Daily Archives: 04/08/2016
ASIC warns investors about Titantrade.com
August 4th, 2016
ASIC is warning the public not to click on any advertising being marketed under the brand ‘Titantrade’, a website by which trading in binary options is being offered. A binary option is a financial product, in particular a derivative, ...
Bank of England cuts Bank Rate to 0.25%
August 4th, 2016
The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending 3 August 2016, the MPC voted for ...
Could bitcoin change the game in Africa?
August 4th, 2016
In the wildest of claims, bitcoin – the virtual paperless and stateless currency transacted on the borderless internet – was going to tear apart traditional money transfer companies and help alleviate poverty. Accessing the multibillion-dollar remittance flows to Africa certainly has ...
Planet Payment Announces Second Quarter 2016 Results
August 4th, 2016
Planet Payment, Inc. (NASDAQ:PLPM), a provider of international payment and transaction processing and multi-currency processing services, today announced its results for the second quarter ended June 30, 2016. Financial Highlights for the Second Quarter Ended June 30, 2016 Total revenue ...
EU Says New Zealand Not In ‘Tax Haven Probe’
August 4th, 2016
Media reports that the European Union is targeting New Zealand for investigation as a tax haven are incorrect and misleading, the EU said in a statement on August 3, 2016. The EU is currently undertaking an assessment of all ...
Disbarred lawyer and his law firm have been ordered to pay penalty for a Money Pass Scheme
August 4th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Milton I. Shadur of the U.S. District Court for the Northern District of Illinois entered an Order of Default Final Judgment (Order) against John D. Briner, a disbarred Canadian ...
Elliott Wave Analyisis: GBPUSD In A New Possible Reversal
August 4th, 2016
GBPUSD fell sharply lower a month back after vote counts for EU membership showed that UK wants to leave the Euro zone. Pair fell to a new low which was technically expected as you know since we counted bounce ...
Volkswagen AG models face sales suspension; fresh blow to the German automaker
August 4th, 2016
South Korea has suspended sales of most Volkswagen AG models in a fresh blow to the German automaker as it struggles to overcome the global repercussions of its emissions-test cheating scandal and rebuild its tattered image. The government revoked ...
JPMorgan to use computerized technology in dealer to dealer market
August 4th, 2016
Three-year deal is for the dealer-to-dealer Treasury market Virtu is one of the world’s biggest electronic trading firms JPMorgan Chase & Co. will use a computerized trading firm’s technology to access and trade in the U.S. Treasury market, marking ...
Asia trades higher; Japanese stocks waver amid yen strength
August 4th, 2016
Japanese markets see-sawed in the morning session on Thursday, as stocks came under some pressure from a relatively stronger yen. The benchmark Nikkei 225 wavered between gains and losses before trading up 0.23 percent. The Topix was up 0.23 percent. The Japanese yen traded at ...
