Live Trading News » Live Trading News

US leads a recovery in demand for private jet flights

Paul A Ebeling Jr — Tue, 21 May 2013 16:59:56 +0000

US leads a recovery in demand for private jet flights BRK-A, BRK-B The USis leading a recovery in demand for private flights while Europe remains weighed down by economic weakness, Berkshire Hathaway’s NYSE:BRK-A, BRK-B jet-management company said. “The US from our perspective is coming back and doing relatively well,” Jordan Hansell, CEO of Berkshire Hathaway [...]

The post US leads a recovery in demand for private jet flights appeared first on Live Trading News.

Obama Subverts Freedom of the Press

Paul A Ebeling Jr — Tue, 21 May 2013 09:10:00 +0000

Obama Subverts Freedom of the Press DOJ targeted Fox News Reporter, Journalists Outraged A new article about how the Obama administration tracked the movements and correspondence of a Fox News reporter led to a fresh round of condemnation by journalists Monday. The Washington Post published an explosive story about the Justice Department’s monitoring of James [...]

The post Obama Subverts Freedom of the Press appeared first on Live Trading News.

FX Update

Shayne Heffernan — Tue, 21 May 2013 07:49:15 +0000

FOREIGN EXCHANGE • Long USD positioning and prospects for dovish Bernanke suggests USD now toppish • GBP may be more interested in Vodafone than CPI USD Aggregate USD positioning on the CME is now at its highest level since June 2012, just as the USD index is also at the levels seen early last summer, [...]

The post FX Update appeared first on Live Trading News.

UK Ruins Scotland’s Economy

Paul A Ebeling Jr — Tue, 21 May 2013 07:23:44 +0000

UK Ruins Scotland’s Economy The Scottish government struck back at claims from London that independence will damage the country’s economic prospects in a report Tuesday that criticizes UK governments for holding back the Scottish economy and squandering its resources. The report, called ‘Scotland’s Economy: The Case for Independence,’ is also deeply critical of UK governments [...]

The post UK Ruins Scotland’s Economy appeared first on Live Trading News.

Dubai economist calls for Gulf single currency

Paul A Ebeling Jr — Tue, 21 May 2013 07:20:51 +0000

Dubai economist calls for Gulf single currency Former chief economist of the Dubai International Financial Center Authority, Nasser Saidi, said Monday that the 6 Gulf Arab states should realize plans for a single currency despite the crisis of the Euro as a multi-national currency. In an interview with the Dubai-based weekly Arabian Business, Mr. Saidi [...]

The post Dubai economist calls for Gulf single currency appeared first on Live Trading News.

Chicago’s agricultural commodity futures market closed mixed Monday

Paul A Ebeling Jr — Tue, 21 May 2013 07:16:01 +0000

Chicago’s agricultural commodity futures market closed mixed Monday Chicago Corn fell slightly but Wheat and Soybean rose Monday. The most active Corn contract for Jul delivery dropped 3.25 cents, or 0.5%, to close at 6.495 bu. Jul Wheat gained 2 cents, or 0.29%, to settle at 6.8525 bu. Jul Soybean rose 16 cents, or 1.1%, [...]

The post Chicago’s agricultural commodity futures market closed mixed Monday appeared first on Live Trading News.

Australian Dollar Reflects Weak Global Economy

Shayne Heffernan — Tue, 21 May 2013 07:14:31 +0000

RBA Says Mining Slowdown Drove Rate Cut BHP Australia’s central bank cut its benchmark interest rate to record lows at the beginning of May to give the resource rich economy a jolt as a rapid cooling in mining investment and a high Australian Dollar slowed growth and eroded business confidence. Tame inflation readings and the [...]

The post Australian Dollar Reflects Weak Global Economy appeared first on Live Trading News.

IRS Investigation, Top White House Staffers Were Briefed Early

Paul A Ebeling Jr — Tue, 21 May 2013 06:56:45 +0000

IRS Investigation, Top White House Staffers Were Briefed Early White House Press Secretary Jay Carney under fire again Monday acknowledged that senior staffers to President Obama were informed in late April that a forthcoming audit of the IRS would reveal that officials there had targeted conservative groups, and they did not warn the President about [...]

The post IRS Investigation, Top White House Staffers Were Briefed Early appeared first on Live Trading News.

Jim Rogers, Bernanke to Leave Fed to Avoid Hangover From His Policies

Paul A Ebeling Jr — Mon, 20 May 2013 19:25:42 +0000

Jim Rogers, Bernanke to Leave Fed to Avoid Hangover From His Policies The Federal Reserve is pumping up the economy and financial markets with its massive easing tactics, and central bank Chairman Ben Bernanke might not seek another term because he does not want to deal with the “hangover” aftermath of his policies, says investor [...]

The post Jim Rogers, Bernanke to Leave Fed to Avoid Hangover From His Policies appeared first on Live Trading News.

Thai Q-1 GDP +5.3% on Year; Government Cuts 2013 Growth Forecast

Paul A Ebeling Jr — Mon, 20 May 2013 19:22:05 +0000

Thai Q-1 GDP +5.3% on Year; Government Cuts 2013 Growth Forecast Thailand’s economy continued to expand in Q-1 from a year earlier, though the pace of growth slowed due to a moderation in domestic and foreign demand amid a weaker-than-expected global recovery. GDP rose 5.3% in Q-1 from a year earlier, Arkhom Termpittayapaisith, secretary-general of [...]

The post Thai Q-1 GDP +5.3% on Year; Government Cuts 2013 Growth Forecast appeared first on Live Trading News.

Thaksin pushes for charter rewrite, Red-Shirts rally

Paul A Ebeling Jr — Mon, 20 May 2013 19:20:29 +0000

Thaksin pushes for charter rewrite, Red-Shirts rally Thailand’s fugitive former Prime Minister Thaksin Shinawatra made a high-profile speech to his Red Shirt clad supporters Sunday night and called for continued effort to amend the constitution, which he said would bring “true democracy” to the country. Mr. Thaksin, speaking on SKYPE broadcast on giant open-air screens [...]

The post Thaksin pushes for charter rewrite, Red-Shirts rally appeared first on Live Trading News.

Benghazi is outright malfeasance, lying, criminal cover-up

Paul A Ebeling Jr — Mon, 20 May 2013 13:07:57 +0000

Benghazi is outright malfeasance, lying, criminal cover-up. Columnist and actor Ben Stein, who worked for the Nixon administration during the Watergate scandal Saturday said that President Obama’s administration is guilty of more than incompetence in the case of the Benghazi attack that resulted in the deaths of Ambassador Chris Stevens and 3 other Americans. “With [...]

The post Benghazi is outright malfeasance, lying, criminal cover-up appeared first on Live Trading News.

Bill Gross, Bond Rally’s End Not Likely to Be Reminiscent of 1994

Paul A Ebeling Jr — Mon, 20 May 2013 13:04:24 +0000

Bill Gross, Bond Rally’s End Not Likely to Be Reminiscent of 1994 BAC Pacific Investment Management Co.’s Bill Gross said the end of the 30-yr rally in US bonds is unlikely to be reminiscent of the drop in Y 1994, when the US Federal Reserve raised interest rates more than forecast. Markets are entering “a [...]

The post Bill Gross, Bond Rally’s End Not Likely to Be Reminiscent of 1994 appeared first on Live Trading News.

Thailand: Thai Baht Outlook

Shayne Heffernan — Sun, 19 May 2013 18:51:10 +0000

Thailand: Thai Baht Outlook Shayne Heffernan takes a look at the Thai Baht trading for the week ahead. Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bearish The Thai Baht is currently 1.2% below its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility [...]

The post Thailand: Thai Baht Outlook appeared first on Live Trading News.

The new DVD from Ed Ponsi: FX Educator

Shayne Heffernan — Sun, 19 May 2013 16:54:21 +0000

The new DVD from Ed Ponsi: FX Educator Complete, comprehensive trading course! Nearly 5 hours of professional instruction! Ten detailed technical trading strategies! Contains over 100 color charts and graphs! Complete coverage of fundamental analysis! Professional risk management techniques! Ed Ponsi is the President of FXEducator LLC and is the former Chief Trading Instructor for [...]

The post The new DVD from Ed Ponsi: FX Educator appeared first on Live Trading News.

Gossip in Hollywood: Porn Star Alexis Amore, Gwyneth Paltrow, $2,000,000 Poker

Gossip in Hollywood — Sun, 19 May 2013 15:41:59 +0000

Porn Star Alexis Amore is appearing live at EXXXOTICA South Florida 2013 Porn Star Alexis Amore is appearing live at EXXXOTICA South Florida 2013 THE LARGEST EVENT IN THE USA DEDICATED TO LOVE & SEX Alexis Amore (born December 29, 1978) is the stage name of a Peruvian-born pornographic actress, erotic dancer and model. Gwyneth [...]

The post Gossip in Hollywood: Porn Star Alexis Amore, Gwyneth Paltrow, $2,000,000 Poker appeared first on Live Trading News.

Key West Summer Fishing Adventures

Shayne Heffernan — Sun, 19 May 2013 13:59:23 +0000

Key West Party boat fishing is group fishing at it’s finest in the Florida Keys. In order to save you, the lucky fisherman, money on your party boat fishing trip, and still provide a great Key West fishing experience, we book a group of fishermen on a single chartered fishing trip, which lowers your cost [...]

The post Key West Summer Fishing Adventures appeared first on Live Trading News.

Platinum Technical Outlook

Shayne Heffernan — Sun, 19 May 2013 13:43:16 +0000

Platinum Technical Outlook Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bearish Candlesticks A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are “high,” it may be the first sign of a top. If it occurs when prices are confronting [...]

The post Platinum Technical Outlook appeared first on Live Trading News.

China’s Exporters Hit Hard by Rising CNY

Paul A Ebeling Jr — Sun, 19 May 2013 10:59:20 +0000

China’s Exporters Hit Hard by Rising CNY For Chinese exporters who have been facing sluggish demand from European and US markets since last year, the rising Yuan added another burden. According to the latest data from the Bank for International Settlements, the Yuan’s exchange rate index in April was 115.24, or 0.88% higher than in [...]

The post China’s Exporters Hit Hard by Rising CNY appeared first on Live Trading News.

Bob Woodward says, Benghazi Scandal Reminds Me of Watergate

Paul A Ebeling Jr — Sun, 19 May 2013 10:38:50 +0000

Bob Woodward says, Benghazi Scandal Reminds Me of Watergate Bob Woodward, who helped break the Watergate scandal as a Washington Post reporter in the early 1970s, sees a similarity between those events and the Benghazi scandal now embroiling the Obama administration. He pointed to White House laundering of its talking points after last year’s attack [...]

The post Bob Woodward says, Benghazi Scandal Reminds Me of Watergate appeared first on Live Trading News.

The Obama Admin Knew of IRS Probe During 2012 Campaign

Paul A Ebeling Jr — Sun, 19 May 2013 10:37:11 +0000

The Obama Admin Knew of IRS Probe During 2012 Campaign Senior Treasury officials were made aware in June 2012 that investigators were looking into complaints from Tea Party groups that they were being harassed by the Internal Revenue Service, a Treasury inspector general said, disclosing that Obama administration officials knew there was a probe during [...]

The post The Obama Admin Knew of IRS Probe During 2012 Campaign appeared first on Live Trading News.

UAE Economy Seeing a Spring Boom

Paul A Ebeling Jr — Sun, 19 May 2013 10:09:51 +0000

UAE Economy Seeing a Spring Boom HBC Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented economic boom in the Spring of Y 2013. While most Arab countries struggle to generate growth with the challenge of population growth, the UAE, a major [...]

The post UAE Economy Seeing a Spring Boom appeared first on Live Trading News.

Preakness Stakes, Oxbow Goes Wire to Wire, 1st in 30 yrs

Paul A Ebeling Jr — Sun, 19 May 2013 10:06:11 +0000

Preakness Stakes, Oxbow Goes Wire to Wire, 1st in 30 yrs Oxbow won the 138th running of the Preakness Stakes, going wire to wire, beating Orb. The winner of the Kentucky Derby, went off a 3-5, the biggest favorite since Big Brown in Y 2008. Rain was not a factor in the race. Final Finish: [...]

The post Preakness Stakes, Oxbow Goes Wire to Wire, 1st in 30 yrs appeared first on Live Trading News.

Hollywood Box Office Milestone: ‘Iron Man 3′ Hits $1-B

Monica Petrucci — Sun, 19 May 2013 10:04:45 +0000

Hollywood Box Office Milestone: ‘Iron Man 3′ Hits $1-B The Disney and Marvel Studios TentPole also scaled the $300-M mark at the domestic box office. Taking only 22 days, Shane Black’s Iron Man 3 hit $1-B in worldwide ticket sales Thursday to claim # 16 so far on the list of all-time highest-grossing films. Iron [...]

The post Hollywood Box Office Milestone: ‘Iron Man 3′ Hits $1-B appeared first on Live Trading News.

