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News & Updates
February 25, 2014 The 'green economy' as an engine for growth
Deutsche Welle - The EU has some 19 million unemployed and the trend is pointing upwards. But, new jobs will only come once the economy picks up. Could a new 'green economy' help create those jobs and halt Europe's decline' The...
February 25, 2014 China's Economic Bubble Is Bursting
American Thinker - The highly credible HSBC/Markit Purchasing Managers' Index (PMI ... total number of housing units offered for sale in Beijing and Shanghai combined. A study by Shanghai's Tongji University said real estate has...
February 25, 2014 Top Bitcoin exchange MtGox goes offlineSource: BBC
One of the biggest Bitcoin Exchanges, MtGox, has gone offline. The exchange has been hit by technical issues and recently halted all customer withdrawals of the digital currency after it spotted what it called "unusual activity"....
February 25, 2014 Yellen Seeking New Low-Rate Guidance Can Turn to Fed ForecastsSource: SF Gate
As Janet Yellen seeks to forge a consensus on a new strategy for communicating the Federal Reserve’s intention to keep rates low, she can reach for a six- year-old old tool: the Fed’s quarterly forecasts.
February 25, 2014 Icahn Accuses eBay of Lapses in GovernanceSource: Wall Street Journal
Activist investor Carl Icahn accused eBay Inc. of lapses in corporate governance, including conflicts of interest on the online marketplace’s board. Mr. Icahn last month disclosed that he held a 2% stake in eBay. He said he was...
February 25, 2014 Bernanke to write book about Fed's handling of Great RecessionSource: LA Times
Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since...
February 24, 2014 Oil Futures Edge Higher in Asia; Brent Trades Above $110/bblSource: Wall Street Journal
Crude-oil futures were slightly higher in Asian trading hours Monday after last week's sharp rally and as markets assessed the outlook for weather-driven oil demand in the U.S. On the New York Mercantile Exchange, light, sweet...
February 24, 2014 Banks pushed to report sustainability dataSource: FT.com
Banks and other financial companies will for the first time be called on to report quantitative indicators of their social and environmental impact under new accounting standards published on Tuesday.
February 22, 2014 Credit Suisse pays $196 mln, admits wrongdoing in SEC settlement
Inside Fidelity - Feb 21 (Reuters) - îCredit Suisse Groupî AG (CS) agreed to pay more than $196 million and admit wrongdoing to settle U.S. Securities and Exchange Commission charges that it provided cross-border...
February 22, 2014 GLOBAL MARKETS-U.S. data soothes nerves, lifting stocks and dollar
Reuters Group PLC - îStandard and Poor'sî cut Ukraine's credit rating for the second time in three weeks, lowering it by one notch to triple-C and saying there was an increased risk of default. Neighbouring Russia's...
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