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News & Updates

April 16, 2014 Global shares up on China relief, Ukraine strains remain

Source: Reuters

Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome. China's economy grew 7.4 percent in the first quarter, from a...

April 16, 2014 Fed considers stricter banking regulations

Source: Gazettenet.com

WASHINGTON — The Federal Reserve may be about to turn more aggressive in its regulation of the financial system. Fed Chair Janet Yellen suggested Tuesday that current regulatory rules might not be enough to prevent the kind of...

April 16, 2014 Wall Street ends higher as blue chips rally; Intel up late

Source: Reuters

U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson & Johnson, though persistent weakness in momentum names limited the Nasdaq's advance

April 16, 2014 Credit Suisse rebuffs foreign exchange probe

Source: BBC News

Swiss bank Credit Suisse has found nothing "materially untoward" in how it trades foreign currencies, finance officer David Mathers has said. Credit Suisse has faced scrutiny from regulators over alleged collusion to manipulate...

April 15, 2014 Weak corporate updates and Ukraine woes dent European shares

Reuters Group PLC - The euro zone's blue-chip Euro îSTOXXî 50 index retreated by 0.4 percent to 3,119.07 points. Germany's DAX index - which hit a record high of 9,794.05 points in late January - fell 0.6 percent to...

April 15, 2014 Global economy to grow 4.7 percent this year

MENAFN - (MENAFN) World Trade Organization said that global commerce is predicted to grow by 4.7 percent in 2014, according to Arab News. Asia's economy is expected to remain as strong and positively affect growth rate despite...

April 15, 2014 U.S. Stocks Rally on Citigroup, Data as Treasuries, Ruble Drop

Source: Businessweek

The Standard & Poor’s 500 (SPX) Index rebounded from the worst weekly loss in two years, weathering a selloff in the final hour, after retail sales rose the most since 2012 and Citigroup Inc. (C:US)’s earnings unexpectedly rose....

April 15, 2014 Executive pay drops as shareholder pressure rises on oil giants

Source: FuelFix

HOUSTON – Top-shelf executive pay packages at the largest U.S. energy companies shrank in 2013 as activist investors pushed firms to narrow their oil empires and steer more capital to shareholder pockets. As industry investment...

April 15, 2014 Asian Stocks Mixed As Traders Brace For China Data

Source: Nasdaq

Asian stocks ended mostly higher on Tuesday after U.S. stocks rebounded overnight on the back of an encouraging retail sales report. While signs of recovery in the world's largest economy aided sentiment, gains were tempered by...

April 15, 2014 Socially responsible investing - more than good versus bad companies

Source: Money Management

Socially responsible investing is more complex than simply distinguishing ‘good’ companies from ‘bad’ companies, writes Bruce Smith. Over the past couple of decades there has been a clear and growing movement towards the...

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