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The yen climbed, gold price increased; Key financial events coming up this week
July 23rd, 2018
The yen climbed and Japanese government bonds slid on speculation that the Bank of Japan may debate some fine tuning in its stimulus policy. Asian stocks were mixed. The rise in Japan’s 10-year benchmark bond yield matched the biggest ...
European Parliament votes down EU copyright laws
July 9th, 2018
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 ...
Associations challenging crypto Ads ban to proceed with lawsuit
June 29th, 2018
Facebook’s recent decision to partially lift the ban on crypto ads will not stop a planned legal action against the measure. Crypto associations and businesses from several countries announced earlier this year their intentions to sue internet giants imposing ...
Investors warnings to avoid unathorized financial services firms
June 28th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), Sweden (Finansinspektionen), Austria (Financial Market Authority – FMA), Spain (Comisión Nacional del Mercado de Valores – CNMV), Hong Kong ...
New EU copyright filtering law threatens the internet as we knew it
June 20th, 2018
On June 20th, a committee of the European Parliament will vote on whether to proceed on a copyright proposal that some say will destroy the internet as we know it. That may sound fairly hyperbolic, but over 70 experts ...
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 ...
Spain to introduce the first “Real” Digital Tax in the EU
June 1st, 2018
The Treasury will impose a 5% tax on foreign and Spanish companies’ digital services. This new tax will be on the intermediary services and the publicity and sale of digital data up to 5% of the turnover of all ...
Most Asian stocks dipped, Gold lost 0.3 percent, Euro fell; Early investors review
May 22nd, 2018
Most Asian stocks dipped in a holiday-hit trading session Tuesday, with the dollar and U.S. Treasuries little changed as crude oil held around its highest New York level since 2014. Companies selling baby products saw gains after news that ...
The Euro and the Yen fell, Asian Stocks gain; Key events to watch this week
May 21st, 2018
Most Asian stocks gained Monday as U.S. equity futures jumped in the wake of news that the Sino-American trade war is on hold for now. Treasury yields nudged higher, taking the dollar with them. Equity benchmarks rose in Hong ...
Here are some important events coming up this week affecting investors around the world
April 23rd, 2018
Asian stocks were mixed with investors continuing to assess the outlook for trade discussions and geopolitical tensions. The dollar held last week’s advance and the 10-year Treasury yield climbed above 2.97 percent. The MSCI Asia Pacific Index of stocks ...