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Analysis: Euro Zone – Reasons To Be Wary In 2014

Last year was the least tumultuous for the euro zone since Greece revealed a vast hole in its books back in 2009. The consensus is that 2014 will be just as calm - a view held by some who were...

Nvidia CEO talks up mobile chips with brawny PC graphics

Chipmaker Nvidia Corp gave new details of an upcoming chip with beefed-up graphics for mobile gadgets and cars as it faces a slowing personal computer industry and harsh competition in smartphones and tablets. The K1 is Nvidia's first mobile chip...

China Services Industry Growth Slows, Confirms Year-End Cooldown

Growth in China's services industries slowed in December, a pair of surveys showed, mirroring a slowdown in manufacturing and confirming views that the world's second-largest economy lost steam at the end of last year. The HSBC/Markit Economics services Purchasing Managers'...

China Issues Fresh Curbs On Shadow Banking

China's cabinet has issued new rules to strengthen regulation of the shadow-bank lending that has helped fuel an explosion in debt levels since 2008, in the latest effort to address growing financial risks, sources told Reuters on Monday. The wide-ranging...

Kerry Says Israel, Palestinians Making Progress On Peace ‘Puzzle’

U.S. Secretary of State John Kerry said on Sunday the Israelis and Palestinians were making some progress in peace talks, though there was still a chance no accord would be reached. Speaking before he flew to Jordan and Saudi Arabia...

Thousands Of African Migrants Protest Israel Detention Policy

Thousands of African migrants, many holding banners demanding freedom for compatriots jailed as illegal job-seekers by Israel, protested on Sunday in a main Tel Aviv square against a new open-ended detention law. Human rights groups say more than 300 people...

Egyptian Activists Convicted Over 2012 Attack

Twelve prominent Egyptian dissidents were given one-year suspended jail terms on Sunday in a case brought over an attack on the campaign headquarters of defeated presidential candidate Ahmed Shafik during the 2012 election. The activists include siblings Alaa Abdel Fattah...

Watchdog Slams Deutsche Bank For Libor Probe Response: Report

German banking watchdog BaFin criticized Deutsche Bank's (DBKGn.DE) management for the way it responded to a probe into manipulation of the Libor benchmark interest rate, according to German magazine Der Spiegel. BaFin and other regulators are investigating more than a...

No Bonanza Yet For Big Funds From New Rules To Cut Risk

If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending "high quality" assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to be disappointed. The phasing in of the U.S....

British Reporting Rule Change Exposes Transatlantic Cultural Gap

As investors prepare to digest the latest round of company earnings figures, Britain's move to scrap the quarterly reporting requirement has revealed a divergence of opinion between the domestic and U.S. investment communities. While British investors endorse what they perceive...

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