Word: formely
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...Securities & Exchange Commission (SEC), concerned about the exponential growth of hyper-frequency trading, announced on Tuesday, Aug. 4, that it was considering a ban on one form of this activity, known as flash trading. But it has said nothing about an even bigger element of high-frequency trading, known as co-location, even as the New York Stock Exchange (NYSE) is building two new facilities to house such traders...
...while there has always been some level of special access at the NYSE in the form of trading members who could do more than other firms, the big difference is that that list is public. The NYSE's push to keep the list of firms using co-location services private continues to keep what some consider a shady practice even more in the shadows...
...competition is heating up. Siemens now looks set to form a partnership with Rosatom, Russia's main nuclear-energy company and the world's second largest. The move will give the Russian firm new technological and engineering credibility, and mean another strong rival for Areva right in its own backyard. And China's push for nuclear plants is likely to presage competition from that country. "China wants the ability to build its own nuclear facilities in the future," says Nicolas Véron, a capital-markets and foreign-investment expert with Brussels think tank Bruegel. "A large part...
...First and most obviously, photos from the meeting show a grinning Kim, the ailing dictator, looking much better physically - surprisingly so, in fact - than he has since suffering a stroke last August. The South Korean press had reported earlier this summer that Kim might be suffering form pancreatic cancer, and recent photos showed him looking haggard and not well. In recent weeks, intelligence agencies had been scrambling to nail down reports that a succession struggle was under way in Pyongyang and that Kim might not be long for the world. Foreign Ministries and intelligence agencies in East Asia - Japanese, South...
...framework for an international agreement to combat climate change through global diplomacy. Hillary Clinton’s visit to India a few weeks ago shows the challenge of constructing an effective agreement. While she emphasized the importance of protecting the environment, India flatly stated its opposition to accepting any form of binding emissions cuts. As a developing nation that has played a very small part in producing the climate mess that the world now faces, India’s lack of enthusiasm is understandable. This does not mean, however, that an agreement is out of the question. A treaty that...