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Indranee Rajah Says Singapore Is Going to Standardize Project Finance Documents
2.10.2019
Singapore has always been known for cutting through as much red tape as possible and in a new development, it has emerged that the country is going standardize the terms pertaining to project finance documents. Indranee Rajah, the Minister at the Prime Minister’s Office in Singapore stated that...
Ecuador President Does Away with Fuel Subsidies
2.10.2019
In a development that could well prove to be divisive, the President of Ecuador announced on Tuesday night that the country is going to end subsidies that keep down the cost of fuel. Lenin Moreno, the current Ecuador president stated that in addition to the ending of subsidies, the government...
How G20 Central Bank Digital Currencies Are Progressing
2.10.2019
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...
Blockchain Startup Tracks Property Liens in Energy-Efficient Loan Market
1.10.2019
Spring Labs to create a property lien registry to track liens in energy-efficient loan market
NFL Could Pay a Steep Price Owing to US-China Trade War
1.10.2019
The United States-China trade war shows no signs of relenting and in a new development, the National Retail Federation has indicated that it could take a toll on fans of the National Football League (NFL). According to the findings of the National Retail Federation, NFL fans will need to pay a...
Reis Inc Reveals Office Vacancy Rates in United States Rose in Third Quarter
1.10.2019
Office occupancy and its continued rise is a clear indicator of the employment situation in a country, while the rise in vacancy rates is a cause for alarm. According to the latest report from the real estate research outfit Reis, the office vacancy rate in the United States has actually climbed...
American Congressman Resigns Due to ASX Penny Stock Insider Trading Scandal
1.10.2019
In a development that would come as a source of embarrassment for the political establishment in the United States, a Congressman from New York has had to resign over a penny stock insider trading scandal. Chris Collins, who is a Congressman from New York, has resigned after he passed...
To Improve the Resilience of its Financial System is Now a Priority for Reserve Bank of New Zealand
30.9.2019
Central banks all over the world are currently looking for a way to make their country’s financial system more efficient and in that regard, New Zealand is no different. In a new development, the Reserve Bank of New Zealand has indicated that the country’s financial system is good enough to tackle...
Interest Rate in Australia to Be Cut According to Financial Market Predictions
30.9.2019
Interest rates are being cut by most central banks all over the world in order to recharge economies. If the predictions from the financial markets are to be believed, the Reserve Bank of Australia is all set to cut interest rates as well. The Reserve Bank is going to convene its board meeting...
Bankers Start to Recognize Bitcoin’s Role in Financial Evolution
29.9.2019
Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that...
XinFin, Black Tier Solutions and Blockchain at Michigan Announce Joint Partnership
28.9.2019
Black Tier Solutions announced a partnership with Blockchain at Michigan.
Black Tier Solutions will be responsible for assisting the University of Michigan Blockchain group to develop a tokenized student rewards program and a tokenized gaming platform using XinFin Hybrid technology.
The post...
Decentralized Finance Projects Are Starting to Ship
27.9.2019
Defi, defi, defi. You can’t go anywhere in crypto these days without having that contraction thrown at you. 2017 was all about the ICO, 2018 was about surviving the bear market, and early 2019 was a toss-up between IEO and STO. Now, as we prepare to enter Q4 of 2019, it’s all about...
Bilateral Investment Discussed by India and China at Financial Dialogue Meeting
26.9.2019
The politics among some of the largest economies in the world is complex, and it is particularly so when the nations in question have a history of hostility. India and China have had a fraught and difficult relationship for much of their existence. However, the two nations have been doing business...
Gloom on US Stock Market as Trade Tensions Escalate with China
26.9.2019
The trade war between the United States and China has proven to be one of the most significant political, diplomatic, and economic events of the past decade. It has unleashed immense economic uncertainty on most markets across the world and more so, on the stock markets in the two concerned...
Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
25.9.2019
Lloyds Bank partners with blockchain firm Komgo to streamline its commercial bank division
Daimler Conducts Transaction on Marco Polo Trade Finance Network
25.9.2019
Daimler AG and mechanical engineering firm Dürr AG have tested a transaction on R3’s Corda-powered Marco Polo network
Trade Tensions Weigh on the Dollar Despite Recovery From Trump Impeachment News
25.9.2019
On Wednesday, the U. S. Dollar received a major jolt after it emerged that formal impeachment proceedings were about to begin against the United States President Donald Trump. The political development of that sort almost always results in a loss of confidence in a nation, in its economy...
Daimler Carries Out First Transaction on Marco Polo Blockchain Trade Network
25.9.2019
Automaker Daimler has carried out its first commercial transaction on the blockchain-based Marco Polo trade finance network
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Stricter Norms Expected in the New Zealand Financial Sector
25.9.2019
One of the most important aspects of the financial markets all over the world is regulation. Regulation ensures that no unfair practices are allowed in the markets and helps retail investors in participating in the markets without the fear of being taken for a ride. On the other hand, bankers...