This article was sourced from Bloomberg Markets. Get caught up on what’s moving markets in Asia. UN sanctions on North Korea may delay U.S.-China trade spat, oil majors meet in Abu Dhabi, and the dollar finally delivers. Here are some of the things people in markets are talking about. Trade-Offs The United Nations Security Council has imposed […]
This article was sourced from Bloomberg Markets. Every week, hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance and economics. We use money everyday, but it’s rare to actually think about what money is or what it represents. In fact many of the people who are the closest to it […]
This article was sourced from Reuters. Additional reporting by Divya Chowdhury in MUMBAI; Editing by Martin Howell SINGAPORE — Asian investors, wary that the region’s stock markets and currencies have run up too far too fast and wondering whether it is time to take some money off the table, are finding that their concerns are […]
This article was sourced from Bloomberg. Article by Joshua Brustein. GrubHub Inc. is gobbling up its smaller competitors, but trading them in for much, much larger ones. On Thursday, the company said it would buy Eat24 from Yelp Inc. for $288 million in cash, well over twice the $134 million Yelp paid for the smaller food delivery […]
This article was sourced from Daily Political. Article by Latisha Jones. Media coverage about H&R Block (NYSE:HRB) has trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of […]
This article was sourced from Bloomberg. Article by Sarah Jones. Banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit, according to Oliver Wyman Inc. The extra money is equivalent to 15 percent to 30 percent of the capital that wholesale […]
This article was sourced from Forbes. Article by John Ivanoski. The financial services industry is focusing on growth again. After eight years of cost cutting, increased regulation and operating in a low interest rate environment, firms are putting renewed emphasis on acquisitions, new product development and improving the customer experience. iStock For financial institutions, RegTech can improve […]
In delivering his second Federal Budget last night, Scott Morrison, Federal Treasurer, has committed to the principles of “fairness, opportunity and security”. Bentleys’ team of tax experts has reviewed the budget in detail. Click here to read our full report on key tax and superannuation measures. In brief, the Government is aware of electorate frustration and is keen to […]
This article was sourced from Bloomberg Markets. Article by Mai Ngoc Chau. The first Vietnamese bank granted government approval to sell a majority stake to a foreign investor could attract an investment of at least $700 million. Saigon Joint Stock Commercial Bank, the fifth-largest by assets, said it’s in talks to draw that investment by selling […]
This article was sourced from Bloomberg Markets. Article by Stefania Spezzati. The euro jumped against the dollar after the first round of the French election showed that centrist Emmanuel Macron and nationalist Marine Le Pen were set to reach next month’s run-off. The shared currency traded 1.8 percent higher at $1.0920 by 10:00 p.m. London time, paring […]
This article was sourced from The Paramus Post. H&R Block to host free shred event in Selden and Lakewood NEW YORK, N.Y. – Three million Americans annually report tax identity theft and the IRS has paid out an estimated $5 billion in fraudulent returns for a single year. While cyber attacks pose a major threat, not […]
This article was sourced from Business Insider. Article by Simon Thomson. A 40% tax rate on multinational companies that use overseas tax havens to avoid paying tax in Australia was passed by the Senate last night. The diverted profits tax (DPT), also known as the “Google tax”, was a key part of treasurer Scott Morrison’s budget […]
This article was sourced from ABC News. Article by Michael Edwards. The Reserve Bank is introducing new technology this year which will push Australia even further towards being a cashless society. Later this year the bank will roll out a new system called the New Payment Platform (NPP). The NPP will mean money can be transferred […]
This article was sourced from Bloomberg. Article by Emily Cadman. Three units of London-based Barclays Plc have been penalized by Australia’s securities regulator for failing to tell clients they didn’t hold local financial services licenses and instead were regulated overseas. Under the Australian regime, foreign firms which offer services to the wholesale market can obtain exemptions […]
This article was sourced from The Guardian. Article by Rupert Jones. Complaints to the financial ombudsman about payday loans have risen to almost 200 a week – and not all of those experiencing problems necessarily fit the image of low-income borrowers relying on short-term loans to get by. During the second half of 2016 the Financial […]
This article was sourced from Letters from Norway. Article by Nick Kamran. Sweden’s welfare state supposedly allows for success while providing a safety net for those unable to keep up with the market. In principle, it is an ideal state, achieving a utopian like state. However, Sweden’s touted economic success has come at the expense of the […]
This article was sourced from Independant.IE. Article by Louise McBride. It could take another 15 years for Irish women to get paid the same as Irish men for the same job – because of gender inequality in the workplace, according to a recent report by PricewaterhouseCoopers (PwC). It found, on average, Irish women earn 15pc less than […]
This article was sourced from The Irish Times. Article by Derek Scally. German banks say asking prices out of step with reality Billy Telford scored a coup for his Berlin property company, Next Estate, when he nabbed Ai Weiwei as the Chinese art superstar happened to be passing by the shop one day last year. Telford, […]
This article was sourced from Zero hedge. Article by Wolf Ritcher. “Flat sales” are now a “welcome change.” The New Normal. National restaurant data and anecdotal evidence has been piling up. “T Vogel,” a commenter on WOLF STREET, put it this way: My wife and I make almost 30k more than the median family income in […]
This article was sourced from Business Insider. Article by David Scutt. Australia is likely to avoid a technical recession — defined as two consecutive quarters of negative economic growth — when the ABS releases its December quarter GDP report next Wednesday, March 1. All 25 economists polled by Bloomberg expect a positive growth quarter, forecasting a […]