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Bank of Korea sees non-financial companies playing bigger role in fintech revolution: Report

Jan 20, 2017 09:16 am UTC| Fintech

In a new report, the Bank of Korea has said that non-financial companies will play a bigger role in the countrys financial sector with the continued growth of digital banking technology, Korea Joongang Daily...

MIT Fintech Hackathon to get sponsorship from TD Bank

Jan 20, 2017 06:49 am UTC| Fintech

American national bank TD Bank has been recruited by MIT to sponsor its first Fintech Hackathon that will be held in the month of February from 24 to 26 at Massachusetts, as reported by Finextra. The MITs first-ever...

NYDFS superintendent opposes OCCs charter proposal for fintech firms

Jan 19, 2017 11:27 am UTC| Fintech

The Superintendent of New York State Department of Financial Services (NYDFS) Maria T. Vullo has submitted a comment letter to the Comptroller of the Currency (OCC) in opposition to the proposal to create a new national...

Chilean fintech startup Destacame closes seed funding round

Jan 19, 2017 09:38 am UTC| Fintech

Chile-based fintech firm Destacame announced that it has closed its seed funding round and the funds raised from Accion Venture Lab and Mountain Nazca will be used to support the companys services within Chile and into...

Blockchain Revolution Series

Davos 2017: China unites 25 countries to establish Global Blockchain Business Council

Jan 19, 2017 06:07 am UTC| Digital Currency Fintech

On January 17, the governmental and industrial representatives from China and 25 other countries gathered in Davos, Switzerland for the Davos Forum. According to the latest update provided by Tai Cloud Corporation to...

Blockchain Revolution Series

Federal Reserve carefully monitoring blockchain and fintech innovations, says Janet Yellen

Jan 19, 2017 06:01 am UTC| Fintech Central Banks

Federal Reserve chief Janet Yellen recently revealed that the central bank is closely looking at the latest developments in the blockchain and fintech space. Speaking at the Commonwealth Club, San Francisco, California...

Fintech investment vehicle ‘Motive Partners to make first investment in LMRKTS

Jan 18, 2017 11:41 am UTC| Fintech

Veterans and experts of the global fintech sector have created a new fintech investment vehicle Motive Partners, that will make its first deal, taking a stake in LMRKTS, a financial markets firm, according to the reports...

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Economy

Too early to discuss ECB tapering, says Benoit Coeure

The European Central Banks executive board member Benoit Coeure speaking on the central banks monetary policy programme at Davos told CNBC that ultra-loose monetary policies will not last forever. However, he added that it...

Chart of the Day: Shrinking margins

This interesting chart, shared by Soberlook.com shows the difference between the input and output components of producer price index (PPI) for the United Kingdom. The recent drop in the pound has accelerated the input...

Steven Mnuchin supports strong dollar

Steven Mnuchin, a former Goldman Sachs banker and the 45th President of the United States pick as the treasury secretary asserted in his support for a stronger dollar at the Senate confirmation hearing, which is striking...

China’s capital outflows mean tweaking of controls

There was further confirmation from SAFE yesterday that the Chinese authorities will continue to tweak the current system of capital controls to discourage and prevent capital outflows intensifying even further. The recent...

FxWirePro: Major driving forces of obstinate INR – Bullish and bearish scenarios and hedging vehicles

Indian rupee is the only EM Asia currency that has not risen against the USD since the start of the year. While it is down only slightly against the USD, it has nevertheless underperformed the broader USD trend. The...

Politics

How progressives can still make change in the age of Trump

Things are not looking good for American progressives. President-elect Donald Trump is poised to put in place many regressive policies in his quest to make America great again that are fundamentally at odds with what...

When politicians become pundits

Former prime minister Tony Abbotts weekend column in The Australian was a good example of professional politicians intervening in the public debate through guest punditry. Abbott has a journalistic background, and is...

Scottish media is in dire straits – it's why alternatives like Bella Caledonia are vital

As the Scottish independence movement contemplates a possible second referendum, it has been rocked by news that an online magazine that established a significant voice in the first vote could close. Bella Caledonia is...

What does Trumps election mean for digital freedom of speech?

