G20 to curb currency devaluation

G20 to curb currency devaluation

Moscow- Finance Ministers and central bankers of the Group of 20 (G20) on Saturday pledged not to target exchange rates or devalue currencies for the purpose of making them more competitive. G20 members would “refrain from competitive devaluation” and...
Vision China Media Contempt motion

Vision China Media Contempt motion

Oak Investment Partners and Gobi Partners have filed a contempt motion in the New York State Supreme Court against VisionChina Media, Inc. (Nasdaq: VISN) and its subsidiary, Vision Best Ltd., for their failure to transfer $60 million into New York State by August 21,...
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...