Search Results for: Markets
31% of businesses expect to grow through M&A in next 3 years
April 11th, 2014
The Grant Thornton International Business Report (IBR) reveals that global M&A activity has risen from this time last year, with dynamic businesses leading the way. The results confirm that leaders of the world’s most progressive businesses view acquisitions as ...
Regulators suggest firms take deep dive into audit quality
April 11th, 2014
While acknowledging that auditors are under unprecedented scrutiny, an international association of audit regulators is asking audit firms to analyze causes of problems in audits globally in hopes of finding remedies. Lewis Ferguson, chair of the International Forum of ...
Greek 10-year yields rise day after five-year sale
April 11th, 2014
Greek 10-year government bond yields rose on Friday, underperforming other euro zone debt, a day after Greece returned to the market with a well received five-year bond sale. Ten-year yields stood 4 basis points higher at 6.018 percent. Greece ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
ASIC obtains orders cancelling 15 million shares held in Northwest Resources Limited
April 11th, 2014
Following an application by ASIC, the Federal Court of Australia has ordered the cancellation of 15 million shares in ASX-listed Northwest Resources Limited (Northwest) that were held in the name of Craigside Company Limited (Craigside), a company incorporated in ...
Code red: Stocks tank on Wall Street
April 11th, 2014
Investors might have used Wednesday’s rally as a chance to rest up so they could get back to what they’ve been doing best lately: selling. The Nasdaq lead the carnage today with a 3.1% loss. It’s fairly uncommon for ...
Europe Stock Futures Follow Asia Down on Tech; Lira Falls
April 11th, 2014
European index futures and emerging-market currencies slid as a gauge of Asian stocks dropped the most in three weeks amid a selloff in technology shares that’s cut demand for riskier assets. Nickel extended its longest rally since 2010. Contracts ...
Christine Lagarde: huge government and bank debts risk new financial crash
April 10th, 2014
IMF head argues for global co-operation on financial stability, warning against risky investments and low eurozone inflation Head of the International Monetary Fund Christine Lagarde issued a warning to world leaders on Thursday that they need to do more ...
Deutsche Bank Said to Find Improper Communication in FX Case
April 10th, 2014
Deutsche Bank AG (DBK) put a London-based currency saleswoman on leave last month for inappropriate communication with the Monetary Authority of Singapore, a person familiar with the matter said. No other details on Kai Lew’s communications with MAS were ...
Turkey keeps YouTube block despite court rulings
April 10th, 2014
Turkish authorities defied court orders and reaffirmed a ban on YouTube imposed after the posting of illicit recordings of top secret security talks that was cited by Prime Minister Tayyip Erdogan as part of a “dirty campaign” to topple ...
