Search Results for: US economy
Stocks, currencies gauges rebound from worst slump since June; Emerging Markets
September 13th, 2016
Stocks, currencies gauges rebound from worst slump since June Ringgit sinks with oil as local markets reopen after holiday Emerging markets took a breather, with stocks and currencies rebounding from their worst two-day drop since June, as traders pared ...
China’s elite law firms moving from strength to strength
September 12th, 2016
China’s legal market is defying a slackened economy, with turnover on the up at most of the country’s elite law firms. The latest revenue ranking of Chinese law firms fromThe American Lawyer has shown that China’s biggest firms are continuing ...
Woes at Italy’s Biggest Bank Reverberate in Europe
September 12th, 2016
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, Italy’s largest lender by assets, emerged as one of the ...
IMF tranche will allow more Ukraine FX liberalisation
September 9th, 2016
The expected release of an IMF loan tranche next week will allow Ukraine to continue liberalising its foreign exchange regime, including dividend repatriation by investors, the chief economic adviser to the prime minister said on Friday. Kiev will hear ...
Low tax Zug aims to become Switzerland’s ‘Crypto Valley’
September 8th, 2016
Zug town hall now accepts bitcoin More than a dozen crypto currency firms operating there so far Government looking at changing regulation to attract more firms The small Swiss canton of Zug, famed for the low taxes that have ...
What to Watch at the ECB’s Meeting
September 8th, 2016
As Mario Draghi prepares to face the cameras on Thursday, analysts have rarely been so divided over what to expect from the European Central Bank president. In July, ECB officials signaled that they were ready to unleash fresh stimulus to support the eurozone’s ...
Gold sputters after hitting three-week high
September 7th, 2016
Gold futures were trading little changed Wednesday after logging their highest settlement in nearly three weeks a day earlier as investors pared expectations for how aggressively the Federal Reserve would move to increase interest rates. The interest-rate debate continues ...
ECB might deliver more QE but Fitch’s top economist says ‘don’t bother’
September 7th, 2016
Expectations for further quantitative easing at upcoming European Central Bank and Bank of Japan meetings may be running high, but chances are central bankers will be wasting their time with fresh measures, analysts warned. Brian Coulton, chief economist at ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
Israel puts FATCA temporary on hold; Other countries may rethink
September 5th, 2016
Israeli High Court’s FATCA Injunction Must Make Other Countries Rethink America’s Imperialistic Law The Israeli High Court’s temporary injunction against the enforcement of America’s highly controversial global tax law “should serve as a wake-up call for other countries to ...