21 May, 2015 by The TZ Newswire Staff Comments Off on Draghi: Growth is ‘too low everywhere’ in Europe
Draghi: Growth is ‘too low everywhere’ in Europe
European Central Bank head Mario Draghi said that “growth is too low everywhere” in the 19-country euro zone despite a modest recovery.
21 May, 2015 by The TZ Newswire Staff Comments Off on Currencies: Dollar slips against yen as investors await BOJ Kuroda remarks
Currencies: Dollar slips against yen as investors await BOJ Kuroda remarks
Investors are waiting to see if the BOJ governor will push back expectations on easing.
21 May, 2015 by The TZ Newswire Staff Comments Off on Quantlab Wins Speed Trading Code-Theft Trial Against Rivals
Quantlab Wins Speed Trading Code-Theft Trial Against Rivals
Quantlab Technologies Ltd. won $12.2 million in damages from rivals who used stolen high-frequency trading code to found SXP Analytics LLC.
21 May, 2015 by The TZ Newswire Staff Comments Off on Bank Settlements Are Significant for Their Guilty Pleas: View
Bank Settlements Are Significant for Their Guilty Pleas: View
Five of the biggest banks in the world pleaded guilty Wednesday to criminal charges and essentially admitted they defrauded their customers. What’s significant about this settlement is that it marks the end of the practice of allowing banks to neither admit nor deny wrongdoing.
21 May, 2015 by The TZ Newswire Staff Comments Off on George Soros Warns "No Exaggeration" That China-US On "Threshold Of World War 3"
George Soros Warns "No Exaggeration" That China-US On "Threshold Of World War 3"
While admitting that reaching agreement between the two countries will be difficult to achieve, George Soros – speaking at The World Bank’s Bretton Woods conference this week – warned that unless the U.S. makes ‘major concessions’ and allows China’s currency to join the IMF’s basket of currencies, “there is a real danger China will align itself with Russia politically and militarily, and then the threat of world war becomes real.”
21 May, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Egg prices jump as bird flu spreads
The Wall Street Journal: Egg prices jump as bird flu spreads
The financial toll of the worst U.S.