Thursday, Dec 26, 2024

International Finance

Tag : international Finance magazine

Economy

U.K. Economy Stages Impressive Recovery

International Finance Desk
by International Finance Desk
The Organisation for Economic Co-operation and Development (OECD) said the U.K economy is growing at an annualised rate of 3.7 percent this quarter and some economists reckoned it could top 4 percent by the end of this quarter. 12th September 2013 Britain’s economy has finally started to recover from recession as  surveys showed business activity...
Read more
Economy

Reverse Merger: Backdoor Method of Entering Marketplace

International Finance Desk
by International Finance Desk
Reverse merger also gives additional liquidity to the company as the resources of the two companies are combined together, this process is also known as reverse takeover. 11th September 2013 Earlier in July, Ultra Sun Corporation successfully completed a reverse merger transaction with Wild Earth Naturals Inc., in which Wild Earth became a wholly owned...
Read more
Fintech

Italy Imposes Tax on High Frequency Trading

International Finance Desk
by International Finance Desk
The 0.02 percent tax applies to derivative deals lasting less than half a second and to transactions involving Italian stocks or indices calculated on the basis of the product’s overall value. 10th September 2013 Italy has implemented a new tax on high frequency trading on its stock markets becoming the first country in the World...
Read more
FinanceWealth Management

Toxic Assets – Beginning of the End

International Finance Desk
by International Finance Desk
Many banks have managed to cut down their toxic assets, Citigroup for example, cordoned off its troubled assets in January 2009 with its creation of Citi Holdings. 10th September In this article International Finance Magazine explains what is a toxic asset,fall of Lehman brothers, misuse of Repo 105 and its implications on the world. An...
Read more
Uncategorized

Will “Revolving Door” Stand as an Obstacle to Fed’s Chair?

International Finance Desk
by International Finance Desk
Who will take over the most coveted administrative positions in the world. September 10,  2013 : In the early 1990’s America experienced a bout of recession due to the moves by the U.S. Federal Reserve to raise interest rates and Iraq’s invasion of Kuwait in the summer of 1990, the American housing market collapsed as a...
Read more
Islamic Banking

Islamic Banking and Profit Fairness

International Finance Desk
by International Finance Desk
Several scholars today sense the danger that that method of calculating profit represents to the Islamic financial industry as a whole. Islamic finance is a moral financial model based on divine principles, the most important of which is justice. There are many Quranic verses and Hadiths that deal with this, such as: “We sent aforetime...
Read more
FinanceWealth Management

Importance of having a Condominium Insurance

International Finance Desk
by International Finance Desk
Condo owners need to take in to consideration additional coverage for the building on their condominium association’s master insurance and coverage. 9th September 2013 CTV News, reported that a growing population and a modest job growth will prevent condo markets in Canada’s major cities from crashing, a report from Conference Board of Canada said. Sales...
Read more
Islamic Banking

Role of Shariah in Equity Based Financing

International Finance Desk
by International Finance Desk
The issue of how Shariah can support the development of equity-based financing is one that affects the growth of the industry. The issue of how Shariah can support the development of equity-based financing is one that affects the growth of the industry, said a much sought-after Shariah scholar of Islamic finance. “Since the inception of...
Read more
FinanceWealth Management

Mechanic’s Lien

International Finance Desk
by International Finance Desk
In this article, International Finance Magazine explains what is a mechanic’s lien, how does it benefit the debtor, exemptions for payment of a mechanic’s lien and the most common mistakes while filing a mechanic’s lien. 6th September 2013 A mechanic’s lien is a debt collection method used in the court for guaranteeing payment for services...
Read more