Search Results for: US economy
Foreign Investment in China Hits Lowest Point Since 2012
September 16th, 2014
China’s foreign direct investment in August fell to a low not seen in at least 2-1/2 years, underscoring the challenges to growth facing the world’s second-biggest economy. China attracted $7.2 billion in foreign direct investment in August, the Commerce ...
West TX Oil at $93 on Softer Economic Data
September 16th, 2014
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a soft global economic outlook. Data reflecting lackluster manufacturing output performance ...
Oil hits new 26 month low on China concerns
September 16th, 2014
The price of a barrel of oil slipped to a 26-month low during trading yesterday, hit by signs of a slowdown in China and despite the impact of new sanctions on Russia. Brent crude, the global oil benchmark, saw ...
Japan’s Prime minister ‘neutral’ on whether to raise sales tax
September 15th, 2014
Japanese Prime Minister Shinzo Abe said on Sunday he remained “neutral” on whether to proceed with a hike in Japan’s sales tax to 10 percent, adding that decision would hinge on the strength of economic indicators for the current ...
PwC’s revenues increase amid UK economic recovery
September 15th, 2014
PwC recorded a rise on revenues by five per cent to £2.81bn in the last year, since the professional services firm saw an increase in client confidence across the UK as a further sign of strengthening economic recovery. A ...
Investment Program supported by European Finance Officials
September 15th, 2014
A three-year, €300 billion program to spur the European economy won broad support from finance ministers. Finance ministers of the European Union have endorsed plans to leverage hundreds of billions of euros in order to finance new infrastructure projects ...
European Bank Assets Recover in First Half
September 12th, 2014
Europe’s big banks returned to growth mode in the first half of this year, expanding their books by 530 million euros ($685 million), in a sign they are starting to get back on their feet after the financial crisis. ...
Why accountants are dissatisfied with their job?
September 12th, 2014
What makes accountants want to leave their jobs? Poor chances of promotion, not enough pay and unsatisfactory management are the key reasons, according to a survey by accounting recruiter Richard Lloyd. Nearly 50 per cent of respondents said they ...
Alibaba IPO signals global ambitions
September 12th, 2014
It was a scene straight out of Silicon Valley — only it took place across the Pacific. In 1999, Jack Ma gathered his wife and 17 friends in his small apartment in China’s eastern city of Hangzhou, about 100 ...
Argentina’s Congress passes debt restructuring law
September 11th, 2014
Argentina’s Congress gave final approval on Thursday to a law proposing to restructure the country’s debt to skirt a U.S. court ruling that forced it into its second default in 12 years. The debt restructuring plan aims to enable ...
