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MAS, IFC sign memorandum of cooperation to develop fintech innovation in Asia

May 24, 2017 10:08 am UTC| Fintech

Monetary Authority of Singapore (MAS) announced that it has signed a memorandum of cooperation with IFC, a member of the World Bank Group, in a move to establish and advance fintech innovation in Asia by developing the...

Initial Coin Offering Series

Global experts to come together for Initial Coin Offering Conference on May 29

May 19, 2017 15:01 pm UTC| Digital Currency Fintech

THEblockchain, along with EconoTimes, is going to host a conference focusing on Initial Coin Offering (ICO) a new and innovative fundraising method that has quickly gained popularity among fintech and blockchain...

U.S. CFTC establishes fintech initiative ‘LabCFTC’ in New York

May 18, 2017 11:54 am UTC| Fintech

The United State Commodity Futures Trading Commission (CFTC) announced the launch of a fintech initiative LabCFTC that is aimed in promoting fintech innovation in order to improve the quality, resiliency as well as...

Singaporean fintech startup 4xLabs secures $1.5M in pre-series A funding round

May 17, 2017 09:09 am UTC| Fintech

Singapore-based fintech firm 4xLabs, that develops solutions for money services businesses and travellers in the cash exchange market, announced that it has raised an additional USD$1.5 million in pre-series A funding...

Central Banking Series

PBOC establishes fintech committee to enhance research, planning and innovation

May 16, 2017 09:43 am UTC| Fintech Central Banks

The Peoples Bank of China (PBOC) announced that it has established a fintech committee in a move to improve research, planning as well as coordination of work on fintech, Shanghai Daily reported. Fintech, or...

UK FCA, Hong Kong SFC enter fintech agreement to foster innovation

May 15, 2017 11:45 am UTC| Fintech

The UKs Financial Conduct Authority (FCA) announced that it has entered into a co-operation agreement with the Hong Kongs Securities and Futures Commission (SFC) in a move to foster fintech collaboration in both the...

Japan seeks deregulated sandbox to foster innovation and encourage fintech startups

May 15, 2017 09:42 am UTC| Fintech

The Japanese Government has planned a pro-innovation fintech sandbox in a move to foster innovation and encourage startups in such emerging fields and the sharing economy, Nikkei reported. The government stated that the...

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Economy

U.S. Treasuries gain in muted trading session; eyes on Fed Chair Yellen’s speech

The U.S. Treasuries slightly gained Monday as investors remained sidelined in any major trading activity amid a silent session that witnessed data of little economic significance. Participants are now waiting to watch the...

EUR/USD likely to appreciate gradually towards 1.25-1.26 by end of 2018, says Credit Agricole CIB

The EUR/USD currency pair is expected to gradually appreciate towards the 1.25-1.26 level by the end of 2018, according to a recent report by Credit Agricole CIB. That said, risks for the pair remain tilted to the upside...

Bank of England likely to raise rates by 25 bps every six months, says Nomura Research

The Bank of England (BoE) is expected to raise its benchmark interest rates by around 25 basis points in every six months, the next move being at the time of the May 2018 Inflation Report, according to a forecast by Nomura...

New Zealand bonds close higher as food prices ease in October; GDT auction in focus

New Zealand bonds closed higher on Monday as investors sentiment was dented by weaker commodity prices and a central bank disinclined to raise interest rates. At the time of closing, the yield on the benchmark 10-year...

JGBs trade nearly flat in subdued trade; U.S. Treasury movements in focus

Japanese bonds traded nearly flat as investors remain sidelined in any big deal amid lack of any major domestic events. We foresee that the bond prices will keep drifting between small gains and losses in quiet trading...

Politics

Why PR agencies and their spin should be the subject of greater scrutiny

It was one of the biggest and best-known British PR agencies around. So when Bell Pottinger came crashing down earlier this year, you could be forgiven for wondering why it hadnt prepared a better crisis strategy to deal...

Kuwait's economic interest in mediating the Qatar-Gulf crisis

A blockade against Qatar by its Gulf neighbours is now in its fifth month. Saudi Arabia, Bahrain, Egypt and the United Arab Emirates severed socio-economic ties with Qatar as punishment for its alleged support of terrorism...

Xi Jinping sets out plans to make China great again

In 1793, in his letter to Britains King George III, Chinas Qianlong emperor rejected all the British requests to improve the state of trade between England and China. After all, the Middle Kingdom possesses all things in...

