Search Results for: tax
Japan’s Central Bank unexpectedly moves to stimulate economy
October 31st, 2014
The Bank of Japan will buy larger quantities of government debt in an effort to battle deflation. After insisting for more than a year that its aggressive monetary policy was sufficient to revive Japan’s economy and end deflation, the ...
Banque Internationale À Luxembourg Opens DIFC Branch
October 31st, 2014
Banque Internationale à Luxembourg (BIL), the oldest bank in Luxembourg, announced on October 27, 2014, that it has opened its first United Arab Emirates (UAE) branch in the Dubai International Financial Centre (DIFC). The bank said the opening of ...
China Planning Additional Free Trade Zones
October 30th, 2014
Chinese President Xi Jinping has said that, after more than a year since Shanghai’s pilot free trade zone (FTZ) was first launched, its example should now be copied in more provinces as soon as possible. About 12,000 businesses have ...
European Stock-Index Futures Advance After Fed Ends QE
October 30th, 2014
European stock-index futures rose, indicating European equities will extend a two-day gain, after the Federal Reserve judged the U.S. economy strong enough to end its asset-purchase program. U.S. index futures were little changed, while Asian shares retreated. Bayer AG ...
Barclays Third-Quarter Profit jumps, sets aside FX probe
October 30th, 2014
Barclays Plc (BARC), the U.K.’s second biggest bank by assets, said third-quarter profit unexpectedly rose in the third quarter as the bank set aside 500 million pounds ($799 million) to settle probes into currency markets. Adjusted pretax profit rose ...
Japan Factory Output Enjoys Fastest Pace in Eight Months
October 29th, 2014
Japan’s industrial production rose at its fastest pace since the beginning of the year in September, data showed on Wednesday. Industrial production rose 2.7 percent on month, above expectations for a 2.2 percent rise and up from a 1.9 ...
Hong Kong-Shanghai Stock Connect delay hits bourse shares
October 27th, 2014
Shares of Hong Kong Exchanges and Clearing have tumbled by as much as 5% to a six-month low after a landmark scheme to connect it with Shanghai’s stock market was delayed indefinitely. Hong Kong’s benchmark Hang Seng Index also ...
2015 trends: Accountants and technology
October 24th, 2014
Love it or hate it, technology is permanently changing, and accountants are now expected to keep abreast of these fluctuations in order to keep clients happy. Gone is the day – and many may rue it – of employing ...
Dollar firm around 108 yen on eased concern about global economy
October 24th, 2014
The U.S. dollar stayed relatively firm around 108 yen Friday morning in Tokyo on eased worries about the global economy, but caution over another Ebola infection in the United States capped the currency’s further gain. At noon, the dollar ...
Investing: Can you retire on $1 million?
October 24th, 2014
Probably. But you have to be smart about your investments and your withdrawals. some tips. If you read any financial advertising, you know that your savings are inadequate, and you’re likely to freeze to death in the dark a ...
