Archives
Washington-area business owners’ tax burden mounts as economy rebounds
September 2nd, 2014
A rebounding economy means more customers, higher sales and new jobs. It also means higher taxes. State and local tax bills for companies across the country grew modestly last year as the economic recovery accelerated, according to new research ...
RBA maintains run of record low rates
September 2nd, 2014
The Reserve Bank of Australia has kept official interest rates on hold at record lows as investors await the official update of Australia’s economic growth rate and remarks from RBA governor Glenn Stevens at lunchtime tomorrow. For the 13th ...
Banks say funding rules will make key equities trades more expensive
September 2nd, 2014
Banks are sounding the alarm about a proposed global rule aimed at forcing them to fund themselves more safely, warning that it could have “severe” knock-on effects on short selling and other important equities market transactions. Industry lobbyists have ...
India Recommends Canceling 172 Coal Mining Permits
September 2nd, 2014
India proposed cancelling 172 unused permits to mine coal, while allowing 46 operational mines to keep working to address a Supreme Court ruling that struck down all coal-mine allocations made since 1993. The government is prepared to auction off ...
Japan and India Pledge to Strengthen Ties as China Rises
September 2nd, 2014
Prime Minister Shinzo Abe pledged an upgrade of economic and security ties with India, saying Japan would double investment and expand defence cooperation amid concerns about China’s growing influence in the region. Abe and his Indian counterpart Narendra Modi ...
Japan wage growth surges in July
September 2nd, 2014
Japanese wages unexpectedly logged their strongest increase since 1997, providing a boost to the government’s battle against deflation. Labour cash earnings rose by 2.6% in July compared to a year ago, beating forecasts of a slowdown to 0.9%. “With ...
OSB Daily Technical Analysis – Commodities
September 2nd, 2014
OSB Daily Technical Analysis for September 2nd, 2014 Gold- Low trading volume day on Monday for Gold. More of the same and range bound action without much impetus to head higher or lower. Silver- Sideways trading within a tight ...
Burger King has maneuvered to cut U.S. tax bill for years
September 2nd, 2014
Burger King may have taken a lot of flack in the past week for a deal that should curb its U.S. tax bill but in many ways it is consistent with the burger chain’s aggressive tax-reduction strategies in recent ...
OSB Daily Technical Analysis- Currency pairs
September 2nd, 2014
OSB Daily Technical Analysis for September 2nd, 2014 EUR/USD was largely unchanged on Monday despite bearish pressure. Weakness continues and lower prints are almost certain considering looming ECB actions in the near term. USD/JPY Breakout for the USD/JPY pair ...
Bank regulators need to get more realistic if we are to avoid a new crisis
September 2nd, 2014
The idea of a “Europe without banks” became popular after the financial crisis, when bankers were demonised and punitive regulations proposed. Six years on, the repercussions still resonate deeply, as I found at the recent Alpbach Financial Markets Symposium, ...
