Search Results for: SME
India Recommends Canceling 172 Coal Mining Permits
September 2nd, 2014
India proposed cancelling 172 unused permits to mine coal, while allowing 46 operational mines to keep working to address a Supreme Court ruling that struck down all coal-mine allocations made since 1993. The government is prepared to auction off ...
Bank regulators need to get more realistic if we are to avoid a new crisis
September 2nd, 2014
The idea of a “Europe without banks” became popular after the financial crisis, when bankers were demonised and punitive regulations proposed. Six years on, the repercussions still resonate deeply, as I found at the recent Alpbach Financial Markets Symposium, ...
Weak data to test BOJ’s rosy economic view, policy on hold
September 1st, 2014
The Bank of Japan will maintain its existing stimulus policy and optimistic economic view on when it meets on Thursday, sources say, preferring to take more time to gauge whether a run of weak data is sufficient to threaten ...
CBO Reduces US Corporate Tax Revenue Forecast
September 1st, 2014
In its latest estimates, the Congressional Budget Office (CBO) has maintained its forecast for a reduced United States federal budget deficit this year, but has had to increase it from the forecast made in April, mostly because of lower-than-anticipated ...
Mega-IPO to rekindle the ‘bromance’ behind Alibaba’s rise
August 28th, 2014
Masayoshi Son’s nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could ...
FCA fines RBS and NatWest
August 27th, 2014
The Financial Conduct Authority (FCA) has today fined The Royal Bank of Scotland and NatWest £14,474,600 for serious failings in their advised mortgage sales business. The firms failed to ensure that advice given to customers was suitable. The issues with ...
SEC Announces Pilot Plan to Assess Stock Market Tick Size Impact for Smaller Companies
August 27th, 2014
The Securities and Exchange Commission (SEC) today announced that the national securities exchanges and the Financial Industry Regulatory Authority (FINRA) filed a proposal to establish a national market system plan to implement a targeted 12-month pilot program that will ...
Video game tax relief comes into force
August 26th, 2014
British companies developing video games will be able to claim tax relief of up to 25% on their production costs from this week. The video game tax relief legislation, which came into force officially on 1 April 2014 can ...
Interview with Danièle Nouy, Chair of the SSM
August 26th, 2014
Interview with Danièle Nouy, Chair of the Supervisory Board of the Single Supervisory Mechanism (SSM), conducted by Theano Theiopoulou from Phileleftheros newspaper: 1. How is preparatory work for the Single Supervisory Mechanism (SSM) progressing? Will everything be ready by 4 November? As ...
Japan government turns more cautious on weak factory output
August 26th, 2014
Japan’s government turned slightly more cautious about factory output and flagged a risk that April’s sales-tax hike could have prolonged effects, a sign that the world’s third-biggest economy is struggling with the higher tax and further stimulus might be ...
