Greece Risk May Pose Black Swan Dangers for Emerging Markets
June 30th, 2015
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, sparking concern defaults and bank collapses could spill over to other European nations, and impose a global impact. This time, though, Europe ...
China stocks are giving investors a nasty case of whiplash
June 30th, 2015
China stocks resumed their volatile decline on Tuesday, compounding losses that have erased trillion of dollars in market value in recent weeks. The Shanghai Composite dropped as much as 6% in morning trading, before bouncing back. The performance pushed ...
Greek referendum is a Machiavellian plot
June 29th, 2015
Alexis Tsipras gambles on Greece’s future with a sham referendum. A few days ago, in the euro summit on June 22, all indications were that Europe’s political beasts and IMF representatives were ready to accept the latest proposal of ...
Swiss National Bank President Thomas Jordan confirmed on Monday that the central bank intervened in markets overnight
June 29th, 2015
Swiss Step Into Currency Market as Greece Adds to SNB’s Woes Greece’s decision to effectively call a public vote on its euro-area membership is one more blow for Switzerland, the country where overwhelming demand for its currency is pushing ...
On June 30 scientists will add a second and trading firms have to be prepared
June 29th, 2015
On June 30, time will stand still. Just for a second — a leap second. Since 1967, when clocks went atomic, human timekeeping has been independent of the earth’s rotation. The problem is, the planet is slowing down and ...
Top Stories of the day June 26
June 26th, 2015
1. Citigroup Inc (C.N) will combine its retail banking and mortgage operations under Jonathan Larsen, according to an internal memo seen by Reuters, in the second senior promotion for a veteran of the bank’s Asian franchise this year. The ...
Switzerland Postpones Withholding Tax Reforms
June 26th, 2015
The Swiss Federal Council is to postpone a planned overhaul of the withholding tax (WHT) system and re-examine the appropriateness of the reforms at a later date. In Switzerland, WHT is levied on interest, participation income, lottery winnings, and ...
Another Week, Another Chinese Gold Mine
June 26th, 2015
Though the true amounts are debatable, it’s generally conceded that China is importing a lot of gold. What’s not included in this calculation — but should be — are the deposits its mining companies are acquiring overseas. This gold-in-the-ground ...
Leading UK corporate financier joins Deloitte
June 26th, 2015
Paul Staples, formerly head of UK corporate finance and a senior managing director in the European Investment banking division of BNP Paribas has joined the Corporate Finance Advisory business of Deloitte as a partner. He completed his accountancy training ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