Myanmar’s President leaves for official visit to Washington

Paul A Ebeling Jr — Sun, 19 May 2013 09:50:21 +0000

Myanmar’s President leaves for official visit to Washington Myanmar President U Thein Sein left Nay Pyi Taw Friday night for Washington to pay an official visit to the United States, official sources said. On his 1st trip to Washington as a Myanmar head of state in 47 yrs, U Thein Sein will meet his US [...]

The post Myanmar’s President leaves for official visit to Washington appeared first on Live Trading News.

Maserati Becomes China’s Most Disliked Auto

Paul A Ebeling Jr — Sun, 19 May 2013 09:39:44 +0000

Maserati Becomes China’s Most Disliked Auto Chinese man put “Hit” on his 2011 Maserati Quattroporte A US$420,000 (tax paid), Y 2011 Maserati Quattroporte was recently hammered in Beijing. The owner, known only by his last name of Wang hired 4 hitmen to destroy the car with sledgehammers. Reports from the Qingdao Morning Post say that [...]

The post Maserati Becomes China’s Most Disliked Auto appeared first on Live Trading News.

Chopard Jewels Robbed from Hotel Room at Cannes Film Festival

Paul A Ebeling Jr — Fri, 17 May 2013 20:11:26 +0000

Chopard Jewels Robbed from Hotel Room at Cannes Film Festival $1-M worth of Chopard jewelry has been stolen at the Cannes Film Festival. French police confirmed to LTN, and other news sources, that a thief lifted Chopard’s jewelry from the safe of a Hotel Novotel Cannes room Thursday night. The hotel room belonged to a [...]

The post Chopard Jewels Robbed from Hotel Room at Cannes Film Festival appeared first on Live Trading News.

Gold Will Watch the USD and US Fed Chair Bernanke Next Week

Paul A Ebeling Jr — Fri, 17 May 2013 19:59:06 +0000

Gold Will Watch the USD and US Fed Chair Bernanke Next Week The direction of the USD, and comments from US Federal Reserve Chairmen Ben Bernanke will influence the Gold market next week. The USD’s strength was a factor in Gold-price weakness this week, as the USD index rose to its highest level since August [...]

The post Gold Will Watch the USD and US Fed Chair Bernanke Next Week appeared first on Live Trading News.

IRS Official in Targeting Scandal Now Oversees Obamacare Unit

Paul A Ebeling Jr — Fri, 17 May 2013 19:40:00 +0000

IRS Official in Targeting Scandal Now Oversees Obamacare Unit The Internal Revenue Service official charged with overseeing tax-exempt organizations when conservative groups were targeted for extra scrutiny now runs the agency’s office responsible for implementing Obamacare. Sarah Hall Ingram was commissioner of the office responsible for tax-exempt organizations from Ys 2009 to 2012, ABC News [...]

The post IRS Official in Targeting Scandal Now Oversees Obamacare Unit appeared first on Live Trading News.

Angelina Jolie: Genetic Testing is Surprisingly Easy

Shayne Heffernan — Fri, 17 May 2013 14:38:02 +0000

Angelina Jolie: Genetic Testing is Surprisingly Easy When Angelina Jolie told the world about her double mastectomy, she expressed a wish for all women with a family history of breast cancer: “It is my hope that they, too, will be able to get gene tested, and that if they have a high risk they, too, [...]

The post Angelina Jolie: Genetic Testing is Surprisingly Easy appeared first on Live Trading News.

US condemns Osaka’s Mayor’s remarks on WW II Sex Slaves

Paul A Ebeling Jr — Fri, 17 May 2013 11:20:28 +0000

US condemns Osaka’s Mayor’s remarks on WW II Sex Slaves The United States Thursday denounced the “outrageous and offensive” remarks made by Japan’s Osaka mayor regarding wartime sex slaves exploited by the Japanese military, or the so-called “Comfort Women.” “Mayor Hashimoto’s comments were outrageous and offensive,” department spokeswoman Jen Psaki said, as Toru Hashimoto, who [...]

The post US condemns Osaka’s Mayor’s remarks on WW II Sex Slaves appeared first on Live Trading News.

Gold demand surges in China, softens Globally

Paul A Ebeling Jr — Fri, 17 May 2013 11:17:23 +0000

Gold demand surges in China, softens Globally China’s demand for Gold rose 20% to 294 tonnes in Q-1 of Y 2013, while global Gold demand slid 13% in the period, according to a new World Gold Council (WGC) assessment. The WGC recorded demand in China for 185 tonnes of Gold jewelry in Q-1, + 19 [...]

The post Gold demand surges in China, softens Globally appeared first on Live Trading News.

China Cuts the ” Red Tape” for Investment Projects

Paul A Ebeling Jr — Fri, 17 May 2013 11:07:55 +0000

China Cuts the ” Red Tape” for Investment Projects HBC In a move to cut the “red tape” and boost economic growth, China has decided to eliminate the need for central government approval for a wide range of investments. Local governments can now give approval for some investment projects, the State Council, or cabinet, said [...]

The post China Cuts the ” Red Tape” for Investment Projects appeared first on Live Trading News.

Obama Under Fire, US House Votes to Repeal Obamacare

Paul A Ebeling Jr — Fri, 17 May 2013 10:52:57 +0000

Obama Under Fire, US House Votes to Repeal Obamacare The US House voted to repeal Obamacare Thursday for the 3rd time since Republicans took over the Chamber in Y 2011 and the 37th time the House GOP has voted to repeal or defund a part of the bill. The 229-195 vote included two Democrats who [...]

The post Obama Under Fire, US House Votes to Repeal Obamacare appeared first on Live Trading News.

California Tuna Fishing Season to Begin

Shayne Heffernan — Thu, 16 May 2013 18:29:34 +0000

California Tuna Fishing Season to Begin EXPLORATORY TUNA TRIP Be on board to catch the FIRST TUNA of the year on the FASTEST boat in the fleet! Fish with Captain Bob Taft and Captain “barefoot” Scottie Hart on theTopGun 80′s first Exploratory trip of the season! TopGun 80 departs at 8 PM on Friday,, May [...]

The post California Tuna Fishing Season to Begin appeared first on Live Trading News.

ECB’s Liikanen, Bail-Ins, Not Bail-Outs Should Be the Rule

Paul A Ebeling Jr — Thu, 16 May 2013 17:32:36 +0000

ECB’s Liikanen, Bail-Ins, Not Bail-Outs Should Be the Rule Europe needs clear and transparent rules on which creditors will be the 1st to face losses when a bank fails, one that shift the burden from the taxpayer, a member of the European Central Bank’s decision-making panel said Thursday evening. “Bailout, which means government support, should [...]

The post ECB’s Liikanen, Bail-Ins, Not Bail-Outs Should Be the Rule appeared first on Live Trading News.

LA Auto Show’s Connected Car Expo

John Heffernan — Thu, 16 May 2013 16:12:41 +0000

LA Auto Show’s Connected Car Expo Top Automotive Tech Influencers Headline LA Auto Show’s Connected Car Expo A Who’s Who of Industry Thought Leaders to Share Insights on Emerging Vehicle Technology No trend in the auto industry is more topical than advanced technology platforms. To underscore that fact, the LA Auto Show confirmed today that [...]

The post LA Auto Show’s Connected Car Expo appeared first on Live Trading News.

Obama trying to defuse controversy, releases Benghazi emails

Paul A Ebeling Jr — Thu, 16 May 2013 09:29:08 +0000

Obama trying to defuse controversy, releases Benghazi emails The White House Wednesday sought to defuse controversy over its handling of last year’s killing of 4 Americans in Benghazi, releasing emails that show how Obama administration officials presented a scrubbed-down version of the attacks to the public. The documents gave a glimpse into the administration’s message [...]

The post Obama trying to defuse controversy, releases Benghazi emails appeared first on Live Trading News.

Obamagate: Jail Time Called for Violators

Paul A Ebeling Jr — Thu, 16 May 2013 09:03:55 +0000

Jail Time Called for Violators in IRS Scandal House of Representatives Speaker John Boehner raised the possibility of jail time Wednesday for law violations in the growing scandal involving the Internal Revenue Service’s targeting of conservative groups for extra tax scrutiny. “My question isn’t about who is going to have to resign, my question is [...]

The post Obamagate: Jail Time Called for Violators appeared first on Live Trading News.

China Withdraws Stimulus

Paul A Ebeling Jr — Thu, 16 May 2013 09:00:55 +0000

China Withdraws Stimulus China’s central bank is set to reduce the amount of money in the financial system this week for the 1st time in 3 wks, as the flow of speculative funds from overseas increases the need to avoid oversupply. The People’s Bank of China is likely to drain a net CNY35-B ($5.70-B) through [...]

The post China Withdraws Stimulus appeared first on Live Trading News.

Vietnam targets to earn US$40-B from electronics exports by 2017

Paul A Ebeling Jr — Thu, 16 May 2013 08:51:11 +0000

Vietnam targets to earn US$40-B from electronics exports by 2017 SSNLF Vietnam set a target to earn US$40-B from electronics exports by Y 2017, over nearly US$20-B from Y 2012. The remarks were made by Vietnamese Deputy Prime Minister Nguyen Thien Nhan at the 18th Annual World Electronics Forum (WEF) in capital Hanoi, which drew [...]

The post Vietnam targets to earn US$40-B from electronics exports by 2017 appeared first on Live Trading News.

Chinese Concerned About Bloomberg Terminals

Paul A Ebeling Jr — Thu, 16 May 2013 08:48:07 +0000

Chinese Concerned About Bloomberg Terminals Chinese users of Bloomberg terminals expressed concerns Wednesday about Bloomberg News allowing journalists access to data on how clients use the terminals and urged the company to protect client data and ensure financial security. The concerns were in response to media reports Tuesday that China’s central bank and foreign exchange [...]

The post Chinese Concerned About Bloomberg Terminals appeared first on Live Trading News.

IRS Chief Lied on Targeting Tea Party Groups

Paul A Ebeling Jr — Wed, 15 May 2013 15:38:50 +0000

IRS Chief Lied on Targeting Tea Party Groups Senator Orrin Hatch declared in an interview that Acting IRS Commissioner Steven Miller “basically misled me and purposefully did so” when he told legislators three times last year that Tea Party groups were not being targeted by the agency. “He purposely misled me because he knew better,” [...]

The post IRS Chief Lied on Targeting Tea Party Groups appeared first on Live Trading News.

EU wants Switzerland to end bank secrecy

Paul A Ebeling Jr — Wed, 15 May 2013 12:10:26 +0000

EU wants Switzerland to end bank secrecy EU finance ministers gave the Green Light Tuesday to start talks with Switzerland and Liechtenstein about surrendering bank data, as Europe stepped up its fight against tax evasion. The move, described as ‘historic’ by Germany’s Finance Minister Wolfgang Schaeuble, redoubles pressure on Switzerland to open up account details [...]

The post EU wants Switzerland to end bank secrecy appeared first on Live Trading News.

Shanghai Free Trade Zone Update

Paul A Ebeling Jr — Wed, 15 May 2013 11:59:53 +0000

Shanghai Plans Free Trade Zone SS:600284 Despite rapid development in the past few years, many die-hard traditionalists in Shanghai still believe in the old adage that a bed in Puxi is preferred to a house in Pudong. But this “wilderness” has now become the focus of the city’s future. And this is not just related [...]

The post Shanghai Free Trade Zone Update appeared first on Live Trading News.

Obamagate: DOJ to Investigate IRS Targeting of Tea Party

Paul A Ebeling Jr — Wed, 15 May 2013 11:57:46 +0000

Obamagate: DOJ to Investigate IRS Targeting of Tea Party The US Justice Department is opening a criminal investigation into the Internal Revenue Service’s targeting of tea party groups for extra scrutiny over whether they qualified for tax exempt status, Attorney General Eric Holder announced Tuesday. Mr. Holder said the FBI is coordinating with the Department [...]

The post Obamagate: DOJ to Investigate IRS Targeting of Tea Party appeared first on Live Trading News.

Obamagate: IRS Leaked Confidential Documents to Liberal Groups

Paul A Ebeling Jr — Wed, 15 May 2013 11:57:11 +0000

Obamagate: IRS Leaked Confidential Documents to Liberal Groups The Internal Revenue Service gave confidential documents from conservative groups to the investigative website ProPublica, the website reported Monday ProPublica says after the Y 2012 election it requested documents from 67 organizations, and the IRS sent them information on 31 groups, 9 of groups had not yet [...]

The post Obamagate: IRS Leaked Confidential Documents to Liberal Groups appeared first on Live Trading News.

Hillary Clinton is the Real ‘Sideshow’ in Benghazi Scandal

Paul A Ebeling Jr — Wed, 15 May 2013 11:49:02 +0000

Hillary Clinton is the Real ‘Sideshow’ in Benghazi Scandal Claims that Republicans are making too much of the Benghazi affair in an effort to discredit likely Democratic presidential candidate Hillary Clinton are false, former Defense Secretary Donald Rumsfeld said Tuesday. “No, that is the Sideshow, the Hillary Clinton piece of it,” Mr. Rumsfeld said Tuesday [...]

The post Hillary Clinton is the Real ‘Sideshow’ in Benghazi Scandal appeared first on Live Trading News.

