Search Results for: Hong Kong
Canadian corporate tax attracts U.S. companies
August 26th, 2014
Canada has become the latest frontier for U.S. companies fleeing the high cost of business, spurred by low corporate taxes and a policy that keeps international earnings out of the clutches of the Internal Revenue Service. It’s “not fair” ...
Copper up to Above $3.20 After Strong U.S. Home Sales
August 22nd, 2014
Copper in London rose to a two-week high, heading for the first weekly advance in a month on stronger-than-expected U.S. homes sales and before a speech by Federal Reserve Chair Janet Yellen. The metal for delivery in three months ...
Shares, stocks and corporate news overview
August 22nd, 2014
European markets are set for a lower open this morning ahead of a long weekend here in the UK. The day will be fairly low-key with no major economic data being released, and investors have turned their attention to ...
Asian Stocks Fall After HSBC China Manufacturing Drops
August 21st, 2014
Asian stocks outside Japan fell for the first time in nine days after a private gauge of Chinese manufacturing dropped more than economists forecast. The MSCI Asia Pacific excluding Japan Index slid 0.8 percent to 509.13 as of 2:23 ...
China August HSBC Flash PMI Slips to Three-Month Low
August 21st, 2014
Growth in China’s vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy. The HSBC/Markit Flash China Manufacturing ...
Swedish regulator warns against unauthorised firm
August 20th, 2014
Finansinspektionen, the Swedish Financial Supervisory Authority, has published a statement in order to warn investors against dealing with unauthorised firms. As a result, Glacier Bay Capital LLC has not received authorisation from Finansinspektionen and therefore is not entitled to ...
HKMA reaction to US sanctions over StanChart
August 20th, 2014
Following the New York Department of Financial Services allegations against Standard Chartered Bank as announced yesterday, the Hong Kong Monetary Authority has issued a notice informing that it has taken note of the action. The Hong Kong Monetary Authority (HKMA) ...
Asian Stocks Fall as BHP Billiton Drags Index Lower
August 20th, 2014
Asian stocks fell after valuations reached the highest level this year and as BHP Billiton Ltd. (BHP) slumped, dragging materials shares to the largest decline on the regional gauge. BHP, the world’s largest miner, tumbled 3.9 percent in Sydney ...
HKEx Launches the Application Service Provider Programme
August 18th, 2014
HKEx launches the Application Service Provider Programme and offers the possibility to Exchange Participants (EPs) and investors to connect to HKEx’s markets. Hong Kong Exchanges and Clearing Limited (HKEx) announced last week the establishment of a framework to support Application ...
China Seen Taking Steps to Aid Growth After Credit Plunge
August 14th, 2014
China’s plunge in credit expansion last month and unexpected slowdown in investment spending flashed warnings on growth that investors and economists bet will spur policy makers to expand stimulus. Barclays is forecasting two second-half interest-rate cuts, while Australia & ...
