Search Results for: Fed
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
Unusual: The goverment of this country complains that it is collecting too much tax
February 23rd, 2017
Sweden’s government has an unusual complaint — it is collecting too much tax. Negative rates of interest have made a number of the world’s highest taxes lots much less painful as companies and people race at hand money to ...
Asia Stocks Gain Even as Topix Swings, Yen Rises: Markets Wrap
February 22nd, 2017
U.S. currency slipped earlier on Fed official’s rates comment Chinese shares in Hong Kong resume rally; oil extends gains Asian stocks rose as markets from Hong Kong to Singapore followed a rally in the U.S. The dollar pared earlier ...
ACCA kicked off February with the seventh global public sector conference
February 21st, 2017
ACCA (the Association of Chartered Certified Accountants) kicked off February with their seventh global public sector conference in South Africa. The two-day event held on 14 – 15 February, welcomed 150 guests from around the world and explored the ...
Asia Shares Gain as Yen Weakens; Unilever in Focus: Markets Wrap
February 20th, 2017
Kraft Heinz withdraws its $143 billion bid for Unilever U.S. stock and bond markets closed Monday for President’s Day Asian stocks rose, as Tokyo shares erased morning losses after the yen weakened and Hong Kong equities resumed a rally. ...
European Parliament calls for robot law
February 17th, 2017
EU-wide rules are needed for the fast-evolving field of robotics, e.g. to enforce ethical standards or establish liability for accidents involving driverless cars, say MEPs in a resolution voted on Thursday. MEPs ask the EU Commission to propose rules ...
Uber just lost a crucial court ruling – which might push up the price of a fare
February 17th, 2017
So it turns out an Uber is actually a taxi – at least for tax purposes. That’s the upshot of a Federal Court judgment handed down on Friday. Uber had fought an 18-month battle to avoid GST, but will now ...
Asian Stocks Drop Even as Reflation Pullback Eases: Markets Wrap
February 17th, 2017
S&P 500 slips in New York trading, oil heads for weekly loss U.K. retail sales and U.S. leading index due on Friday Investors continued to step away from Asian equities at the end of the week even as a ...
Huge gas finds in Mediterranean Sea waiting to be tapped
February 16th, 2017
Huge gas finds in Mediterranean Sea waiting to be tapped As the helicopter roars its way west from the Tel Aviv coast, two dots emerge from the featureless blue. Closer up, they begin to take shape: Giant platforms for ...
Asia Stock rally fizzles as bonds gain; Dollar weakens
February 16th, 2017
Dollar weakens while Treasuries halt a five-day slide MSCI All-Country World Index hit a record on Wednesday The reflation trade rally that sent global equities soaring to the highest level on record was cut short during Asian hours as ...
