Search Results for: EY
Russian central bank, finance ministry agree on banking rules for state firms
July 10th, 2014
Russian state companies, the backbone of the economy, can only have accounts at banks with capital of no less than 10 billion rubles ($296 million) or at those with ties to the government, a senior finance ministry official said ...
Argentina’s Sovereign Bondage
July 10th, 2014
Sovereign debt has been back in the news recently, this time because of a United States Supreme Court ruling concerning Argentine debt. As a result of the ruling, a complicated issue is likely to become even more so. Sovereign ...
US Taxpayers Warn Against Myopic Tax Reform Measures
July 10th, 2014
On July 8, the Taxpayers Protection Alliance (TPA) led a coalition of 13 organizations in sending a letter to the Chairmen and Ranking Members of the House of Representatives Ways and Means Committee and the Senate Finance Committee urging ...
Google to create European venture capital arm
July 10th, 2014
Google is creating a European arm to its venture capital vehicle, as the internet group seeks to tap into the ideas and money being generated by the continent’s emerging start ups. Google Ventures, which has previously focused its investments ...
West TX Oil Near $102 on Gasoline Supply
July 10th, 2014
West Texas Intermediate fell for a 10th day, the longest losing streak on record, after government data showed U.S. gasoline stockpiles expanded amid reduced demand in the world’s biggest oil user. Brent dropped in London. Futures declined as much ...
Asian stocks Mixed after China Trade Data
July 10th, 2014
Asian stocks outside Japan rebounded as China’s trade expanded, while the U.S. oil benchmark-contract slipped toward a record losing streak. European index futures were flat and gold was near a 3 1/2-month high. The MSCI Asia Pacific excluding Japan ...
U.S. Dollar Falls after Lack of Fed Guidance
July 10th, 2014
The dollar fell the most in more than a week as minutes from the Federal Reserve’s last meeting failed to provide additional insight on the pace of interest-rate increases next year. The euro gained for a third day versus ...
Technical Analysis Gold – Returns to Short Term Resistance Around $1330
July 10th, 2014
Technical Analysis Gold for Thursday, July 10, 2014 In recent hours gold has made another attempt to push higher back up toward the resistance area around $1330 before easing off slightly. After pushing higher to a three month high ...
Commerzbank may pay $600 million-$800 million to settle U.S. probe
July 10th, 2014
German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said. The penalty, previously reported to ...
Technical Analysis Australia 200 – Continues to Retreat Under 5500
July 10th, 2014
Technical Analysis Australia 200 for Thursday, July 10, 2014 The question of whether or not the Australia 200 Index be able to maintain its break through the key resistance level at 5500 was answered a couple of days ago ...
