Search Results for: UBS AG
Rakuten e-commerce giant buys a bitcoin exchange
September 3rd, 2018
Rakuten, Inc., the largest e-commerce site in Japan and among the world’s largest by sales, announced that it decided to acquire everybody’s bitcoin Inc. (hereinafter “everybody’s bitcoin”) through its subsidiary, Rakuten Card Co., Ltd. The acquisition is based on ...
Forex trader and firm charged with fraud and registration violations
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) filed a federal court enforcement action in the U.S. District Court for the Southern District of New York against Jason Amada of New York, New York, and Amada Capital Management LLC (ACM), a ...
Euro Pound Sterling (EUR/GBP) exchange rate looks for boost from steady inflation data
August 31st, 2018
Ahead of August’s German and Eurozone consumer price index data the Euro to Pound Sterling (EUR/GBP) exchange rate remained under pressure. However, as forecasts point towards the headline inflation rate remaining steady on the year this could offer the ...
JCB now live with ISXPAY® in the EEA
August 27th, 2018
Australian Securities Exchange and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX : ISX | FRA : TA8), the leading payment and identity technology company, is pleased to announce it has achieved certification for its JCB Card acquiring service ...
Trump accuses China, EU of currency manipulation
August 22nd, 2018
President Donald Trump accused China and the European Union of manipulating their currencies as he tries to wrestle concessions from two of the U.S.’s largest trade partners. “I think China’s manipulating their currency, absolutely. And I think the euro ...
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
Alternative payments trump traditional rivals in Asia Pacific ecommerce market
August 16th, 2018
Alternative payment methods such as mobile wallets now account for just over half of ecommerce transaction value in Asia Pacific, according to research from GlobalData. The Apac online shopping market is booming, predicted to hit $1.6 trillion this year, ...
End Of Credit Cycle Dynamics
August 15th, 2018
While there is no starting-pistol that tells us the final phase of the credit cycle leading into the next credit crisis has actually begun, nearly all the signs point to it being the case for the US economy. ...
European banks exposed to Turkey’s currency crisis
August 14th, 2018
Turkey’s economic crisis poses a threat to European banks with business in the country. Spain’s BBVA, Italy’s UniCredit, France’s BNP Paribas, Dutch bank ING and Britain’s HSBC are the most exposed to Turkey and vulnerable to its free-falling currency. ...
Fintech funding in Asia surged to US$16.8 billion; Global fintech investment hit US$57.9B
August 14th, 2018
Fintech funding in Asia surged to US$16.8 billion across 162 deals in the first half of 2018 powered by a massive US$14 billion Series C VC funding round by Ant Financial, up from US$2 billion the second half of ...