Australia Economy Suffers from Wayne Swan

Shayne Heffernan — Tue, 14 May 2013 19:49:03 +0000

Australia Economy Suffers from Wayne Swan Wayne Swan, Australia’s worst ever treasurer has managed to leave Australia worse off then he started, despite a mining boom and potential riches, Mr Swan’s anti business, xenophobic policies kept the country going backwards. Although the Global economy is in some serious doubt there was room over the past [...]

The post Australia Economy Suffers from Wayne Swan appeared first on Live Trading News.

Euro Crisis Remains a Threat

Shayne Heffernan — Tue, 14 May 2013 19:36:59 +0000

Euro Crisis Remains a Threat A majority of European investors believes that the eurozone debt crisis is still a threat to financial markets which are rising strongly despite weak activity in Europe, according to Fitch Ratings agency in a report yesterday. The findings were based on a quarterly survey carried out between April 3 and [...]

The post Euro Crisis Remains a Threat appeared first on Live Trading News.

Obama says, DC Gridlock Is Rush Limbaugh’s Fault

Paul A Ebeling Jr — Tue, 14 May 2013 18:35:21 +0000

Obama says, DC Gridlock Is Rush Limbaugh’s Fault US President Obama told Hollywood donors he expected more co-operation from Republicans after beating them in November. What he did not count on, he added, was the power of Rush Limbaugh. Tuesday morning is was reported that Mr,Obama told a group at the Greenwich Village home of [...]

The post Obama says, DC Gridlock Is Rush Limbaugh’s Fault appeared first on Live Trading News.

There is No Magic Bullet for US Economy

Paul A Ebeling Jr — Tue, 14 May 2013 18:31:10 +0000

There is No Magic Bullet for US Economy BAC Bank of America’s NYSE:BAC CEO Brian Moynihan sees nothing special in the comeback of the American economy, just a slow and steady move that will continue. Mr. Moynihan said in an interview Tuesday thate he still sees lots of caution among the bank’s clients, both business [...]

The post There is No Magic Bullet for US Economy appeared first on Live Trading News.

Melting Ice Cap Draws China, Japan to Explore for Arctic Riches

Paul A Ebeling Jr — Mon, 13 May 2013 19:40:55 +0000

Melting Ice Cap Draws China, Japan to Explore for Arctic Riches OGZPY Japan, China and South Korea are looking to expand their influence in the Arctic as melting ice offers potentially lucrative access to resources and shipping shortcuts in the region. Asia’s biggest economies are among 14 applicants seeking observer status on the 8-nation Arctic [...]

The post Melting Ice Cap Draws China, Japan to Explore for Arctic Riches appeared first on Live Trading News.

Lost F-1 Bet Turns Richard Branson Into Virgin Flight Attendant

Paul A Ebeling Jr — Mon, 13 May 2013 19:35:39 +0000

Lost F-1 Bet Turns Richard Branson Into Virgin Flight Attendant Sunday, Virgin Group founder Richard Branson donned blonde wig, bright red lipstick, and a red skirt after losing a bet on a Formula One race that called for him to dress in drag as a flight attendant. Mr. Branson even shaved his legs to honor [...]

The post Lost F-1 Bet Turns Richard Branson Into Virgin Flight Attendant appeared first on Live Trading News.

Moody’s Warn on China

Shayne Heffernan — Mon, 13 May 2013 11:29:53 +0000

Moody’s Warn on China China’s shadow banking activities have risen nearly 70 percent over the past two years and now total more than half the size of the world’s second-largest economy, ratings agency Moody’s said Monday. Shadow banking includes private lending, off-balance-sheet vehicles and trusts, and allows borrowers to circumvent banks’ formal underwriting standards, as [...]

The post Moody’s Warn on China appeared first on Live Trading News.

Hong Kong’s economy grew 2.8% in Q-1 of 2013

Paul A Ebeling Jr — Mon, 13 May 2013 10:34:08 +0000

Hong Kong’s economy grew 2.8% in Q-1 of 2013 Hong Kong’s economy grew 2.8% Y-Y in Q-1 On a seasonally adjusted Q-Q comparison, real GDP expanded by 0.2%. Announcing the figures Friday, government economist Helen Chan said the modest growth was mainly backed by a relatively resilient domestic sector, while the external sector is still [...]

The post Hong Kong’s economy grew 2.8% in Q-1 of 2013 appeared first on Live Trading News.

Secrets of the Cannes Call Girls

Paul A Ebeling Jr — Sun, 12 May 2013 11:33:49 +0000

Secrets of the Cannes Call Girls A businessman who was convicted in a Y 2007 prostitution ring bust reveals the Secrets of how models, and even some Hollywood actresses invade the hotels and yacht parties during the Cannes Film fest. Says one escort, it is “the Biggest Payday of the Year.” Lebanese businessman Elie Nahas, [...]

The post Secrets of the Cannes Call Girls appeared first on Live Trading News.

Obama Attcks the Banks

Shayne Heffernan — Sun, 12 May 2013 11:27:12 +0000

Big Banks Looking to Minimize Collateral Damage STT, BK, JPM Global regulations and changing market dynamics are mandating new, complex requirements for the use of collateral, which are forcing both sell-side and buy-side firms to re-evaluate their need for and use of collateral. Mandatory clearing of OTC derivatives transactions has dealers and swap participants scrambling [...]

The post Obama Attcks the Banks appeared first on Live Trading News.

Hillary Clinton Directly Responsible for Benghazi Failure

Paul A Ebeling Jr — Sun, 12 May 2013 11:21:34 +0000

Hillary Clinton Directly Responsible for Benghazi Failure Speaking at an event hosted by the Iowa Federation of Republican Women Friday, US Senator Rand Paul, R-KY., said that Hilary Clinton’s alleged failure to prevent the attack on the American consulate in Benghazi should “preclude” her from ever again holding public office again. Sen. Paul says he [...]

The post Hillary Clinton Directly Responsible for Benghazi Failure appeared first on Live Trading News.

Are Banks Safe?

Paul A Ebeling Jr — Sun, 12 May 2013 11:20:00 +0000

International law enforcement fights rising sophisticated cyber attacks FISV International law enforcement agencies say the recent $45-M ATM heist is one of many scams they are fighting worldwide. Old school robberies by masked bandits are being eclipsed by stealth multimillion dollar cybercrime operations that catch companies and investigators by surprise. “We are seeing an unprecedented [...]

The post Are Banks Safe? appeared first on Live Trading News.

Gossip in Hollywood, Brittany Palmer, Liv Tyler

Gossip in Hollywood — Sun, 12 May 2013 10:46:31 +0000

Gossip in Hollywood, Brittany Palmer, Liv Tyler Sexy UFC Girl Britney Palmer Sexy Britney Palmer is hands-down one of the hottest UFC ring girls you’ve ever seen. Nothing tempers the brutality of an MMA fight better than Sexy Britney Palmer’s smiling face. An accomplished artist, spokes model, host, and dancer, Brittney Palmer is a modern [...]

The post Gossip in Hollywood, Brittany Palmer, Liv Tyler appeared first on Live Trading News.

Free Poker Odds Calculator

Shayne Heffernan — Fri, 10 May 2013 23:59:21 +0000

Poker Odds Calculator The Poker Odds Calculator is industry leading poker software that will improve your game by utilizing hand probabilities, win odds, pot odds and opposition patterns to give you the best possible chance to win. This tool also has a hand replayer built-in to help you analyze your game and become a [...]

The post Free Poker Odds Calculator appeared first on Live Trading News.

US Fed Officials Debate QE’s Effect on Jobs Market

Paul A Ebeling Jr — Fri, 10 May 2013 17:44:51 +0000

US Fed Officials Debate QE’s Effect on Jobs Market Just a week after US Federal Reserve policymakers endorsed a plan to keep buying bonds to boost economic growth and hiring, they are now airing their differences over their easy money policy. “I think we should try as hard as we can” to turn things around, [...]

The post US Fed Officials Debate QE’s Effect on Jobs Market appeared first on Live Trading News.

Japan Drunk With Cash

Paul A Ebeling Jr — Fri, 10 May 2013 10:23:45 +0000

Japan Drunk With Cash Official figures released Friday showed bank lending rose 2.1% in April from a year earlier, the largest percentage gain since July 2009. Separate data showed the country’s current account, the broadest measure of trade with the rest of the world, stood at JPY1.25-T ($12.4-B) in March before seasonal adjustment. The robust [...]

The post Japan Drunk With Cash appeared first on Live Trading News.

China Auto’s Sell, Economy in Doubt

Paul A Ebeling Jr — Fri, 10 May 2013 10:14:11 +0000

China Auto’s Sell, Economy in Doubt of China-made automobiles continued to post strong growth in April, although economic prospects remained blurred in the world’s second-largest economy, an industry report showed Thursday. A total of 1.84-M vehicles were sold last month in China, a rise of 13.38% compared to a year ago, said the China Association [...]

The post China Auto’s Sell, Economy in Doubt appeared first on Live Trading News.

Global Money Printing Hurts China

Paul A Ebeling Jr — Fri, 10 May 2013 10:02:32 +0000

The excess global liquidity and subsequent capital arbitrage in the Chinese market have pushed up the USD/CNY to new highs in recent trading, analysts said. The central parity rate of the USD/CNY strengthened 55 basis points to a record high of 6.1925 Vs the USD on Thursday, after it advanced 103 basis points in the [...]

The post Global Money Printing Hurts China appeared first on Live Trading News.

China Inflation Sparks Concern, Markets Fall

Shayne Heffernan — Thu, 09 May 2013 10:42:10 +0000

World stock markets were mostly lower Thursday as investors weighed an interest rate cut in South Korea against rising inflation in China. South Korea’s Kospi index jumped 1.2 percent to 1,979.45 after the Bank of Korea lowered its benchmark interest rate for the first time in seven months. In announcing that it was lowering the [...]

The post China Inflation Sparks Concern, Markets Fall appeared first on Live Trading News.

Euro Crisis Unemployment Skyrockets

Shayne Heffernan — Thu, 09 May 2013 09:51:42 +0000

Euro Crisis Unemployment Skyrockets Unemployment in indebted Greece climbed to 27 percent of the workforce in February compared with 26.7 percent a month earlier, the state statistics agency said. The number of unemployed swelled to 1.32 million, while 3.56m were registered as employed. The highest rate was registered for youths aged 15-24, at 64.2 percent. [...]

The post Euro Crisis Unemployment Skyrockets appeared first on Live Trading News.

China EU Trade War Looms

Paul A Ebeling Jr — Thu, 09 May 2013 07:50:26 +0000

Anti-dumping duties against China to harm EU solar markets Over 450 companies in the European solar industry Wednesday voiced strong opposition to a potential decision by the European Commission to impose provisional anti-dumping duties on imports of Chinese solar panels. The statement was made amid a number of media reports in recent days that the [...]

The post China EU Trade War Looms appeared first on Live Trading News.

Thailand Red Shirt protests, seeking removal of charter court judges

Paul A Ebeling Jr — Wed, 08 May 2013 19:52:00 +0000

Thai Red Shirt protests, seeking removal of charter court judges Pro-government “Red-shirt” protesters Wednesday demonstrated in front of the parliament and the Constitutional Court as they demanded the removal of charter court judges. A few thousands of protesters led by the Radio Broadcasters for Democracy, a faction of the anti-establishment and pro-government red-shirt movement, demonstrated [...]

The post Thailand Red Shirt protests, seeking removal of charter court judges appeared first on Live Trading News.

China’s Ocean Development Report (2013)

Shayne Heffernan — Wed, 08 May 2013 19:19:38 +0000

A government report released on Wednesday emphasized maritime security in safeguarding China’s national security. The threats currently facing China mainly come from the sea, according to “China’s Ocean Development Report (2013),” which was released by the China Institute for Marine Affairs under the State Oceanic Administration, Xinhua news agency reports. “Since 2012, the most direct [...]

The post China’s Ocean Development Report (2013) appeared first on Live Trading News.

Malaysia: 50,000 Rally Against Illegal Voters, Bogus Ballots

Shayne Heffernan — Wed, 08 May 2013 18:28:35 +0000

Malaysia: 50,000 Rally Against Illegal Voters, Bogus Ballots Opposition leader Anwar Ibrahim’s three-party alliance believes the National Front coalition used illegal voters, bogus ballots and other irregularities in May 5 national polls to extend its 56 years of rule. Prime Minister Najib Razak has rejected the accusations and maintained that the elections were free and [...]

The post Malaysia: 50,000 Rally Against Illegal Voters, Bogus Ballots appeared first on Live Trading News.

Golden Spike ‘s human lunar expedition architecture

Shayne Heffernan — Wed, 08 May 2013 16:08:32 +0000

Northrop Grumman Completes Lunar Lander Study for Golden Spike Company Study identifies a new minimalist ascent pod lunar lander concept Northrop Grumman Corporation (NYSE: NOC) has completed a feasibility study for a new commercial lunar lander for the Golden Spike Company (GSC). The study confirmed the viability of lander concepts for Golden Spike ‘s human [...]

The post Golden Spike ‘s human lunar expedition architecture appeared first on Live Trading News.

