Foreigners have never been this keen on South African stocks. Average daily flows into Johannesburg-traded shares are running at the highest rate since at least 1997, when Bloomberg started compiling the data. Optimism that Cyril Ramaphosa's leadership of the ruling party will bring sound economic
See Original Article

The Reserve Bank of India (RBI) could give banks more time to implement new accounting standards because the process contains legislative changes and additional capital, according to a Mint report. Banks and financial companies are expected to implement Indian Accounting Standards (IndAS) from
See Original Article

President Donald Trump's senior-most aides have played an unusually prominent role in the U.S. government shutdown drama, ensuring their boss struck a hard-right line on immigration and — in the eyes of some senators — hindering negotiations that may have avoided the deadlock. Senator Lindsey
See Original Article

Ginger Meister and Cale W. Turner have been made partners of the HoganTaylor public accounting firm, which acquired the JPMS Cox firm in Little Rock on Jan. 1. Meister has more than 15 years of experience in public accounting and specializes in tax planning and consulting. Turner also has more
See Original Article

29 on its bonds maturing 2020, according to Bloomberg calculations. It's unclear whether the company would pay the coupon while in restructuring talks, but if it fails to pay it would be declared in default after a brief grace period. It also has bonds due in 2018 and 2022. The company said this month it
See Original Article