Search Results for: World Bank
Fintech startup offers loans of up to £5,000 in just two minutes
March 16th, 2017
Fintech startup Revolut has partnered with a peer-to-peer lender to offer loans to users, its newest product in addition to a current account and money transfers. With Lending Works, it will offer loans of up to £5,000 at a ...
PayPal Invests in $48 Million Series C of Korean Fintech Payments Startup
March 15th, 2017
South Korean Fintech firm Viva Republica has closed a KRW 55 billion ($48 million) Series C round of funding which saw participation from the likes of PayPal and other significant backers. Viva Republic is the developer opf Toss, a now-popular peer-to-peer ...
HSBC appoints Group Chairman
March 13th, 2017
HSBC appoints Mark Tucker to succeed Douglas Flint as Group Chairman HSBC Holdings plc announces the appointment of Mark Tucker as a director and Group Chairman Designate from 1 September 2017. Mr. Tucker will take over as non-executive Group ...
Oil prices hit 3-month low as U.S. rig count climbs
March 13th, 2017
Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept adding rigs. Brent crude LCOc1 had fallen 39 cents, or 0.8 percent, to at $50.98 ...
Sugar analysts chew over recent price volatility
March 10th, 2017
Sugar analysts chew over recent price volatility Analysts are chewing over whether sugar futures in New York have found a floor, after bouncing late in the previous session. There has been heavy technical selling in sugar markets, after front-month ...
Asia stocks firm ahead of U.S. jobs, dollar hits one-and-half-month high vs yen
March 10th, 2017
Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report due later in the day. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 ...
Rising demand for chartered accountants in Middle East
March 9th, 2017
As business models become more complex and sophisticated, every enterprise needs qualified professionals to help them invest, develop and grow prudently. Since 1961, The Institute of Chartered Accountants of Pakistan (ICAP) has been playing a pivotal role in meeting ...
Four key trends that will affect global investments
March 9th, 2017
The global economy is starting to reflate with stronger growth and higher inflation expected in 2017. This coincides with a period in which monetary policy is likely to become less supportive, creating the potential for increased volatility in financial ...
Cryptocurrencies are getting more popular, but why someone to use them?
March 9th, 2017
Cryptocurrencies like Bitcoin, Litecoin or Ether are getting more popular among people as more companies tend to accept them as a mean of payments. Cryptocurrencies are not bound by geography or any Central Bank. Out there, exist over 3000 ...
Numerix Acquires TFG Financial Systems
March 9th, 2017
Numerix, the leader in risk technology today announces the acquisition of TFG Financial Systems, the only real-time risk, P&L and position management system in the industry. TFG’s dependency graph capabilities, at the heart of its SaaS risk and portfolio ...