Court decision: Loders Croklaan must not be “IOI” in Germany

Shayne Heffernan — Wed, 08 May 2013 13:16:05 +0000

Court decision: Loders Croklaan must not be “IOI” in Germany Hamburg, 06.05.2013 Frankfurt’s Court of Appeals was to decide who may use the term “IOI” as company sign in Germany. Hamburg based Imperial-Oel-Import, a family owned supplier of sustainably sourced natural oils, fats and waxes founded 1920, had been using “IOI” as a logo since [...]

The post Court decision: Loders Croklaan must not be “IOI” in Germany appeared first on Live Trading News.

Gold Price Report

Shayne Heffernan — Wed, 08 May 2013 12:24:22 +0000

Gold Price Report Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 48.0008. This is not an overbought or oversold reading. The last signal was a sell 5 period(s) ago. Relative Strength Index (RSI) The RSI shows overbought (above [...]

The post Gold Price Report appeared first on Live Trading News.

The Euro Has Failed

Paul A Ebeling Jr — Wed, 08 May 2013 11:46:23 +0000

Euro Founder Says, the Single Currency Should Be Broken Up The German finance minister who was a leading voice in launching the Euro says it was a big mistake, and the currency should be scrapped now before it leads to disaster. Oskar Lafontaine said the results of current pan-European efforts to support the Euro are [...]

The post The Euro Has Failed appeared first on Live Trading News.

Luxembourg banks pin hope on emerging East

Shayne Heffernan — Wed, 08 May 2013 11:43:10 +0000

Luxembourg banks pin hope on emerging East Amid growing pressure from neighboring European partners and the United States, Luxembourg as a financial center aims to cash in on growing trade relations between the Gulf Arab region and the Far East, Luxembourg’s Minister of Finance Luc Frieden said Monday. Mr. Frieden said that he regarded the [...]

The post Luxembourg banks pin hope on emerging East appeared first on Live Trading News.

Australia Joins the Currency War

Paul A Ebeling Jr — Tue, 07 May 2013 07:44:38 +0000

Australia Joins the Currency War RBA Cuts Cash Rate to Record Low Australia’s central bank cut interest rates by a quarter of a percentage point to a record low of 2.75%, as a fading mining boom and strong local currency weighs on the resource-rich economy. The Reserve Bank of Australia, or RBA, has now lowered [...]

The post Australia Joins the Currency War appeared first on Live Trading News.

Focus On Climate Change

Shayne Heffernan — Mon, 06 May 2013 19:05:49 +0000

Focus On Climate Change The key to understanding our extended climate forecast may lie in the distant past. On Tuesday, May 7, at NASA’s Langley Research Center, meteorologist Michael Mann will present, “The Past as Prologue: Learning from the Climate Changes in Past Centuries,” at 2 p.m. in the Reid Conference Center here. Mann will [...]

The post Focus On Climate Change appeared first on Live Trading News.

40th Anniversary Of Skylab And Life Off Earth

Shayne Heffernan — Mon, 06 May 2013 17:52:09 +0000

40th Anniversary Of Skylab And Life Off Earth NASA will commemorate the 40th anniversary of America’s first space station Monday, May 13, with a televised roundtable discussion featuring Skylab astronauts, a current astronaut and agency managers planning future space missions. The discussion, open to NASA employees and the public, will begin at 2:30 p.m. EDT [...]

The post 40th Anniversary Of Skylab And Life Off Earth appeared first on Live Trading News.

EuroZone Business Activity Contracts

Paul A Ebeling Jr — Mon, 06 May 2013 16:32:27 +0000

EuroZone Business Activity Contracts Euro-zone business output shrank at a less rapid pace in April, but the downturn broadened to include Germany as well as France, Italy and Spain, meaning companies in the bloc’s four biggest economies curtailed their activity. Markit said its composite purchasing managers index, an indicator of business output in the EuroZone, [...]

The post EuroZone Business Activity Contracts appeared first on Live Trading News.

Economic Growth in Indonesia Slows

Shayne Heffernan — Mon, 06 May 2013 09:49:54 +0000

Economic Growth in Indonesia Slows The Central Statistics Agency (BPS) on Monday announced that Indonesia’s economy grew 6.02 percent year on year in the first quarter of 2013, the slowest pace in more than two years. That compares with a 6.11 percent pace reported previously for the fourth quarter of 2012 and the median estimate [...]

The post Economic Growth in Indonesia Slows appeared first on Live Trading News.

Euro Crisis is Not Improving

Shayne Heffernan — Mon, 06 May 2013 09:27:52 +0000

Euro Crisis is Not Improving Italy’s economy is forecast to shrink by 1.4 percent this year and grow by 0.7 percent next year while unemployment will rise to a record high of 12.3 percent in 2014, figures from the national statistics agency ISTAT showed on Monday. The 2013 forecast is sharply down on the 0.5 [...]

The post Euro Crisis is Not Improving appeared first on Live Trading News.

Malaysia Faces a Downgrade

Paul A Ebeling Jr — Mon, 06 May 2013 09:08:44 +0000

Fitch Ratings Want Clarity on Malaysia Policies Fitch Ratings Monday said it is seeking greater clarity on Malaysia’s fiscal and economic policies after the ruling coalition was voted back into power with a comfortable margin. The credit-ratings firm had previously noted rising public debt ratios “may eventually exert negative pressure on the ratings,” said head [...]

The post Malaysia Faces a Downgrade appeared first on Live Trading News.

Australia Cuts Economic Growth Forecasts

Paul A Ebeling Jr — Mon, 06 May 2013 09:06:06 +0000

Australia Cuts Economic Growth Forecasts Australia’s treasury department has lowered its growth forecasts for the current fiscal year and next, the Australian Financial Review reported Monday without citing a source. The treasury department has cut its gross domestic product growth outlook by one quarter of a percentage point and now expects growth of 2.75% for [...]

The post Australia Cuts Economic Growth Forecasts appeared first on Live Trading News.

Senator Graham, Benghazi Testimony Is Chilling

Paul A Ebeling Jr — Mon, 06 May 2013 08:50:21 +0000

Senator Graham, Benghazi Testimony Is Chilling US Senator Lindsey Graham said Saturday that once Americans hear the testimony of three State Department survivors of the 9/11, 2012 attacks on the US diplomatic mission in Libya next week, “it is going to make you mad. It is going to make you upset.” “Come Wednesday, you arfe [...]

The post Senator Graham, Benghazi Testimony Is Chilling appeared first on Live Trading News.

China and ASEAN to Expand Free Trade

Shayne Heffernan — Sun, 05 May 2013 19:04:15 +0000

China and ASEAN to Expand Free Trade China made proposals to the Asian Development Bank (ADB) for promoting Asia development, at a time when Asian countries are face with internal structural problems and weakening external demand. Chinese Vice Finance Minister Zhu Guangyao said at the 45th Annual Meeting of ADB Board Governors that China believes [...]

The post China and ASEAN to Expand Free Trade appeared first on Live Trading News.

Japan Invests in Saudi Arabia

Shayne Heffernan — Sun, 05 May 2013 18:57:29 +0000

Japan Invests in Saudi Arabia Japanese investors held talks with their Saudi counterparts on the sidelines of the recent official visit of Japanese Premier Shinzo Abe to the Kingdom. This was stated by Professor Etsura Honda, economic adviser to the premier. “The two parties discussed many opportunities in view of the important role trade plays [...]

The post Japan Invests in Saudi Arabia appeared first on Live Trading News.

Troika Destroyed Cyprus

LiveTradingNews.com wire staff — Sun, 05 May 2013 08:28:02 +0000

Troika Destroyed Cyprus When Cyprus applied to the European Union and the International Monetary Fund for bailout in June last year it was unexpectedly confronted with orchestrated attacks on its banking and tax systems. Final negotiations for the bailout deal coincided with the opening shots in an electoral campaign for general elections in Germany scheduled [...]

The post Troika Destroyed Cyprus appeared first on Live Trading News.

Congressional Benghazi Hearing

Paul A Ebeling Jr — Sun, 05 May 2013 08:08:00 +0000

Three US State Dept. Official Will Testify at Congressional Benghazi Hearing Three career State Department officials being described as Benghazi “whistleblowers” will testify at Wednesday’s widely anticipated congressional hearing. The 3 men who will testify about the 11 September 2012 attacks, in which US Ambassador Christopher Stevens and three other Americans were killed, are: 1. [...]

The post Congressional Benghazi Hearing appeared first on Live Trading News.

Expect More Economic Worries from China

Shayne Heffernan — Sat, 04 May 2013 18:33:41 +0000

China sees non-manufacturing sector shrinking in April China’s non-manufacturing sector contracted in April, according to official figures issued on Friday. The purchasing managers index (PMI) for the non-manufacturing sector stood at 54.5 percent in April, down 1.1 percentage points from the previous month, the National Bureau of Statistics (NBS) and the China Federation of Logistics [...]

The post Expect More Economic Worries from China appeared first on Live Trading News.

Tiger Cubs Born At Busch Gardens® Tampa

Shayne Heffernan — Sat, 04 May 2013 18:27:29 +0000

Three endangered Malayan tiger cubs, two males and one female, were born at Busch Gardens Tampa Sunday, March 31. These births are critical to help preserve the species. Scientists estimate that only 500 remain in the wild. Each cub weighs between six and seven pounds, and is currently being monitored around the clock by the [...]

The post Tiger Cubs Born At Busch Gardens® Tampa appeared first on Live Trading News.

ASEAN equity markets to outperform on slower global growth

Paul A Ebeling Jr — Sat, 04 May 2013 18:12:42 +0000

ASEAN equity markets to outperform on slower global growth HCS, UOB As investors wait for economic data and central bank policy meetings in the Eurozone and the United States, financial research agencies forecast Southeast Asian Bourses to outshine its Asian peers in the coming months despite slower growth in global economy. Within Asia, only the [...]

The post ASEAN equity markets to outperform on slower global growth appeared first on Live Trading News.

ASEAN+3 endorse initiative for infrastructure financing bonds

Shayne Heffernan — Sat, 04 May 2013 18:05:42 +0000

ASEAN+3 endorse initiative for infrastructure financing bonds ASEAN countries, together with China, Japan and South Korea, on Friday endorsed an initiative on “Fostering Infrastructure Financing Bonds Development” in order to boost infrastructure projects in Southeast Asian countries. The finance ministers, central bank governors and senior officials of these countries said the Asian Bond Markets Initiative, [...]

The post ASEAN+3 endorse initiative for infrastructure financing bonds appeared first on Live Trading News.

Gold Price: Chinese Housewives Vs Wall Street Short-Sellers

Paul A Ebeling Jr — Fri, 03 May 2013 18:05:25 +0000

Gold Price: Chinese Housewives Vs Wall Street Short-Sellers According to a local Hong Kong newspaper, the largest fall in Gold prices in 30 yrs prompted the Mainland Chinese tourists to buy about 60 tonnes of Gold in Hong Kong during the 3-day Labour Day holiday. After this surge of buying, physical demand will inevitably slow [...]

The post Gold Price: Chinese Housewives Vs Wall Street Short-Sellers appeared first on Live Trading News.

USA Establishes New Normal of Low Growth, High Unemployment

Paul A Ebeling Jr — Fri, 03 May 2013 18:01:27 +0000

USA Establishes New Normal of Low Growth, High Unemployment Bill Gross, manager of the world’s biggest bond fund, said the “new normal” of subpar economic growth in the world’s biggest economy is intact even after US employment increased more than forecast in April. “We don’t see higher real growth than 2% going forward,” Pacific Investment [...]

The post USA Establishes New Normal of Low Growth, High Unemployment appeared first on Live Trading News.

Global Warming Hits Rainfall Levels

Shayne Heffernan — Fri, 03 May 2013 14:23:23 +0000

A NASA-led modeling study provides new evidence that global warming may increase the risk for extreme rainfall and drought. The study shows for the first time how rising carbon dioxide concentrations could affect the entire range of rainfall types on Earth. Analysis of computer simulations from 14 climate models indicates wet regions of the world, [...]

The post Global Warming Hits Rainfall Levels appeared first on Live Trading News.

China Builds Giant Penis

Shayne Heffernan — Fri, 03 May 2013 08:36:01 +0000

Unamused Chinese censors have been at work to stop people sniggering over the new Beijing headquarters of the People’s Daily newspaper, which bear an unfortunate resemblance to a giant penis. Photos of the imposing tower, which is still under construction, has set the online world abuzz, especially given one of Beijing’s other landmarks – the [...]

The post China Builds Giant Penis appeared first on Live Trading News.

Thai Trade Expo draws thousands of Cambodian visitors

Paul A Ebeling Jr — Fri, 03 May 2013 08:26:12 +0000

Thai Trade Expo draws thousands of Cambodian visitors Thousands of Cambodian people visited and bought Thai products Thursday at a large scale exhibition although simmering border spat between the two countries remains unsolved. “Even though border dispute is still going on, trade and investment ties between Thailand and Cambodia are still good,” Amparwon Pichalai, deputy [...]

The post Thai Trade Expo draws thousands of Cambodian visitors appeared first on Live Trading News.

