Search Results for: World Bank
Asian Equities Lower on Growth Woes
October 23rd, 2014
European and Asian stock markets ground lower on Thursday, worries over banks and corporate results again darkening the mood despite a surprisingly upbeat survey of Germany’s manufacturing and service sectors. U.S. stocks were on course to open a touch ...
Ten rules for new investors
October 22nd, 2014
Novice investors are similar to teenagers who take their fathers car secretly, before taking any driving lessons and obtaining their driving license. They first learn to average down on their investments before coming across the concept of stop loss. ...
Citi architect criticises its retreat
October 22nd, 2014
John Reed, one of the architects of the modern-day Citigroup, has criticised his successors’ decision to shut down its consumer operations in 11 international markets, painting the move as shortsighted. “They’re looking at the business differently, they seem to ...
Soft Australian inflation supports low interest rates
October 22nd, 2014
Australian consumer prices rose 0.5 percent in the three months to September, official figures showed Wednesday, as the annual rate of inflation eased after the removal of a controversial carbon tax. The increase in the consumer price index (CPI) ...
Gold Rebounds Boosted by India Holiday Sales
October 21st, 2014
Even after a two-week rally in bullion, domestic prices remain 7.4 percent lower than a year ago just as sales are set to climb for the festival and wedding season. India is the largest gold buyer after China. The ...
Forex-Rigging Fines Could Hit $41 Billion Globally: Citi
October 21st, 2014
The cost for banks to settle probes into allegations traders rigged foreign-exchange benchmarks could hit as much as $41 billion, Citigroup Inc. (C) analysts said. Deutsche Bank AG (DBK) is seen as probably the “most impacted” with a fine ...
Modern accountancy firms
October 20th, 2014
At the 2020 Group annual conference last week, US chairman Chris Frederiksen spoke about how to build a modern firm. Based on the group’s research and Frederiksen’s own experience of firms around the world, he came up with five ...
Scandal Over Brazilian Oil Company Adds Turmoil to the Presidential Race
October 20th, 2014
President Dilma Rousseff is in a tough fight for the Oct. 26 election after a former executive at Petrobras took a plea bargain and testified that her party had benefited from a bribery scheme. Paulo Roberto Costa was living ...
The 7th Saudi Money Exhibition and Conference 2014 in Jeddah
October 20th, 2014
The 7th Saudi Money Exhibition and Conference 2014 will take place on the 14th and 15th of November 2014 at Crowne Plaza Hotel in Jeddah. The exhibition will bring together some of the leading minds in banking and FX ...
The Rise and Fall of the Cypriot Economy (Part 2)
October 20th, 2014
Part 2 – Decline & Deleveraging Stage 4 In the fourth stage people start to become poorer but still think of themselves as rich. The decline is gradual and at first people didn’t realise it and in cases where ...
