Tag Archives: the

Royal Bank of Scotland pays back £1.2bn to the Treasury

Edinburgh-based bank makes payment to government under scheme agreed in 2009 George Osborne is hoping to generate £25bn of revenue from the sale of RBS shares in this parliament. Photograph: John Keeble/Getty Images Royal Bank of Scotland is paying £1.2bn to the Treasury to buy out a crucial part of its £45bn bailout in a step towards returning the bank ... Read More »

ANZ’s bad loans to miners are just ‘tip of the iceberg’, analysts say

Bank says writedowns have risen $100m to $900m in a month thanks to commodity prices but analysts point to a crisis for coal industry ANZ increased its projected costs associated with lending to the mining and resources industries from $800m to $900m. Photograph: Greg Wood/AFP/Getty Images An announcement today that ANZ is absorbing a bigger than expected loss as a ... Read More »

The Most Important Skills for Succeeding in Engineering Career

The first step towards a successful engineering career is scoring a good score in JEE Mains and Advanced. This is why students start checking JEE Mains rank predictor and JEE Advanced cut-off once they are done with the exam. Due to the fierce competition in engineering job market, it is important that you are aware of the necessary skills you ... Read More »

The Benefits of Having a Line of Credit

Could you imagine winning the Powerball when the jackpot was over $1.5 billion? That would certainly take care of your bills. In fact, you could probably pay for all of our family’s bills and still have more than enough left over to never have a single worry ever again. Unfortunately, you didn’t win that jackpot, nor are the chances of ... Read More »

New Zealand cuts interest rates for the fifth time since June

In a surprise move, the Reserve Bank of New Zealand (RBNZ) has cut its lending rates for the fifth time since June last year to a record low of 2.25%. The bank said the 25 basis point cut was due to global growth worries and weaker demand from China – an important trade partner. New Zealand is the world’s largest ... Read More »

The Guardian view on the Irish election: economic pain for no political gain

The voters don’t do gratitude, self-pitying politicians are wont to moan. For technocratic admirers of Dublin’s outgoing Fine Gael/Labour coalition, the Irish election of 2016 has proved the point. In 2011, a near-bankrupt and recently bailed-out republic turned to Enda Kenny as a new broom, and his government enjoyed a record majority. Five years on, the economy is growing at ... Read More »

The Benefits Of Document Shredding

Despite growing awareness of mass marketing fraud, it’s still one of the largest threats to Canadian citizens and businesses. In 2014 alone, there were over 14,000 victims of this crime, reporting over $74 billion in damages to the Canadian Anti-Fraud Centre. Ontario is home to the majority of these cases, and it saw the highest amount of dollars lost. When ... Read More »

Historical pattern says the risk of a 2016 bear market is zer

In physics, escape velocity is the minimum speed needed for an object to break free from the gravitational attraction of a massive body. What is the “escape velocity” needed for stocks to break their down trend? Unlike in physics, there is no fail-proof formula for stocks. However, based on history, the S&P 500 just rallied strongly enough to end its ... Read More »