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Economy

Global economy is facing a ‘perfect storm’, warns BIS chief

29/08/2018(0)
The problem with the current US policy of using tariffs to pursue trade and economic strategies is that they are such a crude tool to use within such a ... Read More
cryptocurrencies trading

Bitcoin breaks above $7,000; Ethereum, Litecoin, Ripple also advance

29/08/2018(0)
Bitcoin advanced for a fourth day, exceeding $7,000 in its longest winning streak in more than a month, and with momentum indicators suggesting the rally has further to run. ... Read More
Fintech

Swiss watchdog to propose looser anti-money laundering rules for fintechs

29/08/2018(0)
Swiss financial regulator FINMA is planning to loosen anti-money laundering rules for smaller financial technology firms, part of a drive to boost innovation and shore up the country’s position ... Read More
sec-logo

Moody’s credit ratings agency to pay $16.25 million in penalties to settle charges

29/08/2018(0)
The U.S Regulator, Securities and Exchange Commission (SEC), announced that Moody’s Investors Service Inc., one of the nation’s largest credit ratings agencies, has agreed to pay a total of ... Read More
european stocks

European stocks hold steady; Stocks on Wall Street extended gains

29/08/2018(0)
European markets ended on a mixed note at Tuesday’s close, with risk appetite sharpened by news the U.S. and Mexico had reached a deal to overhaul the North American ... Read More
emerging-markets

Is Tunisia the next emerging market to implode?

28/08/2018(0)
  Seems like every few days a new developing country discovers that it can’t pay back the dollars and/or euros it borrowed back when “external foreign currency debt” seemed ... Read More
fined

Enormous refund ordered to USA retail investors for being misled

28/08/2018(0)
The Securities and Exchange Commission (SEC) announced charges against four Transamerica entities for misconduct involving faulty investment models and ordered the entities to refund $97 million to misled retail ... Read More
General Data Protection Regulation

Data protection complaints in UK doubled since GDPR took effect

28/08/2018(0)
The number of data protection complaint reported to UK regulators has nearly doubled since the introduction of new data protection laws, the Information Commissioner’s Office (ICO) has said. Saturday ... Read More
brexit

U.K. accounting faces chaos in no-deal Brexit

28/08/2018(0)
Accounting in the U.K. would be thrown into chaos if the country fails to strike a deal on how to leave the European Union, which looks increasingly likely. “Things ... Read More
dollars

Dollar steady against the euro and a basket of major currencies

28/08/2018(0)
The dollar was steady against the euro and a basket of major currencies after the United States and Mexico agreed to overhaul the North American Free Trade Agreement, boosting ... Read More
Broker Cyprus TopFX