Search Results for: Bill Gross
Central Bank of Greece forecast a strengthening of growth for 2017
December 16th, 2016
Today, in accordance with its Statute, the Bank of Greece submitted its Interim Report on Monetary Policy 2016 to the Speaker of the Greek Parliament and the Cabinet. Progress with the implementation of the programme and with economic recovery ...
Three major Banks fined €485 million for Euribor fix cartel
December 7th, 2016
The European Commission has fined Crédit Agricole, HSBC and JPMorgan Chase, a total of € 485 million for participating in a cartel in euro interest rate derivatives. The banks colluded on euro interest rate derivative pricing elements, and exchanged ...
Asia Stocks Higher, Australia Bucks Negative Growth Report
December 7th, 2016
Asian shares were broadly higher Wednesday, catching a lift from gains in the U.S., as a weak Japanese yen helped exporters’ stocks on the Nikkei Stock Average. The Nikkei was recently up 0.6% in morning trade. S&P/ASX 200 was ...
The Asia-Pacific FinTech landscape is witnessing unprecedented growth
December 5th, 2016
The Asia-Pacific Financial Technology (Fintech) landscape is witnessing unprecedented growth with Fintech solutions and services expected to gross more than US$70 billion in revenue by 2020, with a CAGR of 72.5 percent. Singapore, Hong Kong, and Sydney are innovation ...
Dollar claws back some losses as investors look to U.S. data, OPEC
November 29th, 2016
The dollar clawed back some losses on Tuesday as Italian political woes weighed on the euro, though the greenback remained shy of recent highs after U.S. Treasury yields stepped back from multi-month highs. Volatile crude oil prices ahead of ...
T-Mobile’s accounting slammed by investor group in letter to SEC
November 24th, 2016
MarketWatch is not alone in criticizing wireless operator T-Mobile US. Inc. for its accounting. An investor group sent a formal letter of complaint to the Securities and Exchange Commission on Wednesday, asking the regulator to conduct a probe of ...
Credit Suisse Faces Tax Probe Over Undeclared Accounts
November 22nd, 2016
U.S. asks why bank didn’t reveal ‘toxic’ assets, people say Bank paid record fine in 2014 for helping Americans skirt IRS When Credit Suisse AG pleaded guilty in 2014 to helping Americans cheat on their taxes, it promised to help the ...
Hungary plans to offer the lowest tax rate in Europe; Corporate Tax rate of 9%
November 21st, 2016
The Orbán government surprised the business world on Thursday, including the National Alliance of Employees and Employers, when it declared without any prior consultation that the country’s capital gains tax would be slashed from 19% to just 9% in ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
The Gas demand in Europe is expected to increase by 6%
October 24th, 2016
Gas consumption is expected to increase by 6% compared with 2015, according to the latest estimates from Eurogas. This rise is partly due to increased demand for gas in power generation following signs of revival in industrial activity, as ...
