Archives
Asia shares rise before China data, more stimulus seen
May 13th, 2015
Asian shares firmed on Wednesday, shrugging off weakness on Wall Street as investors bet that a batch of economic data from China due later in the day would bolster the case for more stimulus in the world’s second-largest economy. ...
Top news of the day
May 12th, 2015
1. Greece made a repayment of 750 million euro to IMF. Progress is made but work needs to be done. The move came after a what seemed a rare good news day in terms of talks between Greece and its lenders ...
Indian Banking Relationships Disappear as Bitcoin Exchanges Field Questions from Authorities
May 12th, 2015
Earlier this week, Indian Bitcoin exchange BTCXIndia shut down after a banking partner closed the account for an undisclosed reason. Unocoin, an Indian Bitcoin exchange which raised funding from Barry Silbert’s Bitcoin Opportunity Corp., was questioned by local authorities ...
Greece clears IMF hurdle but don’t relax just yet
May 12th, 2015
With news that talks between Greece and its lenders are making slow but sure progress and Greece made a multi-million euro loan repayment to one of its lenders a day early, goodwill towards the country is hitting highs not ...
Financial transaction tax unlikely before 2017-Austria finmin
May 12th, 2015
Europe is unlikely to impose a financial transaction tax before 2017, not in 2016 as earlier planned, Austrian Finance Minister Hans Joerg Schelling told Reuters. The tax, first proposed in the 1970s to penalise currency speculators, was seized on ...
Gateley: Announcement of Intention to Float on AIM
May 12th, 2015
Gateley (Holdings) plc, a leading UK commercial law firm, today announces its intention to launch an initial public offering (“IPO”) and application for admission of its ordinary shares to trading on AIM (“Admission”). Cantor Fitzgerald Europe is acting as ...
Law Firms Have Room to Improve, General Counsel Say
May 12th, 2015
Attorneys at law firms have work to do, a new survey of general counsel worldwide has found. While lawyers “were making more effort to understand business needs and communicate better with their clients,” 127 chief legal officers said that ...
DFM enrols “First Gulf Financial Services” to Margin Trading members
May 12th, 2015
Dubai Financial Market (DFM) announced that “First Gulf Financial Services” has been accredited to provide Margin Trading service, lifting the total number of DFM brokerage firms providing this service to 27 companies. Margin Trading permits brokerage companies to fund a ...
Nasdaq Launches Enterprise-Wide Blockchain Technology Initiative
May 12th, 2015
Initial Application for Nasdaq Private Market Appoints Blockchain Technology Evangelist to Lead Effort Nasdaq (Nasdaq:NDAQ) announced plans to leverage blockchain technology as part of an enterprise-wide initiative. Nasdaq will initially leverage the Open Assets Protocol, a colored coin innovation ...
Sweden Consults On New Bank Tax
May 12th, 2015
The Swedish Cabinet, on May 7, endorsed plans for a study to be undertaken on the Government’s proposal for a new tax on the financial sector. Financial services, including banking, securities trading, and insurance services, are exempt from value-added ...
