Search Results for: euro
Little Change for U.S. Stock-Index Futures Before ECB
June 5th, 2014
U.S. stock-index futures remained relatively unchanged, after equities climbed to a record, while investors awaited the European Central Bank’s decision on stimulus today and the monthly jobs report tomorrow. Sprint Corp. advanced 4.2 percent in German trading after people ...
Spain Plans To Cut Corporate Tax Rate
June 5th, 2014
Spanish Prime Minister Mariano Rajoy has unveiled plans to cut the corporate tax rate from 30 percent to 25 percent to increase the competitiveness of domestic companies. The tax reduction will come into effect on January 1, 2015, and ...
Irish Tax Reform needs further improvements
June 5th, 2014
The European Commission has described Ireland’s system of labor taxation as fragmented and complex, has criticized its range of value-added tax (VAT) rates, and called for improvements to environmental taxes. The comments are made in the Commission’s latest package ...
Deutsche Bank cap hike delay due to court bottleneck
June 5th, 2014
Deutsche Bank’s (DBKGn.DE) plans for an 8 billion euro ($11 billion) capital hike came to an abrupt halt on Wednesday when a procedural bottleneck in a German court forced Germany’s flagship lender to delay the issue by several days. ...
Caution reigns as traders await Mr Draghi
June 5th, 2014
The euro is steady, benchmark bond yields nudging lower and bourses are mixed as investors wait to see if the European Central Bank will introduce a package of measures designed to tackle deflation concerns and boost the bloc’s economy. ...
Yen Rebounds as Most Asia Stocks Drop With Oil Before ECB
June 5th, 2014
Japan’s yen rebounded from a one-month low while Euro Stoxx 50 Index futures were little changed before a European Central Bank monetary-policy announcement. Most Asian stocks retreated with oil, and platinum dropped amid talks to end a South African ...
Oil higher in Asian trade
June 4th, 2014
Oil prices edged higher in Asia on Wednesday as investors await the latest US supply report for clues about demand in the world’s biggest crude consumer. The US benchmark, West Texas Intermediate (WTI) for delivery in July, gained eight ...
Commodities markets summary
June 4th, 2014
ENERGY US oil prices edged higher in quiet trade, a day ahead of a key weekly report on US petroleum inventories, while Brent prices slipped in London. The US benchmark futures contract, West Texas Intermediate (WTI) for delivery in ...
Draghi tries to Keep Rate-Cut Option Even After June
June 4th, 2014
Mario Draghi is likely to signal that any interest-rate cut this week won’t necessarily be the final one, according to two euro-area central bank officials. The European Central Bank president will probably reiterate his commitment to keep borrowing costs ...
Fed may shun global risk rules banks spent billions to meet
June 4th, 2014
The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards. Fed officials are concerned that ...
