Search Results for: FIS
Mideast Stocks Fall as Saudi Arabia Mulls Budget Cut on Oil Drop
August 26th, 2015
Dubai’s benchmark gauge is biggest decliner in region Brent crude has dropped almost 60 percent in 12 months Most Middle Eastern stock markets declined amid mounting concern the region’s largest economy will cut spending after oil prices slumped to the ...
Baker & McKenzie announces global revenues of $2.43 billion
August 25th, 2015
Revenues up 2.2% Total productivity hits an all time high – up 5% Record number of partner promotions – over 40% are women Good growth expected in Fiscal Year 2016 Baker & McKenzie, the world’s premier global law firm, ...
Oil Price Collapse Triggers Currency Crisis In Emerging Markets
August 24th, 2015
Emerging market currencies are getting slammed by the collapse in commodity prices, a downturn that has accelerated in recent weeks. The health of many middle-income and emerging market economies has been predicated on relatively strong commodity prices. A whole ...
Why Are So Many People Freaking Out About A Stock Market Crash In The Fall Of 2015?
August 20th, 2015
Is the stock market going to crash by the end of 2015? Of course stock market crashes are already happening in 23 different nations around the planet, but most Americans don’t really care about those markets. The truth is ...
PCAOB Annual Report on Inspections of Broker and Dealer Auditors Continues to Show High Levels of Independence Findings and Audit Deficiencies
August 19th, 2015
The Public Company Accounting Oversight Board issued an annual report PDF on its interim inspection program for auditors of brokers and dealers registered with the Securities and Exchange Commission that identified high levels of independence findings and audit deficiencies, ...
GMO CLICK Group’s Quarterly Financial Report
August 19th, 2015
GMO CLICK Holdings, Inc., a leading online financial service provider in Japan, announced the first quarter financial results for the fiscal year ended March 31, 2016 with revenue of 7.83 billion Yen, up 63.6% from last year. Financial Results ...
Saudi Arabian stocks tumbled entering a so-called death cross
August 18th, 2015
Saudi Stocks Sink Into Death Cross as IMF Sees Growth Slowing Saudi Arabian stocks tumbled, entering a so-called death cross, after the International Monetary Fund said the drop in oil prices may force spending cuts and curtail the kingdom’s ...
IMF Calls For Single VAT Rate In China
August 18th, 2015
The International Monetary Fund has recommended that China introduce a single rate of value-added tax, during recent talks on the rapid progress China is making on fiscal reform. The IMF said China is continuing to make progress on extending ...
Another Monday, Another Batch Of Brutal Numbers
August 17th, 2015
The global recovery meme got another series of jolts this morning, as pretty much everything suprised on the downside. In no particular order: ” Japan economy shrinks in second quarter in setback for ‘Abenomics’ China’s economic ...
Saudi money market turmoil shows bank jitters over bond issues
August 17th, 2015
Longer-term money rates, dollar/riyal forwards surge Banks easily absorb last week’s sovereign bond issue Multi-year issuance programme could be different Official secrecy around bond plans adds to jitters Some see eventual pressure on FX peg, but CDS show no ...
