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News & Updates

April 19, 2015 Japan, U.S. Seek Trade Pact Deals on Rice, Auto Parts

Bloomberg - Japan bought 360,000 tons from the U.S. last fiscal year, almost half the volume that the nation must import under a îWorld Trade Organizationî deal. The country imposes a duty of 341 yen ($2.87) per...

April 17, 2015 Lawmakers Clear Path for "Fast Track" Trade Deal Face-Off

Source: NBC News

The leaders of congressional tax-committees in both chambers agreed to legislation Thursday to grant President Barack Obama "fast track" authority to negotiate on a sweeping, multinational trade deal.

April 15, 2015 China growth slowest in six years, more stimulus expected soon

Source: Reuters

China grew at its slowest pace in six years at the start of 2015 and weakness in key sectors suggested the world's second-largest economy was still losing momentum, intensifying Beijing's struggle to find the right policy mix to...

April 15, 2015 UK's FRC unveils proposals to simplify accounting rules

Source: TaxAssist.co.uk

The UK’s Financial Reporting Council (FRC) has issued new proposals in a bid to simplify its accounting rules, following the government’s move to implement the European Union’s Accounting Directive. The move could aid the...

April 15, 2015 5 things to know about G-7 foreign ministers’ meeting

Source: Salon

LUEBECK, Germany — Foreign ministers from the Group of Seven most industrialized nations are meeting in the German city of Luebeck on Tuesday and Wednesday

April 14, 2015 WTO cuts world trade growth forecasts for 2015 and 2016

Source: Reuters

Global goods trade will grow by 3.3 percent this year and by 4.0 percent in 2016, less than previously forecast, mainly due to sluggish economic growth, the World Trade Organization said on Tuesday.

April 9, 2015 Moody’s upgrades India’s sovereign ratings outlook

Source: Livemint

New Delhi: Rating agency Moody’s Investors Service on Thursday gave a much-needed booster to the Narendra Modi government ahead of the prime minister’s visit to France, Germany and Canada by revising India’s sovereign credit...

April 8, 2015 Saudi Arabia crude output at record high in March

Source: MarketWatch

Saudi Arabia raised its crude output to 10.3 million barrels a day in March, its oil minister Ali al-Naimi said, signalling an unexpected strong demand from its customers

March 31, 2015 Investors Are Piling Into Battered Greek Stocks

Yahoo Finance - The benchmark gauge moved an average of 3 percent a day in 2015, compared with 1.6 percent last year. The îStoxxî Europe 600 Index had average daily swings of 0.7 percent this year. More from...

March 27, 2015 US Isolated as Allies Line up to Join China-Led Bank

Source: ABC News

U.S. resistance to a Chinese-led Asian regional bank has left it isolated among its Asian and European allies and given some heft to China's frequent complaints that Washington wants to contain its rise as a world power.

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