Search Results for: economy
PwC UK achieves strong growth: 2015 financial highlights
September 14th, 2015
Firm launches innovative digital annual report PwC, the professional services firm, has today (14 September) reported revenue growth of 10 percent to £3,083 million for the year ended 30 June 2015, up from £2,814 million the previous year. Profits ...
This Is Actually Going To Happen Next Year
September 14th, 2015
The intellectual groundwork is being laid for the next stage of the Money Bubble, and it’s going to be epic. Here are excerpts from two articles that appeared over the weekend (and which should be read in their entirety). ...
Oil prices dip as demand stalls – IEA releases Oil Market Report for September
September 14th, 2015
Oil prices dipped on Monday in Asia as weakening demand weighed on markets, although U.S. futures received some support from reduced American drilling. Front-month Brent crude futures LCOc1 were down 37 cents at $47.77 per barrel at 0448 GMT. U.S. crude ...
Chinese shares lead Asia lower on economic fears
September 14th, 2015
Mainland Chinese shares led the rest of the region lower as a raft of government data over the weekend pointed to more signs of weakness in the Chinese economy. Growth in both fixed-asset investment, up 10.9% in August from a ...
Global Markets: Stocks end solid week on cautious note
September 11th, 2015
Stocks stay on track for best week in eight Fed rate decision next week hangs in the balance “Quite a fragile time” – equity fund manager Global stocks around the world slipped into the red on Friday but remained ...
Why Vladimir Putin Won’t Be Helping OPEC to Cut Oil Production
September 11th, 2015
Past attempts at cooperation proved `dismal and disappointing’ Siberian winter makes it difficult to be swing oil producer Few things have more potential to spook the oil market than the prospect of Russia joining forces with OPEC. Speculation that such ...
Tax systems to support creation and success of Small and Medium-Sized Enterprises (SMEs)
September 11th, 2015
SMEs form the vast majority of businesses in most countries and contribute strongly to employment and economic growth, but they face distinct challenges, particularly as concerns access to finance and relatively high tax compliance costs. Governments have a range ...
Equity markets and credit contraction
September 11th, 2015
There is one class of money that is constantly being created and destroyed, and that is bank credit. Bank credit is created when a bank lends money to a customer; it becomes money because the customer draws down this ...
Visa, Citi, Nasdaq, Fiserv and Capital One back blockchain startup Chain
September 11th, 2015
Five financial services heavyweights have joined in a $30 million funding round for blockchain startup Chain, which is aiming to overturn Wall Street conventions for the issuing and handling of financial securities. Investors in the round include Visa, Nasdaq, ...
Looming FOMC meeting keeps Asian stocks on edge
September 11th, 2015
Asian stocks see-sawed on the final trading day of the week, as investors eyed increased uncertainty heading into the Federal Reserve‘s crucial meeting on interest rates next week. The Fed is widely expected to raise its near-zero interest rate as ...