Company News

Digital Currency Startup in Bermuda will be Getting Banking Services from Signature Bank

By Evan Vaughn March 6, 2019

Since the time digital currencies and assets have come into existence, firms that deal with them, have found it very difficult to get funds from traditional financial institutions as they have been resistant about offering bank services to them. There is one bank, however, which is going against the conventional way and offering banking services […]Continue Reading

Trading News

US Prepares to Dump Preferential Trade Agreement with India

By Evan Vaughn March 5, 2019

While the trade war with China rages, United States President Donald Trump has decided to focus on another trade agreement and this time he has turned his gaze at the preferential trade agreement with India, another giant economy in Asia. On Monday, the US President stated that preferential trade agreement is going to be ended […]Continue Reading

Trading News

Donald Trump: Strong Dollar Hurting U.S. Competitiveness

By Evan Vaughn March 5, 2019

The U.S. President Donald Trump criticized the Federal Reserve again about its tight monetary policy which has made the dollar strong and as a result hurt the country’s competitiveness. At the annual Conservative Political Action Conference held in Oxon Hill, Maryland, Trump said that the gentleman at the Federal Reserve Bank likes a very strong […]Continue Reading

News

No Letup for Indian Real Estate despite Government Boost

By Evan Vaughn March 5, 2019

The Indian real estate market has been a flux over the past year or two due to a variety of reasons, after growing at record rates for much of the previous decade. The slowdown in the Indian economy in addition to the credit crunch instigated by the bad loans in the books of many banks […]Continue Reading

Trading News

Delegators of US and China are Approaching Close to End Trade Deal on All Tariffs on Chinese Goods

By Evan Vaughn March 5, 2019

The US and China negotiators are very close to reach out to a deal to end the trade war. The Trumps administrator is thinking of withdrawing almost entire tariff hike on the Chinese products. The US can only remove the tariff hike if and only if China abides by its promise of protecting intellectual property […]Continue Reading

News

Shanghai’s Tech Board Attracts Hoards of Chinese Fund Managers

By Katherine Miller March 5, 2019

The Chinese tech scene has exploded over the last decade or so and it is no surprise that the appetite for funding China-based tech businesses has only grown in the recent past. However, the current trade tensions with the United States have presented another troubling problem for investors, who have been limited from investing in […]Continue Reading

Trading News

Oil Prices Climbs Up Due to Progressive Trade Talks Between US-China, OPEC Cuts Supply

By Brian Stanley March 5, 2019

Oil prices were high on Monday in Asia, with a slight recovery from its last week performance. During the time, when the OPEC the manufacturer club, tightened its supply output, there were progressive ongoing trade talks between the US and China. The report suggests that both the countries were very close to reach out a […]Continue Reading

Company News

Matrix Group owner interrogated by Enforcement Director over ICICI- Videocon Loan Case

By Adrian Todaro March 5, 2019

On Sunday, the Enforcement Directorate (ED) for the third time interrogated the former ICICI Bank CEO and MD Chanda Kochhar and meanwhile convicted Nishant Kanodia, the chairman of Matrix Fertilizer. Deepak Kochhar and Venugopal Dhoot were deeply questioned by the ED, and after completing the process of interrogation for the day, they left the investigating […]Continue Reading

Trading News

Kiran Mazumdar-Shaw Imposed With Fine Of 9.5 Lakh Rupees For Selling Shares and Breaching Trade Norms by Infosys Board

By Norma Stanley March 4, 2019

On Thursday, Infosys, the second largest IT Company of India has imposed a fine of 9.5 lakh rupees on one of its key independent director Kiran Mazumdar Shaw for selling 1,600 shares accidentally of Infosys during the trading hours. Infosys has mentioned it in on February 28 during its BSE filing. She had not taken […]Continue Reading

Company News

Jet Airways Grounds Seven More Planes

By Brian Stanley February 28, 2019

On Wednesday, the domestic airline firm in India, Jet Airways has grounded seven more aircraft as the carrier has failed to make the payments to its lessors, taking the tally of planes hamstrung by the defaults to thirteen. On an official press release, “Jet Airways is currently is actively engaged with all its aircraft lessors,” […]Continue Reading