International Finance

Tag : Wealth Management

Economy

Uncertainty of election makes pound jittery

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...
Economy

Asia’s SMEs catch onto alternative finance

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....
Fintech

NEM launches alternative to Bitcoin

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...
Economy

Argentina sues and suspends Citibank

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...
Fintech

March windstorms cause billion-dollar damage across Europe

Windstorm Niklas recorded as costliest non-U.S. event in first quarter 2015 April 10,2015: A report by Impact Forecasting, Aon Benfield’s catastrophe model development team, was launched recently and evaluates the impact of natural disaster events that occurred worldwide during March 2015. The report reveals that Windstorms Mike and Niklas swept through western and central Europe at the...
Fintech

‘Some lawyers are already using wearable technology in their practices’

With approximately 20 years of experience in the legal field, Nicole Black is a “go to” expert on legal technology matters Recommind April 10,2015: With approximately 20 years of experience in the legal field, Nicole Black is a “go to” expert on legal technology matters. In addition to her published work, Nicole also frequently speaks and attends...
Economy

Singapore draws up smart plans

The aim is to be a smart nation within 10 years Suparna Goswami Bhattacharya April 10, 2015: Steve Leonard, the executive deputy chairman of Infocomm Development Authority (IDA), Singapore’s technology development arm, is a busy man. After all, it cannot be any different when you have been bestowed the responsibility of making Singapore a smart...
Economy

‘AEC could propel local companies into regional powerhouses’

F&S says that local firms need to move away from low-labour cost production operations April 9,2015: The ASEAN Economic Community (AEC) could push local companies to become regional powerhouses, says Frost & Sullivan. Nitin Bhat, Partner & Head of Consulting at Frost & Sullivan said that to increase the competitiveness of Malaysian companies and prepare...
Economy

Zaiwalla & Co welcomes Iran’s nuclear deal

The solicitor gives thumbs up to the framework agreement reached with the P5+1 countries April 8, 2015: Zaiwalla & Co, the solicitors who overturned both the United Kingdom’s and European Union’s sanctions against Iranian banks, welcomed the  framework agreement which has been reached between the P5+1 countries and Iran relating to Iran’s nuclear programme. This...
FinanceWealth Management

What is risk in investing?

The chance that an investment’s actual return will be different than expected Dr Shane Oliver  April 6, 2015 Risk in investing is often portrayed as just market volatility when in reality it’s a whole lot more, notably: the risk of capital loss; the risk of not having enough investment income; the risk of not having...