Search Results for: VAT
Invast Australia Hires New Sales Manager
June 3rd, 2014
Invast Financial Services Australia has expanded their local sales and business development team in order to help launch their latest trading platform, ST24, by hiring a new sales manager. Invast recently welcomed on board their newest addition, Jimmy Pan, ...
Iran Eliminates US Dollar from Forex Reserves
June 3rd, 2014
The Central Bank of Iran (CBI) has practically rid the country’s foreign currency reserves of US dollar, replacing them with the United Arab Emirates’ dirham, an official said. Hossein Ya’qoubi, CBI governor for international affairs, told the Tasnim News ...
RBI keeps repo rate unchanged at 8%; SLR cut by 50 bps
June 3rd, 2014
In line with market expectations, the Reserve Bank of India on Tuesday kept key rates unchanged. While the repo rate was maintained at 8% and reverse repo rate at 7%, the SLR was cut by 50 basis points. The ...
ECB to lead revamp of global FX codes of conduct
June 3rd, 2014
The European Central Bank has been given the lead role in work to strengthen codes of conduct for currency markets, expected to be one of the main areas highlighted in a report from global regulators due within weeks. Banking ...
Juniper, Nintendo, ‘Geaux,’ Google: Intellectual Property
June 2nd, 2014
Juniper Networks Inc. (JNPR)’s 2011 infringement case against Palo Alto Networks Inc. involving Internet security systems has been settled, according to a May 28 court filing. In the initial complaint, Sunnyvale, California-based Juniper had accused Palo Alto Networks of ...
CySec gives CIF authorisation
June 2nd, 2014
The Cyprus Securities and Exchange Commission (CySec), has announced in a press release that, during its meetings between January – May 2014, decided, pursuant to sections 6(6) and 22 of the Investment Services and Activities and Regulated Markets Law ...
BNP Fine Puts Pressure on Hollande to Act
June 2nd, 2014
A potential $10 billion U.S. penalty against France’s largest bank BNP Paribas SA (BNP) for its alleged dealings with Iran and other sanctioned nations, is stirring outrage in the country. It is putting pressure on President Francois Hollande, who hosts ...
Market Chatter- Corporate finance press digest
June 2nd, 2014
The following corporate finance-related stories were reported by media: * Japanese insurer Dai-ichi Life Co is in advanced talks to buy Protective Life Corp of the United States in a deal that could be worth over $5 billion, a ...
China’s manufacturing activity picks up
June 2nd, 2014
China’s factory activity grew in May at its fastest pace this year, according to government figures, a positive sign amid the wider economic slowdown. The official purchasing managers index (PMI) hit 50.8 in the month, up from 50.4 in ...
When Spanish firms use tax havens
June 2nd, 2014
Almost all of the 35 companies listed on the Spanish stock exchange use tax havens, according to a report from Observatorio RSC, an organisation that monitors corporate social responsibility. The figures, based on company reports for 2012, show a ...
