Search Results for: Fed
Argentina asks U.S. judge to put debt payment order on hold
July 22nd, 2014
Argentina asked a U.S. judge on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country’s 2002 default, while it seeks a “global resolution.” Ahead of a ...
Asian shares push higher, shrug off global tension
July 22nd, 2014
Asian stocks touched a three-year peak on Tuesday, despite lingering concerns about crises in Ukraine and Gaza, while the yen eased against the dollar and the euro. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5 percent to ...
Gold Posts Slight Gains on Ukraine Plane Crash, Gaza Hostilites
July 21st, 2014
Gold prices have moved slightly higher on Monday, as fighting rages in Gaza and tensions increase in Ukraine. In the European session, the spot price stands at $1316.03 per ounce. On the release front, there are no US releases ...
Gold Retreats From $1320 Line
July 18th, 2014
Gold started Friday trading just below resistance at $1320, and has dipped lower, losing much of the gains we saw a day earlier. In the European session, the spot price stands at $1309.60 per ounce. On the release front, ...
Accountants To See IRS In Court Over Tax Preparer Program
July 18th, 2014
The American Institute of Certified Public Accountants (AICPA) has filed a federal lawsuit calling for the voluntary tax return preparer regulatory program planned by the United States Internal Revenue Service (IRS) to be declared unlawful. AICPA President and CEO ...
UK banks face break-up threat as watchdog plans competition probe
July 18th, 2014
Britain’s big banks could be broken up after the country’s new competition watchdog said it plans to launch an 18-month investigation into services for small business customers and personal current accounts. The Competition and Markets Authority (CMA) said on ...
Alibaba Plans IPO for After Labor Day
July 18th, 2014
Investors will have to wait a little longer for a chance to buy into the year’s most-anticipated initial public offering. Alibaba Group Holding Ltd. on Thursday decided to push back its IPO—which could raise more than $20 billion—until after ...
AbbVie-Shire Deal Is Expected, in a Flight to a Lower-Tax Locale
July 18th, 2014
The biggest deal of the year is set to be announced on Friday morning, as the pharmaceutical giant AbbVie plans to announce a $53 billion acquisition of Shire, according to people briefed on the matter. The deal will allow ...
SEC targets 10 firms in high frequency trading probe – SEC document
July 18th, 2014
The U.S. Securities and Exchange Commission (SEC) has been seeking information on 10 registered broker dealers as part of an ongoing investigation into high-frequency trading strategies, according to an internal SEC document reviewed by Reuters. The regulator told its ...
Implementing the new European accounting directive
July 17th, 2014
In implementing the New European Accounting Directive, the Member States have choices which give them the chance to improve accounting in their country and those choices should be more evidence-based. This was the main conclusion of a roundtable facilitated ...
