3 May, 2015 by The TZ Newswire Staff Comments Off on Futures Movers: Oil prices flatten after weak China factory data
Futures Movers: Oil prices flatten after weak China factory data
Weak data from one of the world’s largest importers of crude oil interrupted a recent rally in oil futures sparked by U.S. dollar weakness as well as a fall in the number of U.S.
3 May, 2015 by The TZ Newswire Staff Comments Off on A Second Goldman `Secret Sauce’ Conviction Headed for Appeal
A Second Goldman `Secret Sauce’ Conviction Headed for Appeal
Goldman got its man — again. It remains to be seen, however, whether this verdict sticks any better than the first one.
3 May, 2015 by The TZ Newswire Staff Comments Off on Goldman Trial Jury Struggled to Find Crime in Trading Code Theft
Goldman Trial Jury Struggled to Find Crime in Trading Code Theft
Jurors who convicted ex-Goldman Sachs Group Inc. programmer Sergey Aleynikov said they struggled to find a crime in his copying of the bank’s high frequency trading code.
3 May, 2015 by The TZ Newswire Staff Comments Off on ‘Flash Boys’ Programmer Convicted in Goldman Code Theft Case
‘Flash Boys’ Programmer Convicted in Goldman Code Theft Case
Former Goldman Sachs Group Inc. programmer Sergey Aleynikov was found guilty in the high-frequency trading code theft case that illustrated the difficulty of using existing law to protect technology central to financial markets.
3 May, 2015 by The TZ Newswire Staff Comments Off on China April HSBC PMI shows biggest drop in factory activity in a year
China April HSBC PMI shows biggest drop in factory activity in a year
China’s factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, hardening the case for fresh stimulus measures to halt a slowdown in the world’s second-largest economy. The latest indication of deepening factory woes raises the risk that second-quarter economic growth may dip below 7 percent for the first time since the depths of the global crisis, adding to official fears of job losses and local-level debt defaults.
3 May, 2015 by The TZ Newswire Staff Comments Off on This UK political party is winning on Facebook
This UK political party is winning on Facebook
Populist U.K. Independence Party is the most discussed U.K. political party on Facebook, the social media site said Friday.
3 May, 2015 by The TZ Newswire Staff Comments Off on Has China dodged property Armageddon again?
Has China dodged property Armageddon again?
Remember those worries about a China property crash? Forget all that. Analysts are turning newly positive on mainland property plays.