Search Results for: MoU
Lifting sanctions on Iran opens up business opportunities
May 9th, 2016
Economic sanctions have cost Iran an estimated $120 billion (€105 billion) since 2012, primarily in lost oil and gas revenues. That equates to about 30 per cent of the economy of the second-largest country in the Middle East after ...
Number of Hong Kong brokerage firms reach a 20-year high
May 9th, 2016
Number of brokers amounted to 604 but the top 100 already hold 94.6 per cent of all trading The number of the stock brokers in Hong Kong has risen to a 20-year high. It shows the summer market rout ...
ASIC bans a fifth broker from Get Approved Finance
May 9th, 2016
ASIC has permanently banned former Perth-based finance broker Mr Grant Aaron Parker from engaging in credit activities and providing financial services. ASIC found that Mr Parker, of Alfred Cove, Western Australia, engaged in misleading conduct when brokering motor vehicle ...
US tax havens – the new Switzerland
May 9th, 2016
America is a magnet for offshore wealth, notably South Dakota, which has guaranteed secrecy In an old discount store hugging a corner in downtown Sioux Falls, South Dakota, the heirs to the William Wrigley chewing gum fortune have an office for ...
T-TIP: Salvation or trash-tip?
May 9th, 2016
President Obama weighed into the Brexit debate on his recent visit to the UK, saying that if Britain left the EU, she would be at the back of the queue when it comes to a free trade agreement. If ...
Greece adopted a controversial package of pension cuts and tax hikes
May 9th, 2016
Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next tranche of badly-needed bailout funds. The unpopular reforms, which saw ...
The creator of digital currency service “Liberty Reserve” was sentenced to 20 years in prison
May 9th, 2016
Bitcoin was not the first type of online money to be ever created, as it was preceded by E-Gold and Liberty Reserve, to name a few. The creator of Liberty Reserve was sentenced to 20 years in prison on ...
The Swiss National Bank reports a profit of CHF 5.7 billion for the first quarter of 2016.
May 9th, 2016
The Swiss National Bank (SNB) reports a profit of CHF 5.7 billion for the first quarter of 2016. A valuation gain of CHF 4.1 billion was recorded on gold holdings. The profit on foreign currency positions amounted to CHF ...
Gaming preferences and payment methods across the world
May 9th, 2016
The Internet has introduced new levels of comfort and convenience to contemporary society. Online, we can avoid suffering in long queues, stressing over decisions, or wasting time looking for something specific. Even children know that almost everything you could ...
Moscow Exchange announced total trading volumes in April increased by 24.1%
May 6th, 2016
Moscow Exchange (ticker: MOEX) announces trading volumes for April 2016. Total trading volumes increased by 24.1% YoY to RUB 68.6 trln. The Derivatives Market and Money Market posted the strongest growth, with volumes increasing 67.2% and 40.3% YoY, respectively. The Bond ...
