Opinion & Analysis

GDP Slowdown Could Instigate Rate Cuts in Australia

By Brian Stanley March 6, 2019

The Australian economy has been in doldrums over the past few months as growth came to a virtual standstill and the Gross Domestic Product (GDP) left a lot to be desired. In such a situation, an interest rate cut from the central bank is one of the most effective ways to cheapen credit and stimulate […]Continue Reading

News

Bernard Arnault the Owner of LVMH Defeats Warren Buffet as the Third Wealthiest Person of the World

By Adrian Todaro March 6, 2019

Luxury goods investor Bernard Arnault has overtaken the Chairman of Berkshire Hathaway Inc. Warren Buffest to gain the title of third wealthiest person of the world in the Bloomberg Billionaires Index list. Bernard Arnault is a Frenchman, who has added 14.5 billion dollars to his company so far during this year. And, now the worth […]Continue Reading

News

Popularity of Face Mask makes Koreans Billionaire

By Brian Stanley March 6, 2019

With Korean face masks becoming increasingly popular, they have the ability to do wonders to your skin besides building fortunes like in Kim Jung-Woong’s case. The growing importance given to skincare and beauty has helped a few Koreans amass plenty of wealth as customers look for the ever elusive dewy look. Large cosmetic manufacturers and […]Continue Reading

Bankruptcy

Total Monetary Penalty of 11 Crore Rupees Imposed on Four Banks by RBI For Delay In Executing Swift Software Directions

By Evan Vaughn March 6, 2019

The Reserve Bank of India (RBI) has imposed a total monetary fine of worth 11 crore rupees on 4 banks namely, United Bank of India, Karur Vysya Bank, IOB and Karnataka Bank for not implementing the directions on messaging software, Swift. RBI has already levied four crore rupees on Karnataka Bank, and now another fine […]Continue Reading

News

Manchester City Mostly to Invest in Indian Club

By Brian Stanley March 6, 2019

City Football Group (CFG) is the company that acquires Manchester City is planning to buy a club in India, reported by CFG executive Ferran Soriano. City Football Group also owns New York City, Melbourne City and Premier League club. The company has shares in four other sites across the world. The owners of Premier League […]Continue Reading

Trading News

Dubai Stocks or Saudi, Which to Buy?

By Adrian Todaro March 6, 2019

Saudi Arabia is an important country in the oil market and a member of the OPEC. Known for its production of natural gas and petroleum, it also has an emerging stock market called the Tadawul. It is the main stock exchange among the Gulf countries since 2007. Being a relatively new exchange, it did not […]Continue Reading

Company News

Indian Fintech Firms Get an Invitation from Bahrain

By Adrian Todaro March 6, 2019

Bahrain is planning to grow and endorse themselves as a ‘financial tech hub,’ therefore, they went and approached Middle Eastern nations looking for participants. They are looking for Indian companies to participate in the fintech industry so that they can grow it in this region. Bahrain plans to develop the technology of blockchain in India […]Continue Reading

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