January 27, 2015 BY Maria Nikolova

MONEX sees profits return in Q3, as net income reaches JPY 2.1bn

Monex Group, Inc. (TYO:8698), the international group of Forex brokers, earlier today announced the financial metrics for the third quarter of its fiscal year. The three months until the end of December 2014 saw a drastic turn in the group's fortunes, as the corporate income swung back into black, following a gloomy second quarter marked…

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January 27, 2015 BY Andrew Saks-McLeod

Is the SNB going to start intervening again in the Swiss Franc?

Swiss National Bank Vice President Jean-Pierre Danthine has stated that if the currency peg on the Swiss franc had been maintained, the cost would have been 100 billion Swiss francs (73 billion pounds) to defend this month alone, and that the central bank is ready to intervene once again. Meanwhile the eurozone concerns continue, with £6 billion having been withdrawn from Greek banks since yesterday's election

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January 27, 2015 BY LeapRate Staff

KVB Kunlun's rosy Q4 report sends its shares up 13%

Hong Kong based retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) saw its shares skyrocket more than 13% on Monday after the company provided an upbeat update on its Q4 and full year 2014 financials. As we reported yesterday, without giving specifics KVB stated that it will see a nice increase in Revenues for…

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