Archives
IronFX Live trading competition
July 17th, 2014
IronFX Global is delighted to announce the launch of the world famous IronFX Live Trading Competition, offering the biggest and the most luxurious rewards on the market! The best performing trader will win an incredible luxury VIP package to ...
Despite Exposure of Madoff Fraud, New Ponzi Schemes Emerge
July 11th, 2014
When the money was rolling in from investors, Scott W. Rothstein, a lawyer in Fort Lauderdale, Fla., bought his wife, Kimberly, more than $1 million in jewelry, including an opulent 12-carat yellow diamond ring. He lived in a multimillion-dollar ...
Twitter hires former Goldman Sachs banker as CFO
July 2nd, 2014
The Goldman Sachs banker who took social media platform Twitter public has been hired to be in charge of its finances. Anthony Noto, the former US bank’s co-head of telecoms, media and technology, has been recruited as part of Twitter’s ...
CySec warning against unauthorised firm
June 25th, 2014
The Cyprus Securities and Exchange Commission (CySec) has published a press release informing the investors that the company ‘BDB Services Ltd’ (https://www.australia.bancdebinary.com and https://www.bbinary.com): 1. Is not permitted to provide investment and ancillary services in the Republic, pursuant to ...
Singapore to Require Banks to Hold Liquid Assets for Crises
June 25th, 2014
Banks in Singapore will soon be required to keep certain amounts of easy-to-sell assets on hand in the country to support themselves in times of stress. The new liquidity framework applies to lenders with a “significant retail presence” in ...
Japan reveals plans to cut corporate tax to below 30%
June 24th, 2014
Japan has unveiled plans to cut the country’s corporate tax to below 30% in several stages starting next year. The move is part of Prime Minister Shinzo Abe’s plan to revive the economy, a pledge made when he took ...
France claims victory in Alstom deal with US rival GE
June 23rd, 2014
The boss of French rail and energy group Alstom says the $17bn (£10bn) deal to sell off most of its power generation business to US rival General Electric will protect France’s interests and save jobs. “ a combination ...
An Interview With Jeffrey Smith, CIO of GHash.io
June 23rd, 2014
For the past two weeks, the Bitcoin community has been buzzing with worry over the mining pool GHash.io. Founded in July 2013, the pool has quickly risen to become the world’s largest Bitcoin mining group, prompting concerns that they ...
When the World Cup Is On, Stock Markets Go Quiet
June 23rd, 2014
With the World Cup well underway, it’s no surprise that workers everywhere—even financial types—are paying more attention to the games than to their jobs. One way of measuring the global epidemic of distraction is to look at plunges in ...
Argentina shares fall on debt repayment doubts
June 20th, 2014
Argentina’s stock market closed 4.9% lower on Thursday after the country’s cabinet chief said there would be no delegation to the US to negotiate with bondholders over a $1.3bn (£766m) debt. Earlier this week, a US Supreme Court ruling ...
