Search Results for: Standard Chartered
IMF Worries That Chinese Slowdown Could Damage Sub-Saharan Economies
April 28th, 2014
Africa’s rising economic star is in danger of burning out from even a modest contraction in China’s economy as that country’s demand for natural resources decreases, warns the International Monetary Fund. After a meteoric rise for most of the ...
ACB Founder Pleads Not Guilty to Vietnam Fraud, Tax Dodge
April 16th, 2014
Nguyen Duc Kien, a founder of Asia Commercial Bank, pleaded not guilty to fraudulently taking assets, tax evasion and other crimes that partly caused losses the Vietnamese lender estimates at 8.67 trillion dong ($411 million). The People’s Court of ...
Stock Futures Rise as Dollar Holds Yen Gain Before Data
April 4th, 2014
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...
Europe Index Futures Rise With Asia as Yen Retreats
April 2nd, 2014
European index futures climbed with Asian stocks, Treasuries fell and the yen retreated before reports that may signal the U.S. economic recovery is gathering pace. New Zealand’s dollar weakened and gold rebounded. The MSCI Asia Pacific Index added 0.4 ...
UBS Said to Suspend FX Traders in New York, Zurich and Singapore
March 27th, 2014
UBS AG suspended foreign-exchange traders in the U.S., Singapore and Switzerland as its investigation into the alleged rigging of currency markets widened, according to a person with knowledge of the matter. They include Onur Sert, an emerging-markets spot trader ...
Banking faces seismic changes
July 13th, 2021
The role of commercial banks in the global economy is changing, with lending to governments and their agencies now more important than lending to goods and services industries. It is a trend which is due to continue. The ...
ACCA published the five tenets of good corporate governance
May 10th, 2018
ACCA (the Association of Chartered Certified Accountants) has published a report examining the interrelation between businesses and society, and the importance of good corporate governance in facilitating a positive relationship between them. The report – Tenets of good corporate ...
ACCA: What features a quality audit should possess
February 22nd, 2018
A quality audit is vital to public confidence in the audit process and its value. However, the key elements of a quality audit can sometimes exist in mutual tension, and robust discussion among key stakeholders is required to align ...
ACCA: Governments and Accountancy profession must work together
October 31st, 2017
A new report from ACCA (the Association of Chartered Certified Accountants) has called for governments, public sector entities and the accounting profession to work together to assist in the implementation of International Public Sector Accounting Standards (IPSAS) around the ...
Sanctions against senior auditor and EY
October 17th, 2017
Ernst & Young LLP (EY) and Julian Gray, Senior Statutory Auditor and Audit Engagement Partner, have been fined and reprimanded after admitting Misconduct in relation to the audit of the financial statements of Tech Data Limited (formerly known as ...