Search Results for: EC
BNP Case Shows French Companies Learn U.S. Law Hard Way
May 22nd, 2014
Some French companies have been slow to learn that doing business in the U.S. means obeying its laws. U.S. authorities are seeking a record fine against BNP Paribas SA (BNP) that would make it the first French bank since ...
European Stock-Index Futures Advance After Fed Minutes
May 22nd, 2014
European stock-index futures climbed, indicating equities may rise a second day, as minutes from the latest Federal Reserve meeting showed policy makers expect the inflation rate to remain below their target, and as Chinese manufacturing data beat estimates. U.S. ...
EUR/AUD Daily Outlook
May 22nd, 2014
Intraday bias in EUR/AUD remains neutral for the moment. he bullish convergence conditions in 4 hours and daily MACD started to argue that a bottom is already in place. And, the correction from 1.5831 might have completed a five ...
EUR/JPY Daily Outlook
May 22nd, 2014
With 139.87 minor resistance intact, deeper decline is still expected in EUR/JPY. Consolidation pattern from 145.68 is in the third leg and current fall should target 136.22 support. However, break of 139.87 will dampen this immediate bearish view and ...
GBP/JPY Daily Outlook
May 22nd, 2014
GBP/JPY rebounded strongly ahead of 169.50 support and intraday bias is turned neutral first. Overall outlook is unchanged. price actions from 174.84 are viewed as a consolidation pattern. In case of another rise, strong resistance should be seen form ...
JPMorgan’s Problem of “Sons and Daughters” program is widely practice
May 22nd, 2014
The long investigation of JPMorgan’s hiring practices in China has reached a milestone: A Hong Kong anti-corruption organization has formally arrested Fang Fang, the bank’s former vice president of investment banking in Asia. Fang Fang, who has been released ...
Sugar futures fall 0.73 per cent on sluggish demand
May 21st, 2014
Sugar prices drifted by 0.73 per cent to Rs 3,008 per quintal in futures trade today as speculators reduced positions due to sluggish demand in the spot market against higher supplies. However, a likely drop in output restricted the ...
ICAS: ‘Shouty’ tax debate over Scottish tax system
May 21st, 2014
The level of discourse around tax has done little to help inform voters, ICAS has noted, alongside the release of its paper discussing key tax and spending numbers at the centre of the independence debate. Scotland’s Tax Future; Taxes ...
BNP Falls as U.S. Probe Said to Cost More Than $5 Billion
May 21st, 2014
BNP Paribas SA (BNP), France’s largest bank, fell to a seven-month low in Paris on concern U.S. authorities will seek more than $5 billion from the lender to settle a probe into alleged violations of U.S. sanctions. The stock ...
Low on taxes, high on risk-aversion
May 21st, 2014
High quality global journalism requires investment. Zurich, the world’s private banking capital, is not just luring in old money. Ambitious founders are making Switzerland’s largest city their base – albeit away from the pretty, but expensive, old town. The ...
