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IRS Makes it Easier for Small Businesses to Apply Repair Regulations to 2014 and Future Years

February 16th, 2015 (0)
The Internal Revenue Service today made it easier for small business owners to comply with the final tangible property regulations. Requested by many small businesses and tax professionals, the simplified procedure is available beginning with the 2014 return taxpayers ...

China January FDI grows at strongest pace in four years

February 16th, 2015 (0)
Foreign direct investment (FDI) in China grew at its strongest pace in nearly four years in January, surging 29.4 percent from a year earlier to $13.9 billion as investors largely shunned the troubled manufacturing sector and focused on the more resilient ...

Markets mixed in anticipation of Greek debt deal

February 13th, 2015 (0)
US stocks opened lower on Wednesday and ended a volatile trading session essentially flat as investors adopted a cautious stance in anticipation of Greek debt negotiations outcome. The broad stock market index S&P 500 closed flat at 2,068.53, while ...

New ETF: offers first-time access to euro zone equities with currency hedging against US dollar

February 13th, 2015 (0)
New exchange-listed equity index fund has been tradable since Thursday. The UBS ETF – MSCI EMU Hedged USD UCITS ETF (USD) A-dis gives investors the opportunity for the first time to track the performance of the equity markets in ...

HSBC files: Swiss bank hid money for suspected criminals

February 13th, 2015 (0)
HSBC’s Swiss bank concealed large sums of money for people facing allegations of serious wrongdoing, including drug-running, corruption and money laundering, leaked files reveal. Despite being legally obliged since 1998 to make special checks on high-risk customers, the bank ...

Will Draghi’s QE programme work?

February 13th, 2015 (0)
The recent announcement by Mario Draghi for the Quantitative Easing (QE) programme in Europe was welcomed by an expected euphoria from the financial markets. Stock markets around the globe produced positive and significant returns, while yields on the sovereign ...

$9 Trillion Question Is How Tighter Fed Will Impact the World

February 13th, 2015 (0)
When Group of 20 finance ministers this week urged the Federal Reserve to “minimize negative spillovers” from potential interest-rate increases, they omitted a key figure: $9 trillion. That’s the amount owed in dollars by non-bank borrowers outside the U.S., ...

Russian Asset Sales Muddy Sanction Compliance

February 13th, 2015 (0)
U.S. Companies Already Have to Contend With Complex Rules In recent months, Boris and Arkady Rotenberg—Russian businessmen and friends of Vladimir Putin —have sold off assets to their sons that include holdings in a Gazprom drilling contractor and the sleek Finnish Langvik Congress ...

Statement by IMF Managing Director Christine Lagarde on Ukraine

February 12th, 2015 (0)
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Brussels, Belgium: “I am pleased to announce that the IMF team working in Kiev has reached a staff-level agreement with the Ukrainian ...

Posit Alert Hits New International Trading Records

February 12th, 2015 (0)
ITG (NYSE:ITG) a leading execution and research broker, today announced that POSIT Alert® hit new records in January 2015 for value traded in Europe, Asia Pacific, Canada and Latin America. Global POSIT Alert crossed block equity trades with total notional value of approximately $25 billion.  POSIT Alert is ...
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