Development of FinTech innovation within the ASEAN region; IFC and MAS collaboration
May 24th, 2017
IFC and Monetary Authority of Singapore Collaborate to Advance FinTech Innovation in Asia IFC, a member of the World Bank Group and the Monetary Authority of Singapore (MAS) signed a memorandum of cooperation, agreeing to work together to establish ...
China’s Stocks Drop With Aussie on Moody’s Cut
May 24th, 2017
Moody’s lowers China rating on outlook for financial strength Equities in Japan, Australia and South Korea all higher China’s stocks declined after Moody’s Investors Service cut its rating on the country’s debt, saying the outlook for its financial strength ...
Japan currency rises; Pound slips
May 23rd, 2017
Trump Concern, Manchester Blast Spur Risk-Off Tone Japan currency rises after latest report on Washington turmoil Pound slips after suspected terrorist attack at U.K. concert The yen rose with gold and U.S. equity-index futures fell as investors took a ...
Oil climbed toward $51 a barrel
May 22nd, 2017
Crude rises after Saudi Arabia says agreement reached on cuts Pound drops after U.K. threatens to quit Brexit negotiations Oil advanced a fourth day in the build up to OPEC’s gathering in Vienna this week, as speculation grows that ...
CLS shareholders elect nine new board directors
May 19th, 2017
CLS Group (CLS), a leading provider of risk mitigation and operational services for the global foreign exchange (FX) market, today announced that nine new directors have been elected to its Board of Directors at its Annual General Meeting held ...
CORPORATE SERVICE PROVIDER
May 19th, 2017
CORPORATE SERVICE PROVIDER Overview: Trade Finance is in our DNA. For more than 10 years, XTrade has helped global traders with access to the world’s largest and most liquid market. By offering the most innovative trading tools, hiring the ...
McLaren Applied Technologies & Deloitte team up to build data-driven products
May 16th, 2017
Two firms form new partnership to develop products that solve complex industry challenges and improve clients’ business performance Partnership expected to deliver over £1bn in annual client benefits by 2022 Around 150 new jobs to be created in first ...
NEX Group released Full-year results for the year ended 31 March 2017
May 15th, 2017
NEX Group plc (“NEX”) (NXG.L), a financial technology company at the centre of the global markets, announces today its audited results for the year ended 31 March 2017. Continuing Year ended 31 March 2017 £m Year ended 31 March ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
Crude’s rally took the price of a barrel back above $48 in New York
May 12th, 2017
Retailers slump on Macy’s results as bonds, gold advance Crude sustains momentum in wake of U.S. stockpile data U.S. stocks fell from records, though losses eased in afternoon trading as crude’s rally took the price of a barrel back ...
