12 Components of the STOXX Global Grand Prix Index

The Formula One is the world’s most prestigious race car championship in the world. Wikipedia notes the following about Formula One: Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship,[2] is the highest class of single seater auto racing sanctioned by the Fédération Internationale …

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European Chemical Stocks Reach Record Highs

Many European chemical companies are projected to report strong earnings for the last quarter. Ahead of the earnings, the Euro Stoxx Chemicals Index has reach reached an all-time high as shown in the graphic below: Source: Stoxx Some of the reasons for this include the solid recovery in the industry since 2009, optimism on profits …

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Withholding Taxes for Foreign Stock Dividend Payments

Earlier this year I wrote a post on withholding taxes for foreign stock dividends based on data from Dow Jones Indexes. In this post, I have listed below the withholding taxes of 62 countries (including the U.S.) according to data published by STOXX Ltd: [TABLE=926] Source: STOXX USA charges 30% tax on stock dividend payments …

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U.S. Currency in Circulation Crosses $1 Trillion

The total U.S. currency and coin outstanding at the end of December 2010 crossed over $1 Trillion or $1,165,184,270,423 to be exact according to the Treasury Bulletin March 2011, U.S. Department of the Treasury. When the amounts held by the Treasury and the Federal Reserve Banks are deducted, the total amount in circulation stood at …

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