Middle East Must Diversify Away from Oil, Says ICAEW
Growth in the Middle East has slowed but the region is still outperforming much of the world, according to ICAEW's latest quarterly report. With much of that growth driven by high oil prices and...
View ArticleMarket Close: Muni Yields Remain Stable as Large Deals Arrive
Byline: James Ramage The weekas largest issues arrived fast and furious Tuesday. And as they did, investors snatched them quickly, lending the municipal market a solid mien as the year end approached....
View ArticleFor 2013 Fitch Has More Negative Than Positive Outlooks
Byline: Robert Slavin For 2013, Fitch Ratings has more negative than positive outlooks on state and tax-supported local governments. While Fitch does not assign a rating outlook for the entire...
View ArticleDetroit Cash Hole "Deeper Than Thought," State Help Needed
Byline: Caitlin Devitt CHICAGO a A top official in Detroit Mayor Dave Bingas administration told the City Council Tuesday that getting Michigan to release bond funds is the only way to make it through...
View ArticleMoody's Downgrades to A3 Southern California PPA San Juan Coal Revenue Bonds
Moody's Investors Service said it has downgraded to A3 from A2 the rating on the outstanding Southern California Public Power Authority's (SCPPA) $101.8 million San Juan Project revenue bonds. The...
View ArticleTen to Downgrade Profit, Raise Capital
Byline: Ben Holgate and Michael Smith Dec 05, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Ten Network is tipped to announce a profit downgrade due to declining revenue. The stock...
View ArticleCascade's A-List of Investors
Byline: Jamie Freed Dec 05, 2012 (The Australian Financial Review - ABIX via COMTEX) -- A range of prominent businesspeople have been revealed as investors of a combined $A28m in Cascade Coal, the...
View Article-Moody's Cuts Outlook for South African Banking System
Global Banking News-December 5, 2012--Moody's cuts outlook for South African banking system(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 05 December 2012 Moody's Investor...
View Article-Commonwealth Bank Criticises Rivals for Running NFC Trials
Global Banking News-December 5, 2012--Commonwealth Bank criticises rivals for running NFC trials(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 05 December 2012 The Commonwealth...
View Article-Renminbi Reserves at Taiwan Banks Reach Record High
Global Banking News-December 5, 2012--Renminbi reserves at Taiwan banks reach record high(C)2012 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 05 December 2012 Taiwan banks have...
View ArticleQatar Holding Ups Its Stake Qatar Exchange
Qatar has upped its stake in its bourse from 80 per cent to 88 per cent, with NYSE Euronext holding the remaining 12 per cent stake According to a press statement issued by Qatar Exchange ( QE )...
View ArticleBank Muscat Recognised for E-Government
Bank Muscat has won the coveted Sultan Qaboos Award for Excellence in e-Government for its mBanking mobile services AbdulRazak Ali Issa, Chief Executive, received the award at the event held under the...
View ArticleOnes to Watch
Byline: Milana Pokrajac Dec 06, 2012 (Money Management - ABIX via COMTEX) -- The Australian Securities & Investments Commission appeared to adopt a more collaborative approach to the financial...
View ArticleTop 5 Fails
Byline: Milana Pokrajac Dec 06, 2012 (Money Management - ABIX via COMTEX) -- Standard & Poor's (S&P) and Banksia Securities were among the top five "fails" in the financial services sector in...
View ArticleSMSF Obligations Not for All
Byline: Damon Taylor Dec 06, 2012 (Money Management - ABIX via COMTEX) -- The growing importance of self-managed superannuation funds (SMSFs) has been acknowledged by Pauline Vamos. However, the CEO of...
View ArticleTop 5 Acquisitions
Byline: Tim Stewart Dec 06, 2012 (Money Management - ABIX via COMTEX) -- AMP's purchase of Cavendish Group was one of the more prominent takeovers within the financial services sector in 2012. The...
View ArticleTop 5 Policy Issues
Byline: Chris Kennedy Dec 06, 2012 (Money Management - ABIX via COMTEX) -- The Accounting Professional & Ethical Standards Board's APES 230 was one of the top five policy issues affecting the...
View ArticleSMFSs Coexist with Conventional Funds
Dec 06, 2012 (Money Management - ABIX via COMTEX) -- Conventional superannuation funds need to acknowledge that they cannot compete with all the flexibility that self-managed super funds (SMSF) can...
View ArticleInsurers Back FOS Process
Dec 06, 2012 (Money Management - ABIX via COMTEX) -- The Financial Ombudsman Service (FOS) oversaw just over 36,000 disputes in 2011-12, according to its latest annual report. The Insurance Council of...
View ArticleASIC Warns against Unsolicited Investment Offer
Dec 06, 2012 (Money Management - ABIX via COMTEX) -- Investors on the Sunshine Coast in Queensland have been urged to ignore letters from a company called Swiss Private Capital. Greg Tanzer from the...
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