Singapore Manufacturing Expands for 2nd Month Running

Paul A Ebeling Jr — Fri, 03 May 2013 08:22:10 +0000

Singapore Manufacturing Expands for 2nd Month Running Singapore’s manufacturing activity expanded in April for the 2nd month running, though at a slower pace than in March as growth in new orders eased slightly. The purchasing managers’ index was 50.3 in April compared with 50.6 in March, according to a survey released Thursday by the Singapore [...]

The post Singapore Manufacturing Expands for 2nd Month Running appeared first on Live Trading News.

China will play a more important role in Middle East

LiveTradingNews.com wire staff — Fri, 03 May 2013 07:51:27 +0000

China will play a more important role in Middle East At the invitation of Chinese leaders, Palestinian President Mahmoud Abbas and Israeli Prime Minister Benjamin Netanyahu will visit China from 5-7 May and from 6-10 May respectively. This is the first time for the leaders of the two sides to visit China in succession. It [...]

The post China will play a more important role in Middle East appeared first on Live Trading News.

Myannar President U Thein Sein resigns as ruling party Chairman

Paul A Ebeling Jr — Fri, 03 May 2013 07:22:20 +0000

Myannar President U Thein Sein resigns as ruling party Chairman Myanmar President U Thein Sein has resigned as Chairman of the ruling Union Solidarity and Development Party (UNDP) and his party post was replaced by its vice chairman U Shwe Mann, according to the party’s Union Daily Thursday. In accordance with the Y 2008 constitution, [...]

The post Myannar President U Thein Sein resigns as ruling party Chairman appeared first on Live Trading News.

Liberty Vs Security

Paul A Ebeling Jr — Thu, 02 May 2013 18:00:23 +0000

CNN Poll: 4 in 10 Americans Open to Give Up Liberties for Security A new poll shows a willingness by 4 out of 10 Americans to give up some civil liberties to fight terrorism. But they don’t want the government eavesdropping on their cell phone calls or emails. The CNN/Time/ORC International Poll shows that concerns [...]

The post Liberty Vs Security appeared first on Live Trading News.

ECB and a Pointless Rate cut

Shayne Heffernan — Thu, 02 May 2013 12:03:14 +0000

The European Central Bank pared back its key interest rates as calls mount across the euro zone to focus on growth rather than austerity. As widely forecast by analysts, the ECB trimmed its central “refi” refinancing rate by a quarter of a percentage point to a new record low of 0.50 percent. Berenberg Bank economist [...]

The post ECB and a Pointless Rate cut appeared first on Live Trading News.

Top 25 Women Shaping Global Cities

Shayne Heffernan — Thu, 02 May 2013 11:55:10 +0000

UBM’s Future Cities has published an exclusive report on “25 Women Who Are Shaping Cities,” focused on the rise of women in fields such as energy, architecture, urban planning, and local government. The report, compiled by the site’s Editor-in-Chief Nicole Ferraro , Managing Editor Mary Jander , and Community Editor Rich Heap , recognizes 25 [...]

The post Top 25 Women Shaping Global Cities appeared first on Live Trading News.

ASX, AUD, Copper Hit by Weak Growth

Paul A Ebeling Jr — Thu, 02 May 2013 11:49:40 +0000

ASX, AUD, Copper Hit by Weak Growth AUD, CME Stocks and the Aussie Dollar AUD are under pressure from weak data and the Fed’s statement that said they could ‘increase or reduce’ the pace of its bond buying program which implies we think they recognize that the sweet spot of growth that seemed to pop [...]

The post ASX, AUD, Copper Hit by Weak Growth appeared first on Live Trading News.

Thailand’s role in China-ASEAN relations

Paul A Ebeling Jr — Thu, 02 May 2013 11:45:44 +0000

Thailand’s role in China-ASEAN relations Visiting Chinese Foreign Minster Wang Yi said here Wednesday that Thailand has been playing a ” unique and significant” role in promoting relations between China and the Association of Southeast Asian Nations (ASEAN). During his meeting with Thai Prime Minister Yingluck Shinawatra, Wang said Thailand is an important country in [...]

The post Thailand’s role in China-ASEAN relations appeared first on Live Trading News.

The Fed Helps China Buy US Companies

Paul A Ebeling Jr — Thu, 02 May 2013 11:40:01 +0000

The Fed Helps China Buy US Companies CEO, BIDU China’s direct investment in the United States showed strong momentum in Q-1 of this year despite a weak Q-4 in Y 2012 and the negative impact of “national security” concerns on some deals. Shayne Heffernan said today, “The Fed maintains an active low dollar policy, this [...]

The post The Fed Helps China Buy US Companies appeared first on Live Trading News.

UK Launches Fight Against Freedom

Paul A Ebeling Jr — Thu, 02 May 2013 11:34:16 +0000

UK Clamping Down on Tax Havens The UK government has reached agreement with its overseas territories, including; the Cayman Islands, Bermuda and the British Virgin Islands to share information about bank accounts, as it looks to clamp down on secrecy in the tax havens as part of its ongoing fight against freedom. Chancellor of the [...]

The post UK Launches Fight Against Freedom appeared first on Live Trading News.

Euro Crisis Leads to Riots

Paul A Ebeling Jr — Wed, 01 May 2013 17:39:36 +0000

Euro Crisis Leads to Riots Protesters took to the streets in Europe Wednesday to mark the continent’s traditional labor day. In Istanbul thousands of May Day protesters clashed with Turkish riot police as demonstrators tried to defy government attempts to choke off protests and ban an annual march on the city’s landmark public square. In [...]

The post Euro Crisis Leads to Riots appeared first on Live Trading News.

USA Stalls: QE4 Vs Political Gridlock

Paul A Ebeling Jr — Wed, 01 May 2013 17:29:42 +0000

USA Stalls: QE4 Vs Political Gridlock More job cuts are on the way as the river of government spending flowing through the U.S. economy continues to slow. The $85-B federal spending squeeze, part of a doomsday budget package originally approved last Summer to force a more rational spending plan has now lopped more than 1.0% [...]

The post USA Stalls: QE4 Vs Political Gridlock appeared first on Live Trading News.

Miss Grand Thailand May 7 in Bangkok

Shayne Heffernan — Wed, 01 May 2013 17:13:32 +0000

Miss Grand Thailand May 7 in Bangkok Centara Grand Miss Grand Thailand 2013: Promoting World Peace Miss Grand Thailand 2013, part of the new Miss Grand International was the centre of attention in Thailand this week. The contestants, Thailand’s most beautiful young women were at Sofitel So Bangkok, the stunning Christian Lacroix designed amenities were [...]

The post Miss Grand Thailand May 7 in Bangkok appeared first on Live Trading News.

A Scottish State Would Lose Place in EU

Paul A Ebeling Jr — Wed, 01 May 2013 11:05:46 +0000

A Scottish State Would Lose Place in EU An independent Scotland would probably have to reapply to join the European Union and the North Atlantic Treaty Organization, British lawmakers said in a report published Wednesday. Independence would also have profound diplomatic implications for the UK and a reborn Scottish state, according to the report by [...]

The post A Scottish State Would Lose Place in EU appeared first on Live Trading News.

South Korea Inflation Slows in April

Paul A Ebeling Jr — Wed, 01 May 2013 10:59:14 +0000

South Korea Inflation Slows in April South Korea’s consumer inflation in April slowed modestly on the year to remain at the subdued 1% level–well below the central bank’s target band–for a 6 month, government data showed Wednesday. The consumer price index rose 1.2% on the year in April, slower than a 1.3% increase in March, [...]

The post South Korea Inflation Slows in April appeared first on Live Trading News.

Australia Performance of Manufacturing Index Falls 7.7 pts In April Vs March to 36.7

Paul A Ebeling Jr — Wed, 01 May 2013 10:53:32 +0000

Australia Performance of Manufacturing Index Falls 7.7 pts In April Vs March to 36.7 Conditions for Australia’s manufacturers worsened in April, with the manufacturing index falling to its lowest level in nearly four years as the high Australian dollar continued to weigh on exports and costs rose domestically. The Australian Industry Group’s Australian Performance of [...]

The post Australia Performance of Manufacturing Index Falls 7.7 pts In April Vs March to 36.7 appeared first on Live Trading News.

Singapore central bank sees support for economy from improving external demand

Paul A Ebeling Jr — Tue, 30 Apr 2013 20:24:09 +0000

Singapore central bank sees support for economy from improving external demand The Monetary Authority of Singapore maintained its forecast for Singapore’e gross domestic product (GDP) growth in Y 2013 at 1-3%, citing the support from a potential turnaround in external demand. The central bank said its half-yearly macroeconomic review that Singapore’s economic growth is more [...]

The post Singapore central bank sees support for economy from improving external demand appeared first on Live Trading News.

Damac Towers by Paramount in Dubai

Shayne Heffernan — Tue, 30 Apr 2013 17:42:21 +0000

Damac Towers by Paramount in Dubai The hotel is scheduled to open near the end of 2015 and will be called Damac Towers by Paramount. The hotel will be based near the Burj Khalifa, the tallest building in the world, and will feature four towers tow of which are a 540-unit Hotel & Residences by [...]

The post Damac Towers by Paramount in Dubai appeared first on Live Trading News.

Falling EuroZone Inflation, Record Jobless Point to ECB Rate Cut

Paul A Ebeling Jr — Tue, 30 Apr 2013 17:35:37 +0000

Falling EuroZone Inflation, Record Jobless Point to ECB Rate Cut BCS Inflation in the Eurozone has fallen to a 3 yr low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week. Inflation fell to 1.2 in April, the lowest level since February 2010 [...]

The post Falling EuroZone Inflation, Record Jobless Point to ECB Rate Cut appeared first on Live Trading News.

33rd International Tourism Fair in Cuba

Paul A Ebeling Jr — Tue, 30 Apr 2013 12:59:00 +0000

33rd International Tourism Fair in Cuba The emblematic beach of Varadero, a major Cuban tourism destination about 140 km east of Havana in the province of Matanzas, will host the 33rd International Tourism Fair from 7 to 11 May. At a press conference on Sunday, Ivis Fernandez, representative of the Cuban Tourism Ministry (Mintur) in [...]

The post 33rd International Tourism Fair in Cuba appeared first on Live Trading News.

Cambodia trade with Thailand down 2.3% in Q-1

Paul A Ebeling Jr — Tue, 30 Apr 2013 12:52:03 +0000

Cambodia’s trade with Thailand down 2.3% in Q-1 Bi-lateral trade between Cambodia and Thailand went down by 2.3% during Q-1 of this year, according to the statistics released by Thai Embassy in Phnom Penh on Monday. Officials said the drop was due to”Thai baht appreciation, not ongoing border conflict”between the two nations. HeffCap Global Dividend [...]

The post Cambodia trade with Thailand down 2.3% in Q-1 appeared first on Live Trading News.

Debt to Slow Growth in South Korea

Shayne Heffernan — Tue, 30 Apr 2013 11:12:37 +0000

Debt to Slow Growth in South Korea Debt ratio among South Korea’s 295 public agencies topped 200 percent last year, boosting worries about over-indebtedness among the state-run agencies, finance ministry data showed Tuesday. The debt-to-equity ratio for public agencies averaged 207.5 percent as of the end of 2012, up from 193.7 percent in the prior [...]

The post Debt to Slow Growth in South Korea appeared first on Live Trading News.

Dallas Fed April Business Activity Index Falls

Paul A Ebeling Jr — Tue, 30 Apr 2013 11:00:46 +0000

Dallas Fed April Business Activity Index Falls Business activity among Texas-area manufacturers fell sharply into contraction this month, according to a report released Monday by the Federal Reserve Bank of Dallas. The bank said its general business activity index plunged to -15.6 in April after it increased to a year-high of 7.4 in March from [...]

The post Dallas Fed April Business Activity Index Falls appeared first on Live Trading News.

Big Trouble if the US Defaults on Any Obligations

Paul A Ebeling Jr — Mon, 29 Apr 2013 02:58:22 +0000

Big Trouble if the US Defaults on Any Obligations The United States could run into big trouble accessing debt markets if it defaults on any of its financial obligations, even if it were able to keep up payments on government bonds, Treasury Secretary Jack Lew told Congress last week. Mr. Lew was responding to questions [...]

The post Big Trouble if the US Defaults on Any Obligations appeared first on Live Trading News.

Mark Zuckerberg’s New Group Runs Ads Against Obamacare

Paul A Ebeling Jr — Mon, 29 Apr 2013 02:57:02 +0000

Mark Zuckerberg’s New Group Runs Ads Against Obamacare FB FWD.us, the political action group founded by Facebook’s NASDAQ: FB Mark Zuckerberg and Silicon Valley Icons, says its purpose is to promote comprehensive immigration reform. But some of their recent ads talk more about the dangers of Obamacare and the virtues of Big Oil. That does [...]

The post Mark Zuckerberg’s New Group Runs Ads Against Obamacare appeared first on Live Trading News.

What is the ASEAN Economic Community?

