How Investors Should React to the Greek Crisis
July 2nd, 2015
Step one: Don’t panic. Even from afar, it’s hard for U.S. investors to ignore the Greek economic crisis, which continues to roil global markets. After Greece saw its bailout funds expire Tuesday—and became the first developed country to fail ...
Asia stocks bounce back but Greece uncertainty still looms
June 30th, 2015
Asian stock markets bounced back Tuesday, recouping some of the previous day’s sharp losses, but investors remained worried the crisis in Greece could spread to other financially weak countries. Japan’s benchmark Nikkei 225 gained 0.4 percent to 20,189.02 after ...
On June 30 scientists will add a second and trading firms have to be prepared
June 29th, 2015
On June 30, time will stand still. Just for a second — a leap second. Since 1967, when clocks went atomic, human timekeeping has been independent of the earth’s rotation. The problem is, the planet is slowing down and ...
Asian stock markets sink after Greece closes banks
June 29th, 2015
Asian stock markets sank Monday after Greece closed its banks and imposed capital controls in a dramatic turn in its struggle with heavy debts. Oil prices declined and the euro edged down against the dollar after Athens announced the ...
Switzerland Postpones Withholding Tax Reforms
June 26th, 2015
The Swiss Federal Council is to postpone a planned overhaul of the withholding tax (WHT) system and re-examine the appropriateness of the reforms at a later date. In Switzerland, WHT is levied on interest, participation income, lottery winnings, and ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
Asia stocks fall, euro drifts as Greek crisis deepens
June 26th, 2015
Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled towards a default, while major currencies like the euro and dollar drifted in narrow range as the debt saga sidelined investors. ...
Greece Lurches Closer to Default
June 25th, 2015
European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country on the cusp of a default. With the Greek government ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)
June 22nd, 2015
Market operations Substitute purchases by Eesti Pank On 2 June 2015 the Governing Council decided that, owing to the lack of government and agency bonds needed to accommodate the Estonian benchmark allocation under the PSPP, Eesti Pank could conduct ...
