Archives
Tax Breaks May Not Be Enough to Jumpstart Crimea’s Struggling Economy
May 30th, 2014
In an effort to jumpstart Crimea’s faltering economy, a government plan could offer tax breaks and other juicy business conditions on the peninsula for the next half century — but even this may not be enough to attract businesses ...
Tax case: Vodafone officials to meet Finance Secretary
May 30th, 2014
Representatives of Vodafone are likely to meet senior officials of the Finance Ministry. They would be meeting Finance Secretary Arvind Mayaram and Revenue Secretary Rajiv Takru, said sources. The meeting would be taking place in the backdrop of the British ...
Gold nears worst week since March as stocks climb, demand falls
May 30th, 2014
Gold steady above $1,250/oz, heads for 3 pct weekly loss * Improved appetite for risk pushes stock markets higher * Premiums fall in India; demand soft across Asia-traders (Updates throughout, changes dateline, pvs SINGAPORE) Gold steadied on Friday ...
Silver recovers by Rs 350 on industrial demand, gold stable
May 30th, 2014
Silver prices today recovered by Rs 350 to Rs 40,850 per kg on increased demand from consuming industries but gold remained steady at Rs 27,500 per 10 grams after falling for four straight sessions on low-level buying. Silver ready ...
CySec informs on ESMA regulation
May 30th, 2014
The Chairman of the Cyprus Securities & Exchange Commission (CySec), Demetra Kalogirou, has announced through a circular on the ESMA – MiFID II / MiFIR Consultation Paper and Discussion Paper to inform the Cyprus Investment Firms and Regulated Markets about the following: 1. ...
First Derivatives extends FX Trade Surveillance capabilities
May 30th, 2014
First Derivatives (AIM: FDP.L, ESM: FDP.I), a global provider of software and consulting services to the financial services industry has announced the launch of its integrated trade execution, risk management and surveillance solution for FX markets. The solution enables brokers to provide ...
US economic slowdown in first quarter of 2014
May 30th, 2014
The US economy shifted into reverse in the first three months of 2014 shrinking by an annualised rate of 1%, official estimates have shown. It is the worst economic performance since the first quarter of 2011. It is also ...
Japan faces inflation growth
May 30th, 2014
The Japanese government said Friday that Japan’s consumer prices rose 3.2 percent from a year earlier in April to the highest level since 1991, largely due to a sales tax increase that is expected to dent growth this quarter. Other ...
USD/JPY needs to rebound from 101.60 to stay bullish
May 30th, 2014
Pair’s Outlook The currency pair remains unable to break the five-month down-trend resistance line, something that would most likely entail a robust recovery of the U.S. Dollar in the long term. But at the same time USD/JPY is underpinned ...
GBP/USD retreats from 100-day SMA
May 30th, 2014
Pair’s Outlook Being that GBP/USD has just broken out of the bullish channel to the downside and met a strong support level, there is likely to be a pullback up to 1.6784/76. And regardless of the bullish technical indicators ...
