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Sun, Jul 12, 2020 01:07 PM All times are UTC Edition :

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FxWirePro: Snippets of Bullion Market’s Intricacies, OTC Updates & Options Strategy

Jul 10, 2020 13:04 pm UTC| Research & Analysis Insights & Views

Gold prices continued to trend higher this week (spot prices up 1.86% WoW basis so far, currently trading at $1,808.184/oz) as US real yields drifted lower, with the 10-yr real yield briefly dipping below -70bp late last...

Digital Currency Revolution Series: LabCFTC Launches Fintech-Focused Virtual Event Series

Jul 10, 2020 08:22 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

Recently, the fintech-wing of US CFTC, LabCFTC launches Project Streetlamp to eliminate unregistered entities, including crypto-derivatives. The Commodity Futures Trading Commission today announced that LabCFTC will...

Airlines should rethink their refusal to refund passengers during COVID-19

Jul 09, 2020 11:07 am UTC| Insights & Views

Despite unrelenting pressures from passenger rights advocates, intense media scrutiny and strident demands from passengers, Canadian airlines have remained largely immutable in refusing to issue cash refunds for cancelled...

Companies are increasingly turning to social media to screen potential employees

Jul 09, 2020 11:02 am UTC| Insights & Views

As businesses around the world slowly start to reopen after being forced to shut down operations due to the COVID-19 pandemic, the graduates of the class of 2020 are sharpening their presentation skills and updating their...

Blockchain Revolution Series: India’s Leading IT Giant TCS Launches Quartz Smart Solution For Cryptocurrency Trading

Jul 09, 2020 09:14 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

TCS has recently come up with B⍺NCS the financial solutions under the flagship company of Tata Consultancy Services (TCS), who pioneered the worlds first overseas securities settlement deploying Quartz blockchain. For...

Digital Currency Revolution Series: US CFTC Recognizes Digital Transformation And Hints Holistic Framework On Digital Assets

Jul 09, 2020 06:22 am UTC| Research & Analysis Digital Currency Insights & Views Commentary

The Commodity Futures Trading Commission has recently announced the finalization of the agencys 2020-2024 Strategic Plan. The plan was unanimously approved by the Commission in May and was subject to a 30-day comment...

Cryptocurrency Derivatives Series: Brazil’s SEC CVM Orders Cryptocurrency-Exchange Binance To Stop Futures Trading

Jul 07, 2020 07:06 am UTC| Research & Analysis Digital Currency Insights & Views

Brazils Securities and Exchange Commission (CVM) prohibits Binance crypto derivatives trading eyeing regulatory obstacles. The Comissao de Valores Mobiliários (CVM), the regulatory watchdog of securities in...

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Economy

US imposes 25% duties on French goods in digital tax row

The US imposed 25 percent more duties on $1.3 billion value of French imports in response to Frances digital services tax. However, it is holding off from collecting the additional duties to allow further time to...

Chinese banks brace being cut off US dollar supply

Chinese banks are preparing contingency plans if US legislation causes them to be cut off from US dollars or lose access to US dollar settlements as a penalty for serving officials implementing the new national security...

Owners of multiple homes in S. Korea to be assessed with steeper taxes

South Korea will raise property ownership tax rates on people who own three or more homes from a range of 0.6 to 3.2 percent to a scope of 1.2 to 6 percent to curb housing prices. Companies with multiple homes will be...

Chinese banks asked to prepare for sharp increase in bad loans

Chinas financial regulator warned its banks to brace for a big jump in bad loans due to the pandemics effects, resulting in sharply slowing profit growth or profits decline. According to Chinas Banking and Insurance...

Singapore's Sembcorp Marine, GE bag deal for giant UK wind farm

Singapores Sembcorp Marine and its consortium partner GE Renewable Energys Grid Solutions have been tapped by German utility company RWE to supply the electrical transmission system for the Sofia Offshore Wind Farm. The...

