All GLG News Analyses Filed Under: Financial Forecasting & Analysis

Sinosteel raises stake in Midwest Corporation is to block the take over offer from Murchison's offer as Sinosteel wants to maintain the supply of iron ore so the big demand of steel by China can be fulfilled.

The  Societe Generale  Fraud and its  relationship  to  a  single  trader brings  into  focus  the  effect  of  internal  controls  and  management  processes. There are  reports  that  the  genesis...

Mr Kerviel, the rogue trader in SocGen trading scandal is comparing to traders who brought down the Somitomo Bank in Japan and Barings Bank in Uk, how true is that?.

Ping An Insurance, plans to raise $20B in China to facilitate a acquisition to Prudential because of it strong present in Asia Pacific Region and also has good relationship between the companies' leader.

Air China spoil the deal between China Eastern and Singapore Airline shown that China will not let Temasek take over anything in China now as the company has been reject China Bank to acquire the it shares in Standard and Chartered Bank.

The FASB issued a new standard last week within the area of accounting for acquisitions that is said to represent a major departure from the current accounting practices being used by companies.  Some are saying the new rule will be difficult to apply and will require companies and analysts to...

1.  Countries adopting IFRS are not always adopting the same standards.  If you look closely, the term "as adopted' is being used a lot (e.g., China).  What that means is countries are adopting IFRS in principle, but are differing on interpretation and actual application/practice. 2. ...

- Recognition of relevant costs at the time of Gift Cards sales  - Deferment of corresponding revenue until redemption - Gross Margin are distorted - Uneven sales values in different periods when eventually breakages are     recognized with no specific coherent revenue recognition...

An interesting study was recently published on the accounting for gift cards – which demonstrated the wide disparities in accounting practices used among retailers and restaurants within this area.  The study, additional commentary and links in...

China's banks recently plan take over all over the world, US, Macao, Africa, Hong Kong and UK. This shown that China wants to diversify its investment portfolio to more stable economy and China has plenty of cash due to trade surplus and China's banks have been absorbed the cash from issued shares and...