MIT SA announcement on its front to back Trade Finance platform
February 2nd, 2015
MIT (Micro Informatique & Technologies SA) issued a press release to announce that: Spar Nord Bank in Denmark has opted for MIT’s front to back Trade Finance platform to replace its existing systems. The platform is composed of CREDOC ...
Web Developer Officer
January 30th, 2015
Reference Number: WDO2014 The key responsibilities of the role include: Developing new web applications and technologies PHP development as per project needs with the use of frameworks Developing database management systems on the web and ensuring the design and pattern ...
Central Banks and Economic Reports Keep Bull Market Alive
January 28th, 2015
At the age of 72 months, the U.S. bull market may be long in the tooth. Stocks may be significantly over-priced based on the CAPE-10 P/E ratio, and Warren Buffett’s favorite measurement, the ratio of market capitalization to GDP. ...
Why Korea’s Central Bank Thinks It Won’t Catch Japan’s Deflation
January 28th, 2015
Households surveyed by the Korean central bank expect consumer price gains of 2.6 percent in the next 12 months. Deflation in South Korea is a looming threat, according to economists at Nomura Holdings Inc. and Samsung Securities Co., who ...
Iron ore price tumbles to fresh 5.5-year low
January 27th, 2015
Iron ore has tumbled to a fresh five-and-a-half-year low as a sharp decline in steel prices and softening demand from China, the world’s largest consumer, weigh on prices of the steelmaking material. The price of ore with 62 per ...
Europe Stocks Near Seven-Year High on ECB Stimulus After Greece
January 26th, 2015
European stocks traded near a seven-year high amid optimism about central-bank stimulus, while Greek shares dropped as opposition party Syriza won an election. The Stoxx Europe 600 Index slipped less than 0.1 percent to 370.20 at 2:50 p.m. in ...
Speaking at Davos, Google’s executive chairman Eric Schmidt says the Internet will vanish
January 23rd, 2015
Speaking at Davos, Google’s executive chairman explains that we’ll all be experiencing our digital connections as a seamless part of our everyday world. Digitally speaking, we’re not even plodding along yet. Why, AT&T is throttling my data this month ...
Oil jumps as Saudi king’s death feeds market uncertainty
January 23rd, 2015
Oil prices jumped in Asian trading on Friday as news of the death of Saudi Arabia’s King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades. Abdullah died early on Friday and ...
Markets edge higher anticipating ECB stimulus plan
January 22nd, 2015
US stocks finished Wednesday’s volatile session with marginal gains as investors expect the European Central Bank to unveil the monetary stimulus program at its meeting on Thursday. Investor confidence was further boosted by rising oil prices. The market advance ...
EU legal advisor supports ECB’s bond purchase plan
January 15th, 2015
EU Advocate General Cruz Villalon on Wednesday gave legal support to the European Central Bank (ECB) plan to purchase government bonds as an attempt to remedy the financial crisis in the Eurozone. The Outright Monetary Transactions program sets economic ...
