Asian Stocks Rise With Metals on China PMI as RBA Boosts Aussie
November 1st, 2016
Australian rate-cut bets pared after central bank meeting China manufacturing gauges increase to two-year highs Asian stocks reversed losses and industrial metals rallied after an unexpected pickup in manufacturing in China, the biggest driver of global economic growth. Australia’s ...
Armenia passes a new package of laws regulating the local financial markets
October 31st, 2016
The Armenian parliament has passed a package of laws regulating the local financial markets and amendments to the law on the securities market, following close cooperation with the European Bank for Reconstruction and Development (EBRD). The EBRD welcomed the ...
Market Volatility Has Currency Traders Abandoning a Tool to Stop Losses
October 30th, 2016
Some currency investors, worried that events such as the pound’s recent collapse could become more common, are abandoning an automated trading mechanism that was supposed to protect them from losses after big market swings. The trading mechanism, known as ...
Korean Government to Commercialize Bitcoin, Digital Currency
October 25th, 2016
Financial authorities decided to institutionalize digital currencies such as Bitcoin. In addition, they are planning to ramp up the size of average annual policy finance to one trillion won from 500 billion won for the development of fintech. “We ...
Embraer Paying $205 Million to Settle FCPA Charges
October 25th, 2016
The Securities and Exchange Commission today announced a global settlement along with the U.S. Department of Justice and Brazilian authorities that requires aircraft manufacturer Embraer S.A. to pay more than $205 million to resolve alleged violations of the Foreign ...
Fiat money and gold
October 21st, 2016
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash. Besides alerting us to how the expansion ...
POLISH RETENTION OFFICER
October 21st, 2016
Industry: Financial Services Description: Xtrade is an award-winning provider of desktop and mobile trading services, featuring CFD trading on stocks, national stock indices, commodities, and currencies. The brokerage’s financial technology includes five digital trading platforms, all of which are available in ...
Who Will Exit the EU Next?
October 20th, 2016
The European Union’s future has been up for debate since the Continent’s economic crisis began nearly a decade ago. But questions about the bloc’s path have multiplied in recent years as Greece came close to quitting the eurozone and ...
Nigerian Banks Suspend Use of ATM Cards Abroad
October 17th, 2016
Several commercial banks in the country have suspended the use of their naira ATM cards abroad by their customers. On Friday, Stanbic IBTC Bank and Standard Chartered Bank Nigeria announced that customers won’t be able to use their naira ...
In China, Two Cities Mirror Blockchain-Bitcoin Divide
October 17th, 2016
Beijing and Shanghai, China’s two most populous and developed cities, are often reminiscent of two siblings. They are similar, but each has its own distinct character. In this light, some rivalry is as inevitable, and it’s now spilling over ...
