Search Results for: EC
Japanese Panel Looks For Gradual Corporate Tax Cuts
April 24th, 2014
An early cut in the country’s high corporate tax rate is to be recommended by the study group that was established by the Japanese Government’s Tax Commission to look at corporate tax reform. The study group has recommended that ...
Delinquent IRS employees paid bonuses by the agency
April 23rd, 2014
The IRS was in damage control mode Tuesday after an audit revealed that it paid bonuses to employees who were in trouble over tax issues themselves. More than $2.8 million, plus thousands of hours of paid time-off, were doled ...
USD/JPY bounced off 102.82/72
April 23rd, 2014
Pair’s Outlook The currency pair is currently retreating from the resistance zone consisting of the monthly PP and 100-day SMA. The immediate support is represented by the 20 and 55-day SMAs, but USD/JPY is likely to decline deeper, to ...
Toyota Beats General Motors And Volkswagen In Q1 Sales to Retain Title Of Top-Selling Car Manufacturer
April 23rd, 2014
Toyota Motor Corp. (TYO:7203) sold more cars than any other global car maker in the first quarter of 2014 to retain the title of the world’s top-selling car manufacturer. The Japanese automaker said Wednesday that it sold 2.583 million ...
The First National Bank of Facebook
April 23rd, 2014
The company that rebranded the word “friend” may soon take up a more ambitious makeover: the word “bank.” Facebook Inc. is on the verge of winning approval from Ireland’s central bank to allow its users to store and exchange ...
DIFC Event Discusses Sukuk Oversight
April 23rd, 2014
International standard setter the International Islamic Financial Market (IIFM) recently organized an industry consultative meeting on the standardization of Shari’ah-compliant financial certificates, known as Sukuk. The meeting was hosted by the Dubai International Financial Centre (DIFC). The objective of ...
FCA appoints two new senior advisers focused on competition and investment banking
April 23rd, 2014
The British Financial Conduct Authority (FCA), has issued a press release announcing the appointment of two senior advisers as follows: Martin Wheatley, chief executive of the FCA, said of the appointments: “Both David and Gunner come with impressive experience ...
FX Market Trading and Clearing System Schedule Update
April 23rd, 2014
An updated version of Moscow Exchange”s ASTS FX market trading and clearing system is to come online on 28 April 2014. Testing with the involvement of trading participants will take place on 26 April. The system will be available ...
HMRC to demystify VAT place of supply rule changes
April 23rd, 2014
Freelancers and other VAT-registered providers of internet or broadcasting services to consumers in the EU are being invited to get official guidance on how new rules from January will impact them. In an open invitation to all affected businesses, ...
HKEx Launches First Asian Commodities Contracts
April 23rd, 2014
Hong Kong Exchanges and Clearing Limited (HKEx) has announced that it plans to launch its commodities business with four futures contracts that will be traded in its derivatives market in Hong Kong. HKEx aims to introduce the contracts – ...
