Search Results for: Australia
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
Aussie Parity With Kiwi Seen as Rates Diverge
July 29th, 2014
Australia’s dollar is set to weaken to parity with its New Zealand peer for the first time, HSBC Holdings Plc predicts, as contrasting economic fortunes force a widening of the gap in interest rates. The top panel of the ...
Technical Analysis AUD/USD – Retreats below 0.9425
July 28th, 2014
Technical Analysis AUD/USD for Monday, July 28, 2014 The Australian dollar is trading in a small range just below 0.9400 after reaching a three week high just shy of 0.9480 towards the end of last week. During the middle of ...
Wal-Mart U.S. CEO Bill Simon steps down
July 24th, 2014
Wal-Mart said Thursday that Greg Foran will replace Bill Simon as its U.S. CEO. Simon has been in the role since June 2010 and will leave the company. Wal-mart’s stock was down just under 1% to $76.30 in pre-market ...
McDonald’s Growth Troubles Don’t Go Down Well With Analysts
July 24th, 2014
As McDonald’s Corporation (NYSE:MCD) continued to see its sales suffer in main markets such as the U.S., Germany, Japan and Australia, market analysts downgraded the fast-food giant’s stock on Wednesday, after the Illinois-based company posted a disappointing second-quarter profit, ...
OECD Releases New Tax Info Exchange Standard
July 23rd, 2014
The Organisation for Economic Cooperation and Development (OECD) on July 21, 2014, released its new global Standard for Automatic Exchange of Financial Account Information in Tax Matters, hailing the move as another important step towards greater tax transparency and ...
The Real Reason Banks Don’t Like Bitcoin
July 22nd, 2014
Banks are reluctant to work with bitcoin, that fact has been well known in the community for some time. Until now, though, few concrete reasons have been given as to why. New statements from a senior banking practitioner in ...
ASIC acts on licensees failing to lodge annual statements
July 22nd, 2014
A proactive ASIC review of Australian financial services (AFS) licensees that failed to lodge audited annual statements has led to ASIC cancelling eight AFS licences. ASIC reviewed the conduct of 72 AFS licensees operating in the financial advice industry ...
Hong Kong Leads Asian Equities Higher
July 22nd, 2014
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...
Europe Stocks Fall With Russia, Commodites; Rupiah Gains
July 21st, 2014
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...
