Search Results for: economy
Europe ‘must do more to tackle tax dodging’
December 30th, 2014
Labour MEPs are pushing the European Commission to do more to tackle tax avoidance – a subject that has plagued Commisison President Jean-Claude Juncker – and to come forward with concrete legislation that will clamp down on this pernicious ...
Asia to test bond record again in 2015
December 30th, 2014
Asia could set another record for international bond issues in 2015 if Chinese companies continue to borrow offshore at the same voracious pace they did this year, while bankers expect a heavy redemption schedule and larger pipelines from India ...
Top 10 Reasons to Abolish the Corporate Income Tax
December 30th, 2014
America’s corporate income tax rate, at 35%, is the highest in the world. A rising chorus would like to bring it more in line with foreign rates, which average around 23%. I have a better idea—abolish the tax. The ...
Rouble strengthens as Russia sells $80m in foreign reserves
December 30th, 2014
Russian currency is being hurt by falling oil prices and Western sanctions over Ukraine The rouble has strengthened sharply, reversing steep losses on Monday, with traders saying modest foreign-currency sales in a thin market were driving the Russian currency ...
Saudi Arabia will allow foreigners to own stakes in its listed companies
December 30th, 2014
Saudi Arabian stocks rallied yesterday amid signs that that the world’s biggest oil exporter would allow foreigners to own stakes in its listed companies by April next year. The drop in oil prices, however, may deter investment in the ...
Euro Falls to Two-Year Low Amid Greek Concern as Yuan Weakens
December 30th, 2014
The euro declined to a two-year low versus the dollar on concern anti-austerity opposition party Syriza will win Greek elections next month, endangering the country’s bailout agreement. The 18-nation euro fell versus 11 of its 16 major counterparts amid ...
The Real Value of an Advisor: ‘Risk’ and ‘Managing’
December 29th, 2014
Most advisors have probably had an interesting dialogue with their clients this year about the markets, just as they did in 2008 and 2009. However, today’s dialogue is likely to be more about not making as much as the ...
5 Worst Performing Markets of 2014
December 29th, 2014
These indices have been hit hard by headwinds over the past 12 months, resulting in losses for investors. What does the future hold for these five indices? MSCI Russia Russian corporates this has been a terrible year, though it ...
Euro Is 0.3% From Two-Year Low Before Greek Ballot; Aussie Gains
December 29th, 2014
The euro traded 0.3 percent from a two-year low as Greece’s prime minister attempts to get his presidential candidate confirmed and avoid an early parliamentary election that risks severing the nation’s international lifeline. Australia’s dollar rose for a fourth ...
Global Oil: Production, Politics, Price and Pain
December 23rd, 2014
The drop of oil prices in the past six months is all over the headlines with all sorts of opinions about how this is good or bad for economies around the world, consumers and corporations. Like everything there are ...
