Search Results for: Bill Gross
ECB to Continue Buying Debt Until Inflation Stabilizes
March 24th, 2015
Central Bank will purchase large amounts of public and private debt for at least 18 months The European Central Bank will purchase large amounts of public and private debt for at least 18 months and until it is convinced ...
ECB decisions may prove to be a blessing in disguise
March 6th, 2015
Draghi adds 500 million euros to ELA, giving banks a breather European Central Bank Governor Mario Draghi announced on Thursday a board decision on Greece that may appear tough but in fact averts a default during March at least ...
China lowers 2015 growth target to around 7%
March 5th, 2015
China targeted economic growth of approximately 7 percent in 2015, lower than the goal of around 7.5 percent in 2014, according to a government work report delivered by Premier Li Keqiang at the parliament’s annual session Thursday. The growth ...
India To Cut Corporate Tax Rate By Five Percent
March 3rd, 2015
In his 2015 Budget speech, India’s Finance Minister, Arun Jaitley, set out his roadmap for accelerating growth and enhancing prospects for investment, including plans for a five percent cut to the corporate income tax rate. The tax cut, which ...
Swiss Banks Try to Keep Italian Clients After Tax Deal Is Signed
February 26th, 2015
Swiss asset managers, faced with the prospect of an exodus of Italian funds, have won a reprieve. An agreement to share tax information among the two nations signed Monday means Italy will remove Switzerland from a black list, enabling ...
Yemen FX reserves stabilise but borrowing balloons in political crisis
February 20th, 2015
Yemen’s foreign exchange reserves have stabilised after a steep fall due to its political turmoil, but ballooning government debt issuance indicates the country may be moving closer to a fiscal crunch, central bank data showed on Friday. Shi’ite Muslim ...
Japan crawls out of recession, but GDP misses (Video)
February 16th, 2015
Japan‘s economy crawled out of recession in the fourth quarter of 2014, data on Monday showed, although the growth figures came in much weaker than expected. Gross domestic product grew an annualized 2.2 percent, helped by a rebound in ...
$9 Trillion Question Is How Tighter Fed Will Impact the World
February 13th, 2015
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., ...
Merkel Says Greek Diplomatic Offensive Is Failing
February 5th, 2015
German Chancellor Angela Merkel indicated that a diplomatic offensive by newly elected Greek Prime Minister Alexis Tsipras to ease his nation’s bailout-aid requirements is failing to win over converts. “I don’t think that the positions of the member states ...
Apple Reports Record First Quarter Results
January 28th, 2015
Highest-ever revenue & earnings drive 48% increase in EPS Growth led by record revenue from iPhone, Mac & App Store Apple® today announced financial results for its fiscal 2015 first quarter ended December 27, 2014. The Company posted record ...
