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Asian Stocks Snap 8-Day Winning Streak Led by Industrials

April 7th, 2014 (0)
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...

Stock Futures Rise as Dollar Holds Yen Gain Before Data

April 4th, 2014 (0)
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...

Asian Stocks Rise on Stimulus as Oil Drops With Copper

April 3rd, 2014 (0)
Asian stocks rose for a seventh day in the longest rally this year as the Japanese yen reached a two-month low and China’s government announced stimulus measures. European equity index futures, copper and oil fell. The MSCI Asia Pacific ...

Multinationals’ tax affairs “hurting” growth and investment

April 2nd, 2014 (0)
RULES designed to protect multinational companies from double taxation are allowing them to either greatly reduce or eliminate their tax rates in many countries, an OECD report to the G20 has found. The study shows multinationals frequently pay rates ...

Europe Index Futures Rise With Asia as Yen Retreats

April 2nd, 2014 (0)
European index futures climbed with Asian stocks, Treasuries fell and the yen retreated before reports that may signal the U.S. economic recovery is gathering pace. New Zealand’s dollar weakened and gold rebounded. The MSCI Asia Pacific Index added 0.4 ...

ASIC: Former finance broker pleads guilty to fraud

March 28th, 2014 (0)
ASIC has issued an announcement informing the investors the following: A former finance broker has admitted to stealing the identities of former clients so she could buy two cars, sell them to acquaintances and keep the cash from the ...

Italians Join Greeks Selling Bank Stock to Once-Wary Investors

March 27th, 2014 (0)
Eight Italian banks are preparing to sell at least 8 billion euros ($11 billion) of stock to shore up their balance sheets, as nations shunned during the sovereign-debt crisis return to favor with investors. Leading the pack is Banca ...

IRS Says Bitcoin Counts as Property for Tax Purposes

March 26th, 2014 (0)
The Internal Revenue Service issued a notice saying that Bitcoin and other virtual currencies should be treated as property for federal tax purposes and the general rules for property transactions should apply. The notice provides answers to frequently asked ...

China Manufacturing Gauge Falls as Slowdown Deepens

March 24th, 2014 (0)
China’s manufacturing industry weakened for a fifth straight month, according to a preliminary measure for March released today, deepening concern the nation will miss its 7.5 percent growth target this year. The Purchasing Managers’ Index from HSBC Holdings Plc ...

IRS Already Received Over Half of Expected Tax Returns

March 21st, 2014 (0)
The Internal Revenue Service said Thursday it has already received more than half of the tax returns it expects to receive during 2014, even though the filing deadline is nearly a month away. The IRS said it has received ...
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