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Swiss bank UBS probed in Germany over alleged tax fraud

September 29th, 2017 (0)
Prosecutors have started an investigation into clients of Swiss bank UBS in Germany suspected of tax evasion. According to Reuters, about 130 prosecutors and tax investigators from the city of Bochum carried out searches of premises, including UBS’ offices. ...

Here’s why the crackdown on bitcoin in China is ‘not a real problem’ for the digital currency

September 20th, 2017 (0)
The cryptocurrency market appears to be unconcerned about a Chinese crackdown on bitcoin, the largest digital coin by market cap. On Thursday reports that Chinese regulators would require exchanges to shut down bitcoin trading triggered a sell-off of nearly ...

U.S. Stocks at Records, dollar fell, euro climbed

September 20th, 2017 (0)
Major U.S equity benchmarks padded all-time highs, the dollar fell and Treasuries edged lower after Donald Trump gave a speech to the United Nations and as the Federal Reserve began a two-day meeting. The S&P 500 Index climbed for ...

PwC UK reported record revenue of £3.60bn for the year ended 30 June 2017

September 18th, 2017 (0)
PwC UK, the professional services firm, has reported record revenue of £3.60bn for the year ended 30 June 2017, up 5% from £3.44bn last year, as the firm continues to invest in people, technology and its regional presence in ...

Stocks Climb in Asia; Yen Falls as Havens Retreat

September 18th, 2017 (0)
Stocks advanced in Asia following a record-breaking Wall Street session, while the yen declined as havens retreated amid optimism the U.S. favors a peaceful resolution to North Korea’s nuclear threats. Futures on the S&P 500 Index rose with equities ...

Deloitte announces record global revenue of US$38.8 billion

September 15th, 2017 (0)
Deloitte Global today reported aggregate member firm revenue of US$38.8 billion for the fiscal year ended 31 May 2017 (FY2017), representing a 7.1 percent revenue increase in local currency terms or a US$2 billion revenue increase and 8.3 percent ...

Oil prices eased on Thursday

September 14th, 2017 (0)
Oil prices eased on Thursday, but held on to most of their gains in the previous session when the market was buoyed by a forecast for firmer global oil demand by the International Energy Agency. London Brent crude for ...

Asian equities took another leg higher; Key events to watch this week

September 12th, 2017 (0)
Asian equities took another leg higher after the S&P 500 Index rose to a record high and Treasuries tumbled, with less damage than originally feared from Hurricane Irma supporting the case for a gradually improving U.S. economy. Japan’s Topix ...

Facebook accused of fake audience numbers

September 7th, 2017 (0)
Social-media company tells advertisers it can reach more than 100 million U.S. adults younger than 35, but census only counts 76 million Facebook Inc. claims its ads have the potential to reach more people than recent U.S. census data ...

Low European Union sugar stocks ‘protecting producers’ from world price tumble

September 7th, 2017 (0)
The low level of European Union sugar inventories is seeing the bloc’s producers secure relatively high prices on supply contracts, despite weak world values, and indeed strong European output prospects. Headline market dynamics would appear to suggest the potential ...
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