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News & Updates

January 31, 2016 Central Banks Go to New Lengths to Boost Economies

Wall Street Journal - The Shanghai Composite Index jumped 3.1% and the Stoxx Europe 600 rose 2.2%. U.S. stocks also rose, with the Dow Jones Industrial Average climbing nearly 400 points. Despite the day's surge, some investors...

January 30, 2016 How to Save Thousands by Going Green

The Motley Fool - SUVs are so 1980s According to the Union of Concerned Scientists, cars and trucks account for almost 30% of all global warming emissions in the United States. But let's face it: Some of us simply need a car at...

January 29, 2016 New Accounting Rules Among Top Worries of Financial Executives

Source: Accounting Web

The survey of about 400 attendees at KPMG’s 25th annual Accounting & Financial Reporting Symposium indicates that internal controls over financial reporting and data security are at the top of the list of compliance issues for...

January 29, 2016 Every way you slice it, these are wild days for Asian stocks

Live Mint - The Asia Pacific Index has moved up or down more than 1% ... Any gains in oil prices won't be sustainable given the huge gap between supply and demand. Growth in China will continue to slow down as the economy...

January 29, 2016 European Stocks Rally With Energy Shares as BOJ Boosts Stimulus

Bloomberg - The Stoxx Europe 600 Index rose 1.3 percent at 8:14 a.m. in London, swinging to a weekly gain of 0.2 percent. All 19 industry groups gained, with a gauge of energy shares up for a fourth day, as crude climbed and the...

January 29, 2016 U.S. economy likely hit a speed bump in fourth quarter

Source: Business Insider

WASHINGTON - U.S. economic growth likely braked sharply in the fourth quarter as businesses doubled down on efforts to reduce an inventory glut and unseasonably mild weather cut into consumer spending on utilities and apparel.

January 28, 2016 All Ex-Brokers Cleared in Libor-Rigging Trial in Blow to Fraud Office

Source: Bloomberg

Six ex-brokers accused of helping convicted trader Tom Hayes rig Libor were cleared in a London trial this week, with a jury Thursday acquitting a final defendant, former ICAP Plc broker Darrell Read.

January 28, 2016 Goldman Sachs Calls Brazil a ‘Mess’ After Warning on Depression

Source: Bloomberg

Goldman Sachs Group Inc. said the crisis in Brazil will get worse before it gets better after the bank last year warned that Latin America’s largest economy was being dragged into a depression.

January 28, 2016 Keeping the world below 2 degrees is a $12.1 trillion investment opportunity, BNEF report says

theclimategroup.org - LONDON: Keeping the world below the 2 degrees Celsius pathway presents a US$12.1 trillion investment opportunity over the next 25 years, a new analysis states. The report Mapping the Gap: The Road From...

January 28, 2016 Coordinated Russian-Saudi Oil Output Cut Chatter Sounds Ridiculous

Source: Forbes

Market speculation is rife about Saudi Arabia and Russia – two of the world’s largest producers of crude oil – talking behind the scenes about a coordinated production cut in a bid to support oil futures currently languishing...

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