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Asia markets extend declines; Nikkei down 3.49%, Hang Seng drops 3.68%

January 20th, 2016 (0)
Asian stocks tumbled Wednesday, with major indexes declining by more than 1 percent each, as global sentiment remained low on concerns over economic growth, China and low oil prices. “The frailty in the Chinese growth remain the core problem ...

Davos 2016: eight key themes for the World Economic Forum

January 19th, 2016 (0)
Political and business leaders gather at Swiss ski resort to discuss issues including robots, terrorism, migration and inequality The world’s political and business leaders, plus the usual smattering of celebrities – including Leonardo DiCaprio – are heading to Davos, ...

IMF:Weak Pickup in Global Growth, with Risks Pivoting to Emerging Markets

January 19th, 2016 (0)
Global growth forecast revised down—3.4 percent in 2016 and 3.6 percent in 2017 Emerging market and developing economies facing increased challenges Key risks relate to China slowdown, stronger dollar, geopolitical tensions, renewed global risk aversion The pickup in global ...

Former Brisbane financial advisor jailed after pleading guilty to fraud charges

January 18th, 2016 (0)
The Australian Securities and Investment Commission (ASIC), the financial regulator of Australia, has issued a announcemnet to inform that: Following an ASIC investigation, Mr Thanh Tu, 38 years old, formerly of Forestdale, Brisbane, has today been sentenced to nine-and-a-half ...

Key findings of CBI/PwC survey of 100 financial services firms

January 18th, 2016 (0)
Profitability remains strong as Financial Services firms focus on costs, says CBI/PwC poll   Overseas level of business below normal, quarterly survey finds Growth in business volumes picked up more strongly than expected in the three months to December ...

Asia markets close mostly down; Japan, Australia near bear markets

January 18th, 2016 (0)
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...

Are Bitcoin and Litecoin here to stay?

January 14th, 2016 (0)
How Bitcoin & Litecoin Could Fail One the most influential inventors of a cryptocurrency doesn’t believe that his invention, or Bitcoin for that matter, are necessarily here to stay. Litecoin was designed by Charlie Lee to be the so-called ...

Asia markets retrace some losses, China bucks trend

January 14th, 2016 (0)
Major Asian stock markets retraced some of their downward slide but stayed in negative territory, following a massive sell-off on Wall Street overnight. Japan’s Nikkei 225 retraced morning losses to trade down 2.86 percent, weighed by commodities and machinery sectors. Earlier, ...

China’s downturn could affect law firms

January 13th, 2016 (0)
The slowing Chinese economy will have a big impact on the Australian economy that could flow on to law firms, according to industry experts. Commonwealth Bank associate director economics Diana Mousina said the Australian economy is doing well domestically, but ...

2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs

January 13th, 2016 (0)
2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We ...
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