1, 2010 @ 11:13PMBankruptcy filings by U.S. consumers are projected to reach 1.6 million this year, the executive director of the American Bankruptcy Institute said.
Rusal Swings to Second-Quarter Profit on Prices, Norilsk Stake Monday, August 30, 2010 @ 8:24PMUnited Co. Rusal, the world’s largest aluminum producer, swung to a second-quarter profit from a loss as metal prices climbed and the value of its 25 percent stake in OAO GMK Norilsk Nickel increased.
Japan July Industrial Production Rises 0.3% Vs Month Monday, August 30, 2010 @ 7:29PMJapan’s industrial production rose 0.3 percent in July from June, the Trade Ministry said in Tokyo today. The median estimate of 27 economists surveyed by Bloomberg News was for a 0.2 percent drop.
Suspicious Items Found in Bags of Amsterdam-Bound Air Passengers Monday, August 30, 2010 @ 7:03PMThe U.S. Department of Homeland Security said “suspicious items” were found in the checked luggage of two passengers on a United Airlines flight last night from Chicago to Amsterdam.
RBA’s Debelle Says Financial System Needs Government ‘Backstop’ Monday, August 30, 2010 @ 6:44PMEfforts to make the global financial system more robust to fallout from unexpected shocks can be boosted by placing limits on borrowing and ensuring governments and central banks act as a “backstop” to any crisis, Reserve Bank of Australia Assistant Governor Guy Debelle said.
Immigrants Don’t Take Jobs Away From Americans, Fed Study Finds Monday, August 30, 2010 @ 4:48PMImmigration has no “significant” effect on the number of jobs available to U.S.-born workers and helps boost incomes and productivity over time, according to a paper by an economist at the Federal Reserve Bank of San Francisco.
Lehman’s Fuld to Testify Sept. 1 for Panel Probing Credit Crisis Monday, August 30, 2010 @ 4:48PMRichard Fuld, the former chief executive officer of Lehman Brothers Holdings Inc., will testify in Washington this week at a hearing on the “expectations and impact of extraordinary government intervention” during the financial crisis that led the the firm’s bankruptcy in September 2008.
Tropical Storm Fiona Forms, National Hurricane Center Says Monday, August 30, 2010 @ 4:18PMThe third storm since Aug. 21 formed in the Atlantic Ocean today, according to the National Hurricane Center. Tropical Storm Fiona, with maximum sustained winds of 40 miles per hour, was 890 miles east of the Leeward Islands.
Tropical Storms to Strengthen on Track to South China, Okinawa Sunday, August 29, 2010 @ 10:48PMA tropical storm in the South China Sea is forecast to strengthen as it approaches China’s southern coast, while another storm south of Japan is expected to turn into a typhoon and cross Okinawa.
Lenovo Plans to Sell Video-Game Console in China by Year-End Sunday, August 29, 2010 @ 9:56PMLenovo Group Ltd., China’s biggest maker of personal-computers, plans to sell a video game console in the country by year-end, spokesman Jay Chen said by phone today. The company set up a venture, Beijing Eedoo Technology Ltd., this month to operate the game-console business, he said.
Financial Betting Takes Off Friday, August 27, 2010 @ 11:08AMFinancial betting is a relatively new form of betting that has proven very popular amongst online casino customers in the past few years. Financial betting is essentially a bet on the increase and decrease of shares, Forex or indices.
Motorcade May Signal Kim Jong Il Headed for China’s Changchun Thursday, August 26, 2010 @ 10:53PMA 13-vehicle motorcade headed toward the northeastern Chinese city of Changchun, indicating that North Korean leader Kim Jong Il may be traveling there to meet senior government officials.
Carter Wins Release of U.S. Citizen in North Korea, Xinhua Says Thursday, August 26, 2010 @ 10:03PMFormer U.S. President Jimmy Carter secured the release of a U.S. citizen held in North Korea, the official Xinhua News Agency reported today.
China Unicom May Sell IPad Next Month, Business News Reports Thursday, August 26, 2010 @ 8:56PMChina Unicom Hong Kong Ltd. may start sales of Apple Inc.’s iPad in mid to late September, the China Business News reported today, citing an unidentified person at the carrier.
South Korea Current-Account Surplus Widens to 16-Month High Thursday, August 26, 2010 @ 8:18PMSouth Korea’s current-account surplus widened to $5.88 billion in July from a revised $5.10 billion in June, the Bank of Korea said in a statement in Seoul today.
Investors Take $7.1 Billion From Equity Funds in Week, EPFR Says Thursday, August 26, 2010 @ 7:18PMInvestors took out a net $7.1 billion from global-tracked equity funds in the week to Aug. 25 and put some $5.2 billion into bond funds amid concerns economies in the U.S. and Europe are losing momentum, EPFR Global said in an e-mail.
