South Korea FX steps to boost global status, business for firms
© Reuters. FILE PHOTO: A South Korea won note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration By Choonsik Yoo and Yena Park SEOUL (Reuters) – South Korea’s plans to loosen restrictions in its currency market will raise the won’s global status and, as a result, boost business opportunities for local financial […]
Asia FX slips, dollar firms as hot payrolls spur rate hike fears By Investing.com
© Reuters. By Ambar Warrick Investing.com — Asian currencies sank on Monday, while the dollar rose as stronger-than-expected U.S. payrolls data brewed concerns that the Federal Reserve will be able to keep raising interest rates for longer, while worsening Sino-U.S. ties also weighed. The dollar rose to a near one-month high against a basket of […]
eToro Introduces AI-Powered Porfolio that Targets High-Growth US Firms
eToro, an Israel-based social trading network, has introduced a new smart porfilio that uses artificial intelligence (AI) to provide retail investors’ exposure to the stocks of 12 high-growth United States companies. The portfolio is tagged “InvestorAI-US.” In a statement released on Tuesday, eToro disclosed that it launched the portfolio in partnership with Bridgeweave, a UK-based […]
Crude Oil Price Firms as Markets Appraise Fed Hiking Against China Re-opening
Crude Oil, WTI, Brent, FOMC, Fed, BoE, ECB. OPEC+ China, Contango – Talking Points Crude oil prices found some support today as China returns from holidays Offsetting Chinese optimism, the Fed, BoE and ECB are set to hike this week OPEC+ will be meeting on Wednesday and contango remains in play for WTI Recommended by […]
FCA Investigates 3 Money Transfer Firms
The United Kingdom’s Financial Conduct Authority (FCA Financial Conduct Authority (FCA) The Financial Conduct Authority (FCA) is the largest financial regulator for all financial markets in the United Kingdom (UK).The UK regulator is responsible for the conduct of firms authorized under the Financial Services and Markets Act 2000. Moreover, the FCA is also responsible for […]
Two Primary Accounting Methods That Firms Use to Manage Their Finances
Stress is a natural byproduct of starting a business. Also, handling your accounts and accounting alone will make things more difficult. We’ve created this guide to help you better understand your accounting to simplify the process for you. We’ll outline the critical distinctions between cash and accrual accounting below, along with advice on deciding which […]
Firms to Launch Benchmarks for Metaverse-Linked Tokens on Jan. 30
Derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announced on Thursday. The benchmarks, which will be calculated and published daily by CF Benchmarks, will provide “accurate and resilient pricing data” for tokens linked to the Axie […]