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What’s happening in the labour market?
May 10th, 2017
The rate of youth unemployment peaked at above 24% in the euro area in 2013 for the age group 15-24. Since then, the youth unemployment rate has declined faster than the total unemployment rate and remained around 21% in ...
Emmanuel Macron has pledged to reduce taxation on companies to 25 percent
May 10th, 2017
Emmanuel Macron, France’s president-in-waiting after a resounding poll victory Sunday, campaigned on a platform that combined unstinting support for the EU with tax cuts for business and a pledge to maintain the country’s social safety net. Following are key ...
Asia-Pacific real estate funds outperform Europe and US
May 9th, 2017
Non-listed real estate funds in Asia-Pacific returned an average of 10.6% in 2016, according to the latest annual ANREV index. Amélie Delaunay, director of research and professional standards at the Association of Non-listed Real Estate Vehicles (ANREV), said the ...
SFC consults on proposals to reduce hacking risks in internet trading
May 9th, 2017
The Securities and Futures Commission (SFC) today launched a two-month consultation on proposals to reduce and mitigate hacking risks associated with internet trading (Note 1). The proposals incorporate new guidelines (Note 2) which set out baseline cybersecurity requirements for ...
OECD tax rates on labour income continued decreasing slowly in 2016
May 9th, 2017
Taxes on labour income for the average worker across the OECD continued to decrease for the third consecutive year during 2016, dropping to 36% of labour costs, according to a new OECD report. Taxing Wages 2017 measures the level of ...
Monex Group released business metrics of April 2017
May 8th, 2017
Monex Group has issued today a press release to disclose its business metrics for the month April 2017. According the announcement: Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following monthly business ...
PwC lose audit to KPMG of a multinational consumer goods company
May 8th, 2017
Reckitt Benckiser ends 20-year PwC audit contract FTSE 100 consumer health giant Reckitt Benckiser Group has announced plans to change auditor with the announcement that KPMG will replace PwC from 2018 Big Four rival KPMG will become auditor for ...
Societe Generale reports net income of EUR 747 million for Q1 2017
May 6th, 2017
Net banking income for the businesses of EUR 6,518m (+4.0% vs. Q1 16) driven by the growth in International Retail Banking & Financial Services and Global Banking & Investor Solutions. Book net banking income of EUR 6,474m, up +4.8% ...
Mobile payments on the rise across GCC, officials say
May 5th, 2017
Online payments, including mobile payments and e-commerce, are set to become a crucial part of the digitisation wave currently sweeping across the GCC, according to a number of industry executives in attendance at the event. “Major trends include subscription ...
GAIN Capital released Q1 2017 results; Net revenue down in relation of Q1 2016 results
May 5th, 2017
Key Results and Highlights for the First Quarter Reported GAAP net loss of $18.9 million, or $0.39 per share Completed acquisition and integration of FXCM U.S. client assets, resulting in the transfer of over $140 million in client assets ...
