Latest News
Our news section is a meticulously compiled repository of the latest events, updates, and emerging trends spanning the dynamic industries of Liquidity, Forex, Cryptocurrency, and FinTech and serves as an informative platform for those seeking to keep up-to-date with the rapidly evolving landscapes of these sectors. This curated collection acts as a hub, capturing the pulse of these industries and ensuring our readers are always at the forefront of the latest developments.
Binance CEO Says It’s Time For Regulators to Establish Rules For Cryptocurrency Markets
Critics have compared the bitcoin market to the Wild West, and now a significant participant is calling for sheriffs to come to town. Binance, the world's largest cryptocurrency exchange, believes that it is past time for global authorities to set crypto market laws.
Crypto
Asia-Pacific Stocks Fall As Shares of Japan’s Automakers Slip
By Wednesday's close, Asian markets had fallen across the board, with data indicating Japan's export growth had fallen to an eight-month low. Markets in the United States, on the other hand, were buoyed by better-than-expected retail sales figures.
Banks and Finance
Amazon to Stop Accepting Visa Credit Cards
Beginning next year, Amazon will no longer accept payments made using Visa credit cards issued in the United Kingdom. Due to the exorbitant costs Visa charges for processing credit card transactions, the e-commerce behemoth has informed certain customers that starting Jan. 19, it would no longer accept Visa credit cards issued in the United Kingdom.
Companies
IBM CEO Says Inflation Fears Could Trigger ‘Some Chaos’
Arvind Krishna, the CEO of IBM, told CNBC that he is "always concerned" about inflation and warned of potential disruption ahead. "With