Similar Posts
Denmark Ranked as “Best For Business” by Forbes
For the second year in a row Forbes magazine has ranked Denmark as the best country for business, placing it at no.1 in their global league table ‘Best countries for business’. Forbes has been publishing the list for the past decade, and Denmark has ranked first in six of the ten annual editions. Denmark has…
May Will Create Defining Legacy After Winning Her Brexit Battle
In November 2016 Britain’s High Court ruled that British Prime Minister Theresa May needed the backing of Parliament to trigger Article 50, a landmark ruling which fuelled speculation that Brexit may be thwarted by pro-EU politicians. Three months on and May has not only secured Parliamentary backing with ease, but has also strengthened her position…
A WEEK IN FINANCIAL MARKETS
Equity markets ended last week on a positive note, with rises across the board on Friday, including the FTSE All-Share and Euro STOXX 600 which were both up +2.6% and the S&P 500 up +3.1%. The S&P ended up +6.5% for the week, the Dow Jones up +5% and the NASDAQ up +7%, making it…
British Expat Pensioners Face Tax Increases
British overseas pensioners holding pensions offshore will be liable to pay more tax under new plans outlined by the Government. Currently, people who draw income from Qualified Registered Overseas Pension Schemes (QROPS) only pay 90% income tax on income generated by the fund. However, new proposals will make expat pensioners liable for the full income…
A WEEK AT A GLANCE
In the US the Dow Jones closed in positive territory, driven by gains among energy and financials stocks, while the NASDAQ declined -1.3% and S&P 500 was down -0.3% due to the tech selloff. The US dollar index almost reached 100, its highest level since 2017. Markets are still dominated by recession fears, as well…
What is a bear market and why it matters?
Recently the term “bear market” appear more and more in conversation. But what does it mean? Bears and bulls are common animal metaphors used in the stock market. Think about how these animals attack their prey: a bull would raise its horns upward, while a bear reaches with its head downward. Generally these terms indicate…