Search Results for: VAT
UBS to settle over precious metals misconduct allegations as part of forex market rigging probe
November 10th, 2014
UBS are expected to strike a settlement with financial regulators over allegations of misconduct at its precious metals trading business. The settlement will form a part of a £1.5bn agreement the Swiss lender is due to make with five ...
Brothers slammed for forex ‘gamble’
November 10th, 2014
Two financial advisers and a company of which they are both directors have been ordered to repay a couple who lost more than R700 000, because they invested most of their savings – including the proceeds from the sale ...
Financial Stability Board to Propose Stricter Capital Rules for Global Banks
November 10th, 2014
The Financial Stability Board, a panel made up of central bankers, finance officials and top regulators from the world’s largest economies, plans to announce proposals Monday that would double the amount of money that large banks would be required ...
Precious Metals. The second leg of the bubble unwind is upon us
November 10th, 2014
I need to say something about precious metals. I’ve been a vocal bear on them since 2011. Those who’ve subjected themselves to my blog—or worse, my Twitter account—know that. The bottom line is that a pre-crisis boom in commodities ...
ECB could pump €1tn into eurozone in fresh round of quantitative easing
November 7th, 2014
The European Central Bank is ready to pump up to €1tn (£782bn) of fresh stimulus into the flagging eurozone economy to ward off a dangerous deflationary spiral, Mario Draghi has signalled. Draghi, the ECB’s president, said on Thursday that ...
PBOC Confirms New Liquidity Tool as It Holds Off Easing
November 7th, 2014
China’s central bank has published details on its latest tool to provide liquidity as banks from Goldman Sachs Group Inc. to Australia & New Zealand Banking Group Ltd. (ANZ) see a rate cut as unlikely. The People’s Bank of ...
U.S. jobs data to show economy’s resilience
November 7th, 2014
U.S. employers likely hired new workers at a fairly brisk clip last month, underscoring the economy’s resilience in the face of slowing global demand. Employers probably added 231,000 new jobs to their payrolls after boosting them by 248,000 in ...
Australia 200 – Consolidates Above Support at 5500
November 7th, 2014
Australia 200 for Friday, November 7, 2014 The Australia 200 index has enjoyed a solid resurgence over the last month after getting much needed support from the 5200 level, which has resulted in it moving back above the 5400 ...
Foreign Investment Key To India’s Energy Future
November 7th, 2014
For a country of the size and complexity of India, there can be no easy solution to a problem as fundamental as giving the whole country access to steady power. With coal contributing about 60% to Indian power generation, ...
EU’s finance chief to unveil capital market plan in 2015
November 6th, 2014
The EU’s new financial services chief pledged on Thursday to set out his plans for a pan-European capital market by the middle of next year, aiming to reduce companies’ reliance on banks and help revive the bloc’s fragile economy. ...
