Biggest Stock Market Scams in History - Part I

A wicked web of deceit, with just a good measure of theft and forgery thrown in for old time’s sake! Most of the time when we read about history, the biggest this or the fastest that related to the stock exchange it’s (so we are told) so that we don’t make the same mistakes twice…

RBA July Policy Meeting Preview

WHEN 2 July 2013, 00:30 EST RBA LIKELY TO STAY ON HOLD The consensus is that the Reserve Bank of Australia will keep its cash rate at 2.75% at its July policy meeting. While no change may support the Aussie-dollar, a lot will depend on the RBA’s post-meeting statement. It is likely that the central…

Century Global Center

You have got to hand it to the Chinese. They have managed to do two things with relative ease that will probably get the goat (by the beard) of many in the Western world. They have managed to open the largest free-standing building in the world and secondly they have done it despite the fact…

Woes of the EU

The EU doesn’t really know which way to turn at the moment. It would probably be better, quite honestly, just to dig a hole in the muck-laden ground and stick their heads into it all together. Or crack open the ‘booze’ that the French won’t be selling to the Chinese anymore and drink till the…

Goodbye Mervyn, Hello Mark

As we wave goodbye to Mervyn King, former Governor of the Bank of England (ready for him to take up his seat in the House of Lords so that he can sit back and now relax), his successor, Mark Carney hasn’t even had the time to let the seat go cold at the Old Lady…

Global Growth Will Be Down

Global economic growth has been downgraded today in a new forecast that has just been published by HSBC. According to analysts at HSBC, the forecast has been brought lower due to Federal Reserve decisions to cut Quantitative Easing coupled with the slowdown in growth being experienced notably by China, but also by other emerging countries…