Archives
Toyota to recall 190,000 cars in Japan, China over Takata air bags
December 4th, 2014
Toyota Motor Corp (7203.T) said on Thursday it would call back 190,000 more vehicles, mostly in Japan, to replace potentially defective air bags made by Takata Corp (7312.T), the latest in a long line of recalls for the embattled auto ...
Technical Analysis: Currency pairs – Dec 04
December 4th, 2014
Technical Analysis for December 04, 2014 EUR/USD keep pushing under 1.24 line and will continue the long term downtrend. Currently EUR/USD traded around 1.231 and the next target for a lower leg will be 1.225. A reversal to 1.24 ...
Dollar Approaches 120 Yen on U.S. Growth as Aussie Falls 6th Day
December 4th, 2014
The dollar strengthened to within 0.1 percent of 120 yen, the highest since July 2007, as analysts forecast that U.S. job growth will accelerate while Japan remains in recession. A gauge of the U.S. currency headed for its highest close in more than ...
Bitcoins Seized From Silk Road Offered in Second Auction
December 4th, 2014
The U.S. government will auction 50,000 bitcoins as it disposes the virtual currency seized after closing down the illicit Silk Road marketplace last year. Today’s tender is the second sale after the U.S. Marshals Service sold almost 30,000 bitcoins in June, ...
Fall of the Bond King: How Gross Lost Empire as Pimco Cracked
December 4th, 2014
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...
Hong Kong Plugs Commitment To Tax Info Exchange
December 1st, 2014
Financial Secretary John C Tsang stressed how Hong Kong has made substantial efforts to introduce the new global standard for the automatic exchange of tax information, while also ensuring data confidentiality, during his speech at the first Certified Tax ...
FCA: New rules will protect consumers from harmful fee-charging credit broking practices
December 1st, 2014
New rules have been introduced by the Financial Conduct Authority (FCA) today to tackle poor practice in the credit broking market which is causing serious detriment to consumers. The rules will ban credit brokers from charging fees to customers, ...
Tanzania parliament votes on PM resignation amid corruption scandal
December 1st, 2014
Tanzania’s parliament voted on Saturday to dismiss senior officials, including the attorney general and the minister of energy, following a report released earlier this week implicating public officials in a scandal involving fraudulent payments of public funds. Officials have also ...
UK passes tough new transparency law for oil, gas and mining companies
December 1st, 2014
A historic law came into force in the UK today that will help fight poverty and corruption in resource-rich but poor countries said Global Witness, which has been campaigning for such measures for over 16 years. The new rules ...
UK Gambling Tax Regime Rules Overhauled
December 1st, 2014
New rules for the UK’s General Betting Duty (GBD), Pool Betting Duty (PBD), and Remote Gambling Duty (RGD) entered into force on December 1, 2014, shifting the place of supply for tax purposes from the place of supply to ...
