Daily Archives: 10/10/2016
Vanilla Options Vs. Binary Options – A Closer Look
October 10th, 2016
The growth and widespread adoption of online financial trading has given rise to many innovative products designed to help traders maximize their efficiency and improve their profitability. With many new and inexperienced traders entering the market, demand for simplicity ...
Switzerland Reforms VAT Rules On Foreign Suppliers
October 10th, 2016
The Swiss Parliament has passed reforms that will require all overseas companies with a turnover of over CHF100,000 (USD102,421) to impose value-added tax on transactions with Swiss customers. Under the current rules, there is an exemption from import VAT ...
With a new Trade Agreement South Africa gains improved access into the EU for wine and other products
October 10th, 2016
The SADC EPA group (Botswana, Lesotho, Mozambique, Namibia, South Africa and Swaziland) and the EU have reached the final stages towards the implementation of the SADC–EU Economic Partnership Agreement. These include fulfilment of ratification processes by the SADC EPA ...
TechCrunch Creates a New Series on Cryptocurrencies and Blockchain Technology
October 10th, 2016
Bitcoin is probably the hottest invention of the last decade. At the current rate of growth, combined with its limitless potential, Bitcoin’s underlying blockchain technology may become the most disruptive revolutionary technological invention of this century. Irrespective of individual ...
More law firms join class action suit against Apple
October 10th, 2016
Three more law firms have joined the class action law suit filed against Apple over the “Touch Disease” that has affected some Apple iPhone 6 and Apple iPhone 6 Plus models. You know that your iPhone has this disease ...
KPMG mLabs accelerator bears fruit
October 10th, 2016
KPMG’s fintech accelerator program with the mutual bank sector, mLabs, has resulted in 18 active commercialisation opportunities to date. KPMG says its mLabs accelerator announced in August has led to 18 joint projects between mutual banks and fintech start-ups, including two cross-sector ...
Record fine for a UK Telecoms company in a cyber attack case
October 10th, 2016
Telecoms company TalkTalk has been issued with a record £400,000 fine by the ICO for security failings that allowed a cyber attacker to access customer data “with ease”. The ICO’s in-depth investigation found that an attack on the company last October could have ...
Oil prices fall over doubts that non-OPEC producers will cut output
October 10th, 2016
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent crude futures were trading at $51.53 per barrel at 0511 GMT, ...
China’s yuan sinks to six-year low, then erases losses
October 10th, 2016
China’s yuan fell to its lowest level in six years early Monday, breaching a key psychological threshold, before erasing the losses on the first day of trading after a week-long holiday. Traders said the weakening of the yuan CNY=CFXS reflected strength ...
Findex Group and Financial Index Australia fined by ASIC
October 10th, 2016
Findex Group Limited and Financial Index Australia Pty Ltd (FIA) have each paid a $10,800 penalty following the issuing by ASIC of infringement notices for potentially misleading claims on the Findex website (www.findex.com.au). The Findex group of companies (which ...