Politics

Joe Biden reveals his plan to revive the US economy

President Donald Trump has often boasted that his administration is responsible for the so-called economic boom, a claim that may have played a part in his election in 2016. Now, as the coronavirus pandemic continues to...

Donald Trump: POTUS' former lawyer Michael Cohen brought back to jail

There have been a handful of aides of Donald Trump that was sent to jail, including his former lawyer Michael Cohen. In the midst of the pandemic, Cohen was ordered to be brought back to jail to continue serving his...

Donald Trump: Supreme Court rules POTUS's taxes to be released to Grand Jury

For a long time, Donald Trump has tried to evade the efforts to show his tax returns and his other financial records. Now it appears impossible for Trump to evade any longer as the Supreme Court ruled that it be released...

Melania Trump: FLOTUS visits the Mary Elizabeth House

First lady, Melania Trumps Be Best initiative, puts the overall well-being of children front and center. Recently, Mrs. Trump visited the Mary Elizabeth House to personally deliver some care packages to the staff and...

Melania Trump: New tell-all book reportedly 'thrashes the First Lady and here's its release date

Melania Trump will surely hug the headlines again once the new tell-all book about her is published. This can be controversial and filled with explosive claims since the author is the First Ladys former confidante who was...

Science

NASA: Agency confirms a storm occurring in Jupiter after it was discovered by an amateur astronomer

NASA, along with other space agencies and space enthusiasts, have detected activity going on in other planets in the Solar System and beyond. Recently, the agency confirmed one amateur astronomers sighting of a storm...

Paleontologists discover pocket-sized ancestor of the dinosaurs

Dinosaurs are more commonly believed to be large living beings, from being similar in size to a child to as massive as a house or even a small building. However, paleontologists recently discovered fossilized remains of...

Dilophosaurus shown in 'Jurassic Park' is more bird-like than lizard, says scientists

The Dilophosaurus was made famous through the Jurassic Park movie and is shown as having a similar appearance to a lizard. However, a new study finds that the actual Dilophosaurus did not resemble a lizard, but looked more...

NASA: Hubble Space Telescope detects a galaxy moving away from Earth

When it comes to galaxies, many often hear about these celestial objects merging with one another. However, the opposite is not heard about as much. Recently, the Hubble Space Telescope was able to witness just that, with...

New study suggests Cerne Abbas Giant actually dates back to the Medieval period

The Cerne Abbas Giant has been met with some debate regarding its history among archaeologists. Now, a new study suggests that the historic figure may not be as ancient as many may believe it to be. Researchers,...

Technology

PlayStation 5 details to check out before the console's release

The PlayStation 5 is Sonys latest offering in the gaming world. With its advanced features and functions that cant be found in any other units, it has been dubbed as the greatest gaming console to be released yet. This...

‘PUBG Mobile’ Royale Pass Season 14 opens a week after update 0.19.0 is released

The highly anticipated patch 0.19.0 for PUBG Mobile has finally arrived, but not all features launching in this update were released on the first day. Some features, including a special training grounds in Livik, are...

‘World of Warcraft: Shadowlands’: Blizzard confirms release window in fall

Video game companies, for much of the first half of 2020, learned to adjust to new workplace setups due to the global COVID-19 pandemic. Even then, Blizzard Entertainment assures fans that World of Warcraft: Shadowlands is...

Poco M2 Pro: $200 smartphone with a quad camera and 33W fast charger

After months of leaks and speculations, the Poco M2 Pro has finally been announced by Poco India. Most of the expected specs and features have now been confirmed for the device, and so is the one caveat that some tech fans...

‘Cyberpunk 2077’: The role of Judy Alvarez and Evelyn Parker in V’s upcoming missions

Night City Wire has done its job of keeping the hype up for Cyberpunk 2077, but a welcome bonus was the unveiling of two non-playable characters named Evelyn Parker and Judy Alvarez. Online discussions prove their brief...