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France Announces €2.5 Billion Worth “Choose Africa” Project for African SMEs
13.12.2019
The French government is all set to support Africa in becoming one of the world’s biggest ground for investment and capital development. The country broke the news on Friday that it has entered into a widescale free trade area agreement with the African continent to boost the business opportunities...
EIB Sanctions €66 Mn Funds Aid for Construction of 9 Solar Projects in Spain
13.12.2019
Working as the lending arm of the European Union and the world’s biggest provider of climate finance, the European Investment Bank has signed two crucial agreements focused on the promotion of renewable energy sources in the Russian territory. As part of the agreement, the bank will provide...
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially
13.12.2019
These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings. The landscape of crypto investment vehicles has changed significantly as institutional and retail investors don’t need direct exposure to cryptocurrencies in order to invest...
How Brexit May Impact the Premier League?
11.12.2019
Sports and politics have never gone hand on hand. Though we have seen some instances of politicization of sports, the apex authorities like FIFA, IOC, and ICC have always tried to maintain the sanctity. However, there are certain political events that affect every sphere of human lives and sports...
JP Morgan Will Launch IIN Network in Japan to Address AML Issues
11.12.2019
Multinational investment bank JP Morgan is all set to launch its blockchain-powered payment system in Japan. The network, which is christened as Interbank Information Network (IIN), will see the launch early next year. The network will address the issuance of data among other bank networks and will...
World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report
11.12.2019
The world’s second-biggest bank, China Construction Bank, launches blockchain-based refactoring platform
State-Owned Chinese Bank to Finance Small Businesses With Blockchain Tech
10.12.2019
The China Construction Bank will help finance small businesses using a blockchain platform
Canada Gives Green Signal to the Controversial Digital Service Tax
10.12.2019
After France’s controversial move, now Canada has made it clear that it would be levying the contentious digital service tax. This tax is aimed at huge international digital companies like Google and Amazon. Canada’s Finance Minister said that his Government would go with this tax even after...
InfraRisk Makes New Associations With Toyota Finance and Taurus Motor Finance
10.12.2019
InfraRisk Pty Ltd. (InfraRisk) recently announced that it would expand its footprint in Germany and Australia. As per the official announcement, InfraRisk would tie-up with Toyota Financial Services in Germany to assist its credit process covering dealerships and large fleet consumers. It should...
Nexo Now Offers Bitcoin Cash Instant Crypto Credit Lines
9.12.2019
Bitcoin Cash community members are able to borrow against their favorite digital asset in more than 40 fiat currencies across more than 200 jurisdictions. This is thanks to Nexo which now offers BCH Instant Crypto Credit Lines with one of the lowest annual percentage rates in the industry. Also...
Bill Gates Echoed His Concerns About Anti-globalization With New Firmness
9.12.2019
Globalization has taken a prime spot in the global geo-political scenario in the last few years. The whole world seems to have taken an inward view and many developed nations like the U.S., Britain, and the European Union have normalized the anti-globalization norms through electoral intent....
Japan’s Third Quarter GDP Grew beyond Expectation; Private Consumption Becomes the King Maker
9.12.2019
Amidst news of gloomy economic conditions world-wide, Japan seems to have good news. Its Cabinet office data has indicated that the Japanese economy has come back on track. Its third-quarter GDP growth has outperformed the initial estimation by the Japanese Government. As per the official data,...
EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...
Goldman Sachs Predicts 31% Rise in Alibaba’s Hong Kong Stock
6.12.2019
After having missed out on underwriting the Alibaba Group Holding’s Hong Kong share sale, Goldman Sachs has now predicted that Alibaba shares could go up by as much as 31% in next year. Analysts at Goldman Sachs have started coverage of the Alibaba stock and also gave it a buy rating. Alibaba...
South Korea to Donate $5 Million to WHO for Humanitarian Aid in North Korea
6.12.2019
South Korean government will donate $5 million to the World Health Organisation (WHO) for the first time in 5 years. The donation will help provide humanitarian aid in North Korea, which will make medical treatment more accessible for women and children. The announcement was made by the unification...
BlockchainArmy’s Erol User Explains How Blockchain Can Revolutionize Finance
6.12.2019
Blockchain consulting company BlockchainArmy’s Chairman and Co-founder Erol User moderated a panel on Blockchain at the Bosphorous Summit in Istanbul, Turkey. One of the participants, Mark Mobius, an emerging markets fund manager and founder of Mobius Capital Partners LLP, showered praise on Erol...
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
5.12.2019
Morgan Creek Digital’s co-founder Pomp joins Figure’s board as his company leads the $103 funding round
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
Kdy se otevře první vesmírný hotel? Realizace těchto projektů zatím vázne a nejde jen o finance
5.12.2019
Vybudovat vesmírný hotel touží hned několik soukromých subjektů. Celá věc je však mnohem složitější, než by se na první pohled mohlo zdát. A rozhodně nejde jen o finance. Podle agentury Reuters je velký problém i v tematicky relevantních zákonech, které obecně řeší především rakety a zbraně –
Goldman Sachs’s Kathy Says Japan’s Stimulus Package May Payoff
5.12.2019
As the global economy is under immense pressure today, no developed nation seems to find it easy to wade off its impact. Japan seems to be on the front absorbing the global shock as it has a multitude of economic issues in its economy. However, some Government sources have lately indicated that...