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News & Updates

December 4, 2014 Euro falls below $1.23 ahead of ECB, yen weak

Source: Reuters

The euro fell to less than $1.23 for the first time in more than two years on Thursday, finding few friends in a market that is wagering the European Central Bank will be forced to inject even more stimulus into a moribund euro...

December 4, 2014 Samsung mobile executives quit amid profit decline

Source: Business Tech

Three deputies to the head of Samsung Electronics Co Ltd's mobile division are leaving, a person with knowledge of the matter said on Thursday, as the world's largest smartphone maker faces a rapid decline in profit.

December 4, 2014 Enhanced Role of CFOs Makes Them More Likely Candidates for the Top Job

marketwired.com - When plotted against the performance of the îSTOXXî Europe 600, the research additionally revealed that CFOs are more likely to rise to CEO during periods of economic uncertainty. Sector experience...

December 4, 2014 Gas dips below $2 a gallon in Oklahoma City

Source: CNBC

It's the first time in four years that a U.S. station has offered gas for less than $2 per gallon.

December 3, 2014 U.S. Stocks Climb With Dollar as Oil Sinkes; Gold Drops(Tuesday)

Bloomberg - The Standard & Poorâs 500 Index (SPX) added 0.6 percent to close at 2,066.55 by 4 p.m. in New York. The îStoxxî Europe 600 Index rose 0.5 percent for its first advance in three days, while the...

December 3, 2014 US CEOs Perceive Dimmer Economic Growth but Plan to Increase Hiring

Source: Beta Wired

According to a survey released on Tuesday top corporate chief executives remained a bit less optimistic about the direction of economy that is continuously dropping down and they have plans to cut off investments in businesses...

December 3, 2014 Which Countries Are The Most Corrupt?

Source: NPR

Four Scandinavian nations and New Zealand are the world's least corrupt countries while North Korea and Somalia are the most corrupt, according to the Corruption Perception Index released today by Transparency International.

December 3, 2014 Fed Officials Stress Data Over Dates as Rate Rise Case Builds

Source: BusinessWeek

Federal Reserve officials are signaling more confidence in the economy that moves them nearer to raising interest rates, and are stressing the liftoff is linked to data rather than dates to avoid unsettling markets

December 3, 2014 Pension funds dissatisfied with hedge funds

globalinvestormagazine.com - Ripples of dissatisfaction have been spreading through the pensions world since early September, when the California Public Employeesâ Retirement System (îCalpersî) announced it is...

December 2, 2014 Norway Wealth Fund Targets $3 Billion in Green Technology Stakes

Source: Bloomberg

Norway’s sovereign wealth fund, the world’s largest, will invest almost $3 billion into green technology stocks next year, Chief Executive Officer Yngve Slyngstad signaled.

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