Search Results for: UBS AG
WTO: Failure on customs deal will have considerable impacts
August 12th, 2014
In case of failing to conclude to a global customs rules deal, could lead to “considerable impact” on other areas of global trade negotiation, according to Roberto Azevedo, WTO Director. India has torpedoed a deal to simplify, standardize and ...
Pound Bulls Face Day of Reckoning as BOE Inflation Report Looms
August 12th, 2014
This week’s economic forecasts from the Bank of England are shaping up to be decisive for the remaining sterling bulls. The pound strengthened against the euro today as investors prepared for clues from projections due in the central bank’s ...
Australia 200 – Support Stands Firm at 5400
August 12th, 2014
Australia 200 for Tuesday, August 12, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
Coutts’ sale shows the politics of banking – Bottom Line
August 12th, 2014
The biggest surprise about RBS considering selling the international units of its private bank Coutts is that it has not already flogged them. Since the crash and subsequent bailout, RBS has been cutting back to focus on UK retail ...
The Tricks of China’s Trade
August 11th, 2014
Last year, China ostensibly reached another milestone in its meteoric rise, surpassing the United States to become the world’s largest trading country, with its total trade turnover valued at CN¥25.83 trillion ($4.16 trillion). But this achievement is largely illusory ...
Tax on online advertisements bring discontent to e-tailers in Bangalore
August 11th, 2014
With Budget 2014 re-introducing service tax on online and mobile advertising, e-commerce industry facing the direct brunt of it has now adopted a wait and watch strategy. But they feel that the government needs to go extra mile to ...
Yen Falls as Russia Eases Ukraine Tension
August 11th, 2014
The yen fell versus 14 of its 16 major peers as concern eased about tensions in Ukraine after reports last week that Russia’s warplanes ended drills and the nation is seeking to mediate between Kiev and rebel forces. The ...
Australia 200 – Receives Solid Support from 5400 Level
August 11th, 2014
Australia 200 for Monday, August 11, 2014 After being on quite a roll for several weeks throughout July, the Australian 200 Index has fallen sharply over the last couple of weeks returning back to more familiar territory between the ...
The Global Economy’s Groundhog Day
August 8th, 2014
In the movie “Groundhog Day,” a television weatherman, played by Bill Murray, awakes every morning at 6:00 to relive the same day. A similar sense of déjà vu has pervaded economic forecasting since the global economic crisis began a ...
Australia 200 – Drops Sharply Back Into Familiar Trading Range
August 8th, 2014
Australia 200 for Friday, August 8, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week or so returning back to more familiar territory between the 5400 and ...