Deutsche Bank boosts finances with new capital
May 19th, 2014
Deutsche Bank AG says raising 8 billion euros ($11 billion) in new capital from investors will strengthen its finances as it faces tighter regulation and uncertain costs from litigation. Co-CEO Anshu Jain told analysts Monday that the fresh capital ...
Vodafone’s ‘unpaid tax’
May 19th, 2014
Activism Group UK Uncut has issued a warning to the UK’s largest telecoms company Vodafone over allegedly unpaid corporation tax. The group claims it has “had enough” of the government “sheltering tax-dodging companies” including, it claims, Vodafone. It is ...
USD/JPY to challenge 101.27/00
May 19th, 2014
Pair’s Outlook USD/JPY remains hesitant to commence a recovery. Instead it is weighed upon by the selling pressure, which forced the currency pair to decline below the 200-day SMA. Still, the immediate support is at 101.27/00 and it may ...
GBP/USD to try to reach 2009 highs
May 19th, 2014
Pair’s Outlook The Pound continues to recover after an encounter with a cluster of supports around 1.6750. This demand area consists of the monthly pivot point, 55-day SMA and the rising trend-line and is therefore unlikely to be breached ...
EUR/USD stays flat
May 19th, 2014
Pair’s Outlook Neither the ceiling at 1.3725 nor the floor at 1.3686 seem to be willing to give in. However, considering that EUR/USD has recently confirmed the major down-trend resistance near 1.3950 and subsequently breached an important up-trend support ...
Gas prices are high…
May 19th, 2014
Rumors about the demise of U.S. gasoline demand have been greatly exaggerated. Until late 2013, most energy observers forecast the world’s most reliably gas-guzzling market to consume less fuel this year. What was once thought to be a structural ...
ASIC to impose licence conditions on two Commonwealth Bank financial planning businesses
May 16th, 2014
The Australian Securities and Investment Commissions (ASIC) has announced that it will impose, by agreement, licence conditions on the Australian financial services licences of two financial planning businesses owned by the Commonwealth Bank of Australia (CBA) – Commonwealth Financial ...
Sustainability Matters
May 16th, 2014
The global accountancy profession has an important role in making organisations more responsible and accountable in the pursuit of sustainable development, says ACCA (the Association of Chartered Certified Accountants) in a new policy paper called Sustainability Matters. The paper ...
Corporate tax rates table
May 16th, 2014
The following table indicates all corporate tax rates in percentage for a number of countries worldwide. Year 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Country % % % % % % % % % % Afghanistan ...
What property investors need to know about the Law of Accumulation
May 16th, 2014
I’ve found that to succeed in property, investors must understand the Law of Accumulation, which states that everything great and worthwhile in life comes about as an accumulation of hundreds, if not thousands, of tiny efforts or sacrifices. This ...
