Archives
Income tax rises across OECD
April 14th, 2014
Personal income tax has risen in 25 of the 34 OECD nations over the past three years, as countries reduce the value of tax-free allowances and tax credits and subject higher proportions of earnings to tax, the body has ...
Goldman, Client Trade Lawsuits Over Singapore Stock Rout
April 14th, 2014
Goldman Sachs Group Inc. (GS) and Lynne Ng Su Ling, an independent director at LionGold Corp., traded lawsuits in London over payment demands after shares owned by Ng and held by the bank as debt collateral plunged in an ...
Oil prices rise on continuing tension in Ukraine
April 14th, 2014
Crude oil prices have risen amid continuing tensions in Ukraine and concerns about possible disruptions to Russian gas supplies. The price of Brent crude futures rose above $108 a barrel in Monday trading – a gain of 0.8% on ...
More law firms face unrated PII threat
April 14th, 2014
Thousands of firms are weeks away from being plunged into uncertainty according to research showing an increasing number relying on unrated professional indemnity insurers. The survey results come weeks before the Solicitors Regulation Authority decides whether to ban unrated ...
FCA warns for an unauthorised firm
April 14th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “LSE Acquisitions” is not authorised by the FCA to provide financial services or products. Source: FCA
Stocks Drop With Ruble as Ukraine Tension Spurs Gold
April 14th, 2014
Global stocks dropped a third day, the ruble tumbled and oil and gold advanced as the U.S. and Russia traded barbs in the United Nations Security Council amid worsening violence in Ukraine. The euro dropped on prospects for more ...
FCA warning for a clone firm
April 14th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that “AXA Investment Managers” (www.axa-im.co.uk) is the clone firm of the FCA authorised firm “AXA Investment Managers UK Ltd” (www.axa-im.co.uk, retail.axa-im.co.uk). Therefore, FCA ...
USD/CHF targets down-trend at 0.863
April 14th, 2014
Pair’s Outlook After an explicitly bearish week there is a fairly high chance of a correction. But even if it does take place, the rally is unlikely to drag on for long, considering there are tough resistances at 0.8813/12 ...
USD/JPY struggles to rally
April 14th, 2014
Pair’s Outlook In order for USD/JPY to preserve a bullish bias, it is required to rebound from 101.27/19, the key support area that consists of the rising trend-line, 200-day SMA and 50% retracement of the November-December up-move. However, for ...
GBP/USD finds support at 1.67
April 14th, 2014
Pair’s Outlook Although GBP/USD received a strong bearish impetus after a test of the February’s high, today the currency pair is not keen on declining, as it seems to have found support at 1.6704 (weekly PP). Nevertheless, the downside ...
