International Finance

Tag : Trading and technology

Banking

Myanmar: Stepping up to Asia and the World

Myanmar can realize its full potential and end extreme poverty and build shared prosperity by building a strong macro-economic framework with fiscal policies that align the budget with development priorities. July 14, 2013: Myanmar was one of East Asia’s fast growing advanced economies in the early 20th century. But decades of isolation took its toll...
Banking

Transatlantic Exchange Operator to Takeover Scandal hit LIBOR

The winning subsidiary known as NYSE Euronext Rate Administration Limited is scheduled to complete the transfer by 2014. July 11,2013 : International Finance Magazine reports on the takeover of the traditional rate setter by an independent private company and a threadbare analysis of how the new mechanism shall prevent fraudulent rate setting by elite banks and...
Banking

U.K. Government to Sell Tax Payer’s Stake in Lloyd’s Banking Group

Britain is keen to start selling its 20 billion pound holding in Lloyds this year, and top investment banks of the world will pitch for the job of handling the sale by a Treasury deadline on Monday. July 09, 2013 : Shares of Lloyds Banking Group jumped to 2 ½ year high on Monday as overseas...
Banking

E.U pushes for a Transatlantic Banking Regulator

It is possible that, as a result of the talks some form of transnational super regulator could be formed, which would take a lead on financial regulation over the two financial super powers . July 08, 2013 : The European Union is all set to push for an agreement on banking and financial services as a...
Fintech

EU Backloading Bill Gets Nod of European Parliament

Members of the European parliament voted in favor by 344 to 311, with 46 abstentions, of delaying the auction of 900 million carbon dioxide emission permits, a process termed as backloading. 8th July 2013 Prices of carbon on the market rose by 12 % after the European Parliament voted yesterday in favor of EU emissions...
BankingEconomy

International Finance Magazine, Financial Awards – Malaysia 2013

International Finance Magazine today announced the Financial Awards 2013 for Malaysia, July 07, 2013: International Finance Magazine (IFM), the London based online magazine with a viewership in over 150 countries announced the financial awards 2013 for Malaysia. The recipients have been chosen after a rigorous selection process by the internal tem as well as key...
Fintech

Singapore Faces “Stiff Opposition” over Regressive Internet Rules

The new regressive rules have been rebuked by Asia Internet Coalition (AIC) set up in 2011 by Google, Facebook, Yahoo and eBay to lobby for open access to the internet and promote e-commerce. 7th July 2013 Singapore’s move to tighten regulation of news web sites has attracted criticisms from unexpected quarters; large internet firms with...
Islamic Banking

London to Capitalize on Thriving Islamic Finance Market

As of now nearly 25 law firms in the U.K offer Islamic finance expertise. The U.K. has three licensed Islamic banks, and 22 traditional banks now offer Islamic banking services. 5th July 2013 London is working hard for an increased share of the global Islamic finance market as the sector expands to a forecast $...
Islamic Banking

London to Capitalize on Thriving Islamic Finance Market

As of now nearly 25 law firms in the U.K offer Islamic finance expertise. The U.K. has three licensed Islamic banks, and 22 traditional banks now offer Islamic banking services. 5th July 2013 London is working hard for an increased share of the global Islamic finance market as the sector expands to a forecast $...
FinanceWealth Management

Real Estate Income Strategies for Retirees

Most retirees need regular cash flows to manage their day to day expenditure in order to lead a satisfied and comfortable retired life. 2nd July 2013 Retirement is a critical point of everyone’s career, and oftentimes the most anxiety ridden for most individuals. Although retirement is inevitable, most individuals fail to adequately plan for this...