Search Results for: SIX
Online payment services make big IPO waves this year; Global IPO rankings in 2018
September 11th, 2018
The over $5 billion initial public offering in Hong Kong of Xiaomi, the world’s No. 4 smartphone maker, may have made the biggest splash in the global initial public offering market in the first half of the year, but ...
Early Forex Review: Euro, sterling rise on hopes for Brexit deal
September 11th, 2018
The euro and sterling rose against the dollar on Monday after the European Union’s top negotiator said an agreement for Britain to leave the economic bloc might be reached in the coming weeks. The pound in particular had been ...
Investment fraud led to the loss of more than £2.8m of investors’ money
September 10th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued an announcement to inform about FCA’s second largest ever criminal prosecution and most complex fraud investigations. Operation Tidworth was ...
Dollar dips as Pound bounce; Emerging currencies seen curbing safe-haven dollar’s fall
September 6th, 2018
The dollar sagged on Thursday as the pound led a bounce in European currencies, although skittish emerging market currencies and global trade concerns limited the greenback’s losses. The Australian dollar also dipped, failing to draw support from slightly better-than-expected ...
Property investment scam: Affected investors lost millions, feel “unprotected by the law”
September 5th, 2018
“The only thing that is left for us now is to file a complaint and pray that the money hasn’t been spent on casinos and luxury hotels.” Around 60 people who have been affected by an alleged scam in ...
Russian Police seize 22 Cryptocurrency ATMs
September 4th, 2018
Russian police have recently seized cryptocurrency ATM machines under orders from the country’s central bank. According to local publication RBC, the ATM developer impacted by the seizure plans to appeal the action, and has incurred economic damage and costs ...
Global economy is facing a ‘perfect storm’, warns BIS chief
August 29th, 2018
The problem with the current US policy of using tariffs to pursue trade and economic strategies is that they are such a crude tool to use within such a complex, sophisticated and global ecosystem. The Bank of International Settlements’ ...
Dollar steady against the euro and a basket of major currencies
August 28th, 2018
The dollar was steady against the euro and a basket of major currencies after the United States and Mexico agreed to overhaul the North American Free Trade Agreement, boosting optimism for an easing of global trade tensions. The agreement ...
Cryptominers dreaming of rebound after price crash
August 27th, 2018
Surrounded by the cryptocurrency mining “rig” that is taking over his bedroom, “Ali” lays bare the risks of his trade, revealing his profits “are a tenth of what they were”. Prices of cryptocurrencies have plunged since the heady heights ...
Currency Woes
August 17th, 2018
This week’s collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of ...
