Tuesday - Sep 26, 2017

Global Economy

European Commission piles on the pressure on Ireland, the Netherlands and Luxembourg over their magnanimous tax practices

European Commission piles on the pressure on Ireland, the Netherlands and Luxembourg over their magnanimous tax practices

Tax experts employed in the EU are reportedly taking a very close look at the actions of Southern Ireland, the Netherlands and Luxembourg to throw some light on fears that the countries’ tax treatment of multinationals may be tantamount to turning a blind eye, if not encouraging corporate tax avoidance, in return for attracting investment

China’s economy heading for a downturn?

China’s economy heading for a downturn?

Recently released statistics show that China’s exports continue to grow in May, while the bad news for financial analysts in the world’s second-largest economy was that imports, particularly for raw materials dropped in the month, signalling the beginning of a possible weakening for exports in the coming months. The country’s exports rose by 7% in


Stock markets in Europe hit their highest levels as Asia shows some signs of faltering

Stock markets in Europe hit their highest levels as Asia shows some signs of faltering

European stocks hit a six year high as the market opened over the weekend, while the disappointing data coming out of China is of slowing activity in the country, which has hit Shanghai shares. With the US economy stuttering, after retail sales grew by just 0.1% in April, compared with growth of 1.5% the month