The Traderszone Network

Julius Baer has set aside nearly $200 million in extra provisions to settle a U.S. investigation that it helped wealthy American clients dodge taxes.

SeaWorld filed a lawsuit Tuesday challenging a California commission’s ruling that bans the company from breeding captive killer whales at its San Diego theme park.

China’s central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March.

Missouri’s governor warned Tuesday of flooding and swollen river levels that could exceed levels seen in a devastating flood in 1993.

Currency trading remained thin with many investors closing their positions ahead of the end of the year.
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With regulators pressing market participants to root out securities scams, Nasdaq and its rivals are jockeying to install the equivalent of closed-circuit TV cameras on trading platforms around the world to monitor and record every gyration that a security or a derivatives contract makes.

Prices quickly turned south after the American Petroleum Institute said their estimates show U.S. crude stocks likely grew by 2.9 million barrels in the week ended Dec. 25.

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