Search Results for: UBS AG
UAE, the new key role player in the Middle East
April 20th, 2017
The United Arab Emirates (UAE) is likely to play a bigger role in the conflict-ridden Middle East due to its economic, military, and political influence. For most of the past four decades, the UAE has maintained a low-key role ...
A brief history of Digital Currency
April 20th, 2017
Digital currency is a recent invention which means that currency with real value can be exchanged for traditional cash; it is instead entirely virtual or digital. It is a new invention in the history of money and commerce. Electronic money only ...
ASIC bans former director of AFS Capital
April 20th, 2017
ASIC has banned Dr Bingxing Hu (Dr Hu), of Melbourne, Victoria, from providing financial services for five years. Dr Hu was a director of AFS Capital Securities Limited ACN 143 006 151 (AFS Capital) from 8 April 2010 until ...
Assets of collapsed Forex broker appeared insufficient to repay creditors
April 19th, 2017
Following last week Breaking News in relation to Auckland-based foreign exchange broker Forex Brokers collapse, today we have learned that the said collapsed broker owes creditors more than $10 million and its assets appeared insufficient to repay creditors even half a cent ...
Bitcoin Price Reaches $1,220, Three Main Factors to Influence its Growth
April 19th, 2017
Major factor: Japanese market The Japanese Bitcoin exchange market has experienced an increasing demand for Bitcoin over the past few weeks. Earlier this month, the Japanese retail giant Bic Camera began to accept Bitcoin in all of its retail ...
NZX joins UN Sustainable Stock Exchange initiative
April 19th, 2017
NZX today announced that it has joined the United Nations Sustainable Stock Exchange (SSE) initiative as a partner exchange. The SSE initiative provides a platform for exchanges to discuss environmental, social and corporate governance enhancements and stimulate discussions about ...
Interactive Brokers reports net revenues of $374 million for 1Q2017
April 19th, 2017
Reports comprehensive earnings per share of $0.40, Income before taxes of $213 million on $374 million in net revenues, And earnings per share on net income of $0.34. Declares Quarterly Dividend of $0.10 per share. Interactive Brokers Group, Inc. ...
European countries introduced tax breaks for cycling to work
April 19th, 2017
During the last months, four European countries have introduced tax breaks for cycling to work or extended existing ones: France, Belgium, Luxembourg and Italy. This shows that the idea of rewarding sustainable commuting behaviour through fiscal incentives is gaining ...
The US$200 million investment scam; hunt is on
April 13th, 2017
Investigators looking into a financial scam that took Dubai residents for tens of thousands of dollars have shifted their focus to recovering about US$200 million (Dh734.5m). The sum is believed to have been siphoned from a Dubai branch of ...
KPMG US removes head of audit for ‘improper’ warnings
April 12th, 2017
The firm said it learned in late February, from an internal source, that an individual who had joined KPMG from the PCAOB subsequently received confidential information from a then-employee of the PCAOB, and shared that information with other KPMG ...