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Swiss Competition Regulator Fines Banks $91 Million Over Foreign Exchange Rigging

Swiss Competition Regulator Fines Banks $91 Million Over Foreign Exchange Rigging

Last month, one of the biggest foreign exchange rigging scandals spilled over into popular consciousness when it emerged that traders at some of the world’s biggest banks swapped noted in chat rooms and then fixed…

Trading
Exxon Mobil Shares Decline as CEO Announces Increased Spending

Exxon Mobil Shares Decline as CEO Announces Increased Spending

The oil industry, by and large, is looking to cut costs this year, but American oil giant Exxon Mobil is all set to go the other way in 2019. The Chief Executive Officer of Exxon…

Trading
Trade talks with China are Going Fine, says US President Trump

Trade talks with China are Going Fine, says US President Trump

On Wednesday, the US President Donald Trump said that the trade talks with China are going pretty well and predicts that there could be a productive deal or no deal to take place between the…

Trading
Chinese Merchants Finding Success In United States

Chinese Merchants Finding Success In United States

In 2012, when Kevin Chiu left his job to start an online clothing business in a small Chinese city, his main aim was to find more time to spend with his newborn child and his…

Trading
A 200 Points Rise for Dow, as Trade Hopes Build Between US and China, Intel Soars too

A 200 Points Rise for Dow, as Trade Hopes Build Between US and China, Intel Soars too

Stocks ascended on Friday as another round of talks between the U.S. and China wrapped up with financial specialists increasingly cheerful that an arrangement will be struck. The Dow Jones Industrial Average increased by 200…

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In the midst of high-level trade talks, China says – the U.S should respect its right to development to become successful

In the midst of high-level trade talks, China says – the U.S should respect its right to development to become successful

Chinese key government official spoke to the visiting delegates of the U.S and said that the U.S should show due respect to its right to development and should become prosperous by doing so. This will…

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TRADE CONFLICTS: WORLD ECONOMY IN PERIL

TRADE CONFLICTS: WORLD ECONOMY IN PERIL

Existing trade conflicts between the top nations of the world has pushed the global economy onto a road downhill. The progression or the further deterioration of the same in the year 2019 will now depend…

Trading
Egyptian billionaire Naguib Sawiris Says He would not Invest in Saudi Arabia

Egyptian billionaire Naguib Sawiris Says He would not Invest in Saudi Arabia

As per Egyptian billionaire Naguib Sawiris, he will not invest in Saudi Arabia as he feels there is no rule of law in the country and has some concerns about human rights there. When asked…

Trading
China’s January Trade Data Surpasses Expectation

China’s January Trade Data Surpasses Expectation

As per Chinese national reports, exports and imports of January have exceeded the expectations. The better than expected news comes as Beijing’s trade dispute with the U.S. and other factors led investors to worry that…

Trading
NEO’s Rapid Growth and Advancements

NEO’s Rapid Growth and Advancements

Neo, a cryptocurrency with the blockchain technology is designed to build a network of decentralized applications – a smart economy, by incorporating digital assets, digital identities, and smart contracts. The primary asset for NEO blockchain…