Search Results for: One Financial Markets
Cryptocurrency exchanges under attack, risking repeat of Mt. Gox debacle
August 31st, 2016
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cybertheft — the second largest by an exchange since hackers took roughly ...
ASIC’s Corporate Plan 2016–17 to 2019–20 and Focus for 2016–17
August 31st, 2016
ASIC today published its Corporate Plan for 2016–17. The Corporate Plan outlines ASIC’s vision: To allow markets to fund the economy, and in turn, economic growth. In doing so, contributing to the financial well-being of all Australians. We do ...
SGX is closer to allowing dual-class shares
August 30th, 2016
The Singapore Exchange is one step closer to allowing dual-class share structures following a vote in their favour by the Listings Advisory Committee (LAC). A dual-class share structure could help attract high-quality companies that may not otherwise consider Singapore ...
European recognition of FMA oversight of auditors
August 30th, 2016
The European Commission has announced its recognition of the New Zealand audit oversight regime as equivalent to EU standards, permitting NZ-regulated auditors to operate in the European Union. With this announcement, the Commission has concluded that the New Zealand ...
Emerging Currencies Rebound With Shares After U.S. Stocks Rally
August 30th, 2016
Overseas funds net buyers in South Korea, Taiwan and Thailand Concerns of higher U.S. rates are fading, according to KTB Emerging-market stocks rose, heading for their biggest gain in more than a week, as an overnight rally in U.S. ...
Innotribe and Innovate Finance launch Global FinTech Hubs Federation initiative
August 29th, 2016
Innotribe, SWIFT’s innovation arm, and Innovate Finance, the independent membership organisation for global FinTech, today announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. To date, more than ...
Investors are pushing into Emerging-market stocks; 20% rise over the past six months
August 29th, 2016
China’s economy is inexorably slowing. Turkey’s sprawling post-coup purge continues apace. Western sanctions against Russia will remain in force for as long as Moscow keeps meddling in Ukraine. Brazil’s brief Olympic distraction is over, so it’s back to the business of dealing with acrippling recession and wrenching ...
Most Asia stocks slide on Fed officials’ rate comments, dollar firms
August 29th, 2016
Most Asian share markets tumbled on Monday while the U.S. dollar added to gains made after Federal Reserve Chair Janet Yellen indicated a U.S. interest rate increase remains on the cards for this year. European markets also looked set ...
Playtech announced total revenues of H1 2016 up 18%
August 26th, 2016
Playtech (LSE: PTEC) announces its results for the six months ended 30 June 2016, together with a trading update for the period to 24 August 2016. Financial summary H1 2016 H1 2015 Change(reported) Change (const.currency)3 Revenues €337.7m €286.0m +18% ...
Cyprus, Lebanon, Egypt, and Israel are issuing a new series of natural gas exploration licenses
August 25th, 2016
The major natural gas reservoirs that have been discovered off the Mediterranean shores in recent years have made the region a focus of international interest. The past few months have been especially lively, with Lebanon, Egypt, Cyprus, and Israel ...
