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market news

China to open bank card clearing market to foreign firms from June

22/04/2015(0)
China has announced it will open up its market for clearing domestic bank card transactions, a move that should allow foreign players such as Visa Inc (V.N) and MasterCard ... Read More
Grexit

Grexit: Remaining In The Eurozone Is No Longer ‘The Base Case’ For Greece

22/04/2015(0)
According to the Wall Street Journal, Greece staying in the eurozone is no longer “the base case” for European officials, and one even told the Journal that “literally nothing ... Read More
RMB Chinese currency

RMB currency of choice for multinational deals

22/04/2015(0)
A report produced by Allen & Overy has found that more than half of multinationals use the renminbi for transactions outside China. This week’s release of the Generation ¥ ... Read More
Russian-Flag

Russian companies are back to international debt markets

20/04/2015(0)
The international capital markets turned out to be almost closed for Russian companies as a result of anti-Russia sanctions Russian companies are gradually coming back to international debt markets, ... Read More
globalisation

Top 5 overseas contracting hotspots of 2015

20/04/2015(0)
Due to weaker economic global activity, 2014 proved to be a difficult year for some countries and contracting opportunities may have not registered the expected demand, writes Helene Truffa ... Read More
Piraeus Bank

Piraeus bank announced acquisition of Panellinia Bank

20/04/2015(0)
Piraeus bank has issued an announcement to inform that: The bank has acquired the “good” part of Panellinia Bank S.A. following a tender offer launched by the Bank of Greece. ... Read More
greece-europe-flags

Grexit Fears Cause GDP Forecasts to Plummet

20/04/2015(0)
Economists have severely cut their forecasts for core Greek economic indicators. That reflects growing concern that the debt burden of the southern European country may force an exit from ... Read More
Asian stocks

China, Japan stocks up as Beijing steps up stimulus

20/04/2015(0)
Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest ... Read More
cyber crime

RiskIQ Highlights Digital Threats to Banks

16/04/2015(0)
More than 60% of assets sit outside the firewall in 35 top banks, according to the latest RiskIQ security report Security specialist RiskIQ says the growth in digital business ... Read More
nokia-logo

Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent

15/04/2015(0)
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company ... Read More
Broker Cyprus TopFX