Search Results for: World Bank
Aussie dollar tumbled, Kiwi extended a slide, Gold fell 0.3 percent, Japan’s Topix index rose
October 25th, 2017
Gains in Asian equities stalled at recent highs, while optimism in the world economy and encouraging earnings reports buoyed the dollar and bond yields. The Australian dollar sunk to its lowest since July after inflation data damped the outlook ...
A Market That is Finally Warming Up to Reverse Mortgages
October 24th, 2017
While the global pension crisis looms, the Brexit move may not have been a bad decision at all. The UK is seeing a greatly reduced pension deficit of £65 billion, which is a fair amount less than their American counterparts ...
Former HSBC Executive Found Guilty of Fraud in $3.5 Billion Currency Trade
October 24th, 2017
A U.S. jury on Monday found former HSBC executive Mark Johnson guilty of defrauding Cairn Energy (CRNZF, +0.00%) in a $3.5 billion currency trade in 2011. U.S. prosecutors have said that Mark Johnson, formerly head of HSBC’s global foreign ...
Asian shares hover near recent highs; European STOXX 600 shares rose, the S&P 500 lost 0.40 percent
October 24th, 2017
Asian shares held within striking distance of recent decade highs on Tuesday and major currencies kept to narrow ranges, while the New Zealand dollar fell after the country’s incoming Labour government laid out its left-leaning priorities. The policies were ...
Bitcoin market cap tops $128 billion for the first time in its history
October 23rd, 2017
Institutional investors are avoiding Bitcoin, saying it is the most crowded trade in global markets. On Monday, the crypto-currency experienced a surge in trading volume that boosted it to $7710 a coin ($US6026) and surpassed a market capitalisation of ...
Oil prices rise on tightening supply, strong demand
October 23rd, 2017
Oil prices rose on Monday over supply concerns in the Middle East and as the U.S. market showed further signs of tightening while demand in Asia keeps rising. Brent crude futures LCOc1, the international benchmark for oil prices, were ...
Web Shield & iSignthis to deliver unified legal entity & UBO KYC
October 19th, 2017
Highlights: Web Shield’s Know Your Customer Corporate/Business (KYCB) InvestiGate Platform to feature Know Your Customer (KYC) for individual UBO’s, PSC’s and Directors iSignthis Service to be enabled for all Web Shield customers globally from Nov 2017 Web shield will ...
Stocks in Asia paused near recent highs
October 17th, 2017
Stocks in Asia paused near recent highs as concerns about North Korea reemerged, while Australian bonds fell with Treasuries as speculation climbed that the next head of the Federal Reserve will be more hawkish. Equity benchmarks fluctuated across Asia ...
Tradefinancial transacting via ISXPay Australia
October 16th, 2017
Highlights: Australian CFD Trader, Tradefinancial, completes integration and is now transacting “live” with ISXPay® via Paydentity™ platform. ISXPay® providing payment processing, settlement and full payment facilitation services Tradefinancial will contribute revenue in the current quarter Australian Securities and Frankfurt ...
Dollar advanced against its major G10 peers; Key events coming up this week
October 16th, 2017
Stocks in Asia advanced with bonds after inflation data in the U.S. added to evidence that global growth is continuing steadily with limited price pressures in the American economy. Equity indexes climbed from Tokyo to Sydney with a gauge ...
