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News & Updates

April 19, 2015 Wall Street tanks on renewed Greece concerns new China trading regulations

MENAFN - The îStoxxî Europe 600 fell 1.8 percent to 403.69. Germanyâs DAX 30 logged its worst week since November 2011 with 5.5% decline. MENA News Headlines Apr 18 2015 - Top Saudi cleric says Yemen operation...

April 17, 2015 Goldman Sachs Earnings: Impressive Growth All Around

Source: The Mootley Fool

Goldman Sachs (NYSE: GS ) posted its first-quarter earnings on Thursday, and the numbers look great. The company posted strong improvement in pretty much every aspect of its business, and it handily beat the market's...

April 17, 2015 Ben Bernanke Hired By $25 Billion Hedge Fund

Source: Huff Post

Ben Bernanke, former chairman of the U.S. Federal Reserve, has agreed to become a senior adviser to Citadel Investment Group, a $25 billion hedge fund founded by billionaire investor Kenneth Griffin, the New York Times reported...

April 17, 2015 China stocks rise on stimulus hope, other Asian stocks fall

Source: CTV News

SEOUL, Korea, Republic Of -- Stock markets in mainland China extended their gains on Friday on expectations of further policy easing, but other stock markets in the region were mostly lower

April 17, 2015 Big U.S. investors push SEC for oil industry to detail risks of climate change

Source: Reuters

Calpers, the largest American public pension fund, and nearly 60 other institutional investors will ask the U.S. Securities and Exchange Commission on Friday to require oil and natural gas companies to publish detailed analysis...

April 17, 2015 IMF's Lagarde To Greece; Pay Us Or Else

Source: Forbes

It’s long been true that welshing on debts to the International Monetary fund is just something that a civilised country just doesn’t do. Thus there’s little surprise when Christine Lagarde, the head of the IMF , points out to...

April 16, 2015 Bank of America reverses losses as mortgage earnings increase

Source: Irish Times

Bank of America reported a better-than-expected first-quarter profit, reversing from a year-earlier loss, as legal costs fell steeply and the bank earned more from mortgage lending.

April 16, 2015 Japan now largest foreign holder of Treasuries

Source: USA Today

Japan is now the largest foreign holder of U.S. Treasury securities, surpassing China, according to the Treasury department.

April 16, 2015 Oil surges after lower than expected U.S. inventory rise

Source: Reuters

Oil prices rallied and U.S. crude jumped nearly 6 percent to a 2015 peak on Wednesday after government data showed crude oil inventories in the United States rose less than expected last week.

April 16, 2015 Wall Street ends higher as jitters about earnings and oil recede

Source: Reuters

U.S. stocks closed higher on Wednesday, fueled by gains in oil companies and speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought. All 10 major S&P 500 sectors gained, with the...

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