Wednesday, Nov 20, 2024

International Finance

Tag : Trading and technology

Business Leaders

‘The debt problem in China is not hype’

International Finance Desk
by International Finance Desk
American economist James Rickards says collapse of the debt and property bubble there could well be the catalyst for a global economic crisis Suparna Goswami Bhattacharya November 7, 2014: James Rickards, American lawyer, economist, investment banker and author of books of like Currency Wars and Death of Money, is one of the speakers at the...
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Business Leaders

Investors losing interest in South Africa

International Finance Desk
by International Finance Desk
Change political mindset to overcome economic constraints, says John Kane-Berman, CEO, Institute of Race Relations Miriam Mannak November 5,2014:It hasn’t been plain sailing for South Africa. Besides slipping on the World Bank’s Economic Freedom Index and the World Economic Forum’s Competitiveness Index, the International Monetary Fund presented a rather bleak economic outlook for Africa’s second...
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Fintech

Americans being served cards with chips

International Finance Desk
by International Finance Desk
Following several breaches, US companies are forced to offer credit cards with greater security features Tom Groenfeldt November 4, 2014: The US is the last country with paved roads to adopt EMV, said Thad Peterson, senior analyst at the Aité Group, passing along a quip he had heard. That’s changing — almost all the new...
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Banking

Headline: Bank Sohar net profit soars by 31.14%

International Finance Desk
by International Finance Desk
Acting CEO says the bank has grown from strength to strength Muscat, October 31, 2014: Bank Sohar registered an increase in net profit by 31.14%. The net profit amount stood at OMR23.749mn as on September 30,2014. The net interest income saw a jump of 15.06%, increasing from OMR 31.842mn in Q3 of last year to...
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Business Leaders

Is there something like better tobacco?

International Finance Desk
by International Finance Desk
Biotechnology firm opens up new opportunities for the multi-billion dollar market David Drake October 31, 2014: As the biotech firm  22nd Century Group, Inc. (NYSE MKT: XXII) rang the closing bell on the New York Stock Exchange last Thursday, the multi-billion dollar tobacco industry is at the threshold of this firm’s biotechnological efforts as it...
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Fintech

Should you trust mobile banking?

International Finance Desk
by International Finance Desk
It’s helpful provided you are careful on how you use access to the internet Tim Ring October 30, 2014: Our plummeting faith in new technology was starkly illustrated last year by the Russian secret service. In the wake of whistleblower Edward Snowden’s revelations of mass electronic spying by the Americans, the Kremlin agency tasked with...
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Business Leaders

Bolivia’s Evo Morales wins a third consecutive term

International Finance Desk
by International Finance Desk
Left-leaning president, an Aymara Indian and a former coca farmer, becomes the longest serving leader and incumbent head of state in the Andean country Kamilia Lahrichi October 17,2014:Since his first election in 2005, Evo Morales has propelled economic growth in what was once one of the worst performing economies in Latin America, and enacted redistributive...
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Islamic Banking

Three Malaysia banks announce merger

International Finance Desk
by International Finance Desk
The combined entity will become South East Asia’s fourth largest commercial lender and Islamic bank IFM Correspondent October 14, 2014: CIMB Group Holdings Berhad, RHB Capital Berhad and Malaysia Building Society Berhad announced on October 9, 2014 that an application has been made to the country’s central bank seeking approval for its proposed three-way merger....
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FinanceWealth Management

Gold trading: To do or not to do

International Finance Desk
by International Finance Desk
Many investment experts are sceptical, but interest is increasing Suparna Goswami Bhattacharya    October 10,2014:The yellow metal traditionally has caught the fancy of many — be it in the form of bars, or in the form of Exchange-Traded Fund (ETFs). Stocks and shares remain the best form of investment for many, but gold has been...
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