Search Results for: CIF
Asia Stocks Jump With Won After Weak U.S. Data; Glencore Surges
October 5th, 2015
Odds of 2015 liftoff pared as U.S. payrolls trail estimates Copper leads metals, commodities higher; China still closed Asian stocks jumped with emerging-market currencies and commodities after U.S.employment and factory reports came in well below estimates, undermining the case ...
The FMA publishes first annual report under the new regulatory regime
October 2nd, 2015
The Financial Markets Authority (FMA) 2015 annual report marks a turning point for the FMA and for New Zealand’s financial markets. This is the first report published under the fully implemented Financial Markets Conduct (FMC) Act and highlights activity ...
How the Big Four have returned to consulting with a bang
October 2nd, 2015
Whether by acquisition, organic growth or the recruitment of experienced hires, the Big Four have established consultancy groups that singly and collectively are a force to be reckoned with. According to analyst firm Gartner, spending on management consultancy services increased ...
Europol: Bitcoin May Become Sole Currency for EU Cybercriminals
October 2nd, 2015
Europol has said in a new report that it believes bitcoin could become the go-to currency for digital criminals in the region. The European Union’s top law enforcement agency released its Internet Organised Crime Threat Assessment for 2015 on 30th September, ...
CFTC Orders Deutsche Bank AG to Pay a $2.5 Million Civil Monetary Penalty
October 2nd, 2015
CFTC Orders Deutsche Bank AG to Pay a $2.5 Million Civil Monetary Penalty for Swaps Reporting Violations and Related Supervision Failures CFTC Finds that Deutsche Bank Did Not Diligently Address and Correct Errors until after Bank Was Notified of ...
“Bitcoin’s PayPal” : Why the Cryptocurrency Is Not a Good Payment Mechanism
September 30th, 2015
Leading Bitcoin startup BitPay is cutting costs, suggesting that the currency won’t be catching on soon. In 2014, a Bitcoin startup called BitPay raised $30 million from investors and was dubbed the “PayPal of Bitcoin” for helping companies such as Microsoft ...
Euro area annual inflation down to -0.1%
September 30th, 2015
Euro area annual inflation is expected to be -0.1% in September 2015, down from 0.1% in August 2015, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro ...
Should you fear a ‘Glencore’ moment?
September 29th, 2015
Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world’s largest resource companies, is unable to control its skyrocketing debt load. Hong Kong-listed shares of the Anglo–Swiss commodity ...
Modernising VAT for cross-border e-commerce: Commission launches public consultation
September 29th, 2015
The European Commission has launched a public consultation to help identify ways to simplify the Value-Added Tax (VAT) payments on cross-border e-commerce transactions in the EU. The Commission is seeking to receive a wide range of views from business owners and ...
Asian markets fall as new fears raised over China’s economy
September 29th, 2015
Tokyo and Shanghai main indexes fall after sharp losses the day before on Wall Street Concern over the health of the Chinese economy has again struck Asian markets, with shares in the region plummeting to their lowest level for ...