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Singaporean fintech firm MC Payment takes controlling stake in Genesis

Jan 26, 2017 10:37 am UTC| Fintech

Singapore-based fintech company MC Payment announced that it has taken a controlling stake in Alipay merchant acquirer Genesis Payment Solutions. MC Payment is one of the fastest growing Fintech payment companies in...

British Columbia Securities Commission seeks contribution from BC fintech firms

Jan 26, 2017 07:42 am UTC| Fintech

The British Columbia Securities Commission (BCSC) announced a Tech Team of dedicated players as a part of its current outreach aimed at BC fintech and tech companies and also other stakeholders in the industry. The BCSC...

Blockchain Revolution Series

Digital Currency Revolution

BoE developing blockchain proofs of concepts and exploring Central Bank Digital Currencies: Mark Carney

Jan 26, 2017 06:27 am UTC| Digital Currency Fintech

The Bank of England is looking into the policy and technical issues posed by Central Bank Digital Currencies (CBDC) and developing blockchain proof-of-concepts, Bank of England Governor Mark Carney said. Speaking at the...

Digital Currency Revolution

PBoC tests blockchain-based digital currency with commercial banks

Jan 26, 2017 05:41 am UTC| Digital Currency Fintech

According to latest reports, the Peoples Bank of China completed a trial of a blockchain-based digital currency on 15 December 2016. Caixin reported that the digital currency system was tested with several commercial...

Blockchain Revolution Series

International law firm Steptoe joins Global Blockchain Business Council

Jan 26, 2017 04:37 am UTC| Digital Currency Fintech

Blockchain technology company Bitfury Group, together withinternational law firm Steptoe Johnson LLP, announced today that Steptoe will serve as a member and legal services partner of the Global Blockchain Business...

Thai FinTech Association seeks government support to fight competition from foreign players

Jan 25, 2017 09:42 am UTC| Fintech

The Thai FinTech Association has sought the help of the government to enhance and increase its support for local fintech startups and financial institutions and its competitiveness, thus preventing foreign companies from...

London takes top spot in RegTech deals: FinTech Global

Jan 25, 2017 08:36 am UTC| Fintech

In a new research, specialist data and intelligence firm FinTech Global has found that London is set to lead dramatic growth in the regulatory technology industry. Regulatory technology, popularly called RegTech, is...

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Economy

U.K. retail sales unexpectedly slip in Jan, show first signs of fall in underlying trend since Dec 2013

Data from the Office for National Statistics (ONS), showed on Friday that U.K. retail sales volumes unexpectedly dropped by 0.3 percent compared with the previous month, widely missing analysts expectations for a 0.9...

FxWirePro: The Day Ahead- 17th February 2017

Not many economic dockets scheduled for today and all with low to medium volatility risks associated. Upcoming: Eurozone: December current account balance will be reported at 9:00 GMT, construction output numbers...

EUR/CZK likely to dip towards 25.00 this H2, says Commerzbank

The EUR/CZK currency pair is expected to dip towards a level of 25.00 in the coming months, especially in the second half of this year. Further, Czech headline inflation is likely to overshoot the central banks 2 percent...

Singapore's banking industry to see limited upside in 2017 on weak GDP growth - S&P

SP Global Ratings in a report published today said that it sees limited upside for Singapores banks In 2017 due to weak GDP growth. SP Global Ratings maintains its stable outlook on the Singapore banking sector for 2017....

Markets price in 34 pct chance of Fed rate hike at March meet after Yellen's upbeat economic assessment

Federal Reserve Chair Janet Yellens congressional testimony gave a rather upbeat assessment of the US economy, consistent with the Feds expectation of further gradual increases in interest rates. In a testimony before the...

Politics

What a philosopher and the Thirty Years War tell us about Donald Trump

Michel Foucault, who died more than 30 years ago, has something to tell us about Donald Trump. The French philosopher once delivered a famous lecture which sought to explain why the people of Europe had done away with the...

Why the government should tax unhealthy foods and subsidise nutritious ones

In an Australian study published today, we show that if the government were to combine taxes and subsidies on a range of foods and beverages, it could substantially improve the health of Australians and potentially free up...

Understanding populism: how leaders can better sell economic reform

Economic policies are seldom an easy sell. Think of the governments continued attempts to get the crossbench to help pass its unpopular corporate tax cuts. Economic issues matter to Australians. Issues such as housing...

