Given Hungarian Prime Minister Viktor Orban's reputation — he's been called a dictator and an autocrat, albeit a “soft” one — as a Russian in Budapest, I couldn't avoid wondering whether his rule was anything like Vladimir Putin's in Russia. So I asked some people who'd know — both Orban loyalists and
See Original Article

Banking regulators proposed softening the blow of a new accounting rule that will force banks to book losses on soured loans more quickly. Some banks had been concerned the rule could cut into their regulatory capital, since it will require them to book all expected losses from their loans as soon as
See Original Article

SINGAPORE, April 16, 2018 /PRNewswire/ — Accounting for Sustainability (A4S), the initiative set up by HRH The Prince of Wales to drive greater adoption of sustainable decision-making, has launched a Circle of Practice (COP) in Singapore. This is the first COP for A4S in Asia and will be run with
See Original Article

To some, the U.S. economy is on the verge of experiencing a sharp upturn in inflation that will force the Federal Reserve to accelerate the pace of interest-rate increases. The reality is that the balance of risks around inflation has normalized, which should be good news for equity markets that have been
See Original Article

General Motors has announced job cuts at its manufacturing facility in Lordstown, Ohio, with as many of 1500 workers being laid off.
See Original Article