Search Results for: World Bank
Asian shares slip on Fed hike; S&P 500 and Nasdaq Composite dropped
June 14th, 2018
Asian shares eased on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening, while concerns about U.S.-China trade frictions kept investors on edge. Chinese retail sales ...
Asian stocks mixed, British pound was little changed: Key financial events to watch
June 13th, 2018
Asian stocks were mixed following a lackluster session in the U.S. as investors await the major central bank meetings this week, after shrugging at Tuesday’s North Korea summit. Japanese shares had a modest gain as the yen dipped, while ...
The dollar edged up to a three-week high against the yen
June 12th, 2018
The dollar edged up to a three-week high against the yen on Tuesday amid hopes that the closely-watched U.S.-North Korea summit can pave the way towards a reduction in tensions between the two old foes. U.S. President Donald Trump ...
Hotmail founder: cryptocurrencies are fraudulent
June 11th, 2018
The founder of Hotmail, Sabeer Bhatia, has issued a stark warning for cryptocurrency investors. Speaking to Arabian Business, the 49-year-old from Chandigarh in north-west India, who founded and then sold dotcom success story Hotmail in the late 1990s, said ...
The Gently Rotting Debt-Ridden EU
June 8th, 2018
The EU as a political construction is in a state of terminal decay. We know this for one reason and one reason alone: its core principal is the state is superior to its people. A system of government ...
Massive VISA outage shows the fragility of global payments
June 6th, 2018
On Friday, VISA’s payment network suffered outages across Europe, limiting transactions for both businesses and individuals. Banks and commerce groups began advising customers to use cash or other payment cards if possible, and reports indicated that online and contactless ...
iSignthis announced EMA specifically tailored for the CFD/FX, Crypto and other high-risk sectors
June 5th, 2018
Australian Securities and Frankfurt Stock Exchange cross listed iSignthis Ltd (ASX: ISX | FRA_DE: TA8), the global leader in RegTech for identity verification and transactional banking/payments, is pleased to provide the following business update. E Money Accounts (EMA) The ...
Société Générale to pay millions for LIBOR and Euribor manipulation charges
June 5th, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against Société Générale S.A. (Société Générale or the Bank) for attempted manipulation of and false reporting in connection with the London Interbank Offered Rate (LIBOR) for ...
5 Tips to Buying Bitcoin in Canada
June 4th, 2018
With over a million dollars’ worth of volume bought and sold every day, Bitcoin remains one of the hottest digital assets traded by millions of speculators from all over the world. Backed by the power of blockchain technology, cryptocurrencies ...
Gold’s Monetary Rehabilitation
June 4th, 2018
There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony. It is perhaps too early to call what’s happening to the dollar the beginning of ...