Pound jumped, Euro and Yen rose; Stocks in Asia drifted
May 17th, 2018
Stocks in Asia drifted as Treasury yields climbed above 3.1 percent, raising concerns about the appetite for riskier assets. The pound rose on a report that Britain might have reached agreement on its approach toward European customs union. Positive ...
CySEC released a statement of new rules governing derivatives on virtual currencies
May 16th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued a statement to inform about new rules when providing investment services in relation to derivatives on virtual currencies. According the statement: Further to the European Securities and Markets Authority’s (ESMA) ...
CySEC informs that three Companies providing Administrative Services waived their license
May 16th, 2018
The Cyprus Securities and Exchange Commission (CySEC) has issued an announcement to inform that, on 30th March 2018, 26th April 2018 and 30th April 2018 the Companies providing Administrative Services Margelore Management Ltd, Interquick Ltd and NSC Global Corporate ...
The Euro and Japanese Yen fell, Dollar strengthened; Key events to watch this week
May 15th, 2018
Stocks in Asia declined Tuesday, while the dollar strengthened and 10-year Treasury yields rose back above the 3 percent mark as investors assessed the outlook for global trade relations and increased tensions in the Middle East. Equity benchmarks dropped ...
Asus to pay millions euro to settle price manipulation allegations
May 15th, 2018
Taiwan’s Asustek Computer, known as Asus, on Friday said it reached an agreement with the European Union to pay about 65 million euros ($77.6 million) to settle allegations of price manipulation in its PC business in Europe. “Although it ...
Hong Kong is looking to bring innovative technology in lending business
May 14th, 2018
The Hong Kong Monetary Authority (HKMA), the government authority in Hong Kong responsible for maintaining monetary and banking stability, released an announcement to inform that has issued guidelines to banks on Credit Risk Management for Personal Lending Business. The guidelines ...
USA Regulator ordered a penalty of more than $2.2 million for Forex fraud scheme
May 14th, 2018
The Commodity Futures Trading Commission (CFTC) announced that Judge Esther Salas of the U.S. District Court for the District of New Jersey has entered an Order of default judgment and permanent injunction against Alcibiades Cifuentes (Cifuentes) and Jennifer Wee ...
How much does your country invest?
May 14th, 2018
Last year, total investment (both from the public and the private sectors) by European Union (EU) Member States amounted to almost €3 100 billion. Construction accounted for about half of these investments, with machinery, equipment & weapons systems (31%) ...
Iran is preparing to introduce its own brand of crude to the global market
May 11th, 2018
While US President Donald Trump moves to withdraw his country from the Iran nuclear deal, Tehran is preparing to introduce its own brand of crude to the global market. Facing the prospects of new economic sanctions, Iran moves to ...
Trading Platform Administrator
May 10th, 2018
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