Search Results for: VAT
Why Bitcoin won’t be the money of the future – but cryptocurrencies might be
August 21st, 2014
Proponents of Bitcoin like to suggest that it will be the money of the future. Critics point to its price volatility, evidence of a Bitcoin bubble and other problems. With the price of Bitcoin having just fallen below $500 ...
Asian Stocks Fall After HSBC China Manufacturing Drops
August 21st, 2014
Asian stocks outside Japan fell for the first time in nine days after a private gauge of Chinese manufacturing dropped more than economists forecast. The MSCI Asia Pacific excluding Japan Index slid 0.8 percent to 509.13 as of 2:23 ...
OSB Daily Technical Analysis
August 21st, 2014
OSB Daily Technical Analysis for August 21, 2014 EUR/USD – bears took over the day and pushed the EUR/USD beneath the 1.33 level without much difficulty. The break below this level indicates that this market is likely to continue ...
Bond Traders React to Fed Minutes
August 21st, 2014
U.S. Treasury prices hit session lows on Wednesday after the minutes from the Federal Reserve’s latest policy meeting showed the central bank was surprised at the quick progress in the labor market. Benchmark 10-year Treasury notes lost 10/32 in ...
Dubai Gold And Commodities Exchange Joins DMCC Free Zone
August 21st, 2014
Dubai Gold and Commodities Exchange (DGCX), the first derivatives exchange in the Middle East and North Africa (MENA) region, has announced that it has moved to a new permanent office in the Dubai Multi Commodities Centre (DMCC) Free Zone. ...
China August HSBC Flash PMI Slips to Three-Month Low
August 21st, 2014
Growth in China’s vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, reinforcing concerns about increasing softness in the economy. The HSBC/Markit Flash China Manufacturing ...
IFC issues $2.5 billion rupee-denominated bonds
August 20th, 2014
The World Bank’s private-sector financing arm on Wednesday launched $2.5 billion, rupee-denominated, bonds in the Indian market to fund infrastructure projects, after raising $1 billion in offshore bonds for the sector last year. The International Finance Corporation’s (IFC’s) bond ...
How Money is Made
August 20th, 2014
Last month, the BRICS countries (Brazil, Russia, India, China, and South Africa) announced the establishment of their own development bank, which would reduce their dependence on the Western-dominated, dollar-focused World Bank and International Monetary Fund. These economies will benefit ...
Rich Russians in U.K. Think About Sanctions, but Keep Buying Mansions
August 20th, 2014
A lunchtime crowd of around 60 real-estate agents and property developers tucked into champagne, caviar and canapés last week at a new six-bedroom mansion in St. George’s Hill, a gated community in London’s leafy suburbs popular with ultrawealthy foreigners. ...
New record for Apple stock
August 20th, 2014
The tech behemoth’s stock closed at the highest price in the company’s history — $100.53 a share — on Tuesday. Investors are salivating over demand for the next iPhone and cheering Apple’s newfound willingness to spend its cash horde. ...
