New Zealand’s central bank surprised investors by holding interest rates at an all-time low of 1% on Wednesday saying it saw no urgency to ease policy further, sending the kiwi dollar sharply higher.
Archives for November 2019
New Zealand central bank holds rates, clips doves’ wings as kiwi soars
New Zealand’s central bank surprised investors by holding interest rates at an all-time low of 1% on Wednesday saying it saw no urgency to ease policy further, sending the kiwi dollar sharply higher.
Chile’s finance minister calls for return to ‘normality’ as peso slides
Chile’s finance minister warned on Tuesday of the “grave consequences” for the nation’s economy of three weeks of often violent unrest, after the peso slid 4% to hit a historic low against the dollar.
Trump expected to delay European auto tariff decision – EU officials
U.S. President Donald Trump is expected to announce this week he is delaying a decision on whether to slap tariffs on cars and auto parts imported from the European Union, likely for another six months, EU officials said.
Business owners need these four crucial factors to attain successful business growth
Business owners need these four crucial factors to attain successful business growth | Reckon Blog Blog Post Home > Tips > Business owners need these four crucial factors to attain successful business growth
Amazon’s $1.5 million political gambit backfires in Seattle City Council election
Seattle voters, in a rebuke to heavy corporate campaign spending by Amazon.com, have kept progressives firmly in control of their city council, reviving chances for a tax on big businesses that the tech giant helped fend off last year.
Alibaba Singles’ Day sales hit $23 billion in first nine hours
Chinese e-commerce giant Alibaba Group Holding Inc on Monday said sales for its annual Singles’ Day shopping blitz hit 158.31 billion yuan (£17.69 billion) in its first nine hours, up 25% from 126.72 billion yuan at the same point last year.
BOJ debated whether to boost stimulus if inflation momentum stalls – October summary
Bank of Japan policymakers debated whether extra easing measures were needed to hit the central bank’s inflation target at its last policy meeting, a summary of opinions showed on Monday, as heightened risks threatened a fragile economic recovery.
Will you be giving your employee a gift this Christmas?
Many employers give their employees a gift at Christmas. If you are one of those generous employers have you considered whether there are any tax implications for the employee on the gift you give? Bonus Employers may give their employee a bonus at Christmas. A bonus must be added to their pay for the period […]
Saudi Aramco prospectus flags risks, gives few details on IPO size
By Saeed Azhar, Hadeel Al Sayegh, Aziz El Yaakoubi and Maher Chmaytelli