Daily Archives: 17/08/2016
Taiwan To Tax Cross-Border e-Commerce
August 17th, 2016
Given the recent rapid development of cross-border transactions over the internet, Taiwan’s Ministry of Finance (MOF) has disclosed it is formulating plans to tax the operations of multinational enterprises (MNEs) engaged in e-commerce in the country. The MOF is ...
ASIC cancels financial services licence
August 17th, 2016
ASIC has cancelled the Australian financial services licence held by Marigold Falconer International Limited (Marigold Falconer). Marigold Falconer was unable to satisfy ASIC that it could obtain insurance cover for the services it was authorised to provide under the ...
Shenzhen and Hong Kong Stock Connect and Shanghai-Hong Kong Stock Connect
August 17th, 2016
This announcement is made by Hong Kong Exchanges and Clearing Limited (“HKEX”) pursuant to the provisions under Part XIVA of the Securities and Futures Ordinance and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock ...
China’s Demand for Gold and its Implications for Fiat Currency
August 17th, 2016
While financial market turmoil has led a number of countries to stock up on gold, China stands out from the rest due to the sheer quantity of gold it has purchased over the last couple of years. In 2015 ...
Rising Yen Passes 100 to Dollar
August 17th, 2016
The dollar fell to less than ¥100 during Tuesday’s trading for the first time since the immediate aftermath of the U.K.’s vote to leave the European Union. Traders said thin trading volume and stop-loss orders exaggerated gains in the ...
Emerging Stocks Slip With Oil as Dollar Rises Before Fed Minutes
August 17th, 2016
Japanese shares advance as yen pulls back from 100 level New York Fed chief says interest-rate rise is drawing closer Emerging-market stocks retreated from near a one-year high and oil fell for the first time in a week after hawkish ...
Wednesday, August 17: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
August 17th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for August 17. Gold Open 1345.20, High 1364.30, Low 1344.80, Close 1356.90, 0.70% Changed. Silver Open 19.86, High 20.12… View table below
Wednesday, August 17: OSB G10 Currency Pairs Cheat Sheet & Key Levels
August 17th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for August 17. EURUSD Open 1.1182, High 1.1322, Low 1.1177, Close 1.1277, 0.85% Change. GPBUSD Open 1.2878 High 1.3051… View table below