A new president and a chance for Germany to face its demons

Frank-Walter Steinmeiers election as Germanys president represents a rare opportunity for his country. While the role is essentially ceremonial, Steinmeiers background, combined with a dramatically changing global...

Zuma's state of the nation address: nothing but farce and fisticuffs

Lets face it. Over the last three years the annual State of the Nation address in South Africa has become embarrassing. First the citizens of the country tune into the usual punch-up between the opposition Economic Freedom...

Science

We need to think about redefining citizenship in the Anthropocene

The hottest year on record was 2016. It was also the year scientists advised that Earths citizens were now living in the Anthropocene, the name proposed for an epoch in which humans influence geology and environment on a...

Lab-Grown, Pork-Free Bacon For Everyone!

Bacon is one of the most popular foods among Americans, but climate change has increased the chance of a bacon shortage. With this being the case, perhaps lab-grown bacon will finally get the chance to muscle into porks...

How far they'll go: Moana shows the power of Polynesian celestial navigation

This article contains minor spoilers. One of the greatest feats of human migration in history was the colonisation of the vast Pacific Ocean by Polynesian peoples. They achieved it thanks to their sophisticated...

Immunity During Pregnancy Determined By Baby’s Sex, Study States

The immune system of pregnant women fluctuate throughout the course of the nine months carrying the child or children, this is an established fact. However, the sex of the baby as the factor has always been more of...

SpaceX To Send Super Bacteria Into Space On Valentine’s Day

Elon Musks rocket company SpaceX is slated to send a rocket up into space on February 14th carrying a very special payload. With the alarming rate of growth of drug-resistant superbugs on Earth, scientists now want to send...

Technology

Snapchat For Android To Get Major Updates Starting Next Week; Will We Expect A Smartphone Too?

According to CEO Evan Spiegel, Android users should expect some major updates for the Snapchat app. In a series of responses on Reddit, the recluse CEO made it known that hes aware of the performance issues on Android...

Nintendo Switch Unboxing Reveals First Look At Menu System

A new unboxing video for the Nintendo Switch was taken by a fan who received the gaming console a couple of weeks earlier. Den of Geek reports that gaming enthusiast hiphoptherobot filmed and uploaded an unboxing video...

Artificial Intelligence Can Rewrite Its Own Code For Predictive Responses Much Like Skynet

Current artificial intelligence technology is being taught to be smarter by basically feeding them mountains of data and having them repeat tasks again and again until they learn. A company recently came up with a way to...

Man Saves Life By Sacrificing Tesla Model S, Elon Musk Offers Free Repairs As Reward

There are rare moments in life when a person has the chance to act for the good of others even if it meant sacrificing something that they love. In one amazing case, a driver of a Tesla Model S in Germany actually saved...

Google Unleashes Secret Weapon To End Amazon Cloud Supremacy, Will It Be Enough?

The tech world has been experiencing a quiet kind of turmoil for some time now, with companies vying for the top spot in the cloud computing industry. Right now, Amazon is wearing the crown, but Google is determined to...
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February 17 15:00 UTC Released

USLeading Index Chg MM*

Actual

0.6 %

Forecast

0.5 %

Previous

0.5 %

February 17 13:30 UTC Released

CASecurities Foreign C$ MM

Actual

10.23 bln C$

Forecast

Previous

7.24 bln C$

February 19 21:00 UTC 401401m

KRPPI Growth*

Actual

Forecast

Previous

0.8 %

February 19 21:00 UTC 401401m

KRPPI Growth YY*

Actual

Forecast

Previous

1.8 %

February 19 23:50 UTC 571571m

JPExports YY*

Actual

Forecast

4.7 %

Previous

5.4 %

February 19 23:50 UTC 571571m

JPImports YY*

Actual

Forecast

4.7 %

Previous

-2.6 %

February 19 23:50 UTC 571571m

JPTrade Balance Total Yen*

Actual

Forecast

-636.8 bln JPY

Previous

641.4 bln JPY

February 20 07:00 UTC 10011001m

TRProducer Prices YY

Actual

Forecast

Previous

66.90 %

February 20 07:00 UTC 10011001m

TRProducer Prices YY

Actual

Forecast

1.9 %

Previous

1.0 %

February 20 07:00 UTC 10011001m

DEProducer Prices MM

Actual

Forecast

0.3 %

Previous

0.4 %

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