TSX may open lower on weak euro zone data

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(Reuters) – Canada’s main stock index looked set to open lower as weak euro zone consumer inflation figures overshadowed positive data that showed Japan‘s economy grew faster than expected.

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* Japan’s economy expanded at a rapid clip at the start of the year, the first hard evidence that Prime Minister Shinzo Abe‘s sweeping stimulus is beginning to rouse consumers and businesses into action. Continue reading →

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Handle Urgent Situations Instantly with Fast Unsecured Personal Loans (via SBWire)

Creditloansources.com is introducing the perfect solution to urgent and unexpected financial situations through these fast loans that will be available collateral-free. This will see borrowers access the applied amounts in less than an hour. Tucson, AZ — (SBWIRE) — 05/08/2013 — Some situations like… Continue reading →

iTalk Comments on Unauthorized Listing on Boerse Berlin Stock Exchange and Naked Short Selling

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FT. LAUDERDALE, Fla., May 17, 2013 /PRNewswire/ – iTalk Inc. (OTCQB: TALK) (OTCBB: TALK) (“iTalk” or the “Company”), a global provider of advanced communications and mobile broadband services, would like to inform its investors and regulators that it has come to our attention that the Company’s shares have been listed on the Boerse Berlin Stock Exchange (“BBSE”) by an unidentified third party, without our approval, consent or knowledge.  The Company did not authorize or direct any broker on the BBSE to act as a market maker for the company’s common stock.   Continue reading →

European shares climb, U.S. stocks seen mixed

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By Richard Hubbard

LONDON (Reuters) – The euro hit a six-week low against the dollar and European shares rose on Wednesday after euro zone economic data undershot already weak expectations, strengthening the case for another interest rate cut.

Europe‘s broad FTSEurofirst 300 index of top company shares was up 0.5 percent at 1,242.54 points by midday, a level not seen since mid-2008. However, U.S. stock index futures pointed to a more mixed open on Wall Street. Continue reading →

Gold drops 1 pct to near 2-week low as dollar firms

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By Lewa Pardomuan

SINGAPORE (Reuters) – Gold fell more than 1 percent on Monday, holding near its weakest level in two weeks, as the dollar firmed on signs of an improving U.S. job market and as holdings in exchange-traded funds slipped again.

Bullion’s safe-haven appeal has been dimmed by speculation the Federal Reserve could scale back its aggressive monetary stimulus after recent U.S. labour market data pointed to a steady recovery trend in the world’s largest economy. Continue reading →

G7 says Japan playing by currency rules

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AYLESBURY, England (AP) — Japan convinced its partners in the Group of Seven leading industrial economies Saturday that it was not manipulating its currency as part of a bold attempt to get its economy out of a near two-decade period of stagnation.

At the conclusion of a two-day meeting of leading financial representatives from the G-7 countries — the U.S., Germany, France, Italy, Japan, Canada and the U.K. — host British Treasury chief George Osborne said there was a formal acknowledgement that each member needed to secure their own countries’ growth by balancing austerity measures with growth-enhancing policies. The meeting also agreed on the importance of finding measures to deal with failing banks and working collectively to stop companies and individuals from dodging their tax bills. Continue reading →