Shayne Heffernan — Sun, 28 Apr 2013 12:00:02 +0000

Shayne Heffernan takes a look at the ASEAN Economic Community and how it will change South East Asia The ASEAN Economic Community as the economic community is known, is a strategy to boost the region’s economic clout. A blueprint adopted in November 2007 sets targets and timelines to fuse the 10 disparate Southeast Asian countries [...]

The post What is the ASEAN Economic Community? appeared first on Live Trading News.

Spain Crisis Continues

Paul A Ebeling Jr — Sun, 28 Apr 2013 11:52:17 +0000

Spain Crisis Continues Spain announces new economic reforms, cuts 2013 economic estimates The Spanish government of Mariano Rajoy announced Friday a new package of economic reforms aimed at spurring growth following years of austerity that have resulted in soaring unemployment. The package includes an annual plan to boost employment, fiscal incentives for small and medium-sized [...]

The post Spain Crisis Continues appeared first on Live Trading News.

America’s Two Most Polluted Cities

Paul A Ebeling Jr — Sun, 28 Apr 2013 11:39:05 +0000

America’s Two Most Polluted Cities X, DUK In the US great progress has been made in air pollution; awareness, stricter legislation and improved technology have all contributed to improved air, land and water conditions. The nation’s air quality is much cleaner than it was in some of the worst-affected areas, according to a recent report [...]

The post America’s Two Most Polluted Cities appeared first on Live Trading News.

Australia’s Central Bank Joins RMB Club

Paul A Ebeling Jr — Sat, 27 Apr 2013 16:06:46 +0000

Australia’s Central Bank Joins RMB Club The Reserve Bank of Australia (RBA) this week has made a massive plunge on China’s strengthening currency, called “RMB” or “Yuan,” by initiating as about AUD 2-B play on the ‘Yuan.’ By investing 5% of its total foreign currency assets in Chinese sovereign bonds, the Australian central bank is [...]

The post Australia’s Central Bank Joins RMB Club appeared first on Live Trading News.

Greece Parliament to Vote on Sacking Staff

Paul A Ebeling Jr — Fri, 26 Apr 2013 17:44:11 +0000

Greece Parliament to Vote on Sacking Staff Greece Friday tabled a bill that would ratify several reforms agreed with its international creditors that are seen as a precondition to receiving the next aid installments totaling EUR 8.8-B ($11.44-B). In an Express procedure, Parliament will vote on the Omnibus Bill Sunday before a meeting of euro-zone [...]

The post Greece Parliament to Vote on Sacking Staff appeared first on Live Trading News.

Fisker Automotive , Another Obama Admin Green Jobs Company Failure, Media Ignores

Paul A Ebeling Jr — Fri, 26 Apr 2013 13:44:06 +0000

Fisker Automotive , Another Obama Admin Green Jobs Company Failure, Media Ignores The Obama administration has burned up almost $200-M of the American taxpayer’s money on another Green company failure and the mainstream media, ABC and NBC have not report on it. Monday, the electric car company Fisker Automotive failed to make a $10-M payment [...]

The post Fisker Automotive , Another Obama Admin Green Jobs Company Failure, Media Ignores appeared first on Live Trading News.

Americans are buying AR-15s, Fear Gun Control is Coming

Paul A Ebeling Jr — Fri, 26 Apr 2013 13:36:48 +0000

Americans are buying AR-15s, Fear Gun Control is Coming At a major Gun Show outside Atlanta, the line is out the door and around the corner as people wait, ready to spend their money for everything gun oriented, from pistols to high capacity magazines. At this event the big seller is not a shotgun, handgun [...]

The post Americans are buying AR-15s, Fear Gun Control is Coming appeared first on Live Trading News.

US Congressional Leaders Want to Opt-Out of Obamacare

Paul A Ebeling Jr — Fri, 26 Apr 2013 11:15:28 +0000

US Congressional Leaders Want to Opt-Out of Obamacare US Congressional leaders from both parties are discussing ways that lawmakers and their aides can avoid having to participate in Obamacare health insurance exchanges. The talks involve the White House, House Speaker John Boehner, Senate Majority Leader Harry Reid, and other congressional leaders have been going on [...]

The post US Congressional Leaders Want to Opt-Out of Obamacare appeared first on Live Trading News.

Russia Notches Slowest GDP Growth in 4 Yrs

Paul A Ebeling Jr — Fri, 26 Apr 2013 07:16:50 +0000

Russia Notches Slowest GDP Growth in 4 Yrs Russia reported real Gross Domestic Product grew by 1.1% Y-Y in Q-1 of Y 2013, the slowest pace since Y 2009. Some slowdown was to be expected, owing in part to a high base created by pre-election spending in Q-1 of Y 2012. In Q-1, industrial output [...]

The post Russia Notches Slowest GDP Growth in 4 Yrs appeared first on Live Trading News.

Islamic Finance: Al Bayan Sukuk

Shayne Heffernan — Thu, 25 Apr 2013 18:46:07 +0000

Islamic Finance: Al Bayan Sukuk Al Bayan Group Holding Co, a Saudi-based conglomerate, has issued a RM200mil sukuk out of its inaugural RM1bil Sukuk Wakalah Programme. The sukuk is the first Malaysian Ringgit Sukuk Programme to be established by a Saudi corporate issuer, and the first issuance by a Saudi corporate issuer of ringgit-denominated sukuk [...]

The post Islamic Finance: Al Bayan Sukuk appeared first on Live Trading News.

South Korea Over Stated by Bank of Korea

Shayne Heffernan — Thu, 25 Apr 2013 18:26:57 +0000

South Korea Over Stated by Bank of Korea The Bank of Korea and the Ministry of Strategy and Finance seem to be at odds over the country’s growth prospects, raising the possibility of another round of debate over the key base rate. The central bank announced Thursday better-than-expected gross domestic product on-quarter growth of 0.9 [...]

The post South Korea Over Stated by Bank of Korea appeared first on Live Trading News.

S&P Dow Jones Indices Licenses Pan Asia Dividend Aristocrats Index to State Street Global Advisors

Shayne Heffernan — Thu, 25 Apr 2013 15:23:15 +0000

S&P Dow Jones Indices announced today that it has licensed the S&P Pan Asia Dividend Aristocrats® Index to State Street Global Advisors for the launch of an exchange traded fund (ETF) based upon the Index. The S&P Pan Asia Dividend Aristocrats Index measures the performance of constituents within the S&P Pan Asia Broad Market Index [...]

The post S&P Dow Jones Indices Licenses Pan Asia Dividend Aristocrats Index to State Street Global Advisors appeared first on Live Trading News.

China Buys Airbus

Shayne Heffernan — Thu, 25 Apr 2013 14:07:28 +0000

China agreed to buy 60 Airbus planes in a memorandum of understanding signed today by French President Francois Hollande and China’s President Xi Jinping in Beijing. A significant portion of the planes would be manufactured in China at an Airbus factory in Tianjin, 150 kilometers from the capital. The signing ceremony took place in Beijing’s [...]

The post China Buys Airbus appeared first on Live Trading News.

Britain: Economic Wasteland

Shayne Heffernan — Thu, 25 Apr 2013 11:51:25 +0000

Britain: Economic Wasteland While the British finance minister put a positive spin on the weak quarterly economic growth figures released today, shadow chancellor Ed Balls countered saying the country’s economy is stagnating. In a statement, he said 0.3 percent GDP growth was “lackluster” and that the “economy is only just back to where it was [...]

The post Britain: Economic Wasteland appeared first on Live Trading News.

US Real Estate Mortgage Rates Drift Lower

Shayne Heffernan — Thu, 25 Apr 2013 11:37:32 +0000

US Real Estate Mortgage Rates Drift Lower Fixed mortgage rates fell for the sixth straight week, with the benchmark 30-year fixed mortgage rate retreating to a four month low of 3.57 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.31 discount and origination points. Gain Exposure to [...]

The post US Real Estate Mortgage Rates Drift Lower appeared first on Live Trading News.

Regional trade deal to give strong boost to ASEAN economies

Paul A Ebeling Jr — Thu, 25 Apr 2013 11:34:16 +0000

Regional trade deal to give strong boost to ASEAN economies A comprehensive economic agreement including China to be discussed at the 22nd ASEAN summit could push Brunei’s growth by an impressive 6 percent with significant growth projections for Vietnam, Malaysia and Thailand, according to a report released Tuesday. The report by the Asian Development Bank [...]

The post Regional trade deal to give strong boost to ASEAN economies appeared first on Live Trading News.

ASEAN Summit Begins in Brunei

Paul A Ebeling Jr — Thu, 25 Apr 2013 11:14:56 +0000

ASEAN Summit Begins in Brunei South-East Asian leaders meet in Brunei Wednesday hoping to heal wounds from damaging infighting over China, while seeking to build momentum towards a giant free-trade pact. The summit of the 10-member Association of Southeast Asian Nations (ASEAN) comes after the bloc suffered deep splits last year linked to territorial disputes [...]

The post ASEAN Summit Begins in Brunei appeared first on Live Trading News.

Hong Kong plays pivotal role between ASEAN and China

LiveTradingNews.com wire staff — Thu, 25 Apr 2013 11:10:52 +0000

Hong Kong plays pivotal role between ASEAN and China by Chester Kwok Editor: Hou Qiang Geographically, Hong Kong is in the vicinity of south eastern Asia, and has been the gateway for tourists and commodities into the Chinese mainland over the past 170 years. It is the bridging role of Hong Kong between the Chinese [...]

The post Hong Kong plays pivotal role between ASEAN and China appeared first on Live Trading News.

Terrorist Attack in China

Shayne Heffernan — Wed, 24 Apr 2013 18:26:28 +0000

Terrorist Attack in China Kashgar in the Xinjiang Uygur autonomous region was the scene of a deadly terror attack that left 21 dead. The clash, severe, violent, terror incident, happened after three community workers in Selibuya township, Bachu county, found several suspicious people and knives in a house on Tuesday. They reported the details to [...]

The post Terrorist Attack in China appeared first on Live Trading News.

Moody’s Like The Philippines

Shayne Heffernan — Wed, 24 Apr 2013 17:38:36 +0000

Moody’s Analytics, a sister company of credit rating watchdog Moody’s Investor Service, said the country’s 6.6-percent growth in 2012 was achieved despite weak growth in the United States, a crisis in the eurozone and a slowdown in China. It said the problems of the United States, the eurozone and China— key export markets—significantly dampened the [...]

The post Moody’s Like The Philippines appeared first on Live Trading News.

Boston Bomber Blames America

Paul A Ebeling Jr — Wed, 24 Apr 2013 16:53:32 +0000

Boston Bomber Blames America Boston Bomber Suspect: US Wars in Iraq, Afghanistan Motivated the Brothers The suspect in the Boston Marathon bombings told interrogators that the US wars in Afghanistan and Iraq motivated he and his brother to carry out the attack, US officials familiar with the interviews said. Dzhokhar Tsarnaev, 19 anni, acknowledged from [...]

The post Boston Bomber Blames America appeared first on Live Trading News.

China – Australia Economic Report

Shayne Heffernan — Wed, 24 Apr 2013 04:46:23 +0000

Philip Lowe Deputy Governor of The Reserve Bank of Australia It is a great pleasure to be here in Shanghai today. I would like to thank AustCham Shanghai for the invitation to speak at this lunch. As you may know, the Reserve Bank of Australia’s head office is located in Sydney. I mention this because [...]

The post China – Australia Economic Report appeared first on Live Trading News.

Election Violence in Malaysia

Shayne Heffernan — Wed, 24 Apr 2013 04:23:22 +0000

Hundreds of cases of Malaysian election violence have been reported since campaigning for tightly contested May 5 polls got under way at the weekend, police were quoted saying. A total of 387 incidents were reported in the first three days of the two-week campaign, which kicked off Saturday, and at least 15 people have been [...]

The post Election Violence in Malaysia appeared first on Live Trading News.

ASEAN: Myanmar, Indonesia sign economic co-operation accords

Paul A Ebeling Jr — Wed, 24 Apr 2013 04:07:26 +0000

ASEAN: Myanmar, Indonesia sign economic co-operation accords Myanmar and Indonesia Tuesday signed some three accords on economic co-operation between the 2 countries in Nay Pyi Taw, state radio and TV reported The signing of the accords came shortly after talks between Myanmar President U Thein Sein and his visiting Indonesian counterpart Dr. Susilo Bambang Yudhoyono [...]

The post ASEAN: Myanmar, Indonesia sign economic co-operation accords appeared first on Live Trading News.

Stop Internet Sales Tax Legislation

Paul A Ebeling Jr — Wed, 24 Apr 2013 04:03:58 +0000

Stop Internet Sales Tax Legislation Internet sales-tax legislation racing through the Senate is likely to face roadblocks when it moves to the House, anti-tax activist Grover Norquist said Tuesday. “The reason we have a House and Senate is when you rush something through one body, you have a chance to think it through in the [...]

The post Stop Internet Sales Tax Legislation appeared first on Live Trading News.

