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5 Russian stocks you should be watching

July 18th, 2014 (0)
Investors remain largely in the dark about what happened with the fallen Malaysia Airlines flight and the affect of recently announced U.S. sanctions against Russia. But three Russian stocks are suffering mightily over what the fallout for Russia could ...

Implementing the new European accounting directive

July 17th, 2014 (0)
In implementing the New European Accounting Directive, the Member States have choices which give them the chance to improve accounting in their country and those choices should be more evidence-based. This was the main conclusion of a roundtable facilitated ...

Indonesia Ex-Central Banker Gets Jail for Bank Bailout Graft

July 17th, 2014 (1)
Former Bank Indonesia deputy governor Budi Mulya was sentenced to 10 years in jail for corruption, the latest high-profile conviction that shows how policy making in Southeast Asia’s biggest economy is undermined by graft. Mulya was handed a 500 ...

Hedge fund plans American Apparel future without ex-CEO Charney

July 17th, 2014 (0)
Standard General, a little-known hedge fund that has taken the reins of American Apparel, has mapped out a recovery plan for the retailer with or without its ousted Chief Executive Officer Dov Charney. The fund invests in companies that ...

G20 must shape a new world trade regime

July 17th, 2014 (0)
Over the past decade global trade and investment discussions have moved far away from the formal global trade regime. The multilateral system has been mired in the Doha Development Round — defined by a single undertaking and a fixed ...

MP Andrew Mitchell invested in scheme HMRC says avoided tax

July 17th, 2014 (0)
Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC. Tax collectors say the scheme’s investors can expect to receive big tax bills in the coming ...

Global airline CEOs upbeat on revenue growth prospects: survey

July 17th, 2014 (0)
Airlines are confident that their industry will boost revenue over the next year and consider joint ventures a more viable growth driver than mergers, a PricewaterhouseCoopers survey of nearly 40 chief executive officers at carriers worldwide finds. The report ...

South Africa’s Davis Committee Proposes Tax Reforms For SMEs

July 16th, 2014 (0)
The Davis Tax Committee (DTC), which was set up by the South African Ministry of Finance in July 2013 to make recommendations for possible tax reforms, has issued an updated report for public comment, covering issues regarding the taxation ...

Hedge-Fund Boutiques Show Dubai Nurturing Oasis Trading: Cities

July 16th, 2014 (0)
When Ahmad Zuaiter started a frontier-markets hedge fund, the former Soros Fund Management LLC money manager chose Dubai over New York and London. Zuaiter’s Jadara Capital Partners LP and VY Capital Management Co. Ltd. opened in the emirate in ...

BofA Merrill Lynch: Survey finds global investors positioning aggressively for recovery in H2 2014

July 16th, 2014 (0)
A net 61 per cent of global asset allocators are now overweight equities. This ranks as the survey’s highest reading on this measure since early 2011 and represents the panel’s second-strongest response ever. This aggressive positioning for recovery in ...
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