Search Results for: US economy
Number of law firms planning to raise charge out rates increases
May 7th, 2015
Third of commercial firms likely to raise rates in bid to boost profits, despite continued client pressure on fees The number of commercial law firms expecting to overcome customer resistance and increase charge out rates over the coming year ...
IMF says China FX policy should continue to allow more flexibility
May 7th, 2015
China should allow greater flexibility in its exchange rate policy by reducing intervention, as part of its efforts to secure a gradual moderation in growth while pursuing economic reforms, the International Monetary Fund said on Thursday. “To help deliver ...
Yuan gains credibility as reserve currency
May 7th, 2015
France’s Credit Agricole Private Banking is advising its clients to add the Chinese yuan to their portfolios as the world’s second-largest economy looks to further liberalise its currency. High net worth individuals in the Arabian Gulf region should consider ...
Dollar struggles on soft data, sterling awaits election
May 7th, 2015
Dollar index hits two-month lows Euro breaks above $1.13 for the first time since late Feb Sterling on defensive for UK elections Aussie up slightly after fall on local job data The dollar languished near its lowest levels ...
A Digital Single Market for Europe: EU Commission sets out 16 initiatives to make it happen
May 6th, 2015
The Internet and digital technologies are transforming our world – in every walk of life and in every line of business. Europe must embrace the digital revolution and open up digital opportunities for people and businesses. How? By using ...
ACCA appoints current Singapore head to key strategy and development role for Asia Pacific
May 6th, 2015
Ms Leong Soo Yee tasked with developing growth potential within the region ACCA (the Association of Chartered Certified Accountants) today announced the appointment of Leong Soo Yee, the current head of its Singapore office, to the role of Director ...
Greek government takes aim at creditors over stalled bailout talks
May 6th, 2015
Senior official lays blame on disagreements between EU and IMF as economic growth rate forecasts are slashed Greece’s government has blasted its creditors for holding back progress on bailout talks, laying the blame squarely on differences between the European Union and ...
U.S. Trade Gap Widens on Surging Imports
May 6th, 2015
Stronger dollar, influx of foreign goods augur lower numbers on economic growth A stronger dollar and an influx of pent-up imports into West Coast ports are pointing the U.S. economy toward its third quarterly contraction in its six-year-long expansion, ...
Asian stocks at 2-week lows, bond woes spread, dollar slips
May 6th, 2015
Selloff in government bonds from Germany to Australia China stocks bounce after moderately encouraging PMI data Commodities rally in what might be a return to reflation Dollar softer on trade blow out, Fed’s Yellen speech awaited (.) A selloff in global ...
Saudi Arabia expected to retain popularity in private equity investment
May 5th, 2015
Saudi Arabia will remain a favoured destination for private equity investment in the coming years in spite of volatile oil prices and instability in neighbouring Yemen, investment professionals said yesterday. Lower oil prices in the past year are unlikely ...
