Search Results for: financial crisis
Goldman Sachs sparks outrage by paying staff highest UK bonuses
January 2nd, 2015
Goldman Sachs has paid the highest bonuses to senior staff among banks operating in the UK, sparking outrage and leading to calls the firm must return to “planet earth”. Overall, the US investment bank paid 121 London bosses and ...
Deflation ‘may hit UK in 2015’ warn experts, who fear May’s General Election could knock stability
January 2nd, 2015
Deflation may set in this year and the May General Election could be a mess that leaves England ‘dangerously unstable’, a leading independent forecaster warns today. The Centre for Economics and Business Research (CEBR) has predicted inflation could turn ...
Singapore’s Stock Exchange Looks to Make Trading More Attractive for Individuals
December 31st, 2014
Singapore Exchange Ltd. (SGX) is looking to individual investors to boost Southeast Asia’s biggest stock market after trading volume this year tumbled the most since the 2008 global financial crisis. The bourse will cut the standard lot size for ...
U.S.-Listed ETF Assets Break $2 Trillion Mark
December 30th, 2014
“It took 18 years for ETFs to reach $1 trillion and three years for it to reach the additional $1 trillion,” says SSGA’s David Mazza. Assets invested in U.S.-listed exchange-trade funds/exchange-traded products reached the $2 trillion milestone. ETFGI is ...
Asia to test bond record again in 2015
December 30th, 2014
Asia could set another record for international bond issues in 2015 if Chinese companies continue to borrow offshore at the same voracious pace they did this year, while bankers expect a heavy redemption schedule and larger pipelines from India ...
Top 10 Reasons to Abolish the Corporate Income Tax
December 30th, 2014
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average around 23%. I have a better idea—abolish the tax. The ...
Gold inches higher on weaker dollar
December 22nd, 2014
Gold edged up on Monday on buying interest from Asia and as the dollar retreated, but gains were kept in check by stronger equities that dulled the metal’s safe-haven appeal. Strength in oil prices also supported bullion, but gains ...
Decline and Fall of the Demagogues
December 19th, 2014
This article could have been entitled ‘The Bonfire of the Vanities’ (with apologies to the book’s author Tom Wolfe) as it too is all about ruthless ambition, political sleaze and rampant greed. However, as vanity in others is regarded ...
European shares resume slide as Russia fears persist
December 17th, 2014
European shares fell in early trading on Wednesday, reversing part of the previous day’s tentative bounce, hurt by a further drop in oil prices and Russia’s brewing financial crisis. At 0807 GMT, the FTSEurofirst 300 index of top European ...
Plunging Ruble Unsettles Russians, Poses Test for Putin
December 17th, 2014
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, the plunging ruble is reawakening fears of rising prices and ...
