Search Results for: Shares
How corporate tax avoidance is hurting America and the rest of the world
April 15th, 2016
Tax-haven abuse by multinationals is exacerbating the global wealth gap and putting an excessive burden on developing countries, according to a damning new report from the nonprofit Oxfam. Coming just a week after the release of what have come ...
Emerging Currencies Halt Rally as Singapore Flags Growth Risks
April 14th, 2016
Malaysian ringgit leads declines after Singapore eases policy Won sinks on Korean election shock as dollar extends advance Emerging-market currencies fell for the first time in six days as Singapore surprised markets by easing monetary policy, spurring speculation other ...
Italy Forms $5.7 Billion Fund to Shake Off Doubts in Banks
April 12th, 2016
Fund to help weakened banks sell shares and unload bad loans Atlante fund managed by Quaestio Capital investment firm Italian officials and bank executives agreed to create a multibillion-euro fund to help troubled lenders raise capital and offload bad ...
Gateley acquires tax adviser Capitus in first deal since AIM listing
April 12th, 2016
AIM listed law firm Gateley has bought tax adviser Capitus in a deal worth £2.72m, the firm’s first acquisition since its listing in June 2015. The business will be renamed Gateley Capitus following the deal, which includes £1.59m in cash and ...
Most Asia markets advance, with Nikkei rising as yen slips
April 12th, 2016
Most major Asia markets ended higher Tuesday, shrugging off after a lower finish in U.S. equities overnight ahead of earnings season. Australia’s ASX 200 added 44.06 points, or 0.89 percent, to 4,975.60, boosted by a 1.73 percent gain in the heavily-weighted ...
Malaysian state fund sacked Ernst & Young and KPMG when auditors asked for documents
April 11th, 2016
The scandal surrounding Malaysian state fund 1Malaysia Development Berhad has thrown up some very interesting facts about how the state fund was managed. According to a probe by a parliamentary committee, the fund had sacked two audit firms over ...
David Cameron had stake in father’s offshore trust
April 8th, 2016
David Cameron has said he and his wife Samantha owned shares in an offshore trust set up by his late father, before selling them for £30,000 in 2010. The PM has faced questions over Blairmore Holdings, an offshore company ...
Asia markets broadly lower as risk-off sentiment settles in
April 8th, 2016
Asia markets were broadly lower on Friday, after U.S. equities sold off overnight amid renewed concerns over global growth and the effectiveness of central bank policy. Australia’s ASX 200 retraced some of the early losses to trade down 0.4 percent, as ...
Barack Obama: Tax avoidance is a big global problem
April 7th, 2016
US President Barack Obama has warned that “tax avoidance is a big global problem” and urged Congress to take action to eliminate tax loopholes. “A lot of it is legal, but that’s exactly the problem,” he said. His comments ...
Samsung sees 10% jump in first quarter operating profit
April 7th, 2016
South Korea’s Samsung Electronics is forecasting a 10% jump in operating profit for the first quarter. The world’s largest smartphone producer has said its operating profit in the January to March period is expected to reach 6.6 trillion Korean ...
