DFSA launches Innovation Testing Licence for fintech companies

May 25, 2017 09:47 am UTC| Fintech

The Dubai Financial Services Authority (DFSA) announced the launch of Innovation Testing Licence (ITL) that will permit fintech startups to apply for a class of financial services licence. ITL is a restricted financial...

Blockchain Revolution Series

Bank of Papua New Guinea explores blockchain potential for improving financial inclusion

May 25, 2017 06:23 am UTC| Digital Currency Fintech

The Australian government has allocated $200,000 to support the Bank of Papua New Guineas efforts to explore the potential of blockchain technology to help improve PNGs low rate of financial inclusion, ABC reported. The...

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...

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UK gilts slump after wage growth remains upbeat in August; investors await September retail sales

The UK gilts slumped Wednesday after the countrys wage growth remained upbeat during the month of August, adding to riskier sentiments among the investors. Further, investors now wait to watch the countrys retail sales for...

FxWirePro: UK unemployment report preview

The UK continues to suffer political trouble since the last election, where Prime Minister Theresa Mays Conservative Party fell short of an outright majority in the Parliament and is being forced to govern a minority...

EUR/PLN likely to witness further downside over near-term, says Commerzbank

The EUR/PLN currency pair is expected to witness further downside risks over the near-term, driven by concerns about accelerating inflation and possible rate hikes next year, according to the latest report from...

New Zealand bonds jump at close after dairy prices decline for second straight month

The New Zealand bonds jumped at the time of closing Wednesday after Global dairy prices slumped for the second time in a row at an auction held early on Wednesday, suggesting an earlier rally was running out of steam....

FxWirePro: The Day Ahead- 18th October 2017

Not many economic data and events scheduled for today but some with high volatility risks associated. Upcoming: Eurozone: ECB President Mario Draghi is set to deliver a speech at 8:10 GMT. August construction...


As China prepares for its Communist Party congress, what will it mean for the rest of the world?

Of Chinese President Xi Jinpings many achievements in his time in office about which much will be made in the official propaganda one of the most surprising was the more confident and assertive approach to foreign policy...

Las Vegas: the US is racked with impossible divisions over rights and freedoms

In the immediate aftermath of the October 2 Las Vegas massacre the USs 273rd mass shooting in 2017 alone it seems neither President Donald Trump nor his Republican colleagues will entertain a review of current gun...

Trump speaks at the UN: 5 takeaways

It is a short distance from Trump Tower on Fifth Avenue to the United Nations headquarters on First Avenue, but these are different worlds. Donald Trumps native world is one of unilateralism and competition, with more than...

Angela Merkel wins a fourth term in office – but it won't be an easy one

Angela Merkel will continue as chancellor of Germany. But following an election that saw the rise of smaller parties most notably the far right her fourth term will probably be an eventful one in ways she would not wish...

US under Trump Series: President Trump signs new travel ban with additional countries as old one expires

President Trump has signed a new executive order travel ban that was first initiated on the very first week after his inauguration and created quite a furore not only within the United States but around the world too. The...


New Treatment For Blindness Gets FDA Panel Recommendation, First Of Its Kind

Providing hope to thousands of people suffering from hereditary blindness, advisers for the US Food and Drug Administration just gave a critical recommendation to a new type of treatment. Using gene therapy, the treatment...

VP Mike Pence Heads NASA’s Revived Moon Council, SpaceX To Do The Heavy Lifting

After months of hinting that a Lunar mission is in the works, US vice-president Mike Pence announced via The Wall Street Journal op-ed that NASA would be sending humans to the moon. The article was published just before...

Scientists Makes Hydrogen Fuel Production Cheaper With Seawater And New Nanomaterial

Solar and wind energy might be the renewable resources that are growing in popularity, but hydrogen fuel has proven to be incredibly reliable and powerful as well. Now, a University of Central Florida (UCF) scientist has...

Ikea Now Has Indoor Vertical Farm, Huge Potential For Solar Partnership

With the worlds climate constantly becoming hotter by the year, industries such as farming are going to experience massive problems such as drought and daylight heat thats too much for plants to handle. Thats why products...

Genome editing of human embryos broadens ethics discussions

For several years, scientists have experimented on human embryos with a powerful genome editing tool called CRISPR to see if they could correct genetic errors or reduce the risk of disease. In September, Kathy Niakan at...


EA Axes Yet Another Studio, Shuts Down Dead Space Developer

Entertainment Arts (EA) has earned a reputation for buying video game studios and ruining them, and it seems it has done it again. This time, the victim is Visceral Games, the studio behind the Dead Space series. EA just...

Google AI Creates Better AI Than What Humans Can Develop

Just to prove that practically no one is safe from being replaced by robots, Google recently revealed that its AutoML project has created another artificial intelligence thats even better than what humans can make. The...

CD Projekt Red Addresses Ex-Employee Complaints Alleging Mistreatment Of Workers

The Polish video game company CD Projekt Red is known for running the digital distribution platform and producing the massively popular The Witcher franchise. However, rumors of poor working conditions and...

Google Photos Can Now Recognize Pets, Much Better For Sorting

Tech companies have been able to recognize humans faces for years but now, Google just revealed that it can now recognize pets. Through Google Photos, pictures of pets can automatically be tagged as either dog or cat and...

Netflix Revenue Could Exceed $11B, To Spend $8B On Original Content In 2018

The movie streaming mega giant Netflix is on track to exceed expectations with regards to its revenue by racking up $11 billion. This is largely being attributed to the growth of faster internet access and the spread of...
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October 18 14:30 UTC Released

BRForeign Exchange Flows*


1.261 Bln USD



0.980 Bln USD

October 18 13:00 UTC Released

RUReal Wages YY


2.6 %


3.9 %


3.7 %

October 18 23:50 UTC 333333m

JPForeign Bond Investment




89.2 Bln JPY

October 18 23:50 UTC 333333m

JPForeign Invest JP Stock




1235.3 Bln JPY

October 18 23:50 UTC 333333m

JPExports YY*



14.9 %


18.1 %

October 18 23:50 UTC 333333m

JPImports YY*



15.0 %


15.2 %

October 18 23:50 UTC 333333m

JPTrade Balance Total Yen*



559.8 Bln JPY


113.6 Bln JPY

October 19 00:00 UTC 343343m

KRBank of Korea Base Rate*




1.25 %

October 19 00:00 UTC 343343m

ID7-Day Reverse Repo*



4.25 %


4.25 %

October 19 00:00 UTC 343343m

IDDeposit Facility Rate*



3.50 %


3.5 %


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