Are Bitcoin Markets Going Haywire? Don’t Miss These Key Things
When you begin to trade or invest in the cryptocurrency and Bitcoin markets, you need to exercise various restraints that will prevent you from incurring deep losses. According to experts,…
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Reserve Bank of New Zealand Keeps Interest Rates Unchanged
The Reserve Bank of New Zealand surprised the markets and analysts by holding the interest rates. There had been a popular expectation that the central bank was going to cut…
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G7 Report Labels Stablecoin Threat to Global Financial Stability
In yet another opposition from the G7, British broadcaster BBC has reported that the group has prepared a report in which stablecoin is being considered as a threat to the…
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Saudi Arabia’s Kingdom Holdings to Invest Money from Careem Sale in Europe
The sale of middle-eastern ride-hailing company Careem for $3.1 billion to Uber has proven to be one of the biggest acquisitions this year, and considering the fact that the American…
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Fintech Firms and Talent Leave the UK, as Fears Over a No-Deal Brexit Continue to Haunt
As the time is ticking on for Brexit, financial companies are taking precautionary measures to avoid being hurt by a no-deal scenario, in order to continue operations within the UK…
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Anil Ambani Avoids Jail After Brother Mukesh Bails Him Out
Anil Ambani was bailed out of jail trouble by brother Mukesh just a day before Anil, and two other directors of Reliance Communications were headed for a three-month jail term.…
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US Sues Volkswagen and ex-CEO for Fraud over Dieselgate
The diesel emissions scandal, better known as ‘Dieselgate’, threatened to engulf Volkswagen, one of the biggest car manufacturers in the world. Although the car maker may have left it behind…
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Top Investors Brush off Khashoggi Affair and Pour Money into Saudi Arabia
The murder of Saudi journalist Jamal Khashoggi at a Saudi Arabian embassy had created a lot of heat on investors to stop investing in the country. However, it is now…
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US Mobile Bank Chime Joins the Unicorn Star-Up Club with A $1.5 Billion Valuation
San Francisco based mobile banking start-up Chime raised an additional $200 million in Series D financing led by DST Global, valuing its business at $1.5 billion. The oversubscribed funding round…
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Trump to Declare Emergency Over Mexico Border Wall
President Donald Trump swore on Thursday that he would declare a national emergency in a surprising attempt to fund his proposed US-Mexico border wall without the support of the Congress.…
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