India's energy ties with Iran unsettle Washington
India's search for hydrocarbons to fuel its economy has managed rather neat diplomatic trick of annoying Washington, delighting Tehran and intriguing Baghdad, and leaving the Indian Treasury fretting about how to pay for its oil imports.
Housing shores up expansion with little inflation
Builders began work on more U.S. houses in May and permits for new single-family homes rose to a five-year high as residential real estate underpins an economy that’s generating little inflation.
Using options to profit from a euro top
The Eurozone would not stand to benefit from a discontinuation of the American central bank stimulus efforts. So with downside pressure likely to continue for the euro, here's how can a trader take a speculative view on the euro with options.
Rigged-benchmark probes span from Singapore to London
The probe of Libor manipulation is proving to be the tip of the iceberg as inquiries into assets from derivatives to foreign exchange show that if there’s a chance to rig benchmark rates in world markets, someone is usually willing to try.