Search Results for: economy
Japan PM Shinzo Abe dissolves parliament for election
November 21st, 2014
Japan’s Prime Minister Shinzo Abe has dissolved parliament, paving the way for a snap election. Mr Abe is seeking a new mandate for economic reforms and is delaying an unpopular increase in sales tax. But opinion polls conducted by ...
Wide global divergence in corporate governance requirements
November 21st, 2014
Adequate and effective corporate governance (CG) is critical in supporting boards and management to navigate uncertainty in the international business arena. Yet, a joint study by ACCA Singapore and KPMG in Singapore reveals a wide divergence in CG requirements ...
Emerging Stocks Fall on China, Euro-Area Slowdown; Ruble Gains
November 20th, 2014
Emerging-market stocks fell as manufacturing gauges in China and Germany retreated, dimming the outlook for exporters. The ruble rose as Russian companies sought funds to meet their tax commitments. The MSCI Emerging Markets Index lost less than 0.1 percent ...
Yen Falls to Seven-Year Low on Election Outlook as Won Drops
November 20th, 2014
The yen declined to a seven-year low versus the dollar amid speculation Prime Minister Shinzo Abe will win elections and extend his economic stimulus program. Japan’s currency dropped against all except one of its 16 major counterparts. A gauge ...
Cheap-Oil Era Tilts Geopolitical Power to U.S.
November 20th, 2014
A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others. Some changes already are evident. Surging U.S. oil production enabled America ...
As Ruble Falls Even Teeth Cost Too Much to Fix
November 19th, 2014
In Rostov-on-Don, a Russian port city of 1.1 million people just east of the Ukrainian border, signs of the fallout from the ruble’s collapse are everywhere. There’s the 27-year-old entrepreneur whose storage facility is packed to the ceiling with ...
Dollar hits seven-year high vs yen ahead of Fed minutes
November 19th, 2014
The dollar hit a seven-year high against the yen on Wednesday ahead of minutes from the U.S. Federal Reserve’s latest policy meeting, as investors bet on an increasingly divergent outlook for the world’s major economies. European stock markets turned ...
Permits Rise to Six-Year High as U.S. Housing Starts Decrease
November 19th, 2014
Residential-construction permits in the U.S. climbed in October to a six-year high, pointing to a pickup in homebuilding after activity cooled because of a slowdown in multifamily projects. Groundbreakings for single-family homes, condominiums and apartments fell 2.8 percent to a ...
3 Of The 10 Largest Economies In The World Have Already Fallen Into Recession – Is The U.S. Next?
November 19th, 2014
Are you waiting for the next major wave of the global economic collapse to strike? Well, you might want to start paying attention again. Three of the ten largest economies on the planet have already fallen into recession, and ...
Japan Elections Bring Noise, White Gloves and Stock Gains
November 19th, 2014
When an election is called in Japan, this is what happens: candidates with megaphones roam streets in minivans, party leaders give speeches outside Tokyo train stations, and stocks gain until polling day. In 11 elections since 1980, the Topix ...
