Search Results for: Big Four
Brent drops towards five-year low near $57, supply glut weighs
December 30th, 2014
Brent oil extended losses into a fourth session on Tuesday, with prices hovering close to a more than five-year low above $57 per barrel, as persistent worries about a global supply glut offset concerns about output disruptions in Libyan. ...
5 Worst Performing Markets of 2014
December 29th, 2014
These indices have been hit hard by headwinds over the past 12 months, resulting in losses for investors. What does the future hold for these five indices? MSCI Russia Russian corporates this has been a terrible year, though it ...
Euro Is 0.3% From Two-Year Low Before Greek Ballot; Aussie Gains
December 29th, 2014
The euro traded 0.3 percent from a two-year low as Greece’s prime minister attempts to get his presidential candidate confirmed and avoid an early parliamentary election that risks severing the nation’s international lifeline. Australia’s dollar rose for a fourth ...
Billionaire Kwok Gets 5 Years Jail in Hong Kong Corruption Trial
December 23rd, 2014
Thomas Kwok, the billionaire former Sun Hung Kai Properties Ltd. co-chairman, was sentenced to five years in jail and fined HK$500,000 ($64,460) for conspiring to corrupt Hong Kong’s No. 2 official. Rafael Hui, 66, the city’s chief secretary from 2005 ...
Audit and assurance for SMEs
December 22nd, 2014
While regulators are lifting the audit thresholds around the world, SMEs still see the access to funding as a challenge. This raises the issue of the value of assurance services for SMEs and the role of accountants in offering, ...
Emerging market fixed-income and FX markets
December 19th, 2014
Emerging market fixed-income and FX markets are poised for a third year of volatility because of a slowing China, strengthening dollar, lower oil prices, the prospect of a US rate hike, and the shortage of investable high yielders, as ...
Dollar Gauge 0.1% From Five-Year High After Fed as Won Slides
December 18th, 2014
A gauge of the dollar was 0.1 percent from a five-year high amid speculation the Federal Reserve will raise interest rates next year after removing a pledge to keep them low for a “considerable time.” The U.S. currency matched ...
Yen Gauge Rises to Five-Week High on Haven Bid; Rupiah Declines
December 16th, 2014
A gauge of the yen climbed to a five-week high as investors sought a haven after crude oil slumped and Russia raised interest rates. Australia’s dollar touched the lowest level in more than four years against the greenback after ...
Yen Climbs After Election; Aussie Near Low on Iron Prices
December 15th, 2014
Australia’s dollar fell to the lowest since June 2010 and the nation’s bonds rallied as commodities slumped and people were taken hostage in a cafe in Sydney’s financial district. The Aussie weakened against most of its 16 major peers ...
Dollar Snaps 3-Day Skid on Gains in Retail Sales; Krone Declines
December 12th, 2014
The dollar snapped a three-day skid after U.S. retail sales climbed the most in eight months, further evidence of a strengthening economy as the Federal Reserve considers its first interest-rate increase since 2006. The greenback gained versus most major ...