HSBC Holdings Hires JPMorgan’s Chetan, BNP Paribas’ Pablo Tuesday, August 24, 2010 @ 11:19PMHSBC Holdings Plc, Europe’s largest bank, hired JPMorgan Chase & Co.’s Chetan Patni as head of execution and sales trading in India, and BNP Paribas’ Gerardo Pablo as head of program trading for the Asia-Pacific region.
Chalco Seeks to Invest in Coal, Power Companies, Xiong Says Tuesday, August 24, 2010 @ 11:04PMAluminum Corp. of China Ltd., the country’s biggest producer of the metal, is seeking to invest in coal and power companies, and is also studying projects in Southeast Asia to access cheaper power and raw materials.
Oz Minerals Shareholders Seek to Recoup Loss in Australia Suit Tuesday, August 24, 2010 @ 10:34PMOz Minerals Ltd., whose shares slumped 84 percent in 2008, failed to disclose the extent of its debt and refinancing difficulties that led to an 11-week trading halt before China Minmetals Corp. agreed to buy the copper miner in February 2009, shareholders claimed in a lawsuit.
TD Ameritrade adds futures, spot forex trading Tuesday, August 24, 2010 @ 5:13PM(AP:OMAHA, Neb.) Online brokerage TD Ameritrade Holding Corp. said Tuesday that it is offering futures and spot foreign exchange trading via its "thinkorswim" trading platform.
PCCW Falls Most in 15 Months on Plan to Sell Stock at Discount Monday, August 23, 2010 @ 10:19PMPCCW Ltd., Hong Kong’s biggest phone carrier, fell the most in 15 months on the city’s stock exchange after saying it will sell HK$1.3 billion ($167 million) of new stock at a discount to cut debt.
StockTwits Debuts A Brand New Chart.ly Friday, August 20, 2010 @ 7:20AMLast year, the Twitter-focused stock and trading network StockTwits acquired Chart.ly , a stock-chart service that was designed specifically for StockTwits. It's sort of like a Twitpic for stock charts (you can Tweet about a stock with a link to a chart on Chart.ly). But for the most part, StockTwits co- founder Howard Lindzon retained existing Chart.ly's look and feel for users. Today, Chart.ly ...
Montblanc’s Gold ‘Black Widow’ Pen Gets $20,740 at Bonhams Sale Thursday, August 19, 2010 @ 11:04PMA Montblanc fountain pen covered in a white-gold web and known as the “Magical Black Widow” fetched $20,740 yesterday at Bonhams in New York, topping an $18,000 presale low estimate.
Your Source for Daily FOREX Market News and Analysis Thursday, August 19, 2010 @ 9:42PMThey are two distinctly contrasting markets. On the one hand, gold has put in for a tame but surprisingly consistent trend. On the other, oil has finally broke free of a three-month channel. Will these developments last?
Avista Said to Purchase Drug Tester INC for About $600 Million Wednesday, August 18, 2010 @ 11:44PMAvista Capital Partners and Ontario Teachers’ Pension Plan agreed to buy INC Research Inc., a drug development contractor for pharmaceutical and biotechnology companies, for about $600 million, according to a person with direct knowledge of the matter.
BP Ex-head of Commodities Trading Sues for Wrongful Dismissal Wednesday, August 18, 2010 @ 11:04PMBP Plc’s former head of commodities trading Quek Chin Thean sued the oil company for wrongful dismissal after having been accused by BP in a lawsuit of misusing confidential information and helping a rival set up a competing business.
North Korea Confirms Seizure of South Korean Boat Wednesday, August 18, 2010 @ 11:04PMNorth Korea confirmed it seized a South Korean fishing boat last week off the communist country’s east coast for violation of the maritime border.
Demand Grows Despite H-1B Fight, TCS Exec Says Wednesday, August 18, 2010 @ 9:34PMThe chop-shop fallout continues. Senator Chuck Schumer (D-N.Y.) caused an uproar in India recently after he called Indian IT outsourcing companies chop shops during debate on a proposal to double their fees on H-1B and L-1 work visas. The proposal passed—with no nays in the Senate—and the Indian ...
How Singapore turned improbable into reality Monday, August 16, 2010 @ 7:07PMDear MM Lee, I refer to your speech at the Tanjong Pagar National Day celebrations last night as reported by Straits Times on 16 Aug 2010. You said, as you often say, that a strong government underpinned Singapore’s survival and progress over 45 years. Many third world nations like Myanmar, North Korea and Zimbabwe are helmed by [...]
Mr Yen says Japan can't stem currency's rise as US falters Sunday, August 15, 2010 @ 4:38PMJapan's yen, the best performer among major currencies this year with a 7.9 per cent gain against the dollar, may surge further as concern grows that US efforts to boost economic growth may fail.
