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Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit

March 16th, 2015 (0)
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...

Asian stock markets drift as investors await Fed meeting

March 16th, 2015 (0)
Most Asian stock markets drifted Monday as investors hunkered down ahead of a Federal Reserve meeting this week that may set the stage for the first U.S. interest rate hike since the global financial crisis. KEEPING SCORE: Japan’s benchmark ...

GFG Market Insight – Will Gold Go Below $1,000?

March 13th, 2015 (0)
In Brief: Gold’s charts suggest this precious metal may decline below $1,100 per ounce in the near-term. If this proves true and gold’s buyers fail to step up and support gold at those levels, gold appears poised to drop quickly below ...

The Central Bank of Russia Press release regarding Key Rate

March 13th, 2015 (0)
On 13 March 2015, the Bank of Russia Board of Directors decided to reduce the key rate from 15.00 to 14.00 percent per annum taking into account that the balance of risks is still shifted towards a more significant cooling of the economy. This decision will contribute to the reduction of these ...

EU told to apologise to Credit Agricole over market rigging probe

March 13th, 2015 (0)
The European Commission has been ordered to apologise to French banking giant Credit Agricole for implying its guilt in the long-running investigation into financial market rigging before the probe had been completed. A report published on Thursday (13 March) ...

Euro set to continue slide

March 13th, 2015 (0)
The Hague – Even though the euro’s downward spiral against the dollar was brought to a standstill on Wednesday and even somewhat reversed, doubts still linger about European Central Bank (ECB) president Mario Draghi‘s quantitative easing programme. This policy, ...

Tsipras says Greece doing its part in euro zone deal

March 13th, 2015 (0)
 Greece‘s problems are euro zone’s problems and the single currency area should send Greece a message of solidarity as Athens stands ready to deliver on promises to reform in exchange for more loans, Greek Prime Minister Alexis Tsipras said. “Greece has already ...

ASIC facilitates foreign financial service providers applying for exemptions

March 13th, 2015 (0)
ASIC is clarifying the documentation foreign financial services providers should provide to it when applying for class order exemptions to conduct business in Australia to facilitate an easier application process. In a written statement to key advisers to foreign ...

Deloitte sued for C$384m in document reviewer class action

March 13th, 2015 (0)
Deloitte and a document review company it acquired a year ago are alleged to have saved millions of dollars by treating hundreds of document reviewers as contractors when they were, in reality, employees based in their offices. Deloitte acquired ...

Global tax changes could undermine UK tax competitiveness

March 13th, 2015 (0)
Changes to the way international companies pay tax could undermine Britain’s tax competitiveness, EY survey of finance and tax professionals finds Impending changes to the way international companies pay tax could undermine government efforts to improve Britain’s tax competitiveness, research ...
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