Archives
Asian shares recover from steep losses
September 30th, 2015
Asian markets headed mostly higher on Wednesday, recovering from the previous session’s steep losses as investors’ tried to regain confidence. Japan’s Nikkei 225 index led the region’s gains, up 2.1% at 17,291.86 after losing more than 4% on Tuesday. Investors ignored ...
SFO to press Barclays over £7bn fundraising in private hearing
September 29th, 2015
Serious Fraud Office will apply for access to evidence regarding how the bank raised the funds during the 2008 financial crisis A private hearing is to take place in December in which the Serious Fraud Office (SFO) is thought to be ...
Investment Plan for Europe goes global: China announces its contribution to #investEU
September 29th, 2015
At the High Level Economic and Trade Dialogue in Beijing today, China announced its intention to contribute to the Investment Plan, as well as closer cooperation with the EU on investment issues in general. Today during the High Level ...
1Pay expands payment coverage through partnership with Fortumo
September 29th, 2015
The payment service provider 1Pay and the mobile payments company Fortumo are today announcing a partnership for direct carrier billing in South-East Asia. Merchants using 1Pay are now able to collect payments from their users in Thailand, Vietnam and Indonesia by charging payments ...
BoE Chief Economist: Blockchain-based Digital Currency Issued by Central Banks Could Replace Cash
September 29th, 2015
In a talk given at the Portadown Chamber of Commerce in Northern Ireland on September 18, Andrew G Haldane , Chief Economist at the Bank of England (BoE), has hinted at the possibility that the U.K. government might issue a digital currency. Though ...
Should you fear a ‘Glencore’ moment?
September 29th, 2015
Experts are beginning to warn of the dire financial impact across the mining and metals space if Glencore, one of the world’s largest resource companies, is unable to control its skyrocketing debt load. Hong Kong-listed shares of the Anglo–Swiss commodity ...
ORC appoints new regional management to support growth in the Americas
September 29th, 2015
Orc, the global market leader in electronic trading technology for listed derivatives, today announced management changes to support growth in the Americas region. Orc has appointed Jesper Alfredsson as President Orc Americas and Oscar Jönsson as Vice President Sales, ...
Economic modelling of Brexit implications for legal services sector
September 29th, 2015
The legal services sector would be disproportionately disadvantaged compared to the whole UK economy if the UK were to leave the European Union, according to economic analysis commissioned by the Law Society. Oxford Economics extended their industry-leading Oxford Global Economic ...
CNMV Spain warns on unregistered investment services firms
September 29th, 2015
The regulatory body of the Spanish Stock Market, Comision Nacional del Mercado de Valores (CNMV), has issued press releases to inform public in relation with firms that are not authorised to provide investment services in Spain which includes investment ...
Modernising VAT for cross-border e-commerce: Commission launches public consultation
September 29th, 2015
The European Commission has launched a public consultation to help identify ways to simplify the Value-Added Tax (VAT) payments on cross-border e-commerce transactions in the EU. The Commission is seeking to receive a wide range of views from business owners and ...
