Search Results for: FIS
Government to announce curbs on gold import very soon: Sources
November 18th, 2014
In the wake of surge in gold imports, the government would soon impose some curbs on the inward shipment of the metal to prevent current account deficit (CAD) from going out of hand. “Things are being worked out by the Finance Ministry and ...
Weidmann: “Government bond purchases harbour major moral hazard”
November 18th, 2014
Bundesbank President Jens Weidmann has spoken out against possible plans to expand the Eurosystem’s balance sheet by way of government bond purchases on the part of the euro-area central banks. “Such purchases might create new incentives to run up debt, ...
Draghi Says ECB Measures Could Include Buying Government Bonds
November 18th, 2014
Mario Draghi has explicitly cited government-bond buying as a policy tool officials could use to stimulate the economy should the outlook worsen. “Unconventional measures might entail the purchase of a variety of assets, one of which is sovereign bonds,” the ...
Moody’s: Cyprus Government Bond Upgraded to B3
November 17th, 2014
Moody’s Investors Service has upgraded Cyprus’ government bond rating to B3 from its previous rating of Caa3. The rating agency has also changed the outlook on the government bond rating to stable from positive and affirmed Cyprus’ Not-Prime (NP) ...
G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy
November 17th, 2014
Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession. Citing risks from financial markets and geopolitical ...
Hong Kong, US Sign FATCA Agreement
November 14th, 2014
On November 13, Hong Kong and the United States signed an inter-governmental agreement (IGA), the substantive terms of which were agreed in May this year, and which will facilitate compliance with the US Foreign Account Tax Compliance Act (FATCA) ...
Bubble Bobble – blowing and bursting bubbles
November 14th, 2014
Those of you that grew up in the mid 80’s might remember the pre-internet/smartphone era when playing electronic games involved leaving your home and physically going to an amusement park or arcade. This usually meant having to put metal ...
Technical Analysis: Currency pairs – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 EUR/USD pair still moving sideways and a break to this triangle chart pattern will be soon. A break higher than 1.252 will bring a heavy buy and a break under 1.24 level will target ...
HMRC letters warning of £1m fines hit tax firms
November 12th, 2014
The first batch of avoidance experts who could be both publicly denounced by HM Revenue & Customs and forced to reveal their clients’ names has been written to by the tax department. The advisers, who HMRC regards as potentially ...
Apple must face U.S. lawsuit over vanishing iPhone text messages
November 12th, 2014
Apple Inc (AAPL.O) was ordered to face a U.S. federal lawsuit claiming it failed to tell consumers that its messaging system would block them from receiving text messages if they switched to Android-based smartphones from iPhones. U.S. District Judge Lucy Koh ...
