Page 24 – FinanceSecond

Company News

Contract Workers to Lose Their Jobs In Nissan Mississippi Plant

By Adrian Todaro January 21, 2019

Nissan Motor Co which has its headquarters in Tokyo, Japan and a manufacturer of trucks and buses has many manufacturing and assembly plants across the world, and one of it is in Mississipi. The company announced that it planned to lay off up to 700 contract workers in its assembly plant in Mississipi. The official […]Continue Reading

Company News

United Arab Emirates and Saudi Arabia Agrees to Work as a Team for New Cryptocurrency

By Teresa Taylor January 21, 2019

The United Arab Emirates [UAE] and Saudi Arabia disclosed an agreement saying they will co-operate with each other for developing a new cryptocurrency. The report was published on 19 January by UAE official news agency named Emirate News Agency. By the statement, The Executive members of Saudi-Emirati Co-ordination Council organized a meeting in the capital […]Continue Reading

Trading News

Proposed licensing system to keep anonymous Crypto trading at bay, claimed by Dutch Government

By Norma Stanley January 21, 2019

As per recent news from the Dutch media group, Nederlandse Omroep Stichting (NOS), the Dutch Ministry of Finance has received an official confirmation to set up a licensing system which would create transparency as far as the digital asset trading and crypto-based services are concerned. Pete Hoekstra who is the Netherlands’ Minister of Finance has […]Continue Reading

Trading News

Popular Ripple’s Coin XRP’s Fake Liquidity on Crypto Exchanges?

By Norma Stanley January 21, 2019

Ripple’s coin XRP is the second largest cryptocurrency coin in the market only after the Bitcoin [BTC] according to market cap. The XRP which is a digital asset is trying to achieve new financial organizations and institutions across the world to execute cross border transactions. This digital asset in future will be the top serious […]Continue Reading

Opinion & Analysis

Exchange-traded notes to attract Wall Street Investors, claims CBOE Analysts

By Katherine Miller January 21, 2019

As per recent news, Ed Tilly who is the CEO, president and chairman of Chicago Board Options Exchange (CBOE), said that to attract Wall Street Investors, it is important that exchange-traded notes (ETNs) from Bitcoin (BTC) is made public. The visibility is important for the Wall Street institutional investors as far as joining the digital […]Continue Reading

Trading News

Crypto Market Bounced Back Marginally By $5 Billion As Bitcoin Price Surpasses $3,700

By Evan Vaughn January 21, 2019

Since last 2 days, the crypto exchange has bounced back marginally by $5 billion, from $120 billion to $125 billion after a promising breakout of the Bitcoin cost above $3,700. The unexpected solid development of Bitcoin could prompt the transient recovery of other major crypto resources and low market capital cryptocurrencies by the next few […]Continue Reading

Company News

A Joint Cryptocurrency in Horizon to Strengthen The Saudi-Emirati Economic Alliance

By Adrian Todaro January 21, 2019

The Emirates News Agency based in The United Arab Emirates (UAE) has reported that the Arab nation will join hands with their neighbor Saudi Arabia to launch a new cryptocurrency, in a meeting held by “The Executive Committee of the Saudi-Emirati Coordination Council” in Abu Dhabi. The report mentions that the conference in the UAE […]Continue Reading

News

Chileans to pay tax on income from cryptocurrency from April

By Brian Stanley January 20, 2019

Cryptocurrency investors will have to pay taxes on earnings from April this year. According to the Internal Revenue Services authority of the country or Servicio de Impuestos Internos (SII), crypto assets will also have to be filed with annual tax returns. This is a strong step taken by the South American country to regulate the […]Continue Reading

China Tax Cut Strategy to Tackle Slowdown

Financial Planning

China’s Tax-Cut Strategy to Tackle Slowdown

By Katherine Miller January 17, 2019

As per the recent Chinese credit data, the Chinese Government is relying on the tax cut as the first line of defense against the slowing down of the economy. The data imply that the Chinese Government has accepted the fact and started taking measures for the same. Senior Chinese policy officials confirmed that more large […]Continue Reading

Advisors

Chinese Central Bank Infuses Record Amount into Banking System

By Brian Stanley January 17, 2019

China has become the biggest victim of the global slowdown. Proving this point stronger, the Chinese central bank, People’s Bank of China has infused 560 billion Yuan ($83 billion) into the banking sector. It is the highest amount to be injected in a day in Chinese history. The yield on the 10-year Chinese government bond […]Continue Reading