Islamic Finance Archives

Scottish referendum: Businesses breath a sign of relief

International Finance DeskSeptember 19, 2014

by International Finance DeskSeptember 19, 2014

The surprise was the comfortable margin of victory for those favouring staying in the UK Tim Evershed September 19, 2014: Global markets and British business leaders responded positively to the news that Scotland had voted to stay part of the UK in its referendum on independence. The Better Together campaign triumphed with over 55% of...

Fintech

Scottish independence: The question of your data

International Finance DeskSeptember 18, 2014

by International Finance DeskSeptember 18, 2014

If Scotland becomes independent, what does that mean for UK data sovereignty? Lubor Ptacek September 18,2014:Scotland goes to the polls on Thursday to vote on independence from the Union. If a yes vote is passed, it throws into question the impact on data sovereignty. It’s a curious notion, one that both Whitehall and Holyrood have...

Business Leaders

Princeton is best, but Babson is costlier

International Finance DeskSeptember 17, 2014

by International Finance DeskSeptember 17, 2014

A look at the US News and World Report’s 2015 Best Colleges ranking Visy Valsan September 17, 2014: The US News and World Report’s 2015 Best Colleges ranking released earlier this September is a handy guide for those seeking a degree in US’ elitist universities. The rankings carry data on nearly 1,800 schools and draw...

Economy

Trina Solar in power project in Chile

International Finance DeskSeptember 10, 2014

by International Finance DeskSeptember 10, 2014

Will Supply 70MW high efficiency modules September 10, 2014: Trina Solar Limited (NYSE: TSL), a global leader in photovoltaic (PV) modules, solutions, and services, on Wednesday announced it has agreed to supply 70MW high efficiency modules to a large-scale solar power project in Chile. Under the terms of the agreement, Trina Solar will deliver TSM-PC14...

Fintech

Home Depot’s payment system breached

International Finance DeskSeptember 9, 2014

by International Finance DeskSeptember 9, 2014

Could potentially impact customers using payment cards at its US and Canadian stores September 9, 2014: The Home Depot, the world’s largest home improvement retailer, on Monday confirmed that its payment data systems have been breached, which could potentially impact customers using payment cards at its US and Canadian stores. There is no evidence that...

Finance Wealth Management

RCAP to take institutional-quality investments to crowdfunding market

International Finance DeskSeptember 8, 2014

by International Finance DeskSeptember 8, 2014

To do this, the NYSE listed company announced the launch of an investment platform September 8, 2014: RCS Capital Corporation (NYSE: RCAP) on Monday announced the launch of “We Are Crowdfunding,” a Crowdfunding 2.0 investment platform designed to provide investors direct access to high calibre, institutional quality public and private investment offerings. We Are Crowdfunding...

Business Leaders

Flash Boys turns the heat on high-frequency trading

International Finance DeskSeptember 3, 2014

by International Finance DeskSeptember 3, 2014

The book by Michael Lewis claims that markets are rigged by high-frequency traders who take front running advantage on the orders placed by investors Jaya Smitha Menon September 3,2014:The old saying, ‘pen is mightier than the sword’, gets new validation. Recently, financial author Michael Lewis proved this adage right with his latest book Flash Boys:...

Economy

In Nigeria, doctor treating Ebola patient dies

International Finance DeskSeptember 3, 2014

by International Finance DeskSeptember 3, 2014

This is the first death related to the disease reported from outside Lagos Samuel Okocha September 3, 2014: Last week, Nigeria reported its first Ebola death outside Lagos. A doctor died of the disease in the southern oil-rich city of Port Harcourt. The doctor was treating an Ebola patient who escaped quarantine from Lagos. The...

Economy

Argentina’s electoral campaign kicks off

International Finance DeskSeptember 3, 2014

by International Finance DeskSeptember 3, 2014

Six presidential pre-candidates spelled out their political and economic program during Industry Day on September 1 in Buenos Aires Kamilia Lahrichi September 3, 2014: More than one year ahead of Argentina’s general elections in October 2015, six presidential pre-candidates spelled out their political and economic program during Industry Day on September 1 in Buenos Aires....

Banking

Ukraine conflict: UK wants SWIFT punishment for Russian banks

International Finance DeskSeptember 2, 2014

by International Finance DeskSeptember 2, 2014

SWIFT is a crucial real-time gross payment system for cross-border transactions September 2, 2014: The UK will press EU leaders to consider blocking Russian access to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking transaction system under an expansion of sanctions over the conflict in Ukraine, Bloomberg reported on Friday, August 29, citing an...