Search Results for: First Data
Oil prices jump after data shows surprise U.S. stock draw
March 15th, 2017
Oil prices rebounded from three-month lows on Wednesday after industry data showed a surprise drawdown in U.S. crude stockpiles and as Goldman Sachs put a positive spin on OPEC‘s compliance with output cuts. U.S. West Texas Intermediate crude CLc1 ...
Crude oil hovers near three-month lows as investors await data
March 14th, 2017
Crude oil prices hovered near three-month lows on Tuesday in Asian trading, with investors waiting for key reports and data that may shed light on a supply overhang in the global market. U.S. West Texas Intermediate crude (WTI) CLc1 ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
Bitcoin has exceeded the value of an ounce of gold for the first time
March 3rd, 2017
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is ...
Visa to Launch First Everywhere Initiative in Europe
February 28th, 2017
Today, Visa announced that the Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into Europe. Entrants in Visa’s first-ever European Everywhere Initiative will have the opportunity to compete ...
DBS to hire 100 developers via first-of-its-kind hackathon
February 20th, 2017
DBS today announced plans to hire 100 developers skilled in emerging and disruptive technologies, as it ups the ante on reimagining banking. The new jobs will help DBS cement its position as a leading digital bank. Taking an innovative ...
The world’s first Bitcoin bank opened in Austria
February 16th, 2017
The Austrian capital Vienna has its first ‘Bitcoin bank’, located on the popular Mariahilfer Strasse shopping street. Customers can exchange cash for Bitcoin, and find out information about the digital currency. In January Bitcoin saw its value top $1,000 ...
Asian stocks rallied; Dollar headed for first weekly advance since December
February 10th, 2017
Dollar headed for first weekly advance since December S&P rose to record, Treasuries fell after tax cut promises Asian stocks rallied while the yen and government bonds slumped after U.S. President Donald Trump promised a plan to overhaul business ...
CySec informs regulated Entities about Data collection exercise by the European Banking Authority
February 1st, 2017
The Cyprus Securities and Exchange Commission (CySec) has issued a Circular to inform regulated Entities regarding Data collection exercise by the European Banking Authority for the potential reform of prudential requirements applicable to MiFID investment firms including the extent ...
Dollar edges up from 5-week low vs yen, markets brush off China trade data
January 13th, 2017
The dollar inched up from a five-week low against the yen and steadied against the broader basket of currencies on Friday, while the markets brushed off softer-than-expected Chinese exports figures. The dollar last stood at 115.04 yen JPY=EBS, up ...