Terrorist leaders in the Philippines are dead – will democracy be restored?

For almost five months, 21 million people in the southern Philippines have been living under martial law. Philippine President Rodrigo Duterte declared martial law in the province of Mindanao in May in response to...

Why the new banking laws won’t be the slam dunk the government is expecting

The federal government is set to enact new laws covering Australian banks, senior executives and directors. Called the Banking Executive Accountability Regime (BEAR), it imposes new legal obligations on banks and their...

Science

Cancer Patient Injected With Vaccine For The First Time

Cancer is one of the last remaining major illnesses that still does not have a vaccine, but human trials have finally begun to change all this. Moderna Therapeutics just injected a patient with a cancer vaccine for the...

New Zealand’s Plan To Weaponize CRISPR To Annihilate Pests Sparks Debate In Scientific Community

Its always the same story. Governments want to use science as a weapon of mass destruction, certain members of the scientific community speak up about the potential consequences, and the debates ensue. In the case of New...

Scientists Achieved Real-Time Gene Editing In Live Human Subject For The First Time

Gene editing is considered by many as the future of medicine. The potential uses attributed to the field range from curing all kinds of diseases to making humans practically invulnerable. For the first time, scientists...

Scientist Proves Brain Implant Can Improve Memory By 30%

These days, one of the hottest topics in the tech and medical industries is the matter of cybernetics or merging man with machine. A scientist has recently advanced this field by demonstrating how a brain implant can...

FDA Approves New Smart Pill, Raises Concerns Of U.S. Government Spying

For the most part, developing new medical technologies is a huge benefit to people. Take for instance the smart pill that the U.S. Food and Drug Administration (FDA) just approved, which is meant to monitor if patients are...

Technology

Online Payment App Square Cash Now Offers Bitcoin Buy/Sell, Stock Prices Skyrocketed

Its reflective of the industrys general mood regarding cryptocurrency when the stock prices of the online payment app Square Cash would rise right after offering Bitcoin buy and sell features. It didnt even matter that the...

Upcoming Electric Cars Could Have 500-Mile Range And 1-Minute Charge Time

Electric vehicles are growing in popularity, but due to the range anxiety that consumers have and the long recharge times, adoption has been slow. Now, it seems someone has filed a patent on a solid-state battery that...

Google Job Search Feature Now Include Salary Info And Location Filters

Googles new jobs search features on its search engine is a boon to job hunters because it makes looking for open positions much easier. However, there were a few issues with the early version. With the newest update, the...

New Moto Z Mod Turns Phone Into Polaroid Camera

The Motorola Moto Z smartphones just got a really interesting mod. Called the Polaroid Insta-Share Printer Moto Mod, its basically a mod that turns the phones into polaroid cameras. Of all the mods that are available for...

Kickstarter Declares War On Patreon, Offers Service To Support Content Creators

The crowdfunding platform Kickstarter just unveiled a new service called Drip, which is meant to allow viewers or readers to support content creators via donations. This is essentially what Patreon does, which means that...
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November 20 20:00 UTC Released

BRCAGED Net Payroll Jobs*

Actual

77 k

Forecast

Previous

77 k

November 20 13:00 UTC Released

RURetail Sales YY

Actual

3.0 %

Forecast

3.9 %

Previous

3.1 %

November 21 13:55 UTC 906906m

USRedbook MM

Actual

Forecast

Previous

-1.2 %

November 21 13:55 UTC 906906m

USRedbook YY

Actual

Forecast

Previous

2.3 %

November 22 12:00 UTC 22312231m

USMBA Mortgage Applications

Actual

Forecast

Previous

3.1 %

November 22 12:00 UTC 22312231m

USMortgage Market Index

Actual

Forecast

Previous

401.7 Bln EUR

November 22 13:30 UTC 23212321m

USJobless Claims 4-Wk Avg

Actual

Forecast

Previous

237.75 k

November 22 13:30 UTC 23212321m

USInitial Jobless Claims

Actual

Forecast

240 k

Previous

249 k

November 22 13:30 UTC 23212321m

USContinued Jobless Claims

Actual

Forecast

1.882 Mln

Previous

1.860 Mln

November 22 14:30 UTC 23812381m

BRForeign Exchange Flows*

Actual

Forecast

Previous

-3.412 Bln USD

Close

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