Search Results for: bond
Moscow Exchange Announces 2Q 2016 Results
August 9th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange’s diversified ...
PwC must face MF Global lawsuit over accounting advice
August 8th, 2016
A US Judge has given the go-ahead for a $1bn lawsuit against PwC over claims the firm provided bad accounting advice which contributed to the 2011 collapse of MF Global. MF Global and its parent company, MF Global Holdings Ltd, collapsed ...
Asian stocks jump to one-year highs as yield hunt spreads
August 8th, 2016
Asian stocks rose to one-year highs and the Australian dollar climbed on Monday as investors’ hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and ultra-easy easy global monetary policy conditions. While the strong July ...
Fintech firms set to target business advisory
August 5th, 2016
Business advisory services will be a major focus of fintech companies over the next few years, says an accounting software company, with considerable investment likely to flow into business advisory robo-offerings. Speaking to Accountants Daily, MYOB general manager of user experience ...
Rattled investors seek shining path to gold
August 5th, 2016
Gold prices have surged nearly 30 percent this year, proving the commodity to be a commonly favored safe-haven for investors in the face of increased market volatility and uncertainty. On Wednesday, gold reached its highest level in 33 months ...
Bank of England cuts Bank Rate to 0.25%
August 4th, 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending 3 August 2016, the MPC voted for ...
Bank of Israel reports Monetary Policy for the six Months 0f 2016
August 3rd, 2016
Monetary policy: During the first half of 2016, the Monetary Committee decided to leave the interest rate at a level of 0.1 percent. For both July and August, which belong to the second half of 2016, the Monetary Committee also ...
Euro-Area Output Unexpectedly Picks Up as Brexit Qualms Fade
August 3rd, 2016
Purchasing Managers’ Index rises to 53.2 in July from 53.1 Gauge signals little contagion from U.K. vote, Markit says Euro-area output unexpectedly accelerated to the highest in six months, signaling that manufacturers and services providers are shrugging off concerns ...
China stocks firm on property shares; Hong Kong hit by global weakness
August 3rd, 2016
China stocks edged higher on Wednesday as property shares rallied for a second day and on growing expectations of state-owned enterprise (SOE) reforms. But trading volume in Shanghai, which shrank to a two-month low on Tuesday, remained thin amid ...
Oil Retreat Sinks Asian Stocks; Aussie Declines After RBA Cut
August 2nd, 2016
Crude oil hovers at $40 a barrel after entering bear market Japanese government to give details of fiscal stimulus Tuesday European stocks declined for a second day and dollar weakened as oil traded near $40 a barrel. Japanese 10-year ...