As the shock of Donald Trumps election victory is giving way to analysis about how his presidency will affect Americans lives, our digital freedom of speech deserves special consideration. The ability to express ourselves...

Plough on or change to win? Theresa Mays progressive dilemma

Modern British history tells us that when a government minister becomes prime minister between elections, rather than by winning one, they confront a strategic political and ideological balancing act. They must...

Science

Bee Makes Endangered Species List, Scientific Community Alarmed

Bees are often considered the single most important pollinators in the natural world, helping to spread life all across the land by coming in contact with pollens and spreading them everywhere. Now, one species of these...

Scientists Create Li-Ion Batteries With Built-In Fire Extinguishers

Following the wake of widely covered incidents involving exploding lithium-ion batteries in products like the infamous hoverboard and the unfortunate Samsung Galaxy Note 7, the fire hazard posed by the power source has...

Astronomers spot strange, bow-like structure in Venus' atmosphere

Venus is known both as the planet of love and the Earths evil twin. And although research suggests its environment is more hellish than romantic, theres actually a lot we dont know about our celestial neighbour. Now...

Menopause Reversing Treatment To Start Clinical Trials

A lot of things in life are thought to be irreversible and menopause has been one of the most devastating for a lot of women. Now, a new treatment that is meant to reverse menopause is about to go on clinical...

How old is our moon?

Most scientists agree that the Earth has pretty much always had its moon. Details of the moons composition (in particular the isotopic mixture of heavier and lighter versions of various elements) are too similar to the...

Technology

Government Green Lights Building Of Atlantis, Construction Begins in 2019

When talking about cities of the future, most people often think of major landmasses floating in the sky. Before getting there, however, it seems engineers are looking at solving the floating aspect first and they are...

Mind-Controlled Robot ‘Teleport Helps The Disabled Move Around

It would seem that the world of robotics is progressing at an exponential rate, with advances in artificial intelligence and cybernetic mimicry leading the charge. Now, machines that can be controlled via neural interface...

Meitu App Makes Users Look Like Cute Anime Characters And Vulnerable To Data Mining

There is a new app in the market that is skyrocketing in popularity of late because it can turn any user into a cute anime character. While the benefits may seem appealing, particularly to a certain otaku-ish segment of...

LG Patent Foldable Smartphones Too; Company Receives Tablet Hybrid Patent

LG seems to be seeking a dominant position in the smartphone market with its foldable phone model. GSMInfo first reported that LGs patent showcases a new smartphone model looking likea merger of two, different parts. The...

Mark Zuckerberg Doesnt Run His Facebook Profile, A PR Team Does

Mark Zuckerberg is one of the most prolific billionaires in the U.S. largely thanks to his activities on Facebook. Having his own Facebook profile has given the social media figure the appearance of accessibility. However,...
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2017-01-20 15:26:23
0m

January 20 07:00 UTC Released

DEProducer Prices YY

Actual

1.0 %

Forecast

1.0 %

Previous

0.1 %

January 20 07:00 UTC Released

DEProducer Prices MM

Actual

0.4 %

Forecast

0.4 %

Previous

0.3 %

January 23 07:00 UTC 37813781m

TRConsumer Confidence*

Actual

Forecast

Previous

63.40

January 23 13:00 UTC 41414141m

SACPI YY*

Actual

Forecast

Previous

2.3 %

January 23 13:00 UTC 41414141m

SACPI MM*

Actual

Forecast

Previous

-0.2 %

January 23 13:30 UTC 41714171m

CAWholesale Trade MM

Actual

Forecast

Previous

1.1 %

January 23 15:00 UTC 42614261m

EZConsumer Confid. Flash

Actual

Forecast

Previous

-5.1 %

January 23 19:00 UTC 45014501m

ARAnnual Industrial Output*

Actual

Forecast

Previous

-2.5 %

January 23 21:00 UTC 46214621m

KRConsumer Sentiment Ind*

Actual

Forecast

Previous

94 bln $

January 24 00:30 UTC 48314831m

JPNikkei Mfg PMI

Actual

Forecast

Previous

52.4 %

Close

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