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Vía All News on ‘The Twitter Times: Muzaffar69/corpgov’ http://bit.ly/2fwi9Hi
Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...
Vía All News on ‘The Twitter Times: Muzaffar69/corpgov’ http://bit.ly/2fwi9Hi
Trump: "I greatly appreciate the fact that they’ve been able to cut our payroll." (via ABC) http://bit.ly/2wNOI70;
Vía All News on ‘The Twitter Times: Muzaffar69/corpgov’ https://twitter.com/kylegriffin1/status/895748258882093056
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Things continue to worsen in regards to China Automobile Parts, PKF issued the following rather strong worded statement.
PKF retracted their 2015 audited accounts since the financial statements for FYE2015 do not give a true and accurate picture of the financial position of the company.
Unfortunately, appendix 1 and 2 (mentioned in the text) are not enclosed. That is a pity, they might provide details when things started to turn sour, and how bad things might be.
Audited accounts being retracted from a listed company might be a first in Malaysia, but definitely not for unlisted companies, 1MDB being a rather “famous” example of that.
May 27, 2017 at 08:11AM
from M.A. Wind
Japan’s Topix index has risen around 7% over the past six months in U.S. dollar terms, which isn’t too shabby given its in line with what the S&P500 has returned over the same period.
However, Japan was expected to be an outright leader among global stock markets this year because of the weaker yen. What has manifested instead is a shallower rally underpinned by better loan growth, higher wages, as well as improving global trade. Jefferies analyst Sean Darby notes:
It is perhaps surprising to learn that both the current account surplus to GDP increased (more saving in the economy) while the fiscal position actually tightened. Ironically, as the budget deficit narrowed, JGB issuance actually fell much to the chagrin of investors who expected Yield Curve Control (YCC) to have encouraged fiscal relaxation. Indeed, the BoJ has quietly commenced its tapering without necessarily making the front page of the financial news.
Perhaps the most surprising change is the fact that Japan is experiencing one of the fastest growing financial systems within the OECD helped by both the corporate and household sectors. Furthermore, while the ‘official wage’ data is ambiguous, the recent Teikoku Databank study shows a far more robust wage environment.
Darby is bullish on Japanese stocks and recommends that investors keep an eye on the following themes:
Theme 1: Better employment data. According to the Teikoku Databank survey, 51.2% of the companies anticipate wage improvement in FY 2017, an increase of 4.9% points from the previous survey in 2016. It is the first time it has exceeded 50% since the start of the survey, and it is a record-high. Details for wage improvement are an across-the-board pay increase. Good news for recruitment companies!
Theme 2: Export pricing and trade remains resilient: Global trade is finally turning around as inventories have been destocked to a limit at which companies have been forced to raise production. Moreover, global PMI manufacturing indices are still expanding. Emerging markets are particularly sensitive to trade and it is interesting to note that the y-y change in intra-EM exports has finally turned positive. Good news for cyclicals.
Theme 3: Bank financial asset growth is growing: M3 has finally started to follow M1. Loan growth is running at 2% y-y led by corporates and the household sector. Good news for the banks.
Darby has drawn up a list of 20 Japanese stocks that have seen the most generous revisions to earnings estimates over the past three months. The top three names on the list are tech components maker Hosiden Corp. (6804.JP), Japan Petroleum (1662.JP) and healthcare equipment and scientific equipment maker Jeol Ltd. (6951.JP).
The Topix trades at around 14.5 times forward earnings and 1.2 times book value against a 2.1% forward dividend yield and an 8.5% forward return on equity.
May 15, 2017 at 08:08AM
from Isabella Zhong
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SECP revamps public offering regime including introduction of centralized e-IPO system
Pakistan Observer In order to promote quality listings, the Securities Exchange Commission of Pakistan (SECP), has notified a comprehensive regulatory framework for initial public offering (IPO). IPO means the first time allocation of newly issued stocks or shares, to … |
May 04, 2017 at 08:07AM
from
Ellen Hunt retweeted:
First SEC whistleblower award of Trump Era arrives, with added layer of mystery buff.ly/2oPeWGu #compliance #FCPA #GRC #corpgov
May 02, 2017 at 07:51AM
https://twitter.com/ethicsintegrity/status/859237493106978816
from Ellen Hunt
First SEC whistleblower award of Trump Era arrives, with added layer of mystery https://t.co/G0roRODLlL #compliance #FCPA #GRC #corpgov http://pic.twitter.com/5i0XBR1DzS
— Matt Kelly (@compliancememe) May 1, 2017
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Asian markets were higher across the board. Japan#39;s benchmark Nikkei 225 index surged 1.33 percent on the back of the French polls while the Kospi gained 0.3 percent.
April 24, 2017 at 08:06AM
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Reliance Industries | Infosys | TCS | Sun Pharma | Dr Reddy#39;s Labs | Tata Motors | Divis Labs | IDFC | ONGC | IDFC Bank | LT Finance | Advance Enzymes | Lumax Industries | IMP Powers | IRB Infra | ACC | Tinplate and Mahindra Lifespace are stocks, which are in the news today.
April 24, 2017 at 08:05AM
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The foreign institutional investors (FII) money has gone missing all of a sudden, that is why the market is not able to breakout but because the market has downside support, individual midcaps are doing well.
April 24, 2017 at 08:05AM
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Reliance Industries (RIL) which is scheduled to report its results for the quarter ended March 31 on Monday post market hours posted negative returns in the past four quarter post results.
April 24, 2017 at 08:05AM
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GERMANY APR MARKIT SERVICE FLASH PMI DECREASE TO 54.7 (FCAST 55.5 ) VS PREV 55.6
The material has been provided by InstaForex Company – www.instaforex.com
April 24, 2017 at 07:38AM
from