Search Results for: MoU
Australia 200 – Support Stands Firm at 5400
August 12th, 2014
Australia 200 for Tuesday, August 12, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
IASB adopts new simplified standard over lease accounting
August 11th, 2014
The IASB has changed its position regarding lease accounting for the chances of convergence between US and global standards. The global standard setter has issued a document citing that it has decided to adopt a single model for lease ...
The Tricks of China’s Trade
August 11th, 2014
Last year, China ostensibly reached another milestone in its meteoric rise, surpassing the United States to become the world’s largest trading country, with its total trade turnover valued at CN¥25.83 trillion ($4.16 trillion). But this achievement is largely illusory ...
British investigator Humphrey linked to GSK was jailed
August 11th, 2014
The Shanghai court sentenced a British company investigator to two-and-a-half years and his wife to two years in jail, for trafficking personal data in China. The british investigator, Mr Peter Humphrey, was hired by GlaxoSmithKline (GSK) China, which is ...
West TX Oil reports Below $98 following Iraq Air Strikes
August 11th, 2014
Brent crude oil fell below $105 a barrel in whipsaw trading on Friday, following U.S. air strikes in Iraq that analysts said might lower the risk of oil supply disruptions from OPEC’s second-largest producer. Oil prices rose on reports ...
China loosens monetary policy
August 11th, 2014
China loosened monetary conditions last quarter at the fastest pace in almost two years, a Bloomberg LP gauge showed, testing the waning effectiveness of credit in supporting economic growth. Bloomberg’s new China Monetary Conditions Index — a weighted average ...
Australia 200 – Receives Solid Support from 5400 Level
August 11th, 2014
Australia 200 for Monday, August 11, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
ECB will receive 4.15 billion euros in crisis loans next week
August 8th, 2014
The European Central Bank will receive 4.15 billion euros ($5.56 billion) in long-term loans from Banks. The money will be given next week following charges of the ECB for holding banks; excess cash overnight and promised more long-term loans. ...
The Global Economy’s Groundhog Day
August 8th, 2014
In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a ...
Sell in May? Stocks flop: Dow hits lowest level since May 20
August 8th, 2014
Stocks fell Thursday as investors continued to worry about rising global tensions despite reports of an improving U.S. economy. The Dow Jones industrial average ended down 75 points, or 0.5%, to 16,368.27. The Standard & Poor’s 500 index fell ...
