Search Results for: economy
UN report: Social network payments now reach nearly US $3 trillion in China
April 24th, 2017
Payments on messaging and e-commerce platforms set to increase China’s GDP by $236 billion by 2025, unlocking new economic opportunities for people and small businesses A new UN study reveals that Alipay and WeChat Pay enabled US$2.9 trillion in ...
Euro Jumps on French Result; China Selloff Resumes: Markets Wrap
April 24th, 2017
Investors bet on Macron victory after first round of voting Yen slides, U.S. futures advance while Shanghai shares slump A relief rally amid speculation that pro-growth centrist Emmanuel Macron will become France’s next president was offset by a selloff in ...
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 ...
Here’s what Venezuela’s deepening crisis means for oil prices
April 21st, 2017
Venezuela and its worsening economic and political crisis may be an underappreciated wild card when it comes to the outlook for oil prices. The nation, which has the world’s largest oil reserves, is suffering an economic collapse that has ...
Asian Stocks Gain on Kuroda, U.S. Tax Reform Hopes: Markets Wrap
April 21st, 2017
BOJ head Kuroda sees accommodative policy continuing in Japan Steve Mnuchin says tax reform in U.S. will be sweeping Equities climbed across Asia as optimism spread for a U.S. tax overhaul and the yen weakened after Bank of Japan ...
ASIC signs fintech Cooperation Agreement with OJK to promote innovation in financial services
April 21st, 2017
The Australian Securities and Investments Commission (ASIC) and Indonesia’s Otoritas Jasa Keuangan (OJK) have entered a Cooperation Agreement to promote innovation in financial services in their respective markets. The agreement, signed today in Melbourne, establishes a framework for cooperation ...
UAE, the new key role player in the Middle East
April 20th, 2017
The United Arab Emirates (UAE) is likely to play a bigger role in the conflict-ridden Middle East due to its economic, military, and political influence. For most of the past four decades, the UAE has maintained a low-key role ...
UK Alternative Investment Market shrugs off Brexit fears
April 20th, 2017
The Alternative Investment Market (AIM) has shrugged off Brexit related fears with an improved performance in the last 12 months, according to our research. The number of companies leaving AIM has dropped by 16% in the last 12 months, ...
Fintech in the Middle East and North Africa is booming
April 20th, 2017
Fintech startups in the Middle East and North Africa have raised $100-million over the last decade, yet 28% fail in their initial years, says a new report by business support organisation Wamda and online payment gateway Payfort. Released last ...
International law firm to launch its third international office in Madrid
April 20th, 2017
International law firm Pinsent Masons has announced plans to launch its third international office in less than 12 months, with a Madrid presence expected to open in May. The firm has brought together a team of six partners to ...
