Search Results for: Standard Chartered
Chartered Accountants in Pakistan gain international recognition as ICAP joins Chartered Accountants Worldwide
February 11th, 2016
The Institute of Chartered Accountants of Pakistan (ICAP) has been awarded Associate membership by Chartered Accountants Worldwide. ICAP is the second professional body to be admitted to the organisation since it was launched in February 2013. As an Associate ...
New accounting standard rule against banks’ losses from loans
August 11th, 2014
A new international accounting standard, IFRS 9, will set as requirement that banks should set aside more money in order to protect against losses from customers who can’t repay loans. The new rule will come into effect in 2018 ...
No standstill on standards for auditing
April 10th, 2014
ACCA (the Association of Chartered Certified Accountants) comments on the strategy and work programme of the IAASB for 2015-2016 Sue Almond, external affairs director at ACCA, says: ‘It is clear that there are huge demands on the International Auditing ...
Prospects for the UK and the pound
December 15th, 2020
This article assesses the likelihood of the pound following the dollar into monetary hyperinflation. Between March and September, the US Government financed twice as much of its spending by bond sales — mostly through inflationary QE — compared with ...
European stocks fell on Thursday; The biggest sectoral decliners in Europe
September 17th, 2020
European stocks fell from a one-month closing high on Thursday after an underwhelming response to the U.S. Federal Reserve’s pledge to keep interest rates low for a prolonged period. The pan-European STOXX 600 dropped 0.9%, on course to break ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
The dollar rises against major currencies and riskier emerging markets
March 30th, 2020
The dollar snapped a week of declines on Monday, rising against major currencies and riskier emerging markets as investors braced for a prolonged period of uncertainty while governments tightened lockdowns to fight the coronavirus. China’s offshore yuan fell after ...
New wave of FX manipulation lawsuits
November 16th, 2018
A group of large institutional investor plaintiffs filed a lawsuit on 07 November, in the US District Court in Manhattan, in a action linked to proce rigging in the FX markets. Amongst the several named plaintiffs are BlackRock Inc, ...
U.S. Dollar rises as optimism on economy grows
October 9th, 2018
The U.S. dollar rose Monday as investors continue to bet on the country’s robust economic growth. The WSJ Dollar Index, which measures the currency against a basket of 16 others, rose less than 0.1% to 90.26, snapping a two-day ...
British pound was flat, Yen lost, Won jumped, Stocks in Asia gained; Key events to watch this week
April 30th, 2018
Stocks in Asia gained, with some major markets shut for holidays, as investors weighed the ongoing earnings season against a mixed set of signals for global economic growth. The won rallied as the two Koreas moved closer to peace ...
