Search Results for: Global Markets
Non-committal Fed drives down dollar, dampens stocks
February 2nd, 2017
The dollar slipped to a 12-week low on Thursday and stock and bonds markets both showed caution after the U.S. Federal Reserve stuck to its mildly upbeat view of the world but gave no hint on when it will ...
Pound to Euro Exchange Rate: February Should be an Up-Month
February 2nd, 2017
Pound Sterling trades back above 1.17 against the Euro ahead of the all-important Bank of England event due at mid-day on Thursday, January 2. We saw GBP/EUR jump notably on the first day of what we believe could well ...
China Fintech Deals Double In 2016 While US, Europe Decline
February 2nd, 2017
Chinese investors continued aggressively investing in financial technology (fintech) last year, despite a slowdown in other major markets around the world. Fintech investments in China doubled during the first nine months of 2016 year-on-year, driven by major funding rounds ...
Online investment advisor now offers human advice with its robo
February 1st, 2017
Betterment, the largest independent online investment advisor, announced the next evolution of the company with the release of a new service offering, expanding the company’s platform beyond a single digital product to a multi-plan advice offering that includes access ...
Multinational law firm launches alternative legal services platform
February 1st, 2017
Fieldfisher launches multi-product ALS platform with initial focus on the derivatives and securities financing markets. The European law firm Fieldfisher launches Condor Alternative Legal Solutions (Condor) – a multi-product alternative legal services platform and the brain-child of derivatives partner ...
Ingenico Group to acquire 100% of TechProcess Payment Services
January 31st, 2017
Ingenico Group announced today it has reached an agreement in principle to acquire 100% of TechProcess Payment Services Ltd (“TechProcess”), a leading Indian electronic payments services provider from its current shareholders (major global and Indian investors). Created in 2000, ...
TSX and AGF celebrate the launch of new ETFs with market open
January 31st, 2017
On the heels of a record year, Toronto Stock Exchange welcomes Canada’s newest ETF provider to market Toronto Stock Exchange (TSX) today welcomes AGF Investments Inc. (AGF), one of Canada’s premier independent investment management firms, to open trading this ...
Oil prices fall as rising U.S. output offsets OPEC-led cuts
January 31st, 2017
Oil prices fell on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
ACCA identifies six business models transforming business
January 30th, 2017
A new report published by ACCA, the global body for professional accountants and the Economic and Social Research Council has identified six business models which could transform the way in which companies transact. The report Business models of the ...
Oil extends declines on rising U.S. output
January 30th, 2017
Oil prices extended declines on Monday, dragged down by signs of growing output in the United States that could partly offset output cuts by OPEC and other producers. Uncertainty over the outlook for U.S policy also broadly weighed on ...