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CySec informs regarding the Continuance of Suspension of CIF license of a Cyprus Investment Firm

December 7th, 2015 (0)
The Cyprus Securities and Exchange Commission (CySec) has issued today an announcement to inform on its decision in the meeting dated 30 November for Continuance of Suspension of CIF licence of the firm ‘Falcon Brokers Ltd’ with number 128/10. ...

Asian markets close near flat, economic data eyed

December 7th, 2015 (0)
Asian stocks lost much of their gains from the morning session to close near flat on Monday, as investors eye a host of economic data due this week. Last week, nonfarm payrolls data showed the U.S. economy created 211,000 ...

Robot financial advisers to march on the UAE

December 4th, 2015 (0)
When the Dubai resident Lewis Brown and his wife Penelope wanted financial planning advice, they took what for many is a natural step – they spoke to a financial adviser. The adviser, Will Carling of AES International, spent several ...

EU Hits McDonald’s With Full-Blown Tax Investigation

December 4th, 2015 (0)
U.S. fast-food chain’s Luxembourg unit has paid ‘virtually’ no corporation tax on profits since 2009 European Union regulators confirmed Thursday they have opened a full-blown probe into McDonald’s Corp.’s tax affairs in Luxembourg, warning that a tax deal granted ...

Brokers Working for Hayes Would Say One Thing, Do Another

December 4th, 2015 (0)
Danny Wilkinson testifies for first time on Libor charges Hayes was `the best trader I’ve ever seen,’ Wilkinson Says A former ICAP Plc broker who once described Tom Hayes’s requests to manipulate Libor as “so illegal, it’s ridiculous,” told ...

GMO CLICK published November 2015 preliminary report

December 3rd, 2015 (0)
GMO CLICK Holdings, Inc. has issued today a press release to publish November 2015 Monthly Disclosure. According to the company, the following monthly preliminary report for its subsidiaries is released for November 2015:   GMO CLICK informs that the ...

EU Commission to boost sustainable economic growth and generate new jobs

December 3rd, 2015 (0)
The Commission adopted an ambitious new Circular Economy Package to stimulate Europe’s transition towards a circular economy which will boost global competitiveness, foster sustainable economic growth and generate new jobs. The European Commission adopted an ambitious new Circular Economy ...

Economic affairs MEPs ask EU Commission to table corporate tax measures

December 2nd, 2015 (0)
The EU Commission is asked to table measures to improve corporate tax transparency, coordination and EU-wide policy convergence in legislative recommendations voted by the Economic and Monetary Affairs Committee on Tuesday. These recommendations build on the work of Parliament’s ...

Bloomberg Receives SEC Approval for its Confirmation Matching Service

December 2nd, 2015 (0)
Bloomberg today announced its subsidiary, Bloomberg STP LLC (Bloomberg STP), has received approval from the U.S. Securities and Exchange Commission (SEC) to offer a confirmation matching service (CMS), for DTC-eligible equity and fixed-income securities. “The financial industry is under ...

Chinese stocks rally on rumored mortgage tax break

December 2nd, 2015 (0)
Chinese markets rallied Wednesday afternoon on speculation of an upcoming incentive to be announced by Beijing to boost the country’s lagging property market. Elsewhere, other Asian equities ended lower on Wednesday as sentiment remained shaky in the region, with ...
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