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BDO’s Global Revenues Pass US$8 Billion

December 14th, 2017 (0)
BDO announced its global financial results for the year ended 30 September 2017, a total combined fee income* of US$ 8.1 billion / € 7.4 billion, representing a year on year growth of 8%, at constant exchange rates. BDO’s ...

Interactive Brokers LLC pays $250,000 penalty

December 14th, 2017 (0)
Interactive Brokers LLC (‘Interactive’) has paid a penalty of $250,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (‘the MDP’). The MDP found it had reasonable grounds to believe that Interactive had breached ...

Oil Prices Up On Lower U.S. Crude Stocks

December 14th, 2017 (0)
Oil prices rose on Thursday, lifted by a fourth straight weekly fall in U.S. crude inventories, though climbing output capped prices well below the 2015 highs reached earlier this week. U.S. West Texas Intermediate (WTI) crude futures were at ...

Yen Fell 0.1 Percent, Euro Was Steady, Pound Rose; Chinese shares declined

December 14th, 2017 (0)
Chinese shares declined after a surprise hike in short-term interest rates by China’s central bank, though there was little impact more broadly in Asia as investors digested the Federal Reserve’s latest rate increase of its own, and an updated ...

Forget bitcoin, its fourth-biggest rival is up nearly 5,800 percent this year

December 13th, 2017 (0)
Litecoin, the fourth-largest cryptocurrency in the world by value, has hit a record high and rallied nearly 5,800 percent this year, beating rival bitcoin’s rise. The price of litecoin reached an all-time high of $255.42 on Tuesday, according to industry website ...

Sterling set to sail through choppy waters in 2018

December 13th, 2017 (0)
At the end of November, sterling hit a two-month high against both the Dollar and the Euro on the news that Britain may have finally agreed its divorce bill from the European Union (EU). But within days the thorny ...

Gas prices rise in freezing Europe

December 13th, 2017 (0)
Energy markets were shocked Tuesday by the closure of a pipeline in the North Sea and a major explosion at a facility in Austria that helps move natural gas from Russia. The price of both crude oil and natural ...

Bitcoin: Does it really use more electricity than Ireland?

December 12th, 2017 (0)
Can something which has no physical presence consume as much electricity as an entire country? The internet has recently been awash with claims that the digital currency Bitcoin could be using more electricity than a number of developed nations. ...

Oil prices surge to over $65 for the first time in over 2 years

December 12th, 2017 (0)
Brent crude has surged to its highest level since June 2015, trading above $65.00 per barrel. Earlier this month, The Organization for Petroleum Exporting Countries (OPEC) and non-member states, led by Russia, struck a deal to extend production cuts ...

Dollar pauses after recent jump as Fed outlook eyed

December 12th, 2017 (0)
The dollar was flat on Tuesday after strong recent gains as the U.S. Federal Reserve geared up for a two-day policy meeting at which it is widely expected to raise interest rates for the fifth time since late 2015. ...
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