Apache Australia Oil Find Boosts Potential Sale Value

Posted by Forexsq 19 hours ago (http://www.bloomberg.com)
img Apache Corp. (APA), the U.S. oil producer weighing plans to sell international assets after investor pressure, announced the largest discovery in 20 years off the coast of Western Australia.

The Canning Basin may hold as many as 300 million barrels of oil, according to six samples from a well about 110 miles (180 kilometers) north of Port Hedland, the Houston, Texas-based company said today in

Accounting trouble discovered at Alibaba unit ahead of mega IPO

Posted by Forexsq 4 days ago (http://money.cnn.com)
img Chinese tech firm Alibaba's film division may have misreported financial information -- yet another road block as the firm prepares for a big market debut due in the coming weeks.

Israel, Palestinians Observe New Truce as Accord Sought

Posted by Forexsq 8 days ago (http://www.bloomberg.com)
img Israeli and Palestinian negotiators staked out positions for a long-term agreement on the Gaza Strip as a new Egyptian-brokered truce offered a respite to a month of violence in the Hamas-ruled territory.

Palestinian envoys attending truce talks in Cairo agreed yesterday to Egypt’s proposal for 72 hours of quiet. There were no rockets fired from Gaza or Israeli air strikes on the territory sin

Asian Stocks Outside Japan Climb After Last Week’s Drop

Posted by Forexsq 15 days ago (http://www.bloomberg.com)
img Asian stocks outside of Japan rose, with a gauge of regional equities rebounding after last week’s decline, as information technology companies advanced.

Compal Electronics Inc. (2324) jumped 6.9 percent after Macquarie Group Ltd. said earnings for the Taiwanese computer maker will improve. China Everbright Ltd. soared 15 percent in Hong Kong on government plans to revamp the ownership of pare

Global Pressure Mounts on Israel to End Gaza Fighting

Posted by Forexsq 22 days ago (http://www.bloomberg.com)
img International pressure mounted on Israel to end its three-week offensive in the Hamas-controlled Gaza Strip, with President Barack Obama and the United Nations Security Council demanding an immediate truce.

Israel reduced the scope of its military offensive today, saying it wouldn’t initiate strikes, though it responded to rocket and mortar fire that persisted after a Hamas truce offer yesterd

Clinton Earns $12 Million Speaking, Writing After Service

Posted by Forexsq 28 days ago (http://www.bloomberg.com)
img Hillary Clinton has earned at least $12 million in 16 months since leaving the State Department, a windfall at odds with her party’s call to shrink the gap between the rich and the poor.

Clinton’s income since her resignation as secretary of state in February 2013 is derived mostly from her latest memoir, speeches and paid appearances at corporate retreats, according to an analysis of data com

Yellen Wage Gauges Blurred by Boomer-Millennial Shift

Posted by Forexsq 29 days ago (http://www.bloomberg.com)
img Federal Reserve Chair Janet Yellen’s focus on wages to help gauge the strength of the job market could need fine tuning as baby boomers approach the twilight of their careers and millennials jump in to fill the void.

As today’s middle-aged Americans grow older, they are leaving their prime working years behind, trading big salaries for part-time gigs or retirement, just as an even larger group

U.S. Stocks Drop as Portugal Debt Stress Fuels Concern

Posted by Forexsq 40 days ago (http://www.bloomberg.com)
img U.S. stocks fell, with the Standard & Poor’s 500 Index sinking the most in eight weeks, as equities resumed a selloff that began earlier this week after signs of financial stress in Portugal fueled demand for haven assets.

Pandora Media Inc. and Facebook Inc., which trade at more than 85 times reported earnings, tumbled at least 2.5 percent amid concern valuations in Internet and small-cap sto

Ukraine Moves to Destroy Rebel Bases in East, Ruling Out Cease-Fire

Posted by Forexsq 43 days ago (http://www.bloomberg.com)
img Ukraine’s government accused pro-Russian rebels of destroying bridges, as it expressed its determination to wipe out insurgent bases and ruled out a unilateral cease-fire in the battle-torn east.

“Government troops are blocking roads to Donetsk and Luhansk to prevent rebels’ reinforcement and weapons delivery,” a Defense Ministry spokesman, Andriy Lysenko, told reporters in Kiev today. “Rebels

Commodities Obsolete in Models Yielding to Fed, ECB

Posted by Forexsq 46 days ago (http://www.bloomberg.com)
img Commodities are getting a demotion from foreign-exchange strategists.

Banks from JPMorgan Chase & Co. to Citigroup Inc. are reducing the weighting given to exports in their currency forecasting models as policy makers tighten their grip on financial markets. Traditional commodity currencies, such as those of Canada, Australia, New Zealand and Norway, have become decoupled from exports by the m

40% of unemployed workers are millennials

Posted by Forexsq 47 days ago (http://www.marketwatch.com)
img The jobs market is improving, according to government data released Thursday, but millennials are still left out in the cold. They’re suffering more than any other age group, new research finds.

Some 40% of unemployed workers are millennials, according to an analysis of U.S. Census data by the Georgetown University Center on Education and the Workforce released to MarketWatch, greater than Gen

Rand Paul Slams ‘Fat Cats’ With Hedge Fund in Top Donors

Posted by Forexsq 49 days ago (http://www.bloomberg.com)
img The U.S. Supreme Court rejected an appeal by Google Inc. (GOOG), leaving the company to face lawsuits accusing it of violating a federal wiretapping law by secretly collecting personal data while developing its Street View maps.

The justices today left intact a federal appeals court ruling that the U.S. Wiretap Act protects the privacy of information on unencrypted in-home Wi-Fi networks.

Facebook treats you like a lab rat

Posted by Forexsq 50 days ago (http://money.cnn.com)
img You can be angry and upset with Facebook after it manipulated its users' emotions as part of a study. But you shouldn't be surprised.

After all, experiments on users are commonplace on the Web. We are lab rats in Internet mazes.

The most common kind of Web experiment conducted on users is called an "A/B" test. That's when an online company provides a different Web experience for a small sub

Top Cleric Tells Iraq Leaders to Pick Premier by Next Week

Posted by Forexsq 53 days ago (http://www.bloomberg.com)
img Iraq’s top Shiite religious leader escalated pressure on politicians to agree on a new government that can prevent a fracturing of the country, as the military pressed its assault on militants who have seized major cities.

Grand Ayatollah Ali al-Sistani, in remarks relayed to worshipers at Friday prayers in the holy city of Karbala, said that picking a prime minister, president and speaker whe

A property bubble in 4 charts

Posted by Forexsq 55 days ago (http://money.cnn.com)
img The central bank says it's the biggest threat to financial stability, but is the U.K. at risk of another real estate bubble going pop?

A quick look at house prices may ring alarm bells. The average cost of a home in the world's fastest-growing developed nation is 20% above its pre-crisis peak in 2007
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