News

CBI Investigating 13 Mumbai Firms In Foreign Exchange Scam

The Central Bureau of Investigation (CBI) has busted yet another major foreign exchange scam in India involving largescale money laundering.…

8 years ago

Disney turns weak on missing Q2 2017 rev. estimate

The stock of diversified media and entertainment company Walt Disney (NYSE: DIS) plunged about 6% to $109.05 last week, after…

8 years ago

Yen strengthens as commodity import costs decline

On the basis of hawkish stance taken by the US Fed, a long position in the USD/JPY pair in April…

8 years ago

New Report Says Brexit Puts London’s Financial Hub In Jeopardy

The impact of Brexit on the City of London was brought again in focus by the recent report released by…

8 years ago

AIG UP on Q1 2017 earnings beat, additional share buyback

The stock of multi-national insurance company American International Group Inc. (NYSE: AIG) had appreciated by nearly 8% to about $63…

8 years ago

US Unemployment Figures Drops To Lowest Level In A Decade

Latest U.S. Labor Department data has revealed that unemployment in the country has dropped to 4.4 percent its lowest level…

8 years ago

Kiwi down on stagnant wages, rising capital cost concerns

As crude oil went below the crucial $50 per barrel mark, the Canadian dollar began to lose ground against most…

8 years ago

UK Businesses Warn Against Solely Concentrating On Brexit

As the United Kingdom (UK) prepares to go to polls in a few weeks’ time, businesses in the UK are…

8 years ago

Barclays signal downtrend on Q1 2017 decline in net profit

The British lender Barclays Plc (NYSE: BCS) reported better than anticipated fiscal 2017 first-quarter profit after tax, compared to last…

8 years ago

Aussie to strengthen on rally in Iron ore, coking coal

In our March 17th article, we had predicted the Australian dollar to decline against the Greenback, on the basis of…

8 years ago