Search Results for: EC
The Bank of Russia decided to reduce the key rate to 9.25% p.a.
May 2nd, 2017
On 28 April 2017, the Bank of Russia Board of Directors decided to reduce the key rate to 9.25% per annum. The Board notes that inflation is moving towards the target, inflation expectations are still declining and economic activity is recovering. At the same time, inflation risks ...
KIBB and Rakuten Securities JV get license to provide online brokerage services in Malaysia
May 2nd, 2017
The path is now clear for the joint-venture company of Kenanga Investment Bank Bhd (KIBB) and Rakuten Securities Inc. to provide online brokerage services in Malaysia. KIBB said on Thursday the Securities Commission (SC) had given a capital markets ...
Financial sector breaches skyrocket in 2016
April 29th, 2017
More than 200 million financial services records were breached in 2016, representing a 937% percent increase over the previous year, according to data from IBM. The monetary gains associated with corporate and customer data available throughout the financial sector ...
Former Perth managing director sentenced to 18 months’ jail for insider trading
April 28th, 2017
Former Managing Director Steven Robert Noske has been sentenced today to 18 months’ imprisonment and fined $20,000 after being found guilty of insider trading by a West Australian Supreme Court jury. The Court ordered that Mr Noske be released after ...
European Central Bank decided interest rates to remain unchanged
April 28th, 2017
On its meeting dated April 27, 2017, the Governing Council of the ECB decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged ...
Oil rises on potential OPEC cut extension, but still faces second weekly loss
April 28th, 2017
Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an oversupplied market. U.S. West Texas Intermediate (WTI) crude futures CLc1 ...
Global stocks are near a record high
April 28th, 2017
MSCI Asia Pacific Index set for fourth straight monthly gain Investors assess global earnings before U.S. GDP report Asian equities retreated, trimming a fourth straight monthly gain for the regional benchmark index, as geopolitical concerns intensified and investors assessed ...
CME Group reports average daily volume reached a record 17.1 million contracts
April 27th, 2017
CME Group has issued today a report to publish its First Quarter 2017 Financial Results. According the report, CME Group released the below results: Average daily volume reached a record 17.1 million contracts, including records in Interest Rates, Metals, ...
CySec just released that a new Cyprus Investment Firm got the CIF license
April 27th, 2017
Following an early announcement of April 27, the Cyprus Securities and Exchange Commission (CySec) has just released a new announcement to inform that the Commission approved another firm as a Cyprus Investment Firm. Read the previous CIF license announcement ...
CySec announced approval of a new Cyprus Investment Firm
April 27th, 2017
The Cyprus Securities and Exchange Commission (CySec), the financial regulatory authority of Cyprus, has issued an announcement to inform that a new firm has been approved by the Commission as a Cyprus Investment Firm. According the announcement the firm Galactus Ltd has successfully ...
