Chinese Premier Li Keqiang is in Switzerland to sign a free trade pact with the Alpine nation—- the first comprehensive agreement the country has reached with a major Western economy. Li met with Swiss officials Friday in Bern, where he is due to ink the deal after three years of talks. In an op-ed published [...]
Despite many attractive characteristics of forex trading, the foreign exchange market is vast, complicated and ruthlessly competitive. Major banks, trading houses and funds dominate the market and quickly incorporate any new information into the prices.Foreign exchange is not a market for the unprepared or ignorant. To effectively trade foreign currencies on a fundamental basis, traders [...]
May 20, 2013 PRESS RELEASE FOR IMMEDIATE RELEASE Hickory, NC, May, 20, 2013: Fortran Corporation (OTC: FRTN.PK) Douglas W. Rink, President and CEO, of Fortran Corporation “FRTN” announced the appointment of JPF Securities as its Corporate Counsel and legal advisor. Jared P. Febbroriello, Esq. LL.M. is the founder and principal attorney of the law [...]
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an internet icon that had fallen behind the times. The deal announced Monday represents Mayer’s boldest move yet since she left Google 10 months ago to lead Yahoo’s latest comeback attempt. It marks Yahoo’s most expensive acquisition since [...]
MAJOR UPDATE Friday, May 17th, 2013 (OTC): NANI **News Flash: I am revisiting NANI because I know you loved the story!
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NEW YORK, May 16, 2013 /PRNewswire/— Hemp, Inc. (OTC: HEMP) is pleased to announce an agreement with the Yasheng Group (OTC:HERB), one of China’s largest agricultural producers. The signed agreement specifies that Yasheng Group will grow and process into finished product 637 mu (108 acres) of a specific cultivar of industrial hemp in China. According to [...]
The Alberta Securities Commission is accusing the former CEO of Daylight Energy Ltd. of insider trading, along his ex-wife and her boyfriend. The watchdog alleges Anthony Lambert bought shares in Daylight in August and September 2011 shortly before his company was acquired by Chinese firm Sinopec. The $2.2-billion deal was not disclosed publicly until Oct. [...]
Tuesday April 16, 2013, 2:55pm PDT Bloomberg reported that Brent crude fell below $100 a barrel, its lowest since July, as signs of weak economic growth have lowered demand. As quoted in the market news: Brent fell below $100 because of the economic outlook in Europe and China,” said Bill O’Grady, chief market strategist at [...]
With interest rates so low, loan demand pretty sluggish, and regulations chewing into once-lucrative sources of income, most banks are stuck in a holding pattern. That’s particularly true for those banks with relatively clean credit stories that don’t have the tailwind of improving provision and loan loss reserve releases to pump up results.That puts investors [...]