Search Results for: Global Markets
Deloitte records double-digit revenue growth
August 29th, 2017
Deloitte, the business advisory firm has issued today a press release to announce financial results for year ended 31 May 2017. According the press release announcement: Highlights Revenue up 11.2% to £3.4bn (2016: 13.6%)1 In the UK, double digit ...
Big Four accountant EY will replace KPMG as auditor of mining giant BHP Billiton
August 28th, 2017
Big Four accountant EY has snared a lucrative victory, replacing KPMG as mining giant BHP Billiton’s auditor. BHP conducted an audit tendering process during the year in the wake of regulations forcing firms to rotate their statutory accountants. As ...
Gold – crossing the Rubicon
August 25th, 2017
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken. The factors ...
Two former top Société Générale Managers accused of a Libor Scheme
August 25th, 2017
U.S. authorities on Thursday charged two managers at French bank Societe Generale (SCGLY) with taking part in a scheme to manipulate the global U.S. dollar Libor benchmark interest rate. Danielle Sindzingre, 54, the bank’s former global head of treasury, ...
DGCX and Ayedh Dejem Group to launch the Middle East’s first-ever Sharia compliant Spot Gold contract
August 21st, 2017
The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an ...
Oil steady following a 3 percent jump in prices on Friday
August 21st, 2017
Oil steady as market conditions tighten despite rising U.S. output Oil markets were stable on Monday, largely holding on to Friday’s big gains even though rising U.S. output weighed on hopes the market will tighten after a 13 percent ...
The fiscal benefits of free trade
August 18th, 2017
The fiscal benefits of free trade Western governments have an overriding problem, and that is they have reached or exceeded the bounds of taxation, at a time when legally mandated welfare costs are accelerating. Treasury departments in all ...
Bitcoin, Digital Currency and AML/CFT eKYC via Paydentity™
August 18th, 2017
Highlights • iSignthis welcomes Justice Minister’s statement to include digital currency exchange sector into Australian Anti Money Laundering (AML) regulations • iSignthis Paydentity service already providing identity verification eKYC and processing services to US and EU companies, including Coinify.com ...
Oil prices dipped amid broader market selloff
August 18th, 2017
Oil prices dipped on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, LCOc1 the international benchmark for oil prices, were at $50.99 per barrel at 0520 ...
Here’s How the Euro Is Likely to Fare Against World Currencies
August 18th, 2017
Don’t get distracted by Thursday’s ECB-driven slump: the euro has been redrawing the global currency map on its journey to multi-year highs. No wonder policy makers are starting to fret. Even after today’s declines, Europe’s growth story and the ...
