France’s dynamic new president will push its fastest growing fintech sector up the global rankings the sector is optimistic. But even if they have French roots, startups based in London do not yet seem ready to swap that key hub… Read More ›
Economy & Finance
The Cost Of North Korea’s Nukes Is Probably Less Than One U.S. Aircraft Carrier
In a program that would bring severe sanctions and eat up precious resources that could have been spent boosting the nation’s quality of life, North Korea committed to a huge investment when it decided to go nuclear. But its leader… Read More ›
S&P 500 index touches new high
Despite investor fears of the bursting of the bubble, analysts say, there are some real earnings which support the bull run in the tech sector. It has taken seventeen long years for the S&P 500 index to recover from… Read More ›
Former Credit Suisse banker pleads guilty in offshore tax case
The former banker has pleaded guilty in aiding U.S. citizens hide their assets in Switzerland, evading U.S. taxes. On Wednesday, a former banker from the Credit Suisse Group AG pleaded guilty to participating in a wide-ranging scheme that was designed… Read More ›
A Part Of Vancouver Mountain Is Being Bought By A Chinese Policy Instrument
Buying into a Canadian mountain is a Chinese company with gold-plated political connections. And it is Grouse Mountain, whose ski slopes famously look down on Vancouver. The sale of the ski operation by the Canadian McLaughlin family does include 500… Read More ›
$1.3 Billion Just Added To The Kitty Of One Of The Largest Telcos In Asia
Following the highly anticipated public listing of Netlink NBN Trust, which raised about 2.35 billion Singapore dollars ($1.72 billion), Southeast Asia’s largest telecommunications company may be on the hunt for acquisitions. The broadband arm of Singapore Telecommunications (Singtel), which said it took in… Read More ›
As Traders Eye A September ‘Taper’ Of Its Bond-Buying Program, ECB Expected To Hold Steady This Week
With many market watchers expecting the bank to announce in September plans to reduce its bond-buying program, the European Central Bank (ECB) is widely expected to hold interest rates steady. As a sign that the central bank could start “tapering” earlier than… Read More ›
New rule to protect businesses from Class Action lawsuits from consumers enters a critical period
The new rule limits the ability of consumers to sue financial companies. This should be read in the context of the Trump Administration trying to repeal the Dodd–Frank Wall Street Reform and Consumer Protection Act. A rule that was years in the making, intended… Read More ›
$4 Billion Bond Deal For Russia May Yet Be Ruined By Geopolitics In 2017
By pulling off three Eurobond sales in just over a year, Konstantin Vyshkovsky has shown he can dodge sanctions imposed against Russia. But as the country looks to swap $4 billion of old foreign bonds for new ones, the Finance… Read More ›
Even As Bloc Seeks A Solution ‘That Will Stick’, Qatar Crisis Set To Continue
As the emirate’s neighbors want a solution “that will stick,” there’s little likelihood of a quick resolution to the Gulf standoff over Qatar, reported the media citing a senior United Arab Emirates official. A clear signal that the emirate is… Read More ›
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