International Finance

Tag : Capital Markets

FinanceWealth Management

New umbrella for flood insurance

It has become an essential ingredient for protecting one’s family June 10, 2015:  2015 is already on the record books as one of the worst years of flooding in US history. The nation’s Midwest and Gulf Coast communities are afloat with homes, vehicles, trees, and personal belongings as the result of record-breaking rainfalls. More than...
Economy

US reports optimistic hiring

Italy and Brazil only countries where employers report negative hiring plans June 10, 2015: The Manpower Employment Outlook Survey, released by ManpowerGroup, reveals US employers’ hiring intentions are among the strongest globally for the third quarter of 2015. Taking into account seasonal variations, the Net Employment Outlook is +16%, which is on par with Q2 2015...
Economy

The Icelandic economy is back on its feet

In the aftermath of the financial crisis, the boom in the tourism sector has had a major economic impact June 10, 2015: In the past 20 years, the Icelandic economy has gone through a wild boom and bust roller coaster ride. The economy is very small by most comparisons; the number of inhabitants is only...
Banking

Saxo Bank subsidiary set to shake up international transactions sector

Saxo Payments Banking Marketplace provides a seamless conduit for bank transfers June 5, 2015 London: Global trading and investment bank, Saxo Bank, has invested in a business that is setting out to give the burgeoning FinTech sector a genuine alternative to the status quo in international payments. Established in 2013, SaxoPayments is addressing the compliance...
FinanceIslamic Banking

An initiative to promote Islamic Finance

aafaq Islamic Finance signs MoU with University of Bolton’s Centre for Islamic Finance June 3, 2015: Institute of Finance & Management subsidiary of aafaq Islamic Finance, a leading provider of Islamic finance products and services in the UAE, has recently signed a memorandum of understanding (MoU) in London with the University of Bolton’s Centre for...
FinanceWealth Management

CCM expands offerings of green bonds for investors

The company has been buying green bonds since 1999 June 2, 2015: Community Capital Management, Inc. (CCM), a leading fixed income impact investing manager, announced two new green bond investments it purchased on behalf of clients. Bond proceeds for one of the investments helped finance Flats 170 at Academy Yard, a green community in Odenton, Maryland,...
Fintech

Opportunities on the new Silk Road

A lot depends on the way China executes the project and the cooperation extended by other nations Suparna Goswami Bhattacharya May 29,2015: China wants to recreate history. The erstwhile Silk Road, a network of trade routes that allowed exchange of goods and services between Asia and Europe, is getting rebuilt and China’s President Xi Jinping...
Fintech

Changing the rules of the game

A look at the laws governing tax residency in India Pallavi Singhal May 28, 2015: Tax residency is at the core of any taxation system as it determines the sovereign right of a country to tax income. The tax residency determines whether a tax payer is liable to pay tax on global income or source...
Fintech

IT, mobile to drive growth in retail

For retailers, factors like reduced time to market, less inaccuracies, no manual latency will be the differentiators Suparna Goswami Bhattacharya May 26, 2015: A couple of months ago, Tesco hit the headlines when it opened the world’s first virtual supermarket store in South Korea’s Seoul subway station. The pillars and platform screen doors of the...
Fintech

WhoTrades turnover in Latin America touches $10 billion in 6 months

The client base stands at 8,500 people and is doubling each month May 26, 2015: International Finance Magazine has recognized licensed US brokerage WhoTrades as the fastest growing brokerage in Latin America in 2015. After six months of working in the region, the company’s turnover reached USD 10 bn, while its client base, which currently...