Search Results for: economy
Interview with Danièle Nouy, Chair of the SSM
August 26th, 2014
Interview with Danièle Nouy, Chair of the Supervisory Board of the Single Supervisory Mechanism (SSM), conducted by Theano Theiopoulou from Phileleftheros newspaper: 1. How is preparatory work for the Single Supervisory Mechanism (SSM) progressing? Will everything be ready by 4 November? As ...
Japan government turns more cautious on weak factory output
August 26th, 2014
Japan’s government turned slightly more cautious about factory output and flagged a risk that April’s sales-tax hike could have prolonged effects, a sign that the world’s third-biggest economy is struggling with the higher tax and further stimulus might be ...
Supreme Court’s coal block ruling may cause further economic impact
August 26th, 2014
A mass cancellation of coal blocks awarded since 1993 could cost India up to $3 billion in additional imports and hurt financial firms that have lent to the sector, broking firms said on Tuesday. Apex court ruled on Monday ...
Asian shares firm, euro struggles on ECB easing hopes
August 26th, 2014
The euro hit its lowest level in nearly a year against the dollar and euro zone government bond yields fell on Tuesday on growing expectations the European Central Bank could ease monetary policy as soon as next week. The ...
Canadian corporate tax attracts U.S. companies
August 26th, 2014
Canada has become the latest frontier for U.S. companies fleeing the high cost of business, spurred by low corporate taxes and a policy that keeps international earnings out of the clutches of the Internal Revenue Service. It’s “not fair” ...
OSB Daily Technical Analysis
August 26th, 2014
OSB Daily Technical Analysis for August 26, 2014 EUR/USD A gap lower for the EUR/USD following the announcement of ECB intentions to stimulate the economy. Support is at the 52 week low close at 1.3105. A close below this ...
Euro falls, stocks rise on ECB stimulus bet
August 25th, 2014
The euro fell to a near one-year low against the dollar and euro zone stocks and bonds rallied on Monday as investors positioned for rising chances of further policy easing by the European Central Bank. ECB President Mario Draghi ...
BofA Tax Set-Aside and Wylys Penalty
August 25th, 2014
Bank of America Corp. must set aside $490 million of its Aug. 21 $16.7 billion settlement to cover taxes that borrowers face on forgiven mortgage debt — a step taken by the Justice Department to give homeowners relief that ...
US Study Compares Worldwide Corporate Tax Rates
August 25th, 2014
The Tax Foundation (TF) has issued a paper which shows how the United States corporate income tax rate, now the highest among the 34 industrialized nations of the Organization for Economic Cooperation and Development (OECD), ranks against all of ...
Draghi rules ECB Action
August 25th, 2014
Inflation expectations have deteriorated across the euro area and signaled policy makers are ready to add fresh monetary stimulus, according to the European Central Bank president, Mario Draghi. Yet officials aren’t finished with measures to stave off Japan-style stagnation. ...
