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Asia Stocks Drop With Nasdaq Futures on Apple; Commodities Slide

July 22nd, 2015 (0)
Asian stocks retreated with Nasdaq 100 Index futures as Apple Inc. tumbled in after-hours trade and the dollar held losses. Oil and gold resumed declines as a gauge of commodities dropped back to a 13-year low. The MSCI Asia ...

iTech Capital invests US$3 million in TradingView

July 17th, 2015 (0)
The fund has invested US$3 min in TradingView, a growing social FinTech platform that unites traders and investors from around the world. iTech Capital, a Europe-based private equity (PE) fund with a focus on the global digital market, has ...

SEC Charges Purported Investment Adviser With Stealing Client Funds and Conducting a Ponzi Scheme

July 17th, 2015 (0)
The Securities and Exchange Commission charged a purported investment adviser in San Diego with stealing money from clients for personal use and conducting a Ponzi scheme to pay customers making redemption requests. In a complaint filed in federal court in ...

Greece Enters Its Crack-Up Boom

July 9th, 2015 (0)
The Austrian School of economics has a concept called a “crack-up boom” in which a critical mass of people conclude that their government is actively trying to devalue its currency. Consumers respond by front-running the government, spending their paychecks ...

Apple files P2P payments patent

July 8th, 2015 (0)
Apple has filed a patent which uses NFC and Bluetooth technology to enable person-to-person payments between iPhones or Apple Watches. The system would enable users to choose a card from their iPhone’s Wallet, enter the amount they want to pay and ...

Samsung forecasts profit fall as S6 sales disappoint

July 7th, 2015 (0)
Samsung Electronics Co. forecast a fall in second quarter profit in a sign that sales of its much anticipated Galaxy S6 smartphones failed to meet expectations. Samsung on Tuesday estimated its second quarter operating profit at 6.9 trillion won ...

MasterCard will approve purchases by scanning your face

July 3rd, 2015 (0)
This fall, MasterCard will start experimenting with a new program: approving online purchases with a facial scan. At checkout, you’ll be asked to hold up your phone and snap a photo. MasterCard‘s thinking? It’s easier than remembering a password. ...

Swissquote first Swiss bank to launch Apple Watch app

June 26th, 2015 (0)
Swissquote Bank, Switzerland’s leading online bank, today announced the launch of the first mobile banking and trading application developed by a Swiss bank for the much anticipated Apple Watch, ahead of its official Swiss release date, the 26th of ...

SEC Obtains Asset Freeze Against China-Based Trader for Suspicious Activity Last Week

June 24th, 2015 (0)
The Securities and Exchange Commission today obtained an emergency court order to freeze the assets of a trader in China who profited by more than $1 million after trading in a U.S. brokerage account in advance of last week’s ...

Asian shares swoon, dollar on defensive

June 9th, 2015 (0)
Asia shares sank in a sea of red on Tuesday as speculation of U.S. rate rise as early as September hit emerging markets generally, while failing to give a lasting lift to the dollar. A steady start soon gave ...
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