Search Results for: FIS
Asia Stocks Mixed on Final Day of Stellar Quarter: Markets Wrap
March 31st, 2017
Rand extends loss after South Africa finance minister fired Dollar maintains gains after Fed officials adopt hawkish tone Asian stocks retreated as investors pulled back on the final day of the biggest quarterly advance in five years for the ...
Virtual currency as a payment method in Japan officialy from April 1
March 29th, 2017
Virtual money poses accounting dilemma for Japan’s early adopters Asset or expense? The bottom line depends on the answer A new law defining virtual currency as a payment method goes into effect in Japan this Saturday, but in the ...
Sterling drops as May signs Brexit trigger for process to begin
March 29th, 2017
U.K.-EU ties will start to unravel around 1:30pm in Brussels May signals ’fierce determination’ to get good Brexit deal Sterling fell in early Asian trading as investors brace for the start of the two-year negotiation for the U.K. to ...
Gaming Firms Flee Poland’s Gambling Tax
March 28th, 2017
UK-based bookmaker William Hill has become the latest company in the gambling sector to withdraw from the Polish market ahead of the introduction of a new regulatory and tax regime for the industry. William Hill has reportedly informed customers ...
ECB published overview of economic and monetary developments
March 25th, 2017
Overview At its monetary policy meeting on 9 March 2017, the Governing Council concluded that a very substantial degree of monetary accommodation is still needed for underlying inflation pressures to build up and support headline inflation in the medium ...
Japan offers Russia common digital currency on Kuril Islands
March 21st, 2017
Tokyo has prepared a range of offers to Moscow for joint economic projects on Russia’s Kuril Islands, according to Japan’s national broadcaster NHK. The package of proposals, including tourism and fisheries, as well as a common electronic currency, will ...
ESMA to cooperate with non-EU Regulators on CCPs
March 21st, 2017
The European Securities and Markets Authority (ESMA) has established five Memoranda of Understanding (MoUs) under the European Markets Infrastructure Regulation (EMIR). The MoUs establish cooperation arrangements, including the exchange of information, regarding Central Counterparties (CCPs) which are established and ...
Morgan Stanley: 5 Reasons why Pound Sterling Will Soon Rally against the Euro and Dollar
March 20th, 2017
Pound to Euro exchange rate: 1.1521 Pound to Dollar exchange rate: 1.241 The British Pound remains near multi-year lows against the Dollar, Euro and a host of other major currencies. Indeed, performance charts show that the past year has ...
Why the US Dollar Fell
March 16th, 2017
The US Dollar exchange rate complex came under pressure following the US Federal Reserve’sdecision to raise interest rates 0.25% ensuring their upper band on interest rates sits at 1.0%. However, this was expected and cannot be said to be ...
Judge rejects PwC’s request For mistrial In MF Global case
March 16th, 2017
In an unsurprising move, the judge overseeing bankrupt commodities broker MF Global’s $3 billion suit against PwC rejected the accounting firm’s request for a mistrial, saying PwC’s lawyers can challenge MF Global’s arguments in court over the rest of ...
