Archives
Emerging-market stocks rose to a one-month high; South Africa’s rand rose
September 6th, 2019
Emerging-market stocks rose to a one-month high on Thursday after the United States and China agreed to a new round of trade talks. South Africa’s rand rose for a third straight day on optimism about its economic growth. The ...
U.S. stocks advanced; Shares in Hong Kong leaped the most since 2018; Euro to Dollar gained
September 4th, 2019
U.S. stocks advanced as a broad easing of risks across the globe gave investors a reprieve. Treasuries and the dollar declined. The S&P 500 rebounded from Tuesday’s losses along with European and Asian shares as political tensions appeared to ...
How dependent is your country on oil imports?
September 3rd, 2019
In 2017 the European Union (EU) relied on net imports for 87% of its oil consumption. This ratio, known as the oil import dependency rate, is unchanged from 2016 and two percentage points below the peak of 89% recorded ...
The U.S. Securities and Exchange Commission awards more than $1.8 Million to whistleblower
September 3rd, 2019
The Securities and Exchange Commission (SEC) announced an award of more than $1.8 million to a whistleblower whose information and assistance were critically important to the success of an enforcement action involving misconduct committed overseas. After alerting the agency ...
Alert! Individuals and entities charged with fraud in Binary Options trading scheme
September 3rd, 2019
The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Northern District of Illinois charging five entities and four individuals with fraud relating to a global retail binary options enterprise ...
Investors Update: Global stocks faced headwinds; Pound flirted with 2 1/2-year lows
September 3rd, 2019
Global stocks faced headwinds on Tuesday, stymied by U.S.-China trade frictions while the British pound flirted with 2 1/2-year lows as Prime Minister Boris Johnson indicated he could call an election to block lawmakers’ efforts to avert a no-deal ...
Euro at one-month low vs dollar; yuan set for worst month since 1994
August 30th, 2019
The euro plunged to a one-month low against the dollar on Friday, as investors looked for aggressive easing by the European Central Bank and ignored doubts by some policymakers about the need for more stimulus. Poor euro zone economic ...
Alert! CySEC warns for a webite using a CIF license number illegally
August 30th, 2019
The Cyprus Securities and Exchange Commission (CySEC) has issued a warning to inform investors that the website epoxtrade.com does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance ...
Germany to cut corporate tax for SMEs
August 30th, 2019
On August 29, 2019, German Economy Minister Peter Altmaier announced the outlines of a plan to reduce the tax and regulatory burden on small and medium-sized companies in Germany. In presenting the SME Strategy, Altmaier proposed reducing the tax ...
Facial recognition use triggers GDPR fine
August 30th, 2019
Sweden’s Data Protection Authority has issued its first fine for violations of the European Union’s General Data Protection regulation after a school launched a facial recognition pilot program to track students’ attendance without proper consent. The country’s privacy authority ...
