Search Results for: EY
SEC Announces Charges and Asset Freeze Against Hedge Fund Advisory Firm
May 8th, 2014
The U.S. Securities and Exchange Commission has announced fraud charges and an asset freeze against a New York-based investment advisory firm and two executives for distributing falsified performance results to prospective investors in two hedge funds they managed. The ...
Unemployment rate steady in April for Australia
May 8th, 2014
The unemployment rate has held steady in April against expectations of a rise, according to data from the Australian Bureau of Statistics. The total number of jobs in Australia rose by 14,200 to a seasonally adjusted 11.573 million in ...
US drought gives mixed grain outlook
May 8th, 2014
Grain markets are split between the drought-hit wheat areas of the USA and the far better-looking crops of Europe. US wheat futures have risen to their highest for more than a year, but European markets struggled to follow, rising ...
Putin Calls On Ukraine Rebels To Put Off Secession Vote
May 8th, 2014
Russian President Vladimir Putin called on pro-Moscow separatists in Ukraine to postpone a vote on secession just five days before it was to be held, potentially pulling Ukraine back from the brink of violent dismemberment. It was the first ...
German industrial production falls in March
May 8th, 2014
German industrial production dropped 0.5 percent in March, a retreat that has raised some concerns over the outlook for Europe’s largest economy in light of the tensions in Ukraine and a slowdown in China. The Economy Ministry said Thursday ...
IASB agrees charter of mutual co-operation with accounting standard-setting community
May 8th, 2014
The International Accounting Standards Board (IASB) today published an updated Charter establishing key principles of co-operation between the IASB and national standard-setters and other accounting standard-setting bodies, represented by the International Forum of Accounting Standard Setters (IFASS). The principles ...
USD/JPY underpinned by 200-day SMA
May 8th, 2014
Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average seems to be successful at keeping the exchange rate afloat. ...
Territory confrontations escalate among China, Vietnam and the Philippines
May 8th, 2014
Tensions escalated in the South China Sea region this week after China, Vietnam and the Philippines were involved in a series of potentially explosive confrontations over disputed territory. Vietnamese officials say Chinese military and civilian ships have been intimidating ...
Sherman, PRA Drop $16 Million Debt Collection in New York
May 8th, 2014
Two of the largest U.S. consumer debt buyers agreed to drop collections on about $16 million in judgments to settle allegations they violated New York law in pursuing debtors, the state attorney general’s office said. Portfolio Recovery Associates (PRAA) ...
Toyota profit nearly doubles to $17.8bn
May 8th, 2014
Japanese carmaker Toyota has seen its profits nearly double, boosted by the yen’s weakness and cost cutting. It made a net profit of 1.82 trillion yen ($17.8bn; £10.5bn) in the year to 31 March, up from 962bn yen a ...