Search Results for: EC
USD/JPY erodes resistance at 104
April 3rd, 2014
Pair’s Outlook As USD/JPY approached 104, the rate of the U.S. Dollar’s appreciation slowed down. However, the currency pair still retains the potential to surpass the 2013 highs, even though the technical studies in the near term do not ...
Asian Stocks Rise on Stimulus as Oil Drops With Copper
April 3rd, 2014
Asian stocks rose for a seventh day in the longest rally this year as the Japanese yen reached a two-month low and China’s government announced stimulus measures. European equity index futures, copper and oil fell. The MSCI Asia Pacific ...
Credit Suisse Restates Fourth-Quarter Loss on U.S. Tax Provision
April 3rd, 2014
Credit Suisse Group (CSGN) AG, the second-biggest Swiss bank, restated its fourth-quarter loss after taking additional provisions related to the U.S. probe into whether the bank helped Americans evade taxes. The net loss amounted to 476 million Swiss francs ...
Kyriacos Kyriacou, CEO of Valutrades CY Ltd
April 2nd, 2014
When did Valutrades CY Ltd obtain the provisional licence from the Cyprus Securities and Exchange Commission (CySec)? Valutrades CY Ltd has successfully obtained the provisional licence from CySec on April 17, 2013. 2. For which reason did the company ...
Sheryl Sandberg slashes Facebook holdings
April 2nd, 2014
Sheryl Sandberg, Facebook’s number two executive, has shed more than half her stake in the social networking company since its initial public offering less than two years ago, according to an analysis of recent regulatory filings. The series of ...
Pension Accounting Standard Stays on Course: GASB
April 2nd, 2014
The implementation of a pension accounting standard for state and local governments is still on schedule, after the Governmental Accounting Standards Board (GASB) last week decided not to delay the timetable of when the new pension guidelines take effect. ...
R&D Tax Credit Can Help High-Growth Companies
April 2nd, 2014
As a company grows, execs should be aware that changes in the firm’s legal structure can affect its R&D credit. In 2010, U.S. businesses reported research and development tax credits exceeding $8.5 billion. Therefore, it’s not surprising that a ...
Ukraine crisis: NATO suspends cooperation with Moscow
April 2nd, 2014
NATO will suspend “all practical civilian and military cooperation” with Russia because of its annexation of Crimea, saying it has seen no sign that Moscow was withdrawing troops from the Ukrainian border. Foreign ministers from the 28 members of ...
Multinationals’ tax affairs “hurting” growth and investment
April 2nd, 2014
RULES designed to protect multinational companies from double taxation are allowing them to either greatly reduce or eliminate their tax rates in many countries, an OECD report to the G20 has found. The study shows multinationals frequently pay rates ...
ACCA research disputes corporate tax base erosion
April 2nd, 2014
RESEARCH commissioned by ACCA has found “extensive evidence” that the corporate income tax system is not broken, and is not being eroded. The paper, produced by Australia’s RMIT University School of Economics, Finance and Marketing, asserted that there is ...
