Search Results for: EC
BaFin update regarding whistleblowers protection
January 3rd, 2017
BaFin, the Federal Financial Supervisory Authority of Germany, has issued an announcement to inform in relation to whistleblowers protection. According the announcement, whistleblowers can report information on BaFin electronic message system with absolute anonymity and Bafin can get in ...
Taiwan’s VAT on foreign online sellers’ supplies to Taiwanese consumers becomes Law
January 3rd, 2017
On December 28, Taiwan’s President Tsai Ing-wen signed into law the amendment to the Value-Added and Non-Value-Added Business Tax Act to impose tax on foreign online sellers’ supplies to Taiwanese consumers. The amendment is intended to raise additional revenues ...
Oil prices rise as markets eye OPEC, non-OPEC production cuts
January 3rd, 2017
Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining a global supply glut. International ...
China going cashless thanks to fintech boom
December 30th, 2016
Standing in line at a Starbucks in downtown Shenzhen, I suddenly realize that no one in front of me is paying with cash. They aren’t paying by credit card either. In fact, I can’t see a single customer holding a wallet or a ...
Euro Climbs Along With Oil as Japan Stocks Decline: Markets Wrap
December 30th, 2016
European currency spiked as much as 1.6% versus greenback Crude climbed after first daily decline in nine days The euro spiked higher as the dollar weakened for a second day and oil advanced in thin end-of-year trading. Japan’s Topix ...
Friday, December 30: OSB Commodities & Equity Indices Cheat Sheet & Key Levels
December 30th, 2016
OSB Commodities & Equity Indices Cheat Sheet & Key Levels for December 30. Gold Open 1143.10, High 1160.60, Low 1142.60, Close 1158.10, 1.51% Changed. Silver Open 16.08, High 16.31 … View table below
Friday, December 30: OSB G10 Currency Pairs Cheat Sheet & Key Levels
December 30th, 2016
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for December 30. EURUSD Open 1.0414, High 1.0493, Low 1.0408, Close 1.0487, 0.72% Change. GBPUSD Open 1.2228 High 1.2274 … View table below
When Assets (Such as Real Estate) Become Liabilities
December 29th, 2016
It will be the middle class that accepted the notion that “real estate is the foundation of family wealth” that will be stripmined by higher taxes on immobile assets such as real estate. Correspondent Joel M. submitted an article ...
The decline in global forex trading
December 29th, 2016
Few surveys chart financial history and the changing structure and activities in financial markets as well as the Bank for International Settlements’ Triennial Central Bank Survey of foreign exchange and over-the-counter derivatives. The 2016 Triennial survey covers the period ...
Japan’s stagnant economy sees daylight ahead
December 29th, 2016
Factory output data released by Japan’s trade ministry shows signs of economic recovery after decades of stagnation. Industrial production grew by 1.5 percent this month over November, slightly below the 1.6 percent predicted by experts. The figure followed a ...
