China’s unravelling: Will it devalue the yuan next?
July 17th, 2015
China is grasping at policy measures to shore up its economy CHINA could be gearing up to join the global currency wars by devaluing the renminbi. So far this year more than 30 central banks from all over the ...
China tries to calm stock market Chaos
July 10th, 2015
As panic grips China’s markets, authorities have unleased a range of weapons China’s stock markets are in the midst of a crash, and with panic spreading, authorities have stepped in with drastic measures to prevent a looming disaster. Over ...
Statement by Glenn Stevens, Governor: Monetary Policy Decision
July 7th, 2015
At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than a year ago. This ...
Decline in UK law firm merger activity
July 6th, 2015
UK law firms are now merging for growth instead of financial necessity, according to research evidencing a decline in the number of mergers last year. Law firm merger activity in the UK declined by 11 per cent last year. ...
Regulatory Fine
June 26th, 2015
Global Regulators Cyprus Securities and Exchange Commission (CySec) Fines Imposed for Year 2015 and 2016
HSBC dumps China PMI as Beijing tightens information flows
June 26th, 2015
For those on wanting to understand China there is one economic statistic more closely watched than any other. It’s the Flash Purchasing Managers Index – or PMI – which is released in the last week of every month. The index claims to be ...
NYDFS Announces Final Bitlicense Framework for Regulating Digital Currency Firms
June 4th, 2015
Benjamin M. Lawsky, Superintendent of Financial Services, today announced the release of the New York State Department of Financial Services’ (NYDFS) final BitLicense – the first comprehensive framework for regulating digital currency firms. The BitLicense – which is the ...
First Derivatives announced its Preliminary results for the year ended 28 February 2015
June 2nd, 2015
First Derivatives, a provider of software and consulting services, has issued a press release to announce its results for the year ended 28 February 2015. Financial Highlights Revenue £83.2m (2014: £69.9m) +19% Adjusted EBITDA £15.5m (2014: £12.5m) +24% Profit ...
Statement by Glenn Stevens, RBA Governor: Monetary Policy Decision
June 2nd, 2015
At its meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, but some key commodity prices are much lower than ...
China to Ease Limits on Overseas Investments
May 29th, 2015
Beijing advances goal to make yuan a reserve currency with plan to ease capital controls China’s campaign to turn the tightly controlled yuan into a global currency is crossing a new threshold, as the government plans to make it ...
