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LG moves into mobile payments market

November 20th, 2015 (0)
Korean mobile handset manufacturer LG is to step into the crowded m-payments market, forming an alliance with Shinhan Card and KB Kookmin Card to launch LG Pay. LG quietly revealed its plans on its Facebook page, posting a picture ...

SEC warns for fraudsters who may attempt to manipulate share prices by using social media

November 6th, 2015 (0)
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...

UK tech retailers suffering from a series of DDOS attacks – DDOS attackers demanded bitcoin ransom

October 21st, 2015 (0)
Over the last 24 hours it would seem that several prominent UK tech retailers have been targeted by DDOS attacks, which may also turn out to be linked to a group demanding large Bitcoin ransoms. Affected sites include Overclockers ...

Are You Ready to Buy Stocks at Your Grocery Store?

October 14th, 2015 (0)
Kmart, Office Depot, Safeway and other retailers roll out gift cards that give recipients shares in top companies Now selling at the checkout counter: breath mints, hand sanitizer and…$25 of Berkshire Hathaway stock? In a new twist on the bustling gift-card ...

Regulatory authorities of Italy and Belgium warn the public for unauthorised investment firms

October 13th, 2015 (0)
The Commissione Nazionale per le Società e la Borsa (Consob), the regulatory authority of Italy and the Financial Services and Markets Authority (FSMA), the regulatory authority of Belgium, have issued “Warning” announcements to inform investors and public for companies ...

EU Court Says Data-Transfer Pact With U.S. Violates Privacy

October 7th, 2015 (0)
Decision will affect about 4,500 companies that move, store personal data The European Union’s highest court on Tuesday struck down a trans-Atlantic pact used by thousands of companies to transfer Europeans’ personal information to the U.S., throwing into jeopardy ...

Document Reveals How Deutsche Bank Fires Traders With a ‘Thank You’

September 28th, 2015 (0)
E-mails show discussions on firing traders amid Libor scandal Internal script disclosed in filing to German regulators   Deutsche Bank AG traders should be wary of calls that start with a thank you. “Thank you for making yourself available ...

Greek Banks Said to Face Recapitalization at Top of Range

September 24th, 2015 (0)
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks   Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...

Methods of Tax Avoidance: Doubts Grow Over Fight Against Big Business Tax Evasion

September 24th, 2015 (0)
Lawmakers in the European Union say they have doubts that the fight against “aggressive” tax saving plans by the likes of Amazon, Barclays, Coca Cola, Facebook and Google can be sustained because of a lack of political agreement. The ...

HSBC Thinks China Stocks Rout Is Nearly Over

September 24th, 2015 (0)
Margin loans are at 10-month low relative to market value Record selloff by leveraged traders fueled stock declines   Further losses by Chinese stocks are limited after leveraged traders cut $218 billion of positions, according to HSBC Holdings Plc. The ...
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