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John McAfee settles Intel legal action over name

July 11th, 2017 (0)
John McAfee, known for the anti-virus software bearing his surname, has settled legal action with technology giant Intel over the commercial use of his name. The chip-maker had warned Mr McAfee against renaming his current company – MGT Capital ...

Watch out: Global selloff in bonds; Investors on edge

July 7th, 2017 (0)
Asian bonds slump after German yields reach 18-month highs Yen falls as BOJ seeks to cap yields with bond purchase plan A global selloff in bonds and equities spread to Asia, with investors on edge as central banks step ...

DV Trading ordered to pay a $5 Million penalty

June 30th, 2017 (0)
CFTC Orders Rosenthal Collins Capital Markets LLC, Now Known as DV Trading LLC, to Pay a Civil Penalty of $5 Million for Engaging in Illegal Wash Sales Designed to Generate Exchange Rebate Fees Former RCCM Trader Brandon Elsasser also ...

The dollar extended its losses

June 30th, 2017 (0)
Dollar despairs on hawkish central banks, Asia stocks join global slump The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, ...

Oil and Gas Company and Top Finance Executives Charged with Accounting Fraud

June 29th, 2017 (0)
The Securities and Exchange Commission (SEC) charged a Canadian-based oil and gas company and three of its former top finance executives for their roles in an extensive, multi-year accounting fraud. The SEC’s complaint alleges that Penn West Petroleum Ltd., which ...

All Eyes are on the Bank of England; Pound Jumps vs Euro, Dollar

June 29th, 2017 (0)
Interest Rate Rise Ahead: British Pound Jumps v Euro, Dollar as Carney Joins Rush to the Exit Door of Extra-Loose Monetary Policy FX Rates 29-6-17: Pound to Dollar exchange rate today: 1.2962, week’s best: 1.2976, week’s low: 1.2706 Pound ...

Yen strengthened as crude oil price tumbled

June 21st, 2017 (0)
Shanghai equities fluctuate while Hang Seng index retreats Crude oil price tumbled into bear market on supply glut concerns Asian shares retreated and the yen strengthened as crude oil tumbled into a bear market on concern a global supply ...

Virtual currency Ethereum has risen 4,500 percent since the beginning of the year

June 20th, 2017 (0)
The price of Bitcoin has hit record highs in recent months, more than doubling in price since the start of the year. Despite these gains, Bitcoin is on the verge of losing its position as the dominant virtual currency. ...

MoU Signed to Accelerate the Development of the African Fintech Ecosystem

June 20th, 2017 (0)
Techpreneur Africa Signs Memorandom of Understanding with Abu Dhabi Global Market to Accelerate the Development of the African Fintech Ecosystem Speaking from a joint press release, TechPreneur Africa, a social impact firm focused on harnessing innovation and entrepreneurship to ...

Dollar holds advance; Japanese shares climbed to the highest since August 2015

June 20th, 2017 (0)
Dollar holds advance after Fed’s Dudley comments on rates path Hong Kong stocks erase gains before MSCI decision on A-shares Asian stocks advanced as technology shares continued a rebound and hawkish comments from a Federal Reserve official allayed concerns ...
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