Investment theory

Investment theory

New research by two American experts has demolished the key belief of efficient market theory, which several generations of students were taught as the foundation of their investment skills, that high reward is the consequence of accepting greater risk. Their study of...
ING Bank Reaches Agreement

ING Bank Reaches Agreement

ING Bank announced today that it has entered into a Settlement Agreement with U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Deferred Prosecution Agreements with the Department of Justice, the United States Attorney’s Office...
SA economic outlook modest

SA economic outlook modest

Pretoria – South Africa’s economic outlook remains modest, says the Reserve Bank in its Monetary Policy Review (MPR). “The economic outlook for South Africa remains modest with a gradual recovery in domestic demand and supply expected, barring further...
New World Bank president wants alignment

New World Bank president wants alignment

Pretoria – Newly appointed World Bank president Dr Jim Yong Kim will seek a new alignment of the World Bank group with a rapidly changing world. The bank announced on Monday that it had selected the Korean-American global health expert to become its next...
China GDP Slows

China GDP Slows

China is slowing. Now the second-largest economy, the East Asian giant has to ease its pace to keep from stumbling in its quest for prosperity. The National Bureau for Statistics released numbers today showing annual GDP growth in Q1 2012 of 8.1%, a continuation of...