Search Results for: central banks
Bank of Russia revoked the licence of a Bank
April 25th, 2017
The Central Bank of the Russian Federation (Bank of Russia) has issued an announcement to inform on revocation of banking licence of credit institution Finars Bank and appointment of provisional administration. By its Order No. OD-1057, dated 21 April 2017, the ...
America’s financial war strategy
April 23rd, 2017
America’s renewed desire to escalate military tensions is a front for America’s continual financial war, this time directed at North Korea, Syria and possibly Iran. This is likely to be the opinion of China’s strategic advisors. We analyse the ...
Asian Stocks Fall as Dollar Slumps on Trump Talk: Markets Wrap
April 13th, 2017
Japanese shares lead decline as yen strengthens for fourth day Hong Kong equities pare losses amid Chinese export data Most Asian stocks fell after the dollar slumped and Treasury bond yields dropped to the lowest level this year in ...
Japan Stocks Tumble, Yen Gains Amid Risk Aversion: Markets Wrap
April 12th, 2017
Gold remains at year’s high as geopolitical concerns linger Treasuries extend gains, oil climbs for seventh session Japanese shares tumbled after the yen jumped to the highest since November as investors avoided riskier assets amid lingering geopolitical concerns. Treasuries ...
Financial fraud losses in UK totalled £768.8 million in 2016
April 1st, 2017
Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show. The new data shows banks and card ...
LCH SA offering repo clearing on German debt
March 28th, 2017
Extended service offers greater choice and more netting opportunities for RepoClear’s members Members of LCH SA can offset trades on German debt with eligible European repo transactions cleared at LCH SA, through T2S Settlement available via Clearstream Frankfurt, Euroclear ...
Yen stretches rally to seventh day; Asia Stocks Tumble
March 22nd, 2017
S&P 500 drops most since elections as reflation trades falter Yen stretches rally to seventh day while gold maintains gains Equities tumbled across Asia after the S&P 500 Index fell the most since Donald Trump’s election, as stocks joined ...
China’s new bitcoin rules call for identity check
March 17th, 2017
China’s central bank is moving to regulate its domestic bitcoin industry, circulating new guidelines that, if enacted, would require exchanges to identify clients and adhere to banking regulations. Recent scrutiny by the central bank has already led exchanges to ...
Which Gulf country’s banking sector is the top in assets volumes
March 9th, 2017
The UAE’s banking sector came first on the list of the banking sectors in terms of asset volume in the GCC region, with a total value of about US$711 billion, over (AED2. 61 trillion) in 2016, according to statistics ...
A beginner’s guide to Bitcoin; What it is, How it works, Where you can buy it?
March 6th, 2017
The Bitcoin is getting more and more publicity the last years as the controversial computer currency is used by many people and business in nowadays. As the bitcoin is getting “famous”, governments are increasingly looking about the its taxation ...
