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Accountants among most recession-proof professions
February 11th, 2016
ACCOUNTANCY is one of the most recession-proof private sector professions in the UK, according to an analysis of ONS and professional industry data. Analysis undertaken by Randstad Financial & Professional found that, over the past 12 years, the total salary ...
Asia markets close mixed; Hong Kong shares tumble
February 11th, 2016
Asian markets closed mixed on Thursday as investors digested remarks from Federal Reserve Chair Janet Yellen and oil remained volatile. Hong Kong’s Hang Seng index, which resumed trading today after being shut from Monday through Wednesday for the Lunar New ...
OPEC expects rivals to pump out less oil in 2016
February 10th, 2016
Oil cartel OPEC has cut its forecasts for how much its rival producers will produce in in 2016, while the 12-member group continues to ramp up its own production levels. According to the latest monthly report from the group, ...
Oil prices rebound from sharp selloff; more volatility expected
February 10th, 2016
Crude oil prices pushed higher on Wednesday after Iran said it was open to cooperation with Saudi Arabia, partly recovering from an 8 percent fall in the previous session on concerns over demand and weak equities. Liquidity in Asia ...
IEA releases Oil Market Report for February
February 10th, 2016
As signs of a demand slowdown surface, higher OPEC output only partly offsets non-OPEC decline Having peaked, at a five-year high of 1.6 million barrels per day (mb/d) in 2015, global oil demand growth is forecast to ease back ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
Australia, Japan sell-off amid global rout; Nikkei drops 5.4%
February 9th, 2016
Australian and Japanese markets closed sharply lower on Tuesday, after another sell-off in U.S. and European stocks overnight as many Asian markets remained shut for the Lunar New Year. China and Taiwan are closed for the week, while markets ...
Accenture, PwC, Deloitte, IBM & KPMG: Which consulting firm is best for you?
February 8th, 2016
List: Hybrid IT is on the rise and the complexities of digital transformation mean that consulting firms have an important role to play in simplifying the process. In the early weeks of 2016 there have been a number of ...
Gazprom: No reason for gas price war in Europe
February 5th, 2016
The Russian gas monopoly sees no need to cut prices as liquefied natural gas (LNG) from the United States attempts to gain market share in Europe. “There is no necessity for us to open a price war… There are ...
Commonwealth report calls for clearer legislation for virtual currencies
February 5th, 2016
Virtual currencies offer countries a cost-effective, fast and accessible alternative to settling financial payments, but unclear laws and regulations are preventing their responsible development and encouraging their exploitation by criminals, says a new Commonwealth report. Virtual currencies, which allow ...