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No Longer Business as Usual in China

November 10th, 2014 (0)
With heads of state and corporate chieftains in Beijing for a major economic summit meeting this week, China’s increasing economic nationalism is expected to be heavily debated. China is changing the rule book for business, forcing multinational companies to ...

Interview with Benoît Cœuré, ECB

November 10th, 2014 (1)
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ECB’s targeted longer-term refinancing operations (TLTROs) lower than expected? There ...

MIA and ACCA sign Agreement

November 10th, 2014 (0)
The Malaysian Institute of Accountants (MIA) and ACCA (the Association of Chartered Certified Accountants) signed a Memorandum of Understanding (MoU), which will result in them working together to develop the profession in Malaysia and the wider region. Through this ...

Ireland Vies to Remain Silicon Valley’s Low-Tax Home Away From Home

November 10th, 2014 (0)
In a sprawling conference center on the outskirts of the Irish capital, more than 20,000 people from the global tech industry gathered last week to sign deals and swap contacts. Despite the throngs of start-ups, American heavy hitters like ...

Brothers slammed for forex ‘gamble’

November 10th, 2014 (0)
Two financial advisers and a company of which they are both directors have been ordered to repay a couple who lost more than R700 000, because they invested most of their savings – including the proceeds from the sale ...

Singapore Returns Up to $9 Billion to Banks in Rate Probe

November 7th, 2014 (0)
Singapore’s central bank gave back as much as S$12 billion ($9.3 billion) that it took from 19 lenders last year as a penalty for trying to manipulate benchmark interest rates. The banks have taken steps to prevent a recurrence ...

Lame Duck Congress Likely to Pass Tax Extenders

November 7th, 2014 (0)
A panel of Congressional staffers was unanimously optimistic Thursday morning that the lame-duck Congress would pass a package of “extenders,” including ones that would preserve tax breaks for research and development investments and purchases of equipment. Summing up the ...

BofA Executive’s Job Said Held Up by Deutsche Bank Probe

November 6th, 2014 (0)
Deutsche Bank AG (DBK)’s examination of how employees handled deals with the world’s oldest lender is preventing Michele Foresti from starting his new job at Bank of America Corp. (BAC), according to three people briefed on the matter. Foresti, who ...

China October HSBC Services PMI Falls to 52.9, Three-Month Low

November 5th, 2014 (0)
Growth in China’s services sector weakened further in October as new business cooled, a private survey showed on Wednesday, reinforcing signs of a gradual economic slowdown that could prod the government to unveil fresh stimulus measures. The services purchasing ...

AMF publishes draft recommendation on quarterly and interim financial disclosure

November 5th, 2014 (0)
In anticipation of the transposition of the revised Transparency Directive into national law, the AMF is publishing a draft recommendation to accompany the abolition in 2015 of the obligation to produce quarterly financial information. The revised Transparency Directive (2013/50/EU) ...
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