Search Results for: Australia
Global Shares, Pound Rally as Brexit Concerns Soften; Oil Soars
June 30th, 2016
S&P 500 jumps 1.7% as FTSE 100 rally erases post-Brexit loss Crude tops $49 a barrel as dollar slump boosts commodities Global stocks rallied for a second day, while the dollar weakened, amid speculation policy makers will move to ...
Possible Consequences of Brexit on the FinTech Industry
June 29th, 2016
Financial Technology (FinTech) is an economic ecosystem or industry consisting of companies, mainly startups, that employ technology in an innovative way in order to improve the way that financial services operate, e.g. payments and transfers, auditing, contracts, policy enforcement, ...
MasterCard to Simplify E-Commerce for Microsoft Dynamics Customers around the Globe
June 29th, 2016
MasterCard announced today it will collaborate with Microsoft to bring simple and secure e-commerce payments to Microsoft Dynamics users. Simplify Commerce, a uniquely versatile, highly secure and incredibly simple cloud-based payments platform, helps businesses grow by maximizing online and ...
ASIC cancels licence of AFS wholesale service provider
June 29th, 2016
ASIC has cancelled the Australian financial services (AFS) licence of Ergo Capital Pty Ltd (AFS licence No 420978) for failing to comply with a number of its obligations as a financial services licensee, including: lodgement of its financial statements ...
Most Asia markets end higher as region weathers a global rout after Brexit vote
June 28th, 2016
Most Asian markets closed higher on Tuesday, managing to hold up better than global peers amid a rout that wiped out as much as $3 trillion of market capitalization, according to data from S&P Global, in the wake of the ...
Former banker sentenced to two years imprisonment for insider trading
June 28th, 2016
Former banker, 30-year-old Oliver Curtis was today sentenced to two years imprisonment after being found guilty by a Supreme Court jury earlier this month of conspiring to commit insider trading with his former best friend, John Hartman. The Court ...
What does Brexit mean for EU citizens in Britain – and Brits in Europe?
June 27th, 2016
The 3m non-British UK residents and 1.3m Britons living in the EU need to know what the result means in practice Europeans living in Britain For many of the estimated 3 million non-British EU citizens living in the UK, ...
Brexit Fallout Bitcoin is up 10%
June 24th, 2016
The surprise “Leave” victory in the UK’s Brexit referendum has changed the calculus of global markets. We have seen the biggest intra-day volatility in the pound on record, as evidenced by it hitting a yearly high and yearly low ...
Pound tumbles 11% as Britain has voted for Brexit
June 24th, 2016
Pound Plunges on U.K. Vote to Leave the European Union All asset classes down as final result of referendum is announced Pound tumbles 11% as Britain has voted for Brexit Britian’s vote to leave the European Union battered the ...
Currency traders would likely dump the pound in the event of a Brexit
June 23rd, 2016
If the U.K. voted to exit the European Union (EU), currency traders would likely dump the pound and send funds into the dollar, FX pros said. The Brexit referendum, which will decide whether the U.K. remains in the 28-member ...
