Author Archives

• As Soon as Early Next Year, Leading Banks Set to Pull out of UK Following Brexit

  By admin2 on October 23, 2016 • ( 0 )

  

  Amid growing fears over the impending Brexit negotiations, while smaller banks are making plans to get out before Christmas., Britain’s biggest banks are preparing to relocate out of the UK in the first few months of 2017. Warning that “the… Read More ›

• After Historic Saudi Sale, Bond Markets Stir Across Middle East

  By admin2 on October 22, 2016 • ( 0 )

  

  By fueling price gains and stoking speculation of more borrowers to come, Saudi Arabia’s record debut international bond sale is shifting the ground across Middle East debt markets. In the wake of the kingdom’s $17.5 billion transaction that was completed yesterday, the… Read More ›

• Memory of 500,000,000,000% Inflation Stirred by New Zimbabwe Notes

  By admin2 on October 22, 2016 • ( 0 )

  

  Zimbabwe’s citizens, who fear a recurrence of the 500 billion percent inflation that plagued the southern African nation before it abandoned its dollar seven years ago, is giving a hostile reception to the tentative return to its own currency. Central… Read More ›

• Criticism Faced by JP Morgan on Valuation of Complex Bonds Sold by it

  By admin2 on October 21, 2016 • ( 0 )

  

  According to a study by a financial consulting firm that works with plaintiffs in securities litigation, JPMorgan Chase & Co. inflated the value of complex bonds it sold to individual investors, by 15 percent in one example. According to the study from… Read More ›

• Info of up to 3.25 Million Indian Debit Cards could have been Breached

  By admin2 on October 21, 2016 • ( 0 )

  

  Due to fears that the card data may have been stolen in one of India’s largest-ever cyber security incidents, a slew of banks in the country are replacing or asking their customers to change security codes of as many as… Read More ›

• JD.com and Its Drones Called in by Wal-Mart as Part of its China Revival Strategy

  By admin2 on October 20, 2016 • ( 0 )

  

  Wal-Mart Stores Inc. aims to deliver goods from its stores around the world to Chinese consumers within hours as the world’s largest retailer is making an ambitious push into e-commerce in China. As a part of a pilot project by… Read More ›

• Europe’s Tech Start-ups Getting More Venture Capital from the US

  By admin2 on October 20, 2016 • ( 0 )

  

  As increasing number of U.S. investors are finding Europe’s growing firms an attractive place to put money even as venture capital (VC) investment into the region’s tech start-ups slumped sharply in the third-quarter due to uncertainty around Brexit. According to data… Read More ›

• Record $17.5 Billion of Sovereign Bonds to be Sold by Saudi Arabia

  By admin2 on October 19, 2016 • ( 0 )

  

  As Saudi Arabia seeks to shore up finances battered by the slide in oil, the kingdom plans to raise $17.5 billion in the biggest ever bond sale from an emerging-market nation, people with knowledge of the offering were quoted in… Read More ›

• Saudi Break-Even Oil Price Drop Less Than Forecast: IMF

  By admin2 on October 19, 2016 • ( 0 )

  

  According to the International Monetary Fund, the average oil price will fall this year by only half as much as forecast six months ago. The Fund said this in respect to Saudi Arabia which needs to balance its budget by the… Read More ›

• With Law Degrees Increasing the Most Singapore University Costs Rise 38% since 2007

  By admin2 on October 18, 2016 • ( 0 )

  

  The yearly out-of-pocket cost of tuition for Singapore citizens after they received government subsidies was researched by ValuePenguin in a city that has five major universities – National University of Singapore (NUS), Nanyang Technological University (NTU), Singapore Management University (SMU),… Read More ›