Search Results for: US Dollar
Bank of America Merrill Lynch Launches U.S. Dollar Cross-border Cash Pooling in China
January 7th, 2016
ZF TRW Automotive Serves as Pilot Client for New Solution Bank of America Merrill Lynch Global Transaction Services (GTS) has today announced the launch of automated U.S. dollar cross-border cash pooling services for corporations operating in the Shanghai Free ...
7 Percent Crash Causes Emergency Shutdown Of Stock Markets In China For The 2nd Time In 4 Days
January 7th, 2016
Did you see what just happened in China? For the second time in four days, a massive stock market crash has caused an emergency shutdown of the markets in China. On both Monday and Thursday, trading was suspended for ...
$30 Oil Just Got Closer as WTI Slides to 12-Year Low on China
January 7th, 2016
West Texas Intermediate trades at lowest since December 2003 China lowers yuan daily reference rate by most since August U.S. oil futures in New York slid to the lowest in 12 years as turmoil in China’s markets pushes crude ...
Asian stocks steeply lower after China suspends trade early
January 7th, 2016
China’s stocks were suspended from all trade on Thursday after the CSI300 tumbled more than 7 percent in early trade, triggering the market’s circuit breaker for a second time this week. That drop-kicked stock markets across Asia, which were already ...
EY awards US$1m to winners of its global Better begins with you recognition program
January 5th, 2016
EY has awarded US$1m to the winners of its new global recognition program,Better begins with you, which recognizes EY people who have found inspiring and impactful ways to bring EY’s purpose – building a better working world – to ...
Russia tightens screws on currency exchanges
December 29th, 2015
The Central Bank of Russia has implemented stricter rules on cash exchanges in the country. The policy is expected to tackle money laundering and the bankrolling of terrorism. Starting from Sunday, the authorities require clients to provide a full ...
Seven big investment banks in UK paid just $30 million tax in 2014
December 29th, 2015
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows. In recent months, the seven investment and ...
Deloitte: 2016 outlook on the oil and gas industry
December 28th, 2015
Prices continued to drop in the oil and gas industry in 2015. In less than a year, upstream oil and gas companies faced a 50% drop in revenues. Looking ahead to 2016, Deloitte sees positive developments that could help ...
Asia stocks slip but Japan bucks trend on oil bounce; dollar wobbles
December 28th, 2015
Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows. Investors across asset markets were without some ...
Outlook for the USD index for 2016
December 23rd, 2015
Goldman Sachs recently released a fairly optimistic outlook for the US dollar for 2016. The group anticipates that the dollar will be strong against both the yen and euro, while expecting US inflation to increase. With an impending ...
