Global stocks took a beating on Thursday as a fresh row between Washington and Beijing over U.S. legislation on Hong Kong threatened to undermine their trade talks and delay a “phase one” deal that investors had initially hoped to be signed by now.
Archives for November 2019
Should I Get a Year-End Tax Projection?
Tax time is looming on the horizon, but you don’t have to wait until those 1099s and W-2s become available early next year to begin planning. A year-end tax projection can help you take stock of the past year and identify ways to maximize your tax situation, retirement savings, charitable contributions, and more before the […]
Alibaba to exercise full retail tranche in Hong Kong listing – sources
Alibaba has exercised its full retail tranche, from 2.5% to 10%, in its Hong Kong secondary listing, thanks to oversubscription, three sources with direct knowledge of the matter told Reuters.
Alibaba to price shares at HK$176 in $12.9 billion Hong Kong listing – sources
Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing and is set to price its shares at HK$176 each, a 2.8% discount to their New York share price, sources with direct knowledge of the matter said.
Australia’s Westpac slapped with 23 million money laundering breaches
Regulators accused Australia’s Westpac Banking Corp of 23 million breaches of anti-money laundering laws, saying the banking giant ignored red flags and for years enabled payments from convicted child sex offenders and “high risk” countries.
The benefits of decoupling personal and business finance
Is your business and personal finance wrapped up together? If so, now might be the time to consider ‘decoupling’. Access to funding is critical for many small businesses. And, the reality is that traditional lenders don’t typically lend to businesses who don’t have an extensive trading history. As a consequence, many businesses have resorted to […]
Nifty, Sensex edge higher; bank, telecom stocks gain
Indian shares inched higher on Tuesday, driven by banking and telecom stocks after two major mobile network service providers said they planned to raise tariffs from next month.
Nifty, Sensex edge higher; bank, telecom stocks gain
Indian shares inched higher on Tuesday, driven by banking and telecom stocks after two major mobile network service providers said they planned to raise tariffs from next month.
Hit the road with First Class Accounts’ Carol Girvan
Having worked in financial services for 30 years, Carol Girvan has witnessed plenty of change in her time. Starting out in a payroll software company, where she worked for over a 15-year timespan, Girvan eventually decided to buy into the First Class Accounts franchise in 2003. She opened the doors to her Vermont, Victoria-based firm the following […]
J.P. Morgan Asset Management upgrades equities outlook
Fund manager J.P. Morgan Asset Management upgraded its outlook on global stocks on Monday, pointing to hopes for a breakthrough in Sino-U.S. trade talks, a reduced risk of a U.S. recession and a moderately positive earnings outlook.