Search Results for: EY
FASB proposes simpler accounting for fees paid to cloud service providers
August 21st, 2014
FASB on Tuesday issued a proposal designed to simplify the accounting for fees that public and private companies pay as customers in cloud-computing arrangements with third-party service providers. Rules exist under current GAAP addressing the accounting for cloud service ...
Futures edge higher ahead of Jackson Hole meeting, data
August 21st, 2014
U.S. stock index futures edged higher on Thursday, ahead of a flurry of economic data and the start of the meeting of top central bankers and economists in Jackson Hole, Wyoming. Policymakers are due to discuss the labor markets ...
FCA warns investors against clone firms
August 21st, 2014
Financial Conduct Authority (FCA), the British regulator has issued a warning against “AMT Markets” (www.amt-markets.co.uk) and “Euromax Finance Limited” (www.eurofinance.com) informing the investors that the two companies are the clones of the original ones. AMT Markets is the clone ...
U.S. regulators step up warnings to banks for poor risk-spotting
August 21st, 2014
U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms’ poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, according to two sources familiar with ...
Asian Stocks Fall After HSBC China Manufacturing Drops
August 21st, 2014
Asian stocks outside Japan fell for the first time in nine days after a private gauge of Chinese manufacturing dropped more than economists forecast. The MSCI Asia Pacific excluding Japan Index slid 0.8 percent to 509.13 as of 2:23 ...
Macy’s settles racial profiling allegations from shoppers
August 21st, 2014
Macy’s is to pay $650,000 (£390,000) to settle claims it racially profiled and detained ethnic minority shoppers at its flagship Manhattan shop. Under a deal with New York’s attorney-general Macy’s agreed to a series of changes at its 42 ...
OSB Daily Technical Analysis
August 21st, 2014
OSB Daily Technical Analysis for August 21, 2014 EUR/USD – bears took over the day and pushed the EUR/USD beneath the 1.33 level without much difficulty. The break below this level indicates that this market is likely to continue ...
Bond Traders React to Fed Minutes
August 21st, 2014
U.S. Treasury prices hit session lows on Wednesday after the minutes from the Federal Reserve’s latest policy meeting showed the central bank was surprised at the quick progress in the labor market. Benchmark 10-year Treasury notes lost 10/32 in ...
ASIC publishes supervision report
August 21st, 2014
The Australian regulator in its effort to enforce regulation has published its eighth report on market supervision to inform firms on compliance procedures. ASIC has published its eighth report on the supervision and surveillance of Australian financial markets and ...
Australia 200 – Surges to Six Year High around 5650
August 21st, 2014
Australia 200 for Thursday, August 21, 2014 The Australian 200 Index has finally been able to crack it and surge higher to a new six year high around 5650 in the last day after enjoying a solid move higher ...
