Search Results for: economy
Asian Stocks Retreat as Oil Falls With Copper; Yen Strengthens
April 25th, 2016
Japanese currency advances after steepest drop since 2014 Crude retreats from five-month high; British pound gains Asian shares were set for the first back-to-back declines in a month as commodities prices retreated and the yen strengthened, reflecting investor caution ...
EU referendum: Seven Brexit myths debunked by economists
April 22nd, 2016
With so many unknowns going into the EU referendum, there have been plenty of claims and counter-claims being made about the impact leaving the union could have on the UK. Economists at Berenberg claim the debate has been “shrouded in myths, ...
China’s biggest tax reform for 20 years set to buoy growth
April 22nd, 2016
China’s biggest tax overhaul in more than two decades starts on May 1, with changes set to reduce the burden on services companies and encourage factories to upgrade and innovate. Under the new system, taxes in the construction, property, finance and ...
Foreigners Buy US Debt, US Investors Buy Foreign Equity
April 22nd, 2016
When it comes to international flows of debt and equity, the US economy as a whole has developed an interesting pattern: those from other countries are net buyers of US debt, while US investors and firms are net buyers ...
Russian Official Calls for Criminal Liability for Bitcoin
April 21st, 2016
Russia’s Investigative Committee Chairman Alexander Bastrykin has, once again, opined that virtual and cryptocurrencies like Bitcoin are money substitutes or surrogates that need to be outlawed. He also claimed that virtual currencies are “often used” for the financing of ...
Now this car maker has admitted faking emissions test results
April 20th, 2016
Japanese car manufacturer Mitsubishi has admitted its employees falsified fuel economy tests data. The company confirmed that fuel efficiency tests broke Japanese rules in at least 600,000 of its vehicles, of which 157,000 part of its own-brand light vehicles and 468,000 ...
Global Legal firm and Cloud Legal services LawPath have formed a strategic alliance
April 20th, 2016
Emerging businesses can face significant difficulties accessing quality legal services when raising capital or formalising employment agreements. The capital raising phase is often the first time these businesses have sought legal advice, and the process can prove time consuming, ...
This Is How They Fool Us, China Edition
April 20th, 2016
So it seems that China’s economy, caught in the grip of a credit crisis just a few months ago, is all better. And so, by extension, is everyone else. As the Wall Street Journal explains it: ...
Asian Stock Rally Sputters as Crude Retreats; China Shares Slump
April 20th, 2016
Aussie, Kiwi fall from the strongest levels since June Oil slips to about $40 as Kuwait strike ends; silver gains A rally in Asian stocks stumbled as oil fell back to around $40 a barrel and Chinese equities slumped ...
Asian Stocks Advance as Oil Holds Near $40; Aussie, Kiwi Climb
April 19th, 2016
Korean won climbs to five-month high as gold declines Japan’s Topix jumps by most in a month as yen weakens Asian equities jumped by the most in a month as crude oil stayed within sight of $40 a barrel, ...
