News 

50,000 fewer Premium Bond prizes as NS&I slashes winnings and savings rates 

“The new NS&I rates will apply to the Direct Isa, the Direct Saver and Income Bonds” writes Sophie Jamieson for telegraph.co.uk. The average easy-access savings rate has dropped 40 per cent in the past year, with the top 10 accounts offering on average just one per cent.NS&I has said the move, announced in February, follows reductions in interest rates across the savings market, after the Bank of England base rate was cut to 0.25% in August. Source: telegraph.co.uk Share This:

Read More
GBP News 

General election 2017: end tax assault on British businesses, BCC warns

“Lobby groups have already urged the Government to bring forward a pledge to switch the uprating of business rates from the higher retail price index (RPI) to the lower consumer prices index (CPI) from the start of the next decade” writes Szu Ping Chan for telegraph.co.uk. Business rates raise more money for the Exchequer than fuel duty, with receipts set to climb to £33bn by the start of the next decade, according to official forecasts. The BCC will say it is vital that the system is “more responsive to both…

Read More
News 

One of Trump’s most controversial advisers is reportedly out of the White House

“Sebastian Gorka, a controversial White House adviser who works on national security issues, is reportedly leaving his role in the White House, according to multiple reports” writes Harrison Jacobs for businessinsider.com.au. Citing an unnamed senior administration official, the Washington Examiner reported Sunday that Gorka would leave soon for a new role dealing “with the ‘war of ideas’ involved in countering radical Islamic extremism.” CNN senior White House correspondent Jim Acosta later tweeted that he had confirmed the report. Source: businessinsider.com.au Share This:

Read More
News 

Apple’s cash stockpile expected to top a staggering $250 billion

“As of December, the company had $246.09 billion total cash, cash equivalents, and securities” writes Tripp Mickle for marketwatch.com. Apple, like many big American companies, parks most of that cash offshore rather than paying U.S. taxes on its overseas profits.Also see: These are the 5 U.S. companies with the biggest overseas cash piles Apple’s AAPL, -0.10%   quarterly results will show the company has doubled its cash pile in just over 4½ years.In the last three months of 2016, it racked up new cash at a rate of about $3.6…

Read More
JPY News Reviews 

JPY Daily Review April 30, 2017

JPY Daily Review for April 30, 2017 Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Bullish: Anticipating a move above 1.1000.While the relatively weak daily closing has dented the upward momentum, it is still early to expect a short-term top. As long as 1.0830 is intact, we continue to anticipate a break a move above 1.1000 even though we must admit that the odds for such a move have diminishedGBP/USD: Bullish: Overbough   Japanese Yen Unimpressed by a Barrage of Economic Data The Yen shrugged off a deluge…

Read More
News 

Lawmakers find common ground on $1 trillion plan to keep government open

“It also rejects White House budget director Mick Mulvaney’s proposals to cut popular programs such as funding medical research and community development grants” writes Andrew Taylor for sun-sentinel.com. Aides say lawmakers closely involved in the talks have worked through many sticking points in hopes of making the measure public as early as Sunday night. Source: sun-sentinel.com Share This:

Read More
Heads-up News 

Tokyo Trading Session Heads Up Sunday, April 30, 2017

Tokyo opening news digest Leap Higher With Skechers Stock Management’s second-quarter guidance could be conservative   Real Estate Investment Trusts Are The New Money Market Funds For years now, REITs have paid dividends that are 50 to 100 times what money market funds have paid. But conservative investors have avoided them because of the risk that a sharp rise in interest rates might lead to losses. Sam Miklosko says the fear of sharply higher interest rates is overblown.   Honda Ends Fiscal Year Strongly But Issues Cautious Guidance Honda Motor…

Read More
News 

How to watch WWE Payback for free

“WWE is still offering a free month for new subscribers to the WWE Network (which is typically 9.99 per month), meaning you can sign up before the show and watch Payback, and the upcoming SmackDown PPV Backlash on May 21st for free” writes Nick Schwartz for foxsports.com. Fans already subscribed to the WWE Network can watch beginning with the kickoff show at 7:00 p.m.For those who haven’t yet subscribed, you can still watch Payback for free. Source: foxsports.com Share This:

Read More
News 

Thanks, Obama — How his $400,000 speaking fee actually helps America

“They will, of course, also be subject to the far heavier federal tax rate, which tops out at 39.6%” writes Brett Arends for marketwatch.com. Or on left-wingers complaining that someone who pays the top rate of income tax has gone out and earned lots of money.Barack and Michelle Obama are residents of Washington, D.C., which means they are subject to the District’s income taxes. Source: marketwatch.com Share This:

Read More
News 

I-League 2017 champions Aizawl FC given until September to fulfill AFC…

“While the national license allows clubs to participate in the AFC Cup, an AFC license is mandatory in order to partake in the AFC Champions League” reports sportingnews.com. Aizawl FC, crowned the I-League champions on Sunday, have been made aware of the club licensing criterion for the Asian Football Confederation (AFC) in order to be able to take part in the AFC Champions League, considered as the continent’s most prestigious club competition.Bengaluru FC, the dethroned I-League champions, are the only Indian club to have secured the AFC license, and they…

Read More