Search Results for: UBS
UK Sees Corporate Tax Windfall After Brexit Decision
August 4th, 2017
The 15.5 percent year-on-year increase in UK corporate tax receipts, reported recently by HM Revenue and Customs (HMRC), demonstrates that company profits have not yet been dented by the UK’s decision to leave the European Union, says London tax ...
What the bitcoin cash is and is it worth anything?
August 3rd, 2017
Early yesterday morning bitcoin’s blockchain forked — meaning a separate cryptocurrency was created called bitcoin cash. The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates ...
Isle of Man: We’re no tax haven study concludes
August 2nd, 2017
The Isle of Man might be branded a tax haven by its critics. But that’s not the conclusion of research by academics at the University of Amsterdam. Their study ranks 24 ’sink’ and five ’conduit’ offshore finance centres – ...
Trader ordered to pay hundreds of thousands dollars in “spoofing” incidents
August 2nd, 2017
CFTC Orders New York Trader Simon Posen to Pay a $635,000 Civil Monetary Penalty and Permanently Bans Him from Trading in CFTC-Regulated Markets for Spoofing in the Gold, Silver, Copper, and Crude Oil Futures Markets Order Finds that Posen ...
EU Requires Belgium, France To End Port Tax Breaks
August 1st, 2017
Belgium and France must abolish corporate tax exemptions granted to their ports so as to align their tax regimes with European Union state aid rules, the European Commission has said. In a statement issued on July 27, the Commission ...
New South Korean digital bank signs up one million users in five days
August 1st, 2017
South Korean massaging giant Kakao has launched its digital bank, signing up more than one million account holders in its first few days. Kakao Bank says that it would have opened even more accounts if not for delays caused ...
Euro’s rally might receive a further boost
August 1st, 2017
A snowball effect: Euro to strengthen against Pound Sterling as Eurozone investors are forced to hedge against an unexpected strengthening of their currency. Analysts at BNP Paribas have warned their clients that the Euro’s rally might receive a further ...
Why economists cannot forecast recessions
July 28th, 2017
The purpose of this article is to draw the widest attention to the chronic inability of the economic establishment to forecast recessions. Next time you hear an economist make a prediction on mainstream media, your default assumption should ...
7 Cryptocurrency Predictions From the Experts
July 28th, 2017
Fortune convened some top cryptocurrency entrepreneurs, venture capitalists, bankers, and others to chat about the future of digital money at Fortune’s Brainstorm Tech conference in Aspen, Colo. last week. A select group met at the Aspen Institute for a ...
Goldman Sachs Predicts Bitcoin Price May Cross Over $3600
July 27th, 2017
Sheba Jafari, the widely acknowledged market predictor for Goldman Sachs, has predicted that the price of Bitcoin may reach a new high over $3,600 soon. The movement is in line with Sheba Jafari’s earlier analysis in June when she ...
