Search Results for: MoU
Forex Brokers in Philipines try to stop Metrobank from closing their accounts
May 23rd, 2016
AMID a clampdown by banks on ties with money changers and remittance firms, a group representing local foreign exchange dealers is pushing back and challenging what it describes as a unilateral action of local banks to end its business ...
Cryptocurrency Ethereum has seen its value skyrocket
May 23rd, 2016
Ethereum, the world’s second-most valuable cryptocurrency, has seen its value skyrocket as investors and developers have sought different ways to use the technology introduced by bitcoin. But is it ready for the big time? That’s what some are asking ...
Nearly a quarter of lawyers would quit and start their own firm
May 23rd, 2016
A poll by specialist recruiter Robert Half Legal has shown that 23 per cent of lawyers would choose to quit their current job and start up on their own if they had the capital. The figure represents an 18 ...
Unintended Consequences, Part 1: Easy Money = Overcapacity = Deflation
May 20th, 2016
Somewhere back in the depths of time the world got the idea that easy money — that is, low interest rates and high levels of government spending — would produce sustainable growth with modest but positive inflation. And for ...
Oil prices rise as turmoil in Nigeria adds to global supply disruptions
May 20th, 2016
Oil prices rose in early trading on Friday as turmoil in Nigeria, shale bankruptcies in the United States and crisis in Venezuela all contributed to tightening supplies. Despite this, brimming inventories across the world were preventing supply shortfalls and ...
Coinbase will start trading bitcoin rival ethereum on its cryptocurrency exchange
May 20th, 2016
Ethereum is having a moment. Coinbase, a bitcoin-only exchange, is planning to add support for ethereum, the company said today (May 19). Coinbase exchange users will be able to buy and sell ether, the virtual currency unit behind ethereum ...
Asia emerged as the next big opportunity in fintech
May 20th, 2016
Asia’s emerged as a key market for financial technology players, as the continent’s large population and limited banking network lures billions in funding. Investors poured $4.5 billion into fintech companies in Asia in 2015, three times the amount attracted ...
Teddy Sagi’s Xwise, a subsidiary of Playtech Cyprus Ltd is laying off 140-150 of its 200 employees
May 19th, 2016
Xwise provides supplementary services to customers who have purchased software from online gambling services firm Playtech, its parent company. Xwise, a subsidiary of Playtech Cyprus Ltd. (LSE:PTEC), whose largest shareholder is Israeli billionaire Teddy Sagi, is laying off 140-150 ...
The Endgame
May 18th, 2016
And how we got here There is a growing fear in financial and monetary circles that there is something deeply wrong with the global economy. Publicly, officials and practitioners alike have become confused by policy failures, and privately, occasionally ...
ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...