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Samsung forecasts $5.44bn in quarterly operating profit

April 7th, 2015 (0)
South Korea’s Samsung Electronics has forecast a quarterly operating profit of about 5.9 trillion won ($5.44bn; £3.65bn) for the first three months of 2015. The numbers beat market expectations, but would mark a fall of more than 30% in ...

Tuesday April 07: OSB G10 Currency Pairs Cheat Sheet & Key Levels

April 7th, 2015 (0)
OSB Daily G10 Currency Pairs Cheat Sheet & Key Levels for April 07. EURUSD Open 1.0995, High 1.1035, Low 1.0909, Close 1.0921, 0.39% Change. GRBUSD Open 1.4910, High 1.4980… View table below

Gold upswing After Goldman Says It Is Time To “Put Rate Hikes On Hold For Now”

April 6th, 2015 (0)
With heavy moves on the markets last weekend , Exante report on recent upswings While equity futures are modestly higher compared to Friday’s early 9:15 am close, where only a short, 45 minute long bloodbath was allowed on Good Friday ...

Wall Street to open lower in wake of weak jobs data

April 6th, 2015 (0)
U.S. stock index futures fell in low volume on Monday, putting Wall Street on track for a lower open on the first trading session since Friday’s surprisingly weak jobs data. * Labor Department data showed U.S. employers last month ...

Greek finance minister wants initial deal with lenders at April 24 Eurogroup meeting – paper

April 6th, 2015 (0)
Greek Finance Minister Yanis Varoufakis wants the negotiations with the country’s official lenders to reach a preliminary deal at an April 24 meeting of eurozone finance ministers, he told Greek daily Naftemporiki on Monday. “At the Eurogroup (meeting) of April 24 ...

Cyprus lifts all capital controls as banks recover

April 6th, 2015 (0)
Cyprus is lifting the last remaining capital controls it imposed on its banking system during the financial crisis of 2013. Cyprus was the only crisis-hit eurozone country to restrict capital transfers, as it faced a run on the banks. ...

SGX sees volume growth in both securities and derivatives markets in March

April 6th, 2015 (0)
Singapore Exchange (SGX) saw strong growth in trading volumes and market activities across securities and derivatives, and a 30% increase in bond listings.  There were 22 trading days in March 2015 as compared with 18 days in February 2015 ...

Is The Whole World Slowing Down?

April 6th, 2015 (0)
The stats just keep getting stranger and, if you’re a policymaker or an investor, scarier. According to a (now widely publicized) McKinsey & Co study, instead of deleveraging after the debt-induced crisis of 2008-2009, the world borrowed another $57 trillion. ...

Legal Revenue Grows as Elite Law Firms Set the Pace

April 6th, 2015 (0)
Tech sector, M&A fees help to make 2014 law industry’s best year since recession Last year, on average, was the best year for law firms since the recession. But averages can be misleading. Revenue at large, corporate law firms ...

AICPA Makes Suggestions on How Business Income Tax Can be Simplified

April 6th, 2015 (0)
In a letter submitted on Tuesday to the Senate Finance Committee Tax Reform Working Group on Business Income Tax, the American Institute of CPAs (AICPA) made the following four recommendations about how to simplify business income tax. 1. Cash method of ...
Broker Cyprus TopFX