Search Results for: Bill Gross
Jack Ma, ‘capital-lite’ model impress at Alibaba’s Boston IPO event
September 10th, 2014
Alibaba Group Holding Ltd has two major things going for it as it prepares for an initial public offering that could raise more than $21 billion: founder Jack Ma and a “capital-lite” business model. While corporate governance remains a ...
Australia 200 – Falls Sharply from Resistance at 5650
September 8th, 2014
Australia 200 for Monday, September 8, 2014 For the last couple of weeks the Australian 200 Index has traded in a narrow range between 5600 and 5650 although it enjoyed a small excursion when it surged higher to achieve ...
China to Overtake USA by 2024
September 8th, 2014
China is set to overtake the U.S. as the world’s largest economy in U.S. dollar terms over the next decade, according to a new report by IHS Economics. IHS measured the size of China’s economy in U.S. dollar terms, ...
Australia 200 – Eases Away from Multi Year High Under 5650
September 5th, 2014
Australia 200 for Friday, September 5, 2014 After spending the last week consolidating and trading in a very narrow range right around 5620, the Australian 200 Index has surged higher again to achieve a new multi-year high around 5660, ...
Alibaba revenue soars ahead of IPO
August 28th, 2014
Alibaba Group Holding Ltd’s revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company’s financials before its expected landmark market debut. ...
BofA Tax Set-Aside and Wylys Penalty
August 25th, 2014
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt — a step taken by the Justice Department to give homeowners relief that ...
Chinese state-owned enterprise investment in Australia
August 25th, 2014
As the negotiation of the Australia–China Free Trade Agreement (FTA) moves into what is hopefully its final phase, there is intense focus on how the investment chapter of the FTA will treat the access of Chinese state-owned enterprises to ...
Samsung Told by Tax Man to Use Apple-Topping Cash: Korea Markets
August 21st, 2014
Samsung Electronics Co. is sitting on a cash pile 58% bigger than Apple Inc. (AAPL)’s war chest. The tax man has a message for South Korea’s biggest company: “Use it or lose it.” The government of President Park Geun ...
Germans selling 2-year govt. notes with 0% yield
August 20th, 2014
Germany is planning on issuing $6.7 billion in two-year government notes, known as Schatz, that will pay nothing in interest, according to the Wall Street Journal. While this is great news for German taxpayers — the government will pay ...
China loosens monetary policy
August 11th, 2014
China loosened monetary conditions last quarter at the fastest pace in almost two years, a Bloomberg LP gauge showed, testing the waning effectiveness of credit in supporting economic growth. Bloomberg’s new China Monetary Conditions Index — a weighted average ...
