Search Results for: EU
Gold Under Pressure, Testing Support at $1300
August 18th, 2014
Gold is flat on Monday, continuing to show little activity as we start the new week. The spot price stands at $1302.67 per ounce in the European session. There is only one US release on Monday, NAHB Housing Market ...
HKEx Launches the Application Service Provider Programme
August 18th, 2014
HKEx launches the Application Service Provider Programme and offers the possibility to Exchange Participants (EPs) and investors to connect to HKEx’s markets. Hong Kong Exchanges and Clearing Limited (HKEx) announced last week the establishment of a framework to support Application ...
Apache discovers oil in Northwestern Australia
August 18th, 2014
US energy firm Apache on Monday announced an oil discovery off northwestern Australia which it said could potentially represent a new oil province for the country. The find at the Phoenix South-1 well is the first for Apache Energy ...
Expo Milano 2015 Tax Breaks Announced
August 18th, 2014
In advance of the next Universal Exposition, which will be held from May 1 to October 31, 2015, in Milan, the Italian Revenue Agency has issued details of favorable tax treatment for Expo Milano 2015 participants. Within an agreement ...
Serious Fraud Office probes banks’ loan schemes
August 18th, 2014
The Serious Fraud Office is looking into allegations of high street banks misusing government schemes designed to boost lending to small businesses, the Times reported on Sunday. The Times reported that the UK’s main anti-fraud agency is investigating banks’ ...
Carney’s Committee Diverges on Wage-Growth Confusion
August 18th, 2014
Mark Carney’s focus on weak wages to keep record-low borrowing costs is up against one key foe: the strongest economic growth in the Group of Seven. Minutes of the Monetary Policy Committee’s July meeting this week will show how ...
Bank Overseer PwC Faces Penalty and Sidelining of Regulatory Consulting Unit
August 18th, 2014
The giant consulting firm PricewaterhouseCoopers occupies a position of trust on Wall Street, acting as a shadow regulator of sorts that promises the government an impartial look inside the world’s biggest banks. But the firm – hired and paid ...
Deepening Gloom in Australia Poses Challenge to RBA
August 18th, 2014
A deepening gloom across the largest developed economy to escape recession during the global financial crisis is shaping up as one of the toughest challenges yet for Reserve Bank of Australia chief Glenn Stevens. While policy makers from the ...
Mercedes violates anti-monopoly law in China
August 18th, 2014
China’s government said Monday it has concluded Mercedes-Benz violated anti-monopoly law and charged excessive prices for parts, adding to a growing number of global automakers snared in an investigation of the industry. Regulators found the luxury unit of Germany’s ...
Asia shares up after Wall St recovers from Ukraine-driven slide
August 18th, 2014
Asian stocks stalled and the dollar sagged against the safe-haven yen on Monday, as another bout of tensions in the Ukrainian conflict sapped investor confidence. Spreadbetters are picking European shares, which already had a chance on Friday to absorb ...
