Saturday, Nov 23, 2024

International Finance

Tag : Capital Markets

Economy

Egypt betting big on a new capital

International Finance Desk
by International Finance Desk
President hopes it will usher in new investments; however, such plans have failed in the past Suparna Goswami Bhattacharya April 29, 2015: Over the past 5,000 years, Egypt has changed its capital city 29 times. The Pharaohs of Egypt often moved the capital by building new cities. But since 950 AD, the country has had...
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FinanceIslamic Banking

Shari’ah law cannot apply to a commercial transaction in UK

International Finance Desk
by International Finance Desk
A look into a case settled in 2004 in the England and Wales Court Of Appeal Camille Paldi April 28, 2015: Beximco Pharmaceuticals Ltd, Bangladesh Export Import Co. Ltd., Mr. Ahmad Solail Fasiuhur Rahman, Beximco (Holdings) Ltd. v. Shamil Bank of Bahrain E.C. [2004] EWCA Civ 19, the defendant Beximco Pharmaceuticals Ltd. and the other...
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Fintech

‘Payments via mobile phones are predicted to grow to $58 billion by 2017’

International Finance Desk
by International Finance Desk
IFM spoke to Andrew Schrage, co-founder of Moneycrashers.com, about the changes in payment systems April 23, 2015 Karan Belani How do the various payment systems — cash, cheque, credit cards, net banking, mobile payment — compare in terms of 1.       Cost incurred by the customer 2.       Safety issues There are virtually no costs incurred by...
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Banking

Pioneering business models lead to higher returns

International Finance Desk
by International Finance Desk
Frost & Sullivan analyses key forces collapsing, disrupting and transforming the banking industry landscape April 23, 2015: Over the past decade and a half, banks have had to contend with a dynamic business model landscape. Key forces, like ever changing customer experience requirements, regulatory adjustments, and the rapid development of technology are transforming the banking landscape...
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Fintech

Best way to advertise? Get on an app

International Finance Desk
by International Finance Desk
From e-commerce to gaming firms, all are betting big on appvertising Suparna Goswami Bhattacharya April 22, 2015: There was a time not too long ago when advertisers struggled to fit in their ads in mobile apps. They could hardly accommodate five words and a small picture, which was too minute to even get noticed. Secondly,...
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Business Leaders

Rewarding enterprise

International Finance Desk
by International Finance Desk
In the fourth of his monthly columns, Jonathan Freeman writes about the Enterprise Challenge 2015 Jonathan Freeman April 21, 2015: The Mosaic Enterprise Challenge, generously supported by the Apax Foundation and Nectar Trust, is a fully immersive, business-based annual competition for secondary school students across the UK, designed to develop and encourage their entrepreneurial skills. This...
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Economy

Uncertainty of election makes pound jittery

International Finance Desk
by International Finance Desk
On April 10, the pound fell to a five-year low against the dollar Tim Evershed April 17, 2015: Uncertainty surrounding the result of next month’s UK general election is sending the sterling on a rollercoaster against the dollar. On April 10, the pound fell to a five-year low against the dollar as election jitters combined...
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Economy

Asia’s SMEs catch onto alternative finance

International Finance Desk
by International Finance Desk
Outlook from Singapore, India, China and other countries show that firms are opening up to this April 16, 2015: Alternative finance is a landmark shift from institutional trust to peer trust. Disruption is democratising capital allocation by untethering financing from centralised, one-stop shops. This unbundling of services is leading to the creation of online marketplaces....
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Fintech

NEM launches alternative to Bitcoin

International Finance Desk
by International Finance Desk
It features a 100% original codebase, an unprecedented Proof-of-Importance algorithm and claims low energy use April 15,2015: NEM is an original blockchain technology platform using a breakthrough innovation for blockchain consensus called Proof-of-Importance (POI). POI is a consensus mechanism that calculates an importance score for an account by taking into consideration its balance, activity of...
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Economy

Argentina sues and suspends Citibank

International Finance Desk
by International Finance Desk
The reason is the bank’s exit from its bond custody business Kamilia Lahrichi April 14, 2015: The Argentine left-wing government is suing in local courts Citibank Argentina, the country’s 12th largest bank by deposits and a subsidiary of Citigroup, for exiting its bond custody business, Economy Minister Axel Kicillof said on April 8, 2015, in...
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