Esignal, long known for its reliable, comprehensive data offering, puts the information crucial to negotiating the futures market together with the tools that make the data come to life. Reliable, fast, streaming, real-time futures, stock, options and forex prices come from the world’s markets, including approximately 150 North and South American, European, African and Asian exchanges. eSignal’s charting and analytics can satisfy every level of technical analyst. Hundreds of studies, plus easily manipulated drawing tools and familiar charting formats, including marketprofile and Point and Figure, are available. eSignal also provides a scr...
With advanced technological infrastructures, including the ever-growing network of branches, Marfin Popular Bank Group is equipped with officers assisting the group’s vision to become one of the largest and most successful banking organisations in Southeast Europe. Marfin Egnatia Bank (MEB) is part of Marfin Popular Bank Group, which also owns the second largest bank in Cyprus. Marfin Popular Bank Group provides a spectrum of banking services through 527 branches located in Cyprus, Greece, the UK, Guernsey, Australia, Malta, and in South East Europe (Russia, Romania, Ukraine, Estonia and Serbia). MEB operates 188 branches in Greece. MEB its...
Japan’s finance minister said he would like to see price growth of one percent and urged the Bank of Japan to cooperate in beating deflation, putting fresh pressure on the central bank for more action to support a fragile economy. BOJ Governor Masaaki Shirakawa said the central bank was willing to cooperate, but he offered few clues on what it would do beyond keeping monetary conditions very easy. “I personally would like to see [consumer price index] growth of around one percent, or perhaps even a little more,” Naoto Kan told a lower house budget committee. “I think the BOJ shares the government’s view that this is a desirable poli...
The Indian government’s first full-year budget since its resounding re-election may signal that increasing populism and ruling coalition infighting will triumph over policies to liberalise the economy and cut record borrowing. This could be the year for India. The world is looking for motors of growth in Asia, the $1.2trn Indian economy is recovering faster than expected and the Congress-party led coalition also enjoys a clear majority in parliament. In theory, the budget could allow Finance Minister Pranab Mukherjee to cut a record $97bn government borrowing, and streamline taxes and push sales of state firms and a 3G mobile phone licence ...
Europe’s post-recession recovery has hit a roadblock as German economic growth unexpectedly ground to a halt in the final quarter of 2009, though France made up for some of the damage. The news comes at a hard time for Europe’s single currency bloc as governments struggle to sort out Greece’s debt difficulties and contain financial market fears that have driven the euro lower and government bond yields higher. German GDP was flat in the final quarter of last year, the statistics office said, following expansions in the two previous quarters that ended a year-long recession. Growth of 0.2 percent had been forecast. France, the Eurozone...
US mortgage foreclosure filings dropped in January but the decline may prove only temporary as housing-rescue efforts fall short of addressing current drivers, a report released on Thursday showed. Foreclosures are by far one of the biggest threats to the US housing market, which remains highly vulnerable to setbacks and heavily reliant on government intervention. If foreclosures continue dropping it would be one of the strongest signals yet the market is on the path to recovery. Foreclosure filings – including mortgage default notices, house auctions and home repossessions by banks – were reported on 315,716 properties in January, a decr...
A nine-month interim agreement went into force provisionally at the start of February but deputies from the assembly’s Liberal, Socialist and Green groups opposed it on the grounds it failed to protect the privacy of EU citizens. Washington will now have to seek other ways to access information on money transfers in Europe until it can negotiate a permanent agreement with the EU. It says such data is vital to track terror suspects. Underscoring US concerns, Treasury Secretary Timothy Geithner and Secretary of State Hillary Clinton wrote to parliament president Jerzy Buzek to ask for support. EU governments also made last-minute appeals, ple...
Additional criminal charges have been filed against Galleon hedge fund founder Raj Rajaratnam as prosecutors alleged he and his co-defendant reaped $49m from illegal insider trading, up from an earlier claim of $40m. In the parallel civil case against Rajaratnam and co-defendant Danielle Chiesi, a judge ordered the two defendants to turn over wiretaps to the US Securities and Exchange Commission. In a letter to Manhattan federal court Judge Jed Rakoff, Rajaratnam’s lawyers asked him to stay the order pending an appeal. Thousands of wiretaps were made in the criminal probe between 2003 and 2009 involving Wall Street and Silicon Valley firms ...
The firm, which has about eight percent of the global market and capacity some three times greater than nearest rival Nippon Steel, said it expected core profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of between $1.8 and $2.2bn in the first quarter. The figure compared with an average forecast in a Reuters poll of $2.6bn, albeit with a wide range of estimates, and with a fourth quarter result of $2.1bn. Chief Executive Lakshmi Mittal said 2010 would continue to be challenging, although capital expenditure would rise by 43 percent to $4bn this year. “We therefore start the year in a good position to benefit f...
European Central Bank President Jean-Claude Trichet is cutting short a trip to Australia to attend a special EU summit, prompting market speculation initiatives are in the works to help resolve Greece’s debt problems. EU heads of state are due to meet this week in Brussels for a special summit on the economy under pressure to restore confidence among investors worried that rising debt in Greece, Portugal and other weaker states in the Eurozone could undermine a global recovery. The summit was called in early January and Trichet had been expected to spend both Tuesday and Wednesday in Australia at central bank meetings. Instead, he is leavin...