Search Results for: FIA
Asian stock markets end lower; economic data in focus
December 9th, 2015
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
JP Morgan AMC sells Amtek Auto debentures
December 8th, 2015
Move comes after more than three months since Amtek Auto episode broke in late August JP Morgan Asset Management Company (AMC) has managed to sell the debt papers of Amtek Auto to a private equity firm at a 15 per cent ...
Why the Fed Has to Raise Rates
December 4th, 2015
No empire has ever prospered or endured by weakening its currency. A great many insightful commentators have made the case for why the Fed shouldn’t raise rates this month–or indeed, any other month. The basic idea is that the ...
EU Hits McDonald’s With Full-Blown Tax Investigation
December 4th, 2015
U.S. fast-food chain’s Luxembourg unit has paid ‘virtually’ no corporation tax on profits since 2009 European Union regulators confirmed Thursday they have opened a full-blown probe into McDonald’s Corp.’s tax affairs in Luxembourg, warning that a tax deal granted ...
The truth about GDP
December 1st, 2015
“I can prove anything by statistics except the truth” – George Canning Canning’s aphorism is as valid today as when he was Britain’s Prime Minister in 1817. Unfortunately, his wisdom is ignored completely by mainstream economists. Nowhere is this ...
VW scandal: Which other car manufacturers will be under investigations
November 12th, 2015
VW diesel emissions investigation widened to include other brands German regulators to run tests on possible ‘unusual pollutants emissions’ on other models including BMW, Mercedes and Ford German car regulators are expanding their investigation into suspected diesel emissions manipulation ...
Asian stocks mixed after China data deluge
November 11th, 2015
Asian stocks turned mixed on Wednesday following fresh economic data from China that largely met expectations. China’s fixed-asset investment (FAI) increased 10.2 percent in the January-October period compared with the year-earlier period, in line with expectations, slightly coming down from the ...
The end-point in financial credit
November 6th, 2015
Since the 1980s, markets have had to adapt to a world of infinite credit. Of course, this credit has not been available to everyone: it has been principally deployed in favour of governments, financial markets, and big business. It ...
Greece turns to USA for Natural Gas
October 29th, 2015
The ever changing dynamic in the Southeast European natural gas sector is seeing a shift in strategy by the Greek government, which is pressing hard for the introduction of prospective supplies of US LNG moving into Europe, via the ...
Bulgaria’s 3 largest foreign investors: Countries
October 29th, 2015
The annual report of the Economic and Trade Affairs of the Greek Embassy in Sofia reveals that Greece was Bulgaria’s third largest foreign investor for 2014. Greeks poured 2.49 billion euros into the neighboring Balkan country in 2014. Only ...
