Search Results for: ICO
Scandal-hit Toshiba tries to draw line in sand with £207m loss
September 8th, 2015
The accounting scandal, which broke in July, has wiped more than a third off the company’s value The electronics and industrial giant Toshiba faces a huge uphill struggle to repair its tattered corporate reputation as it reported a much-delayed ...
China FX reserves fall record $93.9 bln in Aug as central bank supports yuan
September 7th, 2015
Global investors are bracing for data this week that could show a big drop in China‘s foreign exchange reserves as the central bank steps up its intervention to stabilise the yuan currency after its shock devaluation last month. China ...
Credit Suisse Ordered to Pay Highland Capital $287.5 Million
September 7th, 2015
Credit Suisse Group AG was ordered by a Texas judge to pay Highland Capital Management LP $287.5 million for losses on a $540 million refinancing of a shaky real estate development. Highland had sought $377 million in damages in ...
London Stock Exchange Group And Boat Services To Build Mifid Ii Trade Reporting Solution
September 4th, 2015
Heads of Terms signed to create MiFID II compliant, multi-asset reporting platform Complements UnaVista’s MiFID II transaction reporting service London Stock Exchange to apply for Approved Publication Arrangement (APA) status London Stock Exchange Group (LSEG) today announced it has ...
History of Bitcoin: The journey of a virtual currency
September 3rd, 2015
The biggest thing to hit the global market since the invention of currency is the word “Bitcoin”. What started merely as an alternate electronic payment system soon became the seventh wonder of modern economy. But while most of us ...
India Says New Tax Won’t Apply to Foreign Institutional Investors
September 3rd, 2015
Move on minimum alternate tax is aimed at calming investors’ concerns India said Tuesday that it wouldn’t go through with plans to apply a controversial tax to international portfolio investors, hoping to calm concerns about the country amid global ...
Oil prices drop 3 percent as investors retreat from overnight gains
September 1st, 2015
Oil prices fell nearly 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude soared more than 8 percent in the previous session. Both Brent and U.S. crude prices ...
China probing brokers, regulators for possible stock crimes
August 26th, 2015
Employees of one of China‘s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price ...
UAE’s introduction of VAT will bolster the country’s global competitiveness
August 25th, 2015
The announcement of the planned introduction of a federal value-added tax (VAT) and a corporate tax in the UAE has stimulated a lot of discussion on what this means for the country and its residents. I have a slightly different view ...
Global tech IPO market surges 57% in second quarter
August 25th, 2015
The global technology IPO market continued to exhibit its strength in the second quarter, with 36 IPOs and total proceeds of US$6.2 billion, according to PwC’s Global Technology IPO Review. The number of offerings marked a 57% increase over the ...
