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SGX reports 3Q FY2017 net profit of $83 million

April 21st, 2017 (0)
3Q FY2017 Financial Summary – Revenue: $203 million, down 2% from a year earlier – Operating profit: $103 million, unchanged – Net profit: $83 million, down 7% – Earnings per share: 7.8 cents, down 7% – Interim dividend per ...

FTSE 250 pharmaceutical specialist to replace Deloitte for KPMG

April 21st, 2017 (0)
FTSE 250 pharmaceutical specialist the Vectura Group, which supplies products for the treatment of lung disease, is to appoint KPMG as external auditor from the 2017 financial year, replacing incumbent Deloitte after a decade Deloitte has been Vectura’s auditor ...

Oil prices set for biggest weekly drop in a month

April 21st, 2017 (0)
Oil traded steady on Friday, though it was set for its biggest weekly drop in about a month over doubts that an OPEC-led production cut will restore balance to a market that has been dogged by oversupply for more ...

Clearstream Monthly report: ECB’s QE continues to put pressure on securities financing industry

April 19th, 2017 (0)
The European Central Bank’s (ECB) decision to stick to its bond buying program despite strong EU-wide economic growth has damped hopes in the market that interest rates will rise any time soon. This loose monetary policy can be felt ...

JPMorgan accused of fraud over tech company sale

April 19th, 2017 (0)
JPMorgan steered a technology company client to sell itself to BlackBerry at a knockdown price because it wanted to win lucrative future investment banking business from the smartphone pioneer, according to an investor lawsuit. The lawsuit filed on behalf ...

Interactive Brokers reports net revenues of $374 million for 1Q2017

April 19th, 2017 (0)
Reports comprehensive earnings per share of $0.40, Income before taxes of $213 million on $374 million in net revenues, And earnings per share on net income of $0.34. Declares Quarterly Dividend of $0.10 per share. Interactive Brokers Group, Inc. ...

Real Estate Stocks Continue To Rebound

April 18th, 2017 (0)
Foreign and US real estate stocks extended March’s rally into the first week of April, generating the top performances among the major asset classes last week, based on a set representative exchange-traded products. Vanguard Global ex-US Real Estate (VNQI) ...

What set to be the driving force for the Middle East economy

April 13th, 2017 (0)
The aviation and tourism industry in the Middle East is set to be a driving force for the region’s economy, according to the 6th Arab Aviation Summit’s white paper report released today. The region is expected to deliver a ...

Where the majority of EU population live? flats or houses

April 13th, 2017 (0)
House or flat: where do you live? In 2015, 42% of the EU population lived in flats and 57% in houses. The share of persons living in flats was highest in Spain (66%), Latvia (65%) and Estonia (63%), and ...

Taxes on labour income for the average worker across the OECD continued to decrease

April 13th, 2017 (0)
Taxes on labour income for the average worker across the OECD continued to decrease for the third consecutive year during 2016, dropping to 36% of labour costs, according to a new OECD report. Taxing Wages 2017 measures the level of ...
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