Search Results for: MoU
These factors will affect the oil price in the future
April 3rd, 2017
When oil price bottomed around $27 per barrel last year in February, many predicted a major reversal and the dark days for producers to be over. Yet, more than a year after the bottom, the oil market is struggling ...
New Zealand confirms that selling Spot FX contracts, CFD and binary options to be licensed
April 3rd, 2017
The Financial Markets Authority has today confirmed that businesses selling short-duration derivatives need to be licensed. The Financial Markets Conduct Act introduced licensing for derivatives issuers in December 2014. The FMA has been reviewing how it regulates short-duration derivative ...
Credit Swiss is mired in an international tax evasion probe
April 3rd, 2017
Credit Swiss is mired in an international tax evasion probe into thousands of suspect bank accounts. A tip off to the Dutch police prompted raids in The Netherlands, Britain,Germany, France and Australia. The UK’s HM Revenue & Customs confirmed ...
Singapore Exchange to support capital access for the start-up and SMEs
March 31st, 2017
Singapore Exchange (“SGX”) today announced the signing of two Memoranda of Understanding (“MOU”) separately with Crowdonomic Media Pte Ltd (“Crowdo”) and PwC’s Venture Hub, as part of its drive towards supporting and facilitating capital access for the start-up and ...
Citibank refunds $5 million in credit card international transaction fees
March 31st, 2017
Citigroup Pty Limited (Citibank) has refunded approximately $5 million to around 230,000 customers, for failing to properly disclose that credit card international transaction fees apply to Australian dollar transactions where the merchant uses an entity based overseas to process ...
Oil dips after three-day rally, but support seen above $50 per barrel
March 31st, 2017
Oil prices eased on Friday as traders took profits following three days of straight gains on the expectation that an OPEC-led crude supply cut that was initially supposed to only last for the first half of the year would ...
Thomson Reuters Collaborates with Finatext
March 30th, 2017
Thomson Reuters Collaborates with Finatext in the Development of New Investment Information Service Thomson Reuters delivers data service from FinTech firm Finatext using social media analysis of listed stocks in Japan Thomson Reuters has announced the launch of a ...
Why mobile shopping clicks in UAE
March 30th, 2017
Samina Subhani had been trying for months to locate a very special item for her two children. Both her son and daughter are avid Star Wars fans and had their heart set on owning a pair of replica lightsabers ...
NIK: 80% of forex traders lost money
March 30th, 2017
As many as 80 percent of Forex traders have lost their money, Poland’s Supreme Audit Office (NIK) said. Between 2012-2016, clients of Polish FX trading companies have lost PLN 2.1 billion combined. The average loss per customer amounted to ...
More than 23,000 investors lost money in a Forex scam
March 30th, 2017
Police in Malaysia finally took down the VenusFX forex scheme syndicate that swindled RM80mil from more than 23,000 victims. Federal Commercial Crime Investigation Department director Comm Datuk Acryl Sani Abdullah Sani said investigations showed that VenusFX had cheated a ...
