Transfer pricing regulation and impact
Transfer pricing remains a strategic focus for multinational corporations, intricately linked to their global tax strategies and compliance frameworks.
EU regulatory outlook: Financial services policy agenda 2024-2029
As the European Union embarks on a new legislative term, it navigates a multifaceted and challenging environment characterized by significant uncertainty and a global geopolitical divide.
Retail Trader Sentiment Analysis – FTSE 100, GBP/USD, and EUR/GBP
Gauge market dynamics by examining sentiment indicators, position ratios, price fluctuations, and technical signals to determine prevailing bullish or bearish trends
Record sales of green bonds in the first half of 2024
Green bonds sales in the first half of the year topped $356 billion – the busiest half year observed since the market’s inception, data compiled by Bloomberg show.
Rupee Ends at Record Closing Low, Likely RBI Intervention Helps Cap Losses
MUMBAI, July 19 Reuters The rupee fell to its weakest closing level on record on Friday even as likely intervention from the Reserve Bank of India helped limit the pressure from a decline in its Asian peers and persistent dollar bids from two large foreign banks pressured the currency, traders said. The rupee closed at […]
Tech SellOff, Cyber Outages Cap Choppy Week for World Markets
US futures fall amid tech rout, Microsoft down Global cyber outage and disruption weighs on mood Dollar set for weekly gain LONDON, July 19 Reuters World stocks pulled back from record highs on Friday as investors continued to rotate away from megacap growth stocks, while a global cyber outage hit services from airlines to banks and financial […]
China to Boost Support for Equipment Upgrades and Consumer Goods TradeIns
BEIJING, July 19 Reuters China will step up support for its program of equipment upgrades and consumer goods tradeins, state media reported on Friday, citing a cabinet meeting. China will expand support for equipment upgrades to sectors of energy, electricity and batteries, the cabinet was quoted as saying. Largescale equipment upgrades and replacement of consumer […]
US Regional Banks Q2 Profits Squeezed by Deposit Costs, Tepid Loan Demand
July 19 Reuters Several U.S. midsized and regional banks reported a fall in their secondquarter profit, as income from charging customers interest was squeezed by higher deposit costs and tepid demand for loans. Most U.S. banks are expecting a decline in net interest income NII this year as high interest rates have impeded loan activity, […]
Japan Attracts Record 3.14M June Visitors as Weak Yen Draws Travellers
TOKYO, July 19 Reuters Japan set a record high for monthly visitors in June, official data showed on Friday, as its weak yen fuelled a tourism boom that is becoming a key driver for the economy. The number of foreign visitors for business and leisure was 3.14 million last month, exceeding the previous monthly record […]
AmEx Lifts 2024 Profit Forecast on Robust Spending by Affluent Customers
July 19 Reuters Credit card giant American Express raised its fullyear profit forecast on Friday, as its wealthy customers persisted in splurging on travel, dining and entertainment. The company also reported betterthanexpected secondquarter profit, underscoring the benefit it has enjoyed by focusing on a premium customer base. AmEx39;s affluent cardholders have somewhat insulated it from weakness […]