Search Results for: china
International association of independent and global accounting firm announced new President
July 26th, 2017
DFK International has appointed Roland Graf as the global accountancy association’s new president. Roland is a popular and prominent member of DFK and a partner and specialist tax lawyer at Peters, Schönberger & Partner (PSP), a multi-disciplinary firm located ...
Staff of a Forex trading firm continue to be held hostage in alleged extortion attempt
July 25th, 2017
USGFX: Australian currency trader staff in Shanghai held hostage in alleged extortion attempt Three Chinese and Taiwanese staff members from an Australian foreign exchange trading firm continue to be held against their will in a Shanghai office, in an ...
Yen advanced, Euro and Australian dollar rose
July 25th, 2017
Asian equities were mixed ahead of the U.S. Federal Reserve’s policy decision and as investors sifted through earnings from companies including Alphabet Inc. Oil rose while the dollar resumed declines. The MSCI Asia Pacific Index fluctuated near a 10-year ...
Oil steady ahead of producer meeting; Nigeria, Libya output in focus
July 24th, 2017
Oil prices held around a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya. London Brent crude for September delivery was up 2 ...
Notable moves in markets and some key events coming up this week
July 24th, 2017
Stocks Mixed Before Earnings, Fed; Yen Pares Gains Stocks in Asia were mixed at the start of a week packed with earnings results and a Federal Reserve interest-rate decision. Oil remained below $46 a barrel before an OPEC meeting, ...
Oil dips; The reasons
July 19th, 2017
Oil dips on rising U.S. crude inventories, high OPEC supplies Oil prices fell on Wednesday after a rise in U.S. crude inventories and ongoing high output from OPEC producers revived concerns of a fuel supply overhang. Brent crude futures ...
Oil prices stable as strong demand meets ongoing supply glut
July 18th, 2017
Oil prices were stable on Tuesday, supported by strong consumption but weighed by ongoing high supplies from producer club OPEC and also the United States. Brent crude futures, the international benchmark for oil prices, were at $48.55 per barrel ...
Dollar extended losses; The euro jumped
July 18th, 2017
Asian shares, dollar slip as passage of U.S. healthcare bill doubtful Asian shares stepped back from more than two-year highs on Tuesday and the dollar extended losses as passage of a U.S. healthcare bill grew doubtful, and as investors ...
Asia shares rise; the Dow and S&P 500 hit record highs
July 17th, 2017
Asia shares rise on strong China GDP, accommodative Fed view Asian stocks set a fresh two-year high on Monday, boosted by stronger-than-expected economic growth in China and bets that lacklustre U.S. data will keep the Federal Reserve cautious about ...
The logic of a modern gold standard
July 14th, 2017
The logic of a modern gold standard In last week’s Insight, I analysed the current geopolitical situation and concluded that it was now in the interest of the Shanghai Cooperation Organisation to break from the US dollar completely, ...
