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Slovakia Confirms Corporate Tax Cut
April 18th, 2016 (0)
Slovakia’s newly formed coalition Government has agreed to cut corporate tax as part of a recently agreed economic program. Under the plan, the four-member coalition led by Prime Minister Robert Fico, featuring parties on the center-right and the center-left ...

CEX.IO Bitcoin Exchange Launches Ethereum Trading
April 15th, 2016 (0)
CEX.IO Bitcoin exchange launched trading Ethers, currency used by the Ethereum decentralised platform that runs smart contracts. Following trends, CEX.IO has expanded the range of currencies traded on the exchange with ETH/BTC and ETH/USD. Famous for user-friendly experience of buying ...

The Monetary Authority of Singapore has issued a Monetary Policy Statement
April 14th, 2016 (0)
INTRODUCTION 1.   In October 2015, MAS kept the Singapore dollar nominal effective exchange rate (S$NEER) policy band on a modest and gradual appreciation path, but reduced its rate of appreciation slightly. There was no change to the width of the ...

Central Bank of Russia informs on revocation of banking licence
April 12th, 2016 (0)
The Central Bank of the Russian Federation (Bank of Russia) has issued an announcement to inform in relation to its decision to revoke the banking licence from the credit institution Joint-stock Commercial Bank KROSSINVESTBANK open joint-stock company. Due to the non-compliance ...

There’s still a lot of optimism for the eastern Mediterranean gas fields
April 11th, 2016 (0)
E MED: Short – Term problems cloud Longer – Term Outlook There’s still a lot of optimism surrounding the eastern Mediterranean, despite a recent decision by the High Court in Jerusalem that will delay Israeli field developments and continuing ...

CySec imposed an Administrative Fine of €235.000 on a Cyprus Investment Firm
March 31st, 2016 (0)
The Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform investors that, at its meeting held on January 18, 2016, the Commission decided to impose a total administrative fine of €235.000 to the CIF Ouroboros Derivatives Trading ...

India to OPEC: We’ll take that extra oil you’re pumping
March 30th, 2016 (0)
India’s got an oil problem. The country’s lightning-fast growth rate is fueling increased demand for crude. Yet India doesn’t pump much oil at home, forcing it to rely on foreign imports. India also lacks a strategic petroleum reserve, or ...

Citi to Ship New Costco Cards in May
March 28th, 2016 (0)
Costco and American Express announced end of 16-year relationship last year Costco shoppers will soon get their new plastic. Citigroup Inc. said on Friday that it will start mailing its new Costco Wholesale Corp. co-branded credit cards to members of the warehouse ...

Will bitcoin provide banks with their ‘Kodak Moment’?
March 16th, 2016 (0)
The world’s banks are facing a ‘Kodak Moment’ if they continue to dismiss the virtual currency bitcoin as just the opening act for more revolutionary blockchain-based innovation, says Max Tannahill, a business change and implementation manager at ANZ It ...
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