Search Results for: Global Markets
Regulators suggest firms take deep dive into audit quality
April 11th, 2014
While acknowledging that auditors are under unprecedented scrutiny, an international association of audit regulators is asking audit firms to analyze causes of problems in audits globally in hopes of finding remedies. Lewis Ferguson, chair of the International Forum of ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
Europe Stock Futures Follow Asia Down on Tech; Lira Falls
April 11th, 2014
European index futures and emerging-market currencies slid as a gauge of Asian stocks dropped the most in three weeks amid a selloff in technology shares that’s cut demand for riskier assets. Nickel extended its longest rally since 2010. Contracts ...
Christine Lagarde: huge government and bank debts risk new financial crash
April 10th, 2014
IMF head argues for global co-operation on financial stability, warning against risky investments and low eurozone inflation Head of the International Monetary Fund Christine Lagarde issued a warning to world leaders on Thursday that they need to do more ...
Greek bond order book soars to €17.5bn
April 10th, 2014
Greece has attracted a staggering €17.5bn order book for its eagerly anticipated return to the bond market – and banks are still taking bids. The final size of the five year deal is yet to be confirmed but banks ...
China Unveils Plan to Link Shanghai and Hong Kong Bourses
April 10th, 2014
China plans to connect the stock exchanges of Hong Kong and Shanghai, allowing a combined 23.5 billion yuan ($3.8 billion) of daily cross-border trading. Investors will be able to trade 10.5 billion yuan of Hong Kong-listed stocks through the ...
Tax Writers Clash on Paying for Extending Business Breaks
April 9th, 2014
The top lawmakers on the House Ways and Means Committee disagreed over whether extending tax breaks for research and international finance operations should be offset to prevent the U.S. budget deficit from growing. Representative Dave Camp, the committee chairman, ...
European Stocks Rise After Two-Day Drop; Kingfisher Gains
April 9th, 2014
European stocks advanced, after the region’s equities posted their first back-to-back losses in more than three weeks. U.S. index futures were also little changed, while Asian shares outside Japan rose. Kingfisher Plc (KGF) added 1.5 percent as UBS AG ...
Asian Stocks Fall Second Day as Health-Care Shares Drop
April 8th, 2014
Asian stocks fell for a second day, following the biggest three-day rout in U.S. shares in more than two months, as health-care to technology companies retreated in Japan. Chinese equities rose. Takeda Pharmaceutical Co. lost 5.2 percent after a ...
Asian Stocks Snap 8-Day Winning Streak Led by Industrials
April 7th, 2014
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...