Your Source for Daily FOREX Market News and Analysis Thursday, August 12, 2010 @ 2:42PMConsumer prices in the U.S. are expected to rise an annualized 1.2 percent in July, while the economists are forecasting inflation to add 0.2 percent during the month from -0.1 percent in June. Housing prices will most likely extend June’s decline as housing supply continues to outpace demand.
World Bank to Help Pakistan Assess Damage From Floods Wednesday, August 11, 2010 @ 11:25PMThe World Bank said it will be leading Pakistan’s development partners in undertaking a damage assessment of the country’s most destructive flood before mapping out the reconstruction needs from the disaster.
Euro slumps ahead of key Fed meeting Wednesday, August 11, 2010 @ 2:35AMThe euro slumped against the dollar yesterday as the market waited to see if the US Federal Reserve will take further measures to bolster the US economy after a recent slew of bad data, dealers said.
Alpari Expands: New Offices and New Hires Support Growth Strategy Wednesday, August 11, 2010 @ 2:00AMThe company announces the opening of a new U.S. branch office in Boston which will support the aggressive business acquisition strategy
Saxo Bank Re-Launches ForexTrading.com Tuesday, August 10, 2010 @ 5:09AMSaxo Bank, the specialist in online trading and investment, has re-launched its website www.ForexTrading.com to provide a simple entry point to anyone looking to become a forex trader and to be a useful resource for foreign exchange traders, or others, interested in the trading of currencies.
U.S. Nonfarm Payrolls Tumble 131K in July Friday, August 6, 2010 @ 7:22AMU.S. Nonfarm Payrolls fell 131K in July after tumbling a revised 221K the month prior amid economists’ forecasts for a drop of 65K. Private employment rose 71K versus expectations of 90K.
Weekly Spotlight: Could Non-Farm Payrolls Fall By 65K? Thursday, August 5, 2010 @ 1:19PMThe spotlight this week will be placed on the U.S. Nonfarm payrolls report. As of late, economists are forecasting the labor market in the world’s largest economy to decline by 65,000 in July after payrolls dropped a massive 125,000 the month prior.
FXCM Launches FXCM Labs for Beta Testers Wednesday, August 4, 2010 @ 2:21PMNew York, August 4, 2010— FXCM , one of the world’s largest online forex and CFD brokers, is pleased to introduce FXCM Labs an online research center that grants clients exclusive access to FXCM products and services still in the development stages.
How To Rank On Page One Of Google Search Tuesday, August 3, 2010 @ 8:49AMWhether it was helping other companies or building out my own sites, at one point in time I ranked highly for some of the most lucrative keywords on Google.
AsiaNet Daily Summary - Press Releases for Tuesday, Aug. 3, 2010 Tuesday, August 3, 2010 @ 6:10AMMGM LOAN... MACAU: MGM Grand Paradise, S.A., the owner of the MGM MACAU resort, announced today that it has entered into a new senior secured credit facility in the amount of HKD7.41 billi
Saxo Bank Celebrates Success of Its Sponsorship During Tour de France Friday, July 30, 2010 @ 7:38AMWith Andy Schleck as team leader, the Saxo Bank team won four stages, the youth competition and finished in second place overall. Â Saxo Bank remained front and centre as the cycling drama unfolded, from Fabian Cancellara's time trial win in the Rotterdam prologue and Andy Schleck's seventeenth stage victory in the Pyrenees Mountains to the finale on Avenue des Champs-Elysees.
Saxo Bank Celebrates Success of its Sponsorship During Tour de France Friday, July 30, 2010 @ 3:17AMHellerup, Denmark, July 30, 2010 (ots/PRNewswire) - Saxo Bank, the specialist in trading and investment, has more than Team Saxo Bank to celebrate following the 2010 Tour de France. With Andy Schleck as team leader, the Saxo Bank team ...
Saxo Bank Celebrates Success of its Sponsorship During Tour de France Friday, July 30, 2010 @ 2:58AMSaxo Bank, the specialist in trading and investment, has more than Team Saxo Bank to celebrate following the 2010 Tour de France.
Saxo Bank Celebrates Success of its Sponsorship During Tour de France Thursday, July 29, 2010 @ 1:52PMHellerup, Denmark, July 29, 2010 (ots/PRNewswire) - Saxo Bank, the specialist in trading and investment, has more than Team Saxo Bank to celebrate following ...
FXDD Now Offers Latest Version Of Autochartist Thursday, July 29, 2010 @ 12:45PMFXDD, a leading online Forex broker, is now offering the latest version of Autochartist, a popular software tool used for automated trend analysis while trading in financial markets.