China’s logistics sector reports slower growth

Paul A Ebeling Jr — Wed, 24 Apr 2013 02:55:29 +0000

China’s logistics sector reports slower growth China Tuesday reported mild growth in its logistics sector in Q-1 of Y 2013, with goods worth CNY 43.3-T (US$6.94-T) moving around the country in the period. The sector’s 9.4% growth in the Quarter slowed by a further 0.3% from the January-February period, according to data released by the [...]

The post China’s logistics sector reports slower growth appeared first on Live Trading News.

Sustainable Food and Water Production

Shayne Heffernan — Tue, 23 Apr 2013 15:30:05 +0000

Global Agro-industry Working Together to Drive the World Towards Sustainable Food and Water Production Committee’s far reaching conclusions will be used to direct industry and international bodies on achieving a sustainable global supply chain “As we consider the rapidly expanding world population and the ever increasing demand for an abundant, healthy, and affordable food supply; [...]

The post Sustainable Food and Water Production appeared first on Live Trading News.

Indonesia a Consumer Hotspot

Shayne Heffernan — Tue, 23 Apr 2013 14:25:31 +0000

Indonesia a Consumer Hotspot Rising Purchasing Power Makes Indonesia a Consumer Hotspot: Regional Market Research Spotlight - Consumer hotspot Indonesia is expected to bring in an additional $1 trillion or so in annual consumer spending by 2030. Indonesia’s consumer spending (61% at 2010 GDP levels) is already nearing the amount of spending activity in developed [...]

The post Indonesia a Consumer Hotspot appeared first on Live Trading News.

Europe in Prolonged Recession

Shayne Heffernan — Tue, 23 Apr 2013 12:42:51 +0000

Europe in Prolonged Recession Private sector business activity remained weak across the eurozone in April, underscoring a gloomy medium-term outlook for the 17-state economy, a widely-watched survey showed on Tuesday. The Markit Eurozone Composite Purchasing Managers Index registered 46.5 points, the same reading as March and well below the boom-and-bust line of 50 points indicating [...]

The post Europe in Prolonged Recession appeared first on Live Trading News.

Euro Crisis: Spain Continues to Suffer

Shayne Heffernan — Tue, 23 Apr 2013 12:39:32 +0000

Spain’s struggling economy logged a 0.5 percent contraction in the first quarter of 2013 due to falling internal demand, the central bank said on Tuesday. “During the first quarter of 2013, the Spanish economy continued its path of contraction, but at a slower pace compared to the end of last year,” the Bank of Spain [...]

The post Euro Crisis: Spain Continues to Suffer appeared first on Live Trading News.

ASEAN Hong Kong Free Trade

Shayne Heffernan — Tue, 23 Apr 2013 10:44:42 +0000

ASEAN Hong Kong Free Trade The Association of Southeast Asian Nations will pursue a free trade agreement with Hong Kong. ASEAN leaders meeting in the Brunei capital of Bandar Seri Begawan tomorrow and Thursday will endorse a decision by their economic ministers to expand trade ties with the city, according to the document. “We welcomed [...]

The post ASEAN Hong Kong Free Trade appeared first on Live Trading News.

Vietnam Government to Boost Trade, Cut Deficit with China

Paul A Ebeling Jr — Tue, 23 Apr 2013 10:26:02 +0000

Vietnam Government to Boost Trade, Cut Deficit with China The Vietnamese government is seeking to boost trade with China while trying to reduce its widening trade deficit with its neighbor. China is Vietnam’s largest trading partner and Vietnam’s key exports to China include agricultural products and minerals, while its key imports from China are Machinery, [...]

The post Vietnam Government to Boost Trade, Cut Deficit with China appeared first on Live Trading News.

No Stimulus for China as Inflation Bites

Paul A Ebeling Jr — Tue, 23 Apr 2013 10:24:42 +0000

No Stimulus for China as Inflation Bites Monday China’s experts ruled out the need for any extra economic stimulus, in the wake of Saturday’s earthquake that struck Ya’an, Sichuan province, insisting the effects of the disaster will be “regional and temporary”, in monetary terms. Although official figures are still unavailable, Beijing-based Anbound Consulting has estimated [...]

The post No Stimulus for China as Inflation Bites appeared first on Live Trading News.

South Africa sees more trade with other BRICS nations

Paul A Ebeling Jr — Tue, 23 Apr 2013 10:18:14 +0000

South Africa sees more trade with other BRICS nations More trade with other BRICS countries will help South Africa recover from the global economic crisis, the South African Reserve Bank said in a statement. The statement said the remark was made by its Governor Gill Marcus in Johannesburg on the weekend. Ms. Marcus said in [...]

The post South Africa sees more trade with other BRICS nations appeared first on Live Trading News.

EU’s Barroso wants deeper integration, less austerity

Paul A Ebeling Jr — Tue, 23 Apr 2013 10:09:00 +0000

EU’s Barroso wants deeper integration, less austerity European Commission President Jose Manuel Barroso Monday called for deeper integration towards a future federation and policy shifts from austerity measures to growth incentives. “A half-hearted attitude towards the European integration project only serves to strengthen its opponents and concede the political momentum to those on the side [...]

The post EU’s Barroso wants deeper integration, less austerity appeared first on Live Trading News.

China’s External Financial Assets at US$ 5.17-T

Paul A Ebeling Jr — Mon, 22 Apr 2013 20:10:30 +0000

China’s External Financial Assets at US$ 5.17-T China’s external financial assets expanded 9% to reach US$ 5.17-T by the end of Y 2012, the State Administration of Foreign Exchange (SAFE) said Monday. On the back of slower growth in China’s increased foreign exchange reserves and overseas investment, the growth rate in external financial assets marked [...]

The post China’s External Financial Assets at US$ 5.17-T appeared first on Live Trading News.

Wealth in Asia

Shayne Heffernan — Mon, 22 Apr 2013 17:18:23 +0000

New report finds that many asset rich households in Asia are retiring income poor However, research reveals that the relatively vast sums of personal wealth accrued by households in Asia provide a solid foundation for generating retirement income if efficiently mobilized Manulife Asset Management recently issued a report that analyses the retirement income security of [...]

The post Wealth in Asia appeared first on Live Trading News.

Myanmar Anticipates Total Lift of EU Sanctions

Paul A Ebeling Jr — Mon, 22 Apr 2013 08:08:19 +0000

Myanmar Anticipates Total Lift of EU Sanctions Foreign ministers of the European Union (EU) are due to meet in Luxembourg Monday to make a decision to withdraw all sanctions against Myanmar, exactly a year after the regional grouping announced suspension of most sanctions against the country for a year except arms embargo. Firms like HeffCap [...]

The post Myanmar Anticipates Total Lift of EU Sanctions appeared first on Live Trading News.

Hollywood Box Office Report: Tom Cruise’s ‘Oblivion’ Jets to $38.2-M Open

Monica Petrucci — Mon, 22 Apr 2013 08:04:52 +0000

Hollywood Box Office Report: Tom Cruise’s ‘Oblivion’ Jets to $38.2-M Open Universal’s sci-fi epic notched the actor’s best North American opening outside of the “Mission: Impossible” franchise and “War of the Worlds”; “GI Joe” crosses the $300-M mark internationally after debuting in China to a stellar $33-M. Tom Cruise’s sci-fi pic Oblivion opened to $38.2-M [...]

The post Hollywood Box Office Report: Tom Cruise’s ‘Oblivion’ Jets to $38.2-M Open appeared first on Live Trading News.

FBI Knew of Boston’s Terrorists Radical Islam Ties

Paul A Ebeling Jr — Sun, 21 Apr 2013 16:16:54 +0000

FBI Knew of Boston’s Muslim Terrorists Boston Bombing Suspect was interviewed by FBI in 2011 The US FBI and other law enforcement agencies were aware of at least 1 of the Boston terror suspects for at least 3 yrs, the US did not deport him after a domestic violence conviction in Y 2009. The FBI [...]

The post FBI Knew of Boston’s Terrorists Radical Islam Ties appeared first on Live Trading News.

Picasso La Reve: Investing in Art

Paul A Ebeling Jr — Sun, 21 Apr 2013 16:09:31 +0000

You Cannot Overpay for Trophy Assets Over the past 50 yrs I learned that if there is a Golden Rule in collection to collecting watches, classic cars or anything of personal relevance and value for that matter, that Rule is one can never pay too much for a Trophy Asset. Because in collecting is often [...]

The post Picasso La Reve: Investing in Art appeared first on Live Trading News.

Islamic Finance News: Petronas Sukuk

Shayne Heffernan — Sat, 20 Apr 2013 15:08:28 +0000

Petronas Dagangan Bhd has been given the green light to issue up to RM2bil in a sukuk programme, pursuant to which Islamic commercial papers and Islamic medium-term notes may be issued from time to time. In a filing with Bursa Malaysia, the company said the proceeds would be utilised to finance the issuer’s capital expenditure, [...]

The post Islamic Finance News: Petronas Sukuk appeared first on Live Trading News.

Shanghai Motor Show

John Heffernan — Sat, 20 Apr 2013 15:04:27 +0000

China’s auto sales last year topped 19 million. Industry analysts and automakers say they expect rapid growth to continue, rising to annual sales of as much as 32 million vehicles by 2020 — the equivalent of the United States and Europe combined. “China really is in the infancy of industry development,” said David Schoch, Ford’s [...]

The post Shanghai Motor Show appeared first on Live Trading News.

Simpson and Bowles Present Modified Budget Plan

Paul A Ebeling Jr — Sat, 20 Apr 2013 14:54:14 +0000

Simpson and Bowles Present Modified Budget Plan The Chairmen of US President Obama’s 2010 fiscal commission ventured back into Washington’s budget war with a revised, somewhat milder plan to rein in intractable federal deficits. The plan released Thursday by and former Sen. Alan Simpson, R-WY., and former Clinton White House Chief of Staff Erskine Bowles [...]

The post Simpson and Bowles Present Modified Budget Plan appeared first on Live Trading News.

Brazil’s Economic Recovery Is Gaining Traction

Paul A Ebeling Jr — Sat, 20 Apr 2013 14:53:26 +0000

Brazil’s Economic Recovery Is Gaining Traction Brazil’s economic recovery is gaining traction, Brazilian Central Bank International Affairs Director Luiz Pereira said Friday, but he would still like to see more “virtuous” growth in the country. Consumer demand has driven growth in Brazil in recent years, as investment and industrial production have declined. That pattern is [...]

The post Brazil’s Economic Recovery Is Gaining Traction appeared first on Live Trading News.

The Paramount Issue of Overpopulation!

Shayne Heffernan — Sat, 20 Apr 2013 05:10:05 +0000

The Paramount Issue of Overpopulation! As another Earth Day rolls around, a California organization reminds us that population growth is still the fundamental environmental problem. “The consequences of that growth are all around us—loss of open space, air and water pollution, traffic congestion, and never-ending sprawl,” said Jo Wideman , executive director of Californians for [...]

The post The Paramount Issue of Overpopulation! appeared first on Live Trading News.

Bank of Thailand and the Thai Baht

Shayne Heffernan — Fri, 19 Apr 2013 20:20:51 +0000

Bank of Thailand and the Thai Baht Economist and Hedge Fund Manager Shayne Heffernan takes a look at the Thai Baht. The Thai Baht has taken the path we suggested last year, in fact when I spoke to former Prime Minister in 2011 I informed him I had estimated that by 2015 the Thai Baht [...]

The post Bank of Thailand and the Thai Baht appeared first on Live Trading News.

Vietnam Cuts Taxes

Shayne Heffernan — Fri, 19 Apr 2013 19:47:39 +0000

Vietnam Cuts Taxes Vietnam announced a plan to cut corporate income tax to 22% from the current 25% starting 2014. It will reduce the taxes from January 1 and plans to bring it down further to 20$ in the 2016-2020 period. The new rate of 22 percent will apply to small and medium sized enterprises [...]

The post Vietnam Cuts Taxes appeared first on Live Trading News.

Fun ideas for Green Dating

John Heffernan — Fri, 19 Apr 2013 18:47:32 +0000

Earth Day list of “Green” date ideas couples can explore and “Green” activities singles can do to attract the interest of likeminded individuals. Celebrated every April 22nd, Earth Day is a global chance for individuals and businesses to turn their attention to various environmental issues. It reinforces how local choices can impact the globe and [...]

The post Fun ideas for Green Dating appeared first on Live Trading News.

China Economy Looking Flat

Shayne Heffernan — Fri, 19 Apr 2013 11:13:42 +0000

China Economy Looking Flat The Conference Board Leading Economic Index® (LEI) for China was flat in March. The Index stands at 258.3 (2004 = 100), following a 1.2 percent increase in February and a 1.7 percent increase in January. Three of the six components contributed positively to the index in March. Says Andrew Polk , [...]

The post China Economy Looking Flat appeared first on Live Trading News.

Cyprus Bailout is Uncertain

Paul A Ebeling Jr — Fri, 19 Apr 2013 10:35:01 +0000

Cyprus Bailout is Uncertain The Cypriot government informed parliament Thursday that it will submit a bailout deal for a vote before it is formally signed, possibly on 26 April. Party leaders met to fix the procedure for a discussion and a vote on the deal of EUR 10-B (US$13-B) with the Eurogroup and the International [...]

The post Cyprus Bailout is Uncertain appeared first on Live Trading News.

Bank of Japan Defends Currency War

Shayne Heffernan — Fri, 19 Apr 2013 10:30:16 +0000

Bank of Japan Defends Currency War Bank of Japan Governor Haruhiko Kuroda said Thursday he intends to attempt the impossible, that is, to explain to fellow members of the Group of 20 major economies that Japan’s bold monetary easing isn’t aimed at cheapening the yen. The finance ministers and central bankers of the G-20 are [...]

The post Bank of Japan Defends Currency War appeared first on Live Trading News.

Honest Americans are Being Lumped Together with Terrorists

Paul A Ebeling Jr — Fri, 19 Apr 2013 10:11:49 +0000

Honest Americans are Being Lumped Together with Terrorists Just minutes after the bomb went off at the Boston Marathon, while emergency crews and brave Bostonians rushed to help their neighbors, US Senator Dianne Feinstein (D-CA) said it could be “Homegrown Terrorists” to blame. Soon after that Chris Matthews went on the Air and asked, “…would [...]

The post Honest Americans are Being Lumped Together with Terrorists appeared first on Live Trading News.

USA Very Slow Growth, Poor Employment

Paul A Ebeling Jr — Thu, 18 Apr 2013 18:18:04 +0000

Very Slow Growth, Poor Employment The Philadelphia Federal Reserve, or the Philly Fed, is out with its monthly report on business for the month of April. As the Business Outlook Survey is a somewhat live reading, we pay attention to the report. The index indicator for overall activity remained slightly positive this month at 2.5. [...]

The post USA Very Slow Growth, Poor Employment appeared first on Live Trading News.

Flora-Bama 29th Annual Interstate Mullet Toss

Shayne Heffernan — Thu, 18 Apr 2013 16:48:19 +0000

The Flora-Bama Lounge & Package wants you to come and bend the fish and throw the fish at the 29th Annual Interstate Mullet Toss and Gulf Coast’s Greatest Beach Party. The Weekend draws in thousands of tourists, spectators and contestants alike to what has become one of the busiest weekends of the year for the [...]

The post Flora-Bama 29th Annual Interstate Mullet Toss appeared first on Live Trading News.

Experts Concern Over Allocation of EU Funds

Shayne Heffernan — Thu, 18 Apr 2013 15:51:14 +0000

Experts Concern Over Allocation of EU Funds Yesterday’s seminar entitled “The European Neighbourhood Policy- Eastern Dimension: Progress with Reforms” taking place at the Delegation of the European Union to the Republic of Croatia in Zagreb aimed to analyse the comparative progress of the six Eastern Neighbourhood countries with reforms, discussing areas of difficulty and exploring [...]

The post Experts Concern Over Allocation of EU Funds appeared first on Live Trading News.

Silver Price: Market Oversold

Shayne Heffernan — Thu, 18 Apr 2013 13:00:49 +0000

Bollinger Bands are 156.63% wider than normal. The large width of the bands suggest high volatility as compared to Silver Price’s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 4 period(s). The [...]

The post Silver Price: Market Oversold appeared first on Live Trading News.

Global Economic Contraction Hits Singapore

Paul A Ebeling Jr — Thu, 18 Apr 2013 09:30:48 +0000

Singapore’s exports fell 4.8% Y-Y in March The non-Oil domestic exports (NODX of Singapore declined by 4.8% Y-Y in March, much eased from the plunge of 30.6 percent in February, the trade promotion agency International Enterprise IE Singapore said Wednesday. The NODX is a Key gauge of the export performance of Singapore, which is a [...]

The post Global Economic Contraction Hits Singapore appeared first on Live Trading News.

Bank of Canada pares 2013 growth forecast to 1.5%

Paul A Ebeling Jr — Thu, 18 Apr 2013 09:24:05 +0000

Bank of Canada pares 2013 growth forecast to 1.5% The Bank of Canada cut its forecast for 2013 economic growth to 1.5% as it decided to maintain benchmark interest rate at 1% Wednesday. The central bank of Canada made this forecast in its Monetary Policy Report issued Wednesday. The January version of the report had [...]

The post Bank of Canada pares 2013 growth forecast to 1.5% appeared first on Live Trading News.

Mongolia Becomes Unattractive to Miners

Paul A Ebeling Jr — Thu, 18 Apr 2013 09:22:48 +0000

Mongolia Becomes Unattractive to Miners Mongolia says mining deal with Rio Tinto NYSE:RIO not beneficial A large mining deal with Anglo-Australian mining group Rio Tinto is not good for Mongolia, a senior Mongolian official said Wednesday. “Many facts prove that the Oyu Tolgoi investment agreement is not benefiting the Mongolian people,” Finance Minister Chultem Ulaan [...]

The post Mongolia Becomes Unattractive to Miners appeared first on Live Trading News.

China on Economic Watch

Paul A Ebeling Jr — Thu, 18 Apr 2013 09:22:11 +0000

China on Economic Watch The Chinese government says that boosting domestic consumption and maintaining proper investment scale are important economic task in the coming period. The State Council, China’s cabinet, Wednesday analyzed the domestic economic situation in the first quarter, vowing to coordinate the targets of maintaining steady growth, taming inflation and guarding against risks [...]

The post China on Economic Watch appeared first on Live Trading News.

PIMCO’s Gross joined the Sell Gold Camp

Paul A Ebeling Jr — Wed, 17 Apr 2013 16:49:27 +0000

PIMCO’s Gross joined the Sell Gold Camp MS Bill Gross of PIMCO aka the Bond King, has joined in from the PIMCO Twitter feed saying that Monday was no 1-off and Wednesday is not a 2-off. His message is against Gold, and he thinks that Gold has started a levered market sell-off. Though an analyst [...]

The post PIMCO’s Gross joined the Sell Gold Camp appeared first on Live Trading News.

Saudi Arabia Economic Update

Shayne Heffernan — Wed, 17 Apr 2013 13:29:11 +0000

Saudi Arabia Economic Update The Saudi economy continues to maintain an upward trajectory and record robust growth figures despite the fragility of the global economy. The monetary base (M0) recorded a 5.6 percent growth on an annual basis to settle at SR 310 billion by the end of February, the National Commercial Bank (NCB) says [...]

The post Saudi Arabia Economic Update appeared first on Live Trading News.

The Best New Hotels And Spas In The World

Shayne Heffernan — Wed, 17 Apr 2013 10:05:40 +0000

Conde Nast Traveler Announces The 2013 Hot List: The Best New Hotels And Spas In The World 17th ANNUAL ICONIC HOT LIST ISSUE ON NEWSSTANDS APRIL 23, 2013 Conde Nast Traveler’s 17th annual May Hot List issue is the ultimate insider’s guide to the hottest new hotels and spas of the year. This year, editors [...]

The post The Best New Hotels And Spas In The World appeared first on Live Trading News.

Scale Back Of Open-Ended Purchases Of Mortgage-Backed Securities & Longer-Term Treasuries

Shayne Heffernan — Wed, 17 Apr 2013 09:58:11 +0000

RateWatch, a premier banking data and analytics service owned by TheStreet, Inc. (NASDAQ: TST) reported today that while the average 4-year CD rate this week decreased incrementally, national averages generally remained unchanged at record-low levels. The Federal Reserve has continued to keep the short-term federal funds rate at a range of zero to 0.25% since [...]

The post Scale Back Of Open-Ended Purchases Of Mortgage-Backed Securities & Longer-Term Treasuries appeared first on Live Trading News.

Spain Economic Outlook Dim

Shayne Heffernan — Wed, 17 Apr 2013 09:52:29 +0000

The Conference Board Leading Economic Index® (LEI) for Spain Decreases The Conference Board Leading Economic Index® (LEI) for Spain decreased 0.3 percent in February to 104.8 (2004 = 100), following a 0.6 percent increase in January, and a 0.9 percent increase in December. At the same time, The Conference Board Coincident Economic Index® (CEI) for [...]

The post Spain Economic Outlook Dim appeared first on Live Trading News.

Officials call for fewer barriers to Chinese investment in USA

Paul A Ebeling Jr — Wed, 17 Apr 2013 09:31:19 +0000

Officials call for fewer barriers to Chinese investment in USA Chinese officials have called on the United States to reduce barriers to Chinese investment and turn to talks and negotiations to tackle trade disputes between the two sides. “Protectionism has been surging recently in the U.S., resulting in a tightening investment environment,” Zhang Qingwei, governor [...]

The post Officials call for fewer barriers to Chinese investment in USA appeared first on Live Trading News.

Gallup, US Economic Confidence Sliding

Paul A Ebeling Jr — Wed, 17 Apr 2013 08:55:57 +0000

Gallup, US Economic Confidence Sliding After an upturn in mid-March, Americans’ confidence in the US economy fell back slightly last week, posting a reading of -17 compared with prior week reading of -13, according to the latest data from Gallup. The index posted a 2 yr high reading of -8 in early February, before a [...]

The post Gallup, US Economic Confidence Sliding appeared first on Live Trading News.

One US Fed Official Shifted Toward a Higher Discount Rate

Paul A Ebeling Jr — Wed, 17 Apr 2013 08:52:25 +0000

One US Fed Official Shifted Toward a Higher Discount Rate One regional US Federal Reserve bank shifted its vote toward a higher discount rate in March. The Fed decided in March to keep its discount rate at 0.75%. The rate is what banks are charged on short-term loans they receive from the Fed. Directors from [...]

The post One US Fed Official Shifted Toward a Higher Discount Rate appeared first on Live Trading News.

Visit Oman

Shayne Heffernan — Tue, 16 Apr 2013 09:04:51 +0000

The Sultanate of Oman is a country with an enormous wealth of natural attractions, a fascinating culture and history spanning 6,000 years, stunning landscapes and warm, welcoming people. Straddling the Indian Ocean and offering a coastline of 3,165km, Oman offers a truly unspoilt and authentic taste of Arabia. One of the many highlights of any [...]

The post Visit Oman appeared first on Live Trading News.

North Korea Threatens War

Paul A Ebeling Jr — Tue, 16 Apr 2013 08:21:09 +0000

North Korea Threatens War North Korea’s military on Tuesday threatened the South with imminent “sledgehammer” retaliation unless Seoul apologizes for anti-Pyongyang protesters burning effigies of its revered leaders. South Korea called the North’s ultimatum “regrettable” and vowed a tough response to any military provocation. The warning came a day after US Secretary of State John [...]

The post North Korea Threatens War appeared first on Live Trading News.

South Korea Unveils Extra Budget

Paul A Ebeling Jr — Tue, 16 Apr 2013 08:12:33 +0000

South Korea Unveils Extra Budget South Korea Tuesday announced a $15.44-B extra government budget to spur growth in Asia’s 4th largest economy, in the 1st such fiscal stimulus in 4 yrs. The additional government spending is in line with new President Park Geun-hye’s promise to boost economic growth, but inevitably pushes back the government’s already-delayed [...]

The post South Korea Unveils Extra Budget appeared first on Live Trading News.

South Korea GDP Under 3%

Shayne Heffernan — Mon, 15 Apr 2013 19:38:09 +0000

South Korea GDP Under 3% Korea’s GDP growth would fall below 3 percent this year, hovering between 2.5 and 2.9 percent, the Ministry of Trade, Industry and Energy said in a press release on Monday. The economic growth projection was presented by representatives from 11 private and public think tanks at a lunch meeting with [...]

The post South Korea GDP Under 3% appeared first on Live Trading News.

Hot Rolled Coil Spot Pricing Below Fair Value for 9th Week Running

Paul A Ebeling Jr — Mon, 15 Apr 2013 19:30:39 +0000

Hot Rolled Coil Spot Pricing Below Fair Value for 9th Week Running This week, the SMU Fair Value HRC hot rolled coil)Model has spot HRC pricing below Fair Value for the 9th consecutive week after briefly rising above the Fair Value price in the week of 8 February. This is due to the SMU average [...]

The post Hot Rolled Coil Spot Pricing Below Fair Value for 9th Week Running appeared first on Live Trading News.

Dodd-Frank is the ‘Worst Financial Legislation I’ve Ever Seen Says William Isaac

Paul A Ebeling Jr — Mon, 15 Apr 2013 19:29:05 +0000

Dodd-Frank is the ‘Worst Financial Legislation I’ve Ever Seen’ FITB The Dodd-Frank Act is “the worst financial legislation I have ever seen in my life,” and the law will not prevent another financial crisis, asserts former FDIC Chairman William Isaac. “If it had been around 15 yrs ago, it would not have prevented the last [...]

The post Dodd-Frank is the ‘Worst Financial Legislation I’ve Ever Seen Says William Isaac appeared first on Live Trading News.

Asia Pacific Economic Update

Shayne Heffernan — Mon, 15 Apr 2013 07:38:25 +0000

Asia Pacific economies will grow 7.8 percent this year on robust domestic demand, the World Bank said, but it warned countries to guard against overheating in credit and asset prices. The forecast is up from 7.5 percent last year, but the bank said in its latest East Asia and Pacific Update report that expansion would [...]

The post Asia Pacific Economic Update appeared first on Live Trading News.