10 December, 2014 by The TZ Newswire Staff Comments Off on Regulator probing banks’ FX algorithm: Source
Regulator probing banks’ FX algorithm: Source
The New York banking regulator is investigating if banks used algorithms to manipulate foreign exchange rates, a source told Reuters.
10 December, 2014 by The TZ Newswire Staff Comments Off on Fed’s debate shifts from lift-off to long march to normal
Fed’s debate shifts from lift-off to long march to normal
For the Federal Reserve, deciding when to raise rates for the first time in nearly a decade has become the easy part. The harder call, and one increasingly preoccupying U.S. central bankers, is how fast …
10 December, 2014 by The TZ Newswire Staff Comments Off on Wal-Mart’s unauthorized ways made China business look strong: Bloomberg
Wal-Mart’s unauthorized ways made China business look strong: Bloomberg
Wal-Mart Stores Inc has been using questionable accounting and unauthorized sales practices to make its retail business in China appear stronger, Bloomberg reported, citing internal documents and interviews …
10 December, 2014 by The TZ Newswire Staff Comments Off on Japan automakers add 550,000 cars to Takata air bag recalls
Japan automakers add 550,000 cars to Takata air bag recalls
Three Japanese automakers will recall more than half a million cars globally to replace air bag inflators made by Takata Corp , bringing the total tally of Takata-related recalls across all brands to around …
10 December, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold drifts lower as equities show signs of a rebound
Metals Stocks: Gold drifts lower as equities show signs of a rebound
The selling from a day earlier that kept gold from capitalizing on an steep equity retreat has returned even as stocks look poised for a rebound.
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10 December, 2014 by The TZ Newswire Staff Comments Off on Metals Stocks: Gold drifts lower as equities show signs of a rebound
Metals Stocks: Gold drifts lower as equities show signs of a rebound
The selling from a day earlier that kept gold from capitalizing on an steep equity retreat has returned even as stocks look poised for a rebound.
read more
10 December, 2014 by The TZ Newswire Staff Comments Off on Investec apologises for ‘I can’t breathe’ headline
Investec apologises for ‘I can’t breathe’ headline
Investec has apologized for publishing a research note headlined “I can’t breathe” — the dying words of Eric Garner, the FT reports.