Search Results for: ASIC
A brief history of Digital Currency
April 20th, 2017
Digital currency is a recent invention which means that currency with real value can be exchanged for traditional cash; it is instead entirely virtual or digital. It is a new invention in the history of money and commerce. Electronic money only ...
Assets of collapsed Forex broker appeared insufficient to repay creditors
April 19th, 2017
Following last week Breaking News in relation to Auckland-based foreign exchange broker Forex Brokers collapse, today we have learned that the said collapsed broker owes creditors more than $10 million and its assets appeared insufficient to repay creditors even half a cent ...
British PM Theresa May called for a general election: What you need to know
April 19th, 2017
The UK looks set to have a general election on 8 June. Here’s what you need to know. What has happened? The UK Prime Minister Theresa May has announced that she wants to hold a general election on 8 ...
Bitcoin Price Can Reach $500,000 by 2030, Says Snapchat’s First Investor
April 11th, 2017
Bitcoin has been leading the list of cryptocurrencies in six of the past seven years, climbing from zero to a value of about $1,180. However, the potential of Bitcoin is much higher. Jeremy Liew, the first investor in Snapchat, ...
TechFinancials reports revenue increased by 57% to US$21.3 million
April 6th, 2017
TechFinancials Inc. (AIM: TECH), a leading technology provider to financial trading brokers, today announces its results for the year ended 31 December 2016. The Company also announces that in accordance with AIM Rule 20, electronic copies of its Annual ...
Kim Dotcom’s new Bitcoin venture will pay content uploaders
April 6th, 2017
Internet entrepreneur Kim Dotcom is rolling out a Bitcoin payment system that will allow users to sell their content uploads or charge for live video streaming. The New Zealand-based mogul recently took to YouTube where he announced a new ...
Financial fraud losses in UK totalled £768.8 million in 2016
April 1st, 2017
Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show. The new data shows banks and card ...
Citibank refunds $5 million in credit card international transaction fees
March 31st, 2017
Citigroup Pty Limited (Citibank) has refunded approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process ...
Elliott Wave Analysis: USDCHF Trading in Final Stages of a Complex Correction
March 28th, 2017
USDCHF is in bearish mode since start of the year which for now it’s in three waves from 1.0350 high, therefore it can be a corrective move. From an Elliott Wave perspective, we see pair in wave E of ...
The different industrial sectors in EU; In which sectors volume increased and decreased
March 27th, 2017
Between 2010 and 2016, the volume of industrial production increased by 5.6% in the European Union (EU). However, significant growth differences across different sectors exist (see graph below). Highest growth for manufacture of motor vehicles and pharmaceutical products With ...
