Search Results for: FIS
FMQ breaks $15 trillion
January 9th, 2017
Since August 2014, bank reserves at the Fed have fallen by $646.6bn, while the sum of cash, checking accounts and deposits held by the public has risen by $1990bn. The fiat money quantityi has now breached the $15 trillion ...
Asian shares mixed as investors consider latest Fed minutes
January 5th, 2017
Asian shares mixed as investors consider latest Fed minutes Asian stock indexes were mixed Thursday as investors assessed the latest Federal Reserve board’s meeting minutes. Japanese shares slipped as the yen strengthened against the dollar. KEEPING SCORE: Japan’s benchmark ...
The dollar stepped further away from a 14-year peak against a basket of currencies
January 5th, 2017
The dollar stepped further away from a 14-year peak against a basket of currencies on Thursday, as investors locked in gains from its two-month-old rally after Donald Trump won the U.S. presidential election. The dollar had soared on Trump’s ...
Blockchain shows great promise to improve accounting issues
December 29th, 2016
While blockchain tech is poised to disrupt a wide variety of industries, it is also poised to dramatically impact those professions that serve all industries. One area that appears primed for massive change is the accounting field. Here, the ...
Spain aims to raise 500 million euros from new environmental taxes
December 28th, 2016
Spain wants to raise 500 million euros ($528 million) from new environmental taxes as part of a package of fiscal measures to meet the European Union‘s budget deficit goals. The new environmental taxes are part of the revised budgetary ...
Mauritius Rejects ‘Tax Haven’ Label
December 27th, 2016
On December 16, Mauritius’s Financial Services Commission (FSC) and the Financial Services Promotion Agency (FSPA) condemned a Oxfam policy paper labeling Mauritius a tax haven. The FSC and FSPA pointed out that it is unfounded to claim that Mauritius ...
Outlook for 2017
December 26th, 2016
We exit 2016 on a tide of investor optimism. At long last, there will be a businessman in charge of the US economy in the form of a new president, and the stimulation he will provide is of tax ...
Former BlackRock Manager sentenced to 12 months imprisonment for insider dealing
December 22nd, 2016
In a prosecution brought by the Financial Conduct Authority (FCA) Mark Lyttleton, a former Equity Portfolio Manager at BlackRock Investment Management (UK) Limited, has today been sentenced to 18 months reduced with credit to 12 months on two counts ...
SEC Charges Three Individuals and Broker-Dealer With Violating Market Structure Rules
December 19th, 2016
The Securities and Exchange Commission today announced settled cease-and-desist proceedings against the CEO of a Utah-based broker-dealer and two registered persons associated with the firm for causing the firm’s violations of SEC market structure rules, and contested administrative and ...
Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day
December 19th, 2016
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as heightened geopolitical tensions over China’s seizure of a U.S. naval ...
