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Asian stocks fell, British pound rose; Key financial events coming up this week

July 16th, 2018 (0)
Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest economy’s ability to the withstand the impact of the trade dispute. Crude slid and the yen traded near the weakest level ...

ESMA published details of its action plan for systematic internaliser regime calculations

July 13th, 2018 (0)
The European Securities and Markets Authority (ESMA) has published details of its action plan (within its updated Q&As on MiFID II and MiFIR transparency topics) for systematic internaliser (SI) regime calculations ahead of their publication on 1 August 2018. ...

Bitcoin is down 66%. But it still may be the future of money

July 11th, 2018 (0)
The price of one bitcoin (XBT) is now hovering around $6,400. That’s a more than 50% drop in 2018 and a 66% plunge from the all-time high of just under $20,000 that bitcoin hit in late December. Other cryptocurrencies, ...

In which European country are the most cars per inhabitant?

July 10th, 2018 (0)
In 2016, the EU had on average 505 cars per 1 000 inhabitants. Despite an increase over the last years, passenger cars powered by alternative fuels, including hybrid cars, only made up a small share of the fleet of ...

EQT acquires Saxo Payments Banking Circle from Saxo Bank

July 9th, 2018 (0)
EQT VIII and EQT Ventures, in partnership with Saxo Payments Banking Circle’s founders and other co-investors, to acquire Saxo Payments Banking Circle Saxo Payments Banking Circle’s unique banking platform enables cross-border payments with reduced complexity, time and cost EQT ...

European Parliament votes down EU copyright laws

July 9th, 2018 (0)
MEPs have rejected a proposal to begin negotiations on EU copyright reform. The proposal had been approved by Parliament’s legal affairs committee. The file will now be debated and subject to a vote during the September plenary session. The ...

Mastercard pushes for rise in cashless payments

July 6th, 2018 (0)
Mastercard is pushing for a bigger uptake of cashless payments, but the company reassured consumers it has “massive contingency plans” for IT failures like those that blocked millions of transactions at rival Visa. Anne Cairns, the group’s vice chairman, ...

Initial Coin Offerings: A total of $13.7 billion USD raised the first five months of 2018; Report

July 5th, 2018 (0)
The Crypto Valley Association has teamed up again with Strategy&, the strategy and consulting division of CVA member PwC, to launch the June 2018 edition of their quarterly reports on the global Initial Coin Offering (ICO) market. The report, ...

Business investment rate up to 23.1% in the euro area

July 5th, 2018 (0)
In the first quarter of 2018, the business investment rate was 23.1% in the euro area, compared with 22.9% in the previous quarter. The business profit share in the euro area was 40.6% in the first quarter of 2018, ...

International fight against tax fraud steps up a gear

July 5th, 2018 (0)
The UK, Canada, the Netherlands, the United States and Australia have launched an international tax and anti-money laundering team. The Joint Chiefs of Global Tax Enforcement (J5) body will build on existing international cooperation by sharing intelligence and expertise, ...
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