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HKEX to Introduce its First RMB Currency Options on 20 March

February 16th, 2017 (0)
Hong Kong Exchanges and Clearing Limited (HKEX) will introduce its planned Renminbi (RMB) Currency Options on Monday, 20 March 2017. The US dollar-Offshore RMB (USD/CNH) Options will be the first currency options traded at HKEX. The eight contract months ...

Huge gas finds in Mediterranean Sea waiting to be tapped

February 16th, 2017 (0)
Huge gas finds in Mediterranean Sea waiting to be tapped As the helicopter roars its way west from the Tel Aviv coast, two dots emerge from the featureless blue. Closer up, they begin to take shape: Giant platforms for ...

FCA reports on new evidence on liquidity in the UK corporate bond market

February 16th, 2017 (0)
The Finacial Conduct Authority (FCA) of UK, has issued a press release to inform regarding new data for the liquidity in the UK’s corporate bond market over the past two years. Below is the press releases as it was ...

The world’s first Bitcoin bank opened in Austria

February 16th, 2017 (0)
The Austrian capital Vienna has its first ‘Bitcoin bank’, located on the popular Mariahilfer Strasse shopping street. Customers can exchange cash for Bitcoin, and find out information about the digital currency. In January Bitcoin saw its value top $1,000 ...

European loan sales reach €103.3 billion for 2016

February 15th, 2017 (0)
Italy had the highest amount of NPLs at €36 billion in 2016 Deloitte expert predicts European loan sales could surpass €200 billion in 2017 Sales of European non-performing loans (NPLs) and non-core assets (NCAs) totalled €103.3 billion in 2016. ...

EU Commission to take legal action against U.S. plans for border tax

February 15th, 2017 (0)
The European Commission says it is prepared to take legal action against US plans to impose a border tax. “If somebody is behaving against our interests or against international rules in trade then we have our own mechanisms to ...

CFTC charged individual and his companies for Gold investment fraud schemes

February 15th, 2017 (0)
CFTC Charges Carlos Javier Ramirez and His Companies, Gold Chasers, Inc. and Royal Leisure International, Inc., with Misappropriation, Fraudulent Sales Solicitation, and Issuing False Statements in Fraud Schemes Involving Gold Defendants Allegedly Fraudulently Solicited and Received more than $4 ...

The outlook of employee salaries in Gulf region for 2017

February 13th, 2017 (0)
Many companies in the Gulf Cooperation Council (GCC) region are not planning to change their compensation budgets for 2017, with employee salaries expected to continue at a relatively flat rate compared to a year ago. Recent data released by ...

What Kuwait forecast for oil prices

February 13th, 2017 (0)
Kuwait says oil prices to rise with higher level of output deal compliance Kuwaiti oil minister Essam Al Marzouq said on Monday current oil prices were good and are expected to rise with higher compliance to an output reduction ...

University of Luxembourg: Researchers develop Zcash cryptocurrency

February 13th, 2017 (0)
Scientists at the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg have developed an important mathematical algorithm called “Equihash”. Equihash is a core component for the new cryptocurrency Zcash, which offers more privacy and ...
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