International Finance

Tag : Wealth Management

Economy

Corporate Share Deals by Non Residents in Germany

International Finance Desk
Capital gains from the sale of a 1 percent or greater ownership interest in a German target by a non-resident are subject to German corporate income tax. 16th September 2013 In general, pre-existing tax losses of a German target company are proportionally forfeited if, within a five-year period, more than 25 percent of the shares...
Islamic Banking

Impediments to the Growth of Islamic Finance

International Finance Desk
The Islamic finance sector is estimated to be worth £ 1.2 trillion, and is expected to grow to £ 1.6 trillion by 2015. 13th September 2013 The 9th World Islamic Economic Forum or WIEF would be held from October 29th to 31st at ExCel London in the United Kingdom, first time outside the Muslim world....
Economy

Montreal Protocol could spell death knell to Emerging Economies

International Finance Desk
International Finance Magazine brings out the ill effects of Montreal Protocol on emerging economies such as India, Brazil, emerging dangers to the Indian Defence and Obama’s “personal” political priorities on signing the agreement. 13th September 2013 In recent years, focus on the international regime of climate change negotiations, notably represented by ongoing deliberations surrounding the...
Economy

U.K. Economy Stages Impressive Recovery

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...
Economy

Reverse Merger: Backdoor Method of Entering Marketplace

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...
Fintech

Italy Imposes Tax on High Frequency Trading

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...
FinanceWealth Management

Toxic Assets – Beginning of the End

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...
Uncategorized

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

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...
FinanceWealth Management

Importance of having a Condominium Insurance

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...