Search Results for: mining
Australia central bank cuts growth forecasts
May 8th, 2015
The Reserve Bank of Australia has lowered its growth and inflation estimates for 2015 and 2016, saying the economy will continue to grow at a subpar rate for a longer than expected period. The Australia dollar had a brief ...
Breakdown of US Corporate Profits
May 6th, 2015
Although the US corporate income tax is an almost continual subject of dispute, most people don’t know any details about what kinds of corporations that earn the profits. For example, are the companies earning profits disproportionately large or small? ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
May 5th, 2015
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, effective 6 May 2015. The global economy is expanding at a moderate pace, but commodity prices have declined over ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...
Federal Reserve issues FOMC statement
April 30th, 2015
Information received since the Federal Open Market Committee met in March suggests that economic growth slowed during the winter months, in part reflecting transitory factors. The pace of job gains moderated, and the unemployment rate remained steady. A range ...
Dollar regains footing, Kiwi falls on RBNZ comments
April 23rd, 2015
Dollar broadly firm, US housing data beats expectations Euro hurt by concerns over Greece BOE minutes less dovish than expected, wrong footing markets Swiss franc under renewed pressure The U.S. dollar held firm on Thursday after strong U.S. housing ...
Central Bank of Germany issued April Monthly Report
April 22nd, 2015
Structural developments in the German banking sector The financial and sovereign debt crisis which has afflicted the euro area for more than seven years now has clearly left a mark on the financial market, having forced monetary policymakers to ...
Top 5 overseas contracting hotspots of 2015
April 20th, 2015
Due to weaker economic global activity, 2014 proved to be a difficult year for some countries and contracting opportunities may have not registered the expected demand, writes Helene Truffa of Capital Consulting, an international tax and employment advisory. In ...
Latest update on Alpari (UK) Limited in Special Administration
April 16th, 2015
KPMG released an update regrading Client Claims and Client Money Pool (“CMP”) of Alpari (UK) Limited. The Joint Special Administrator’s released the following: CMP Illustrative Financial Outcome as at 8 April 2015 Valuation of Swiss currency pair trades CMP ...
Bitcoin Marketplace is shutting its doors
April 7th, 2015
US bitcoin marketplace Buttercoin is shutting its doors, despite launching with at least $1.3m in investor backing just four months ago. In a farewell post to customers today, the Buttercoin team announced the service will go offline this Friday (April 10th) at ...
