Search Results for: NEX Group
Lessons from Japan: Decades of Decay, Unavoidable Collapse
April 27th, 2016
Japan has proven that decay can be stretched into decades, but it has yet to prove that gravity can be revoked by central bank monetary games. Japan’s fiscal and monetary extremes are in the news again: this time it’s ...
Europe Stocks Little Changed as Munich Re Falls, Barclays Gains
April 27th, 2016
European equities fluctuated, inching lower for the fourth time in five days, with investors increasingly skeptical about the recent rally scrutinizing earnings releases. Munich Re fell 3.5 percent, dragging insurers lower, after forecasting lower profit than previously expected. Barclays Plc climbed ...
Artificial Intelligence seen as opportunity and threat by financial services sector
April 26th, 2016
New global survey reveals tensions between optimism and unease Majority believe AI and other fintech will make financial markets more competitive by 2018 But more than three-quarters say regulators are unable to keep pace with changing technology Sixty percent ...
Gramegna Confirms Luxembourg Corporate Tax Cut
April 26th, 2016
Luxembourg Finance Minister Pierre Gramegna confirmed to parliament on April 21 that the Government will gradually reduce the rate of Luxembourg’s corporate tax, but proposed restrictions to loss rules have been tweaked. Reaffirming plans first announced by the Government ...
Asian Stocks Slip Before Fed, BOJ as Yen Rises; Ringgit Slides
April 26th, 2016
Copper drops as oil resumes gains; U.S. Treasuries advance Malaysia’s currency slumps as state fund misses bond payment Asian equities fell for a third day and copper dropped to a one-week low as investors shunned riskier assets ahead of ...
Iran Outwitting Saudis on Oil, Bloomberg Says
April 25th, 2016
Iran’s oil exports are growing much more quickly than analysts predicted back in January when sanctions were eased. If the recovery continues at the recent pace, it could raise an interesting dilemma for OPEC’s top exporter Saudi Arabia at the ...
China’s biggest tax reform for 20 years set to buoy growth
April 22nd, 2016
China’s biggest tax overhaul in more than two decades starts on May 1, with changes set to reduce the burden on services companies and encourage factories to upgrade and innovate. Under the new system, taxes in the construction, property, finance and ...
Samsung Pay partners with global POS providers to accelerate m-payment adoption
April 22nd, 2016
Samsung Electronics Co., Ltd announced today new partnerships with the world’s largest POS makers, including Verifone (NYSE: PAY), Ingenico Group, First Data and Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global, to accelerate mobile payment ...
FSMA updated its list of unauthorised investment firms in Belgium
April 19th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. ...
CFTC Announces Additional Names to Its List of Foreign Entities that Illegally Solicit U.S. Residents in Forex and Binary Options
April 19th, 2016
Registration Deficient (RED) List on CFTC Website Identifies Companies Operating Illegally without Being Registered As part of the U.S. Commodity Futures Trading Commission’s (CFTC) ongoing efforts to help protect Americans from fraud, today the agency announced the addition of ...