Search Results for: GAIN Capital
Cyprus, Ukraine Agree To Replace Temporary DTA
December 15th, 2015
Cyprus and Ukraine have agreed the text of a double tax agreement that will likely replace their existing pact from January 1, 2019. The deal will newly include a most favored nation (MFN) clause for taxes on interest, dividends, ...
Greece: Market concerned about gov’t stability
December 14th, 2015
The government and the country’s international creditors have reached an agreement on the second list of 13 milestones that will lead to the disbursement of the sub-tranche of 1 billion euros by the end of the year. In addition, ...
Alibaba agrees on $266 million acquisition deal with South China Morning Post
December 14th, 2015
Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd (0583.HK), a deal that has raised a question over the outlook for ...
Yuan in Biggest Weekly Drop Since Devaluation as PBOC Eases Grip
December 11th, 2015
Central bank may enter market again after Fed decision: OCBC Yuan weakness trend is inevitable, according to Commerzbank The yuan recorded its biggest weekly drop since an August devaluation on speculation China’s central bank is taking advantage of a stronger ...
JPMorgan Said to Win Relief in SEC Case on Sale of Its Own Funds
December 10th, 2015
Bank to get consent to continue raising money for hedge funds SEC, CFTC may announce settlements with bank as soon as Friday JPMorgan Chase & Co. is close to settling cases that threatened to bar the bank from raising ...
KPMG International announced today aggregated network revenues of US$24.44 billion
December 10th, 2015
Investments in new services and innovation drive KPMG growth Investments in new services, acquisitions and strong growth across core services drive fiscal year (FY) revenues of US$24.44 billion Multi-year, US$1billion investment program in data and analytics (D&A) and new ...
Citi: Seven warnings signs for stocks in 2016
December 10th, 2015
Wall Street has tamped down stock market expectations in 2016 for a variety of reasons. Less accommodative monetary policy, slow growth and geopolitical concerns only get the ball rolling. There’s a whole slew of reasons why the year ahead ...
Egyptian pound steady at forex auction, dips on black market
December 9th, 2015
Central bank surprised markets when it strengthened the pound on November 11 by 20 piastres against the dollar The Egyptian pound held steady at an official foreign currency auction on Tuesday and weakened slightly on the black market Egypt, ...
Asian stock markets end lower; economic data in focus
December 9th, 2015
Asian equities ended lower on Wednesday as major markets such as Japan and China released economic data. Oil prices also ticked up during Asian trading session after closing near six-year lows overnight. The U.S. West Texas Intermediate (WTI) crude futures were ...
Investors Keep Pulling Cash Out of Turkey
December 8th, 2015
Foreign investors withdrew $7.6 billion from stocks, bonds Capital Economics sees lira, bonds extending declines Foreign investors look set to keep pulling their money out of Turkey after dumping a record amount of stocks and bonds this year. Investors from ...
