Search Results for: economy
Paysafe Group exceeds $1bn in revenue for the first time
March 7th, 2017
Paysafe Group plc (LSE: PAYS, “Paysafe” or the “Group”), a leading global provider of payment solutions, announces its audited preliminary results for the year ended 31 December 2016. Financial highlights $m 2016 2015 Revenue 1,000.3 613.4 Year-on-year revenue growth ...
Dubai Financial Services Authority published FinTech consultation paper
March 7th, 2017
The Dubai Financial Services Authority (DFSA) is enhancing its contribution to Dubai’s position as the region’s leading hub for innovation through the publication of a new FinTech consultation paper today. The paper is the third in a series, setting ...
Asia Stocks Gain Amid Thin Volumes; Aussie Climbs: Markets Wrap
March 7th, 2017
Australian dollar holds advance as RBA leaves rates unchanged South Korea, Hong Kong-traded Chinese shares lead advance Asian stock markets were mostly higher in thin trading as investors assessed the prospects for further gains after a rally leading up ...
China unseats eurozone as world’s largest banking system
March 6th, 2017
New analysis by the Financial Times shows China’s banking system has overtaken the eurozone to become the world’s biggest by assets. The status reflects the country’s increasing global influence and its reliance on growth driven by debt. According to ...
How digital is your country? The performance of the European countries
March 6th, 2017
The 2017 Digital Economy and Society Index (DESI) shows that the EU is making progress but the gap between top digital players and lower-performing countries is still too wide. More efforts and investments are needed to make the most ...
First Global Fintech Fund for the Underserved
March 6th, 2017
The Accion Frontier Inclusion Fund, managed by Quona Capital, invests in companies that innovate to expand access to financial services to underserved consumers and businesses in emerging markets Three billion people around the world are underserved by the financial ...
Oil prices fell in Asian trade on Monday
March 6th, 2017
Oil prices fell in Asian trade on Monday, wiping out some of the gains of the previous session amid worries lower growth targets in China could cut oil demand and ongoing concern over Russia’s compliance with a global deal ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
London Stock Exchange reports total income up 17% to £1,657.1 million for 2016
March 4th, 2017
Unless stated otherwise, all figures in the highlights below refer to continuing operations1 for 12 months to 31 December 2016 and comparisons with the prior 12 month period on the same basis. Continued execution against strategic objectives and investment ...
Venezuela running out of cash
March 4th, 2017
The Central Bank of Venezuela says the country is down to just $10.5 billion in foreign reserves. At the same time, Caracas has to meet debt obligations of $7.2 billion this year. The country had nearly $30 billion in ...
