Search Results for: asia
$20 Billion Property Trusts in India halted by Tax Rules
October 14th, 2014
The Indian government has announced rules for setting up real estate investment trusts, vehicles that may spur $20 billion of property development. None of the money will be spent unless the country’s tax code is revised. “REITs cannot take ...
Burberry profits vulnerable to forex
October 14th, 2014
Fashion house Burberry has seen a rise in revenue of seven per cent to £1.1bn for the first half. Burberry cheerfully reported a strong performance across all regions and continued digital growth. Retail sales climbed eight per cent to ...
Gold – Eyes on Previous Key $1240 Level
October 14th, 2014
Gold for Tuesday, October 14, 2014 For the last few weeks Gold has enjoyed solid support at $1215 after falling strongly a couple of weeks ago from $1240 to just below $1215, however a couple of weeks ago it ...
Five reasons oil prices are dropping
October 14th, 2014
As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and WTI keep dropping, the cost of finding oil continues ...
Australia 200 – Threatening to Return to 5000
October 14th, 2014
Australia 200 for Tuesday, October 14, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
New Chinese coal import tax causes disaster for Australian miners
October 14th, 2014
China’s bombshell decision to impose tariffs on coal imports could prove to be the tipping point for Australian miners already struggling to stay afloat. The move by the economic powerhouse to introduce the new duty of between 3% and ...
Stocks, oil flounder on growth anxiety, China data little help
October 13th, 2014
Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. “European equities look ...
Australia 200 – Falls to Eight Month Low at 5120
October 13th, 2014
Australia 200 for Monday, October 13, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Australia 200 – Falls to Eight Month Low Near 5150
October 10th, 2014
Australia 200 for Friday, October 10, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Hong Kong protests about economics as much as democracy
October 10th, 2014
For years, Beijing has feared colour revolutions. Now, it has one on Chinese soil. The Occupy Central movement has morphed into the Umbrella Revolution. Tens of thousands of Hong Kong citizens, including students as young as 13, have taken ...
