Search Results for: financial crisis
China’s unravelling: Will it devalue the yuan next?
July 17th, 2015
China is grasping at policy measures to shore up its economy CHINA could be gearing up to join the global currency wars by devaluing the renminbi. So far this year more than 30 central banks from all over the ...
Fed ready to raise rates – what will be the impact on the US and global economies?
July 15th, 2015
One of the biggest economic events of 2015 is likely to be the US Fed hiking up its policy rate later in the year, say PwC economists. Assuming this happens, its importance lies not only with the impact this will ...
China Growth Beats Economists’ Forecast as Stimulus Kicks In
July 15th, 2015
China’s economic growth proved resilient in the second quarter as policy makers stepped up support and a stock market boom — since soured — spurred services. Gross domestic product rose 7 percent in the three months through June from ...
Greece Holds Out, Wins Even Worse Deal
July 14th, 2015
The hostile takeover is almost complete. On Sunday Greece agreed not just to Germany’s original demands, but to even more: “(Bloomberg) – The conditions that Tsipras swallowed comprised a laundry list of unfinished business from Greece’s two previous bailouts ...
Emerging Challenges Facing Tax Policymakers and Administrations in the Area of International Taxation and Transfer Pricing
July 14th, 2015
From July 7-9, 2015, senior tax administrators and tax policy officials from 26 countries throughout Europe and Central Asia as well as experts from the WU University and the World Bank met in Vienna, Austria to share experiences and ...
A guide to China’s stunning stock market crash
July 13th, 2015
In China, local stock markets, which rose to dizzying heights over the past year, plummeted back to Earth last week. They then rebounded sharply on Thursday and Friday, as the Chinese government worked to restore faith in the markets. ...
Orderly Grexit Poses a Puzzle for EU Lawyers Gaming Out Doomsday
July 10th, 2015
Grexit on Sunday? Not so fast, say the lawyers. Even if the creditors pull the plug, Greece will remain legally part of the euro zone on Monday. It could hang on in a half-out, half-in state indefinitely, creating legal ...
Asian stocks fall in volatile trade as China index seesaws
July 9th, 2015
Asian stocks markets were volatile on Thursday as China’s main index seesawed after a prolonged sell-off while Hong Kong’s benchmark rebounded strongly. KEEPING SCORE: The Shanghai Composite Index in mainland China fell more than 3 percent in the first ...
European Stocks, Chinese Stocks And Commodities Are All Crashing – Are U.S. Stocks Next?
July 8th, 2015
A global stock market crash has begun. European stocks are crashing, Chinese stocks are crashing, and commodities are crashing. And guess what? All of those things happened before U.S. stocks crashed in the fall of 2008 too. In so many ways, it seems like we ...
China Bans Stock Sales by Major Shareholders for Six Months
July 8th, 2015
China’s securities regulator banned major shareholders, corporate executives and directors from selling stakes in listed companies for six months, its latest effort to stop the nation’s $3.5 trillion stock-market rout. Investors with stakes exceeding 5 percent must maintain their ...
