Monthly Archives: August 2016
Wednesday, August 31: OSB G10 Currency Pairs Cheat Sheet & Key Levels
August 31st, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for August 31. EURUSD Open 1.1188, High 1.1192, Low 1.1131, Close 1.1142, -0.41% Change. GPBUSD Open 1.3101 High 1.3119… View table below
Hanjin Shipping Trading Halted After Plunge to Six-Year Low
August 30th, 2016
Creditors decided not to provide fresh loans, Yonhap reports Shipping lines worldwide have posted losses amid slowing trade Hanjin Shipping Co. shares were suspended from trading after plunging to the lowest price since 2009 following a Yonhap News Agency ...
SGX is closer to allowing dual-class shares
August 30th, 2016
The Singapore Exchange is one step closer to allowing dual-class share structures following a vote in their favour by the Listings Advisory Committee (LAC). A dual-class share structure could help attract high-quality companies that may not otherwise consider Singapore ...
HMRC launches plans to tackle black economy
August 30th, 2016
HMRC has launched three consultations on proposals to clamp down on the black economy. The proposals include extending HMRC’s data gathering powers, forcing more business to register for tax purposes in order to access business services and licenses, and new penalties ...
Apple should repay Ireland €13bn, European Commission rules
August 30th, 2016
Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled. After a three-year investigation, it has concluded that the US firm’s Irish tax benefits are illegal. The Commission said Ireland enabled the company ...
SEC Adopts Amendments Providing Authorities Access to Data Obtained by Security-Based Swap Data Repositories
August 30th, 2016
The Securities and Exchange Commission today adopted amendments to a rule that would require security-based swap data repositories to make data available to regulators and other authorities, allowing them to share information and more effectively oversee the security-based swap ...
Bitcoin Tipping Platform Zapchain to Shut Down
August 30th, 2016
Another bitcoin-based content monetization startup has announced it will shut down. Social network Zapchain, launched in 2014 as part of accelerator Boost VC’s fourth batch of startups, has told users that it will cease services effective 31st August. The announcement comes less than a ...
KKR Expands Asia Pacific Leadership Team With New Appointments in China, Korea, and Singapore
August 30th, 2016
KKR today announced that the firm is making important additions to its private equity investment team in Asia, specifically a change in leadership in China and the addition of new senior investment talent in China, Singapore and Korea. Ming Lu, a Member of KKR and Co-Head ...
World Bank shake-up yields only half Kim’s target of $400m savings
August 30th, 2016
The World Bank is set to make net savings that are half the size of a much-touted $400m target as administrative costs rise on a surge in lending, despite a contentious reorganisation pushed through by Jim Yong Kim, its ...
European recognition of FMA oversight of auditors
August 30th, 2016
The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union. With this announcement, the Commission has concluded that the New Zealand ...
