Search Results for: interest rates
Ryan Tax Plan Cuts Corporate Rate to 20% to Stem Inversions
June 27th, 2016
U.S. corporations would get the largest federal income-tax rate cut in history, and their foreign earnings would no longer face domestic taxes when they return to the U.S. under a plan that House Republicans unveiled Friday. The changes would ...
Accountancy profession reacts to the UK’s decision to leave EU
June 27th, 2016
Accountants, tax experts and finance professionals have reacted to the UK’s decision to leave the European Union, with many predicting a wave of uncertainty regarding the economy and British businesses. The Leave campaign received 52% of the referendum, compared ...
Pound Tumbles for a Second Day as Brexit Spurs Political Chaos
June 27th, 2016
Brexit vote reverberates across nation’s political spectrum Sterling drop only half what we’ll see in 2016: Standard Bank The big question for pound traders may have been answered, but the outlook for the currency is murkier than ever. Sterling dropped ...
Bitcoin exchange Quoine raises $20m venture investment
June 21st, 2016
Quoine, a Singapore-based Bitcoin exchange, has closed a $20 million funding round, leveraging off the large opportunity for Bitcoin in the Japanese market, led by venture capitalists (VCs) and other ‘strategic investors’. It’s last funding round was a $2 million ...
Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
June 16th, 2016
The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA). A third hedge ...
Five fintech start-ups aiming to replace traditional banking
June 9th, 2016
According to recent data from Accenture, funding for fintech companies reached a staggering £3.7bn in the first quarter of 2016 alone. With global investment growing at such a rapid rate, traditional banking services are finally beginning to realise the ...
FRC to investigate Deloitte
June 9th, 2016
The Financial Reporting Council (FRC) has launched an investigation under the accountancy scheme into Deloitte LLP, in relation to the preparation, approval and audit of the financial statements of companies within the Serco group. The investigation is for the financial ...
Deutsche Borse announced new Amundi bond index launched on Xetra
June 8th, 2016
Deutsche Börse Cash Market: A new exchange-listed bond index ETF issued by Amundi has been tradable on Xetra and Börse Frankfurt since Tuesday. Name: Amundi ETF Floating Rate USD Corporate UCITS ETF – Hedged EUR Asset class: bond ETF ISIN: FR0013141462 ...
Spain is the first country in Europe to introduce Samsung Pay contactless payments
June 6th, 2016
Samsung Electronics today has announced the launch in Spain of Samsung Pay, a secure and simple mobile payments service that works anywhere you can pay with a contactless credit or debit card. Spain is the first country in Europe ...
Fed likely to avoid rate hike before Britain votes on leaving EU
June 3rd, 2016
The U.S. Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from Britain’s vote on whether to leave the European Union. The geopolitical risk likely will ...
