Search Results for: GAIN Capital
Bitcoin Exceeds $20 Billion in Market Cap
March 7th, 2017
The soaring gains made by bitcoin in its latest bullish run in 2017 has seen the cryptocurrency’s market capitalization now exceed $20 billion for the first time in its history. Bitcoin’s price rally and a few stumbles have already ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
London Stock Exchange reports total income up 17% to £1,657.1 million for 2016
March 4th, 2017
Unless stated otherwise, all figures in the highlights below refer to continuing operations1 for 12 months to 31 December 2016 and comparisons with the prior 12 month period on the same basis. Continued execution against strategic objectives and investment ...
$299 million in compensation to investors; CSA published 2016 Enforcement Report
March 2nd, 2017
Canadian Securities Regulators introduce innovative initiatives and increase collaboration to deter market misconduct The Canadian Securities Administrators (CSA) today released its 2016 Enforcement Report. The ninth annual report highlights actions taken across Canada to deter and sanction wrongdoing in ...
Why All Exchange Rates Are Bad
March 2nd, 2017
The economics of exchange rates can be tough sledding. Every now and then, I post on the bulletin board beside my office a quotation from Kenneth Kasa back in 1995: “If you asked a random sample of economists to ...
Former deputy attorney-general of Cyprus was sentenced to 3.5 years in prison
March 1st, 2017
Former deputy attorney-general Rikkos Erotokritou was sentenced to 3.5 years in prison on Wednesday for his involvement in a conspiracy with the Andreas Neocleous law firm in 2013. Panayiotis Neocleous, one of the law firm’s partners and son of ...
Israel Tax Authority probing 30,000 more Israelis’ US accounts
February 28th, 2017
Information from the IRS will be cross-checked with reports by Israelis about their overseas assets. The Israel Tax Authority today announced that in recent days, it had obtained additional information about 30,000 accounts at US financial concerns belonging to ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
Global (economic) warming
February 26th, 2017
If the economy was on its uppers, Trumpenomics could be reasonably compared with Reaganomics. But that is not the case. The economy is operating close to capacity, ….any further fiscal and monetary expansion will begin to create …. economic ...
EU Council to close down hybrid mismatches between EU an non-EU countries tax systems
February 23rd, 2017
On 21 February 2017, the Council agreed its position on rules aimed at closing down ‘hybrid mismatches’ with the tax systems of third countries. The draft directive is the latest of a number of measures designed to prevent tax avoidance by large companies. ...
