World Finance News See What’s Going on Around the Globe Now

World Finance News See What’s Going on Around the Globe Now

World finance news stories. Google news has a lot of interesting articles from around the globe. I’ve compiled the most interesting stories that could effect you, whether you’re an individual, or business. Total reboot: How to fix Greece’s economy – Tulsa World http://news.google.com Sun, 09 Aug 2015 05:06:06 GMT Tulsa WorldTotal reboot: How to fix […]

China’s Shanghai Composite Index Rises Most Since 2012

China’s Shanghai Composite Index Rises Most Since 2012

Trading volume in Chinese stock markets rose to a record on Wednesday. The Shanghai Composite Index climbed to 3.6 percent this week and 31.4 percent this year. The 0.06 percent rise in the market on Wednesday marked the 9th gain in 10 sessions. The value of shares traded increased to 529.4 billion yuan ($86.1 billion). […]

Swiss Rejection Of Gold Is A Blow To Investors

Swiss Rejection Of Gold Is A Blow To Investors

Recently, Swiss voters reject the plan aimed at forcing the Swiss National Bank to buy gold in a large quantity, giving the financial institution some breathing space as it attempts to protect the national currency from a quantitative easing blitz. The Swiss government stated that 77 percent of voters in the recent referendum rejected the […]

Qatar Investment Authority To Introduce $10 Billion Investment Fund In Asia

Qatar Investment Authority To Introduce $10 Billion Investment Fund In Asia

QIA (Qatar Investment Authority) stated that it has signed a memorandum of understanding with The CITIC Group to launch a $10 billion fund to invest in Asia, reveals an official statement. CEO of Qatar’s sovereign wealth fund Ahmad Al-Sayed made the announcement at the launch of the Credit Suisse Fifth Annual Emerging Markets Leadership Forum […]

A Financial Tax May Change the Trading Game

A Financial Tax May Change the Trading Game

To the dismay of Wall Street and the United States government, much of Europe appears ready to start taxing financial trading as soon as 2014. The idea is not new; However, until now, financial institutions and markets have been able to keep away this type of tax in major markets. With financiers claiming a tax […]

NY Times Hires Investment Banker To Find A Buyer For The Boston Globe

NY Times Hires Investment Banker To Find A Buyer For The Boston Globe

On Wednesday, The New York Times  said that it intends to sell the New England Media Group, which includes The Boston Globe and related on-line properties; and has hired an investment banker to help locate a buyer. The Times hired Evercore Group, a firm based in New York, that has assisted with other transactions involving […]

U.S. Federal Reserve Hacked By Anonymous

U.S. Federal Reserve Hacked By Anonymous

The U.S. Federal Reserve Bank of St. Louis’ internal servers and files were hacked by the hacktivist group Anonymous according to a report on  ZDNet. The ZDNet report alleges that “the new attack is Anonymous’ response to the information security community’s anger at the Federal Reserve (“The Fed”) for its dismissive attitude and lack of transparency around […]

G20 Finance Ministers Guarantee No War Over Currency

G20 Finance Ministers Guarantee No War Over Currency

G20 Finance Ministers – Central bankers and finance ministers from the 20 world leaders in developing and industrial countries  made a pledge on Saturday that they won’t target their exchange rates to compete. The Moscow meeting, which lasted two-days, ended on Saturday with a collective  communiqué that included a promise and pledge that the G20 […]

European Union Budget Cut Perfect Result for Cameron

European Union Budget Cut Perfect Result for Cameron

The European Union budget cut will ensure that Prime Minister Cameron will receive a warm reception from the Tory MPs when he does his report on achieving his goal to receive a first cut in the budget worked out in Brussels. Driven by abundant cups of coffee from a new Nespresso machine, UK prime minister […]

Bank Investigators Find Manipulation In Singapore’s Foreign Exchange Market

Bank Investigators Find Manipulation In Singapore’s Foreign Exchange Market

SINGAPORE: According to a source who claims to have knowledge of the queries, internal probes by banks in Singapore found proof that traders conspired to manipulate band rates in the offshore foreign exchange market. This latest discovery broadens a worldwide lending rate aspersion into new exchange markets, as a consequence of  the Libor situation puts banks […]

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