Search Results for: SIX
Xiaomi’s Phones Have Conquered China. Now It’s Aiming for the Rest of the World
June 6th, 2014
On May 15, behind the curving, imperial facade of the China National Convention Center in Beijing, a veteran technology executive named Lei Jun walks onstage before a thousand raucous fans and members of the media. It’s a familiar scene ...
Asian Stocks Rise With Ringgit; U.S., Europe Futures Gain
June 6th, 2014
Asian stocks rose for the fourth straight week and emerging-market currencies strengthened after the European Central Bank cut interest rates to fight deflation. The dollar headed for its best week since April versus the yen and U.S. and European ...
FCA says logbook lenders must raise standards
June 5th, 2014
The Financial Conduct Authority (FCA), the British regulatory authority has urged the importance of raising longbook lenders’ standards after finding evidence of poor firm behaviour, including little or no affordability checks with some applicants encouraged to manipulate details of their ...
Europe Stocks Rise With Italy Bonds After ECB; Euro Drops
June 5th, 2014
European stocks extended gains, Italian bonds advanced and corporate credit risk slid to a six-year low after the European Central Bank cut all three interest rates. The euro weakened, treasuries rose and commodities fell. The Stoxx Europe 600 Index ...
Caution reigns as traders await Mr Draghi
June 5th, 2014
The euro is steady, benchmark bond yields nudging lower and bourses are mixed as investors wait to see if the European Central Bank will introduce a package of measures designed to tackle deflation concerns and boost the bloc’s economy. ...
Singapore follows China With Dangerous Debt Level
June 4th, 2014
Singapore companies’ indebtedness has swelled to the most in Asia after China and India as the city-state’s economic growth slows, according to GMT Research Ltd. Leverage among the Southeast Asian nation’s corporates is following counterparts in the two larger ...
Fifa ethics head Michael Garcia won’t look at new corruption allegations
June 3rd, 2014
Millions of files raise fresh questions over Qatari bid for the 2022 World Cup, with Garcia’s report on the issue due 9 June. Fifa’s chief ethics investigator will not consider millions of documents underpinning a new wave of corruption ...
Big Four’s China Accountancy Units Thrashing Out SEC Settlement in Auditing Dispute
June 3rd, 2014
The Chinese units at some of the world’s largest accounting firms – dubbed the Big Four – are looking to reach an out-of-court settlement with the US’ Securities and Exchange Commission in a bid to put an end to ...
Juniper, Nintendo, ‘Geaux,’ Google: Intellectual Property
June 2nd, 2014
Juniper Networks Inc. (JNPR)’s 2011 infringement case against Palo Alto Networks Inc. involving Internet security systems has been settled, according to a May 28 court filing. In the initial complaint, Sunnyvale, California-based Juniper had accused Palo Alto Networks of ...
Tax Breaks May Not Be Enough to Jumpstart Crimea’s Struggling Economy
May 30th, 2014
In an effort to jumpstart Crimea’s faltering economy, a government plan could offer tax breaks and other juicy business conditions on the peninsula for the next half century — but even this may not be enough to attract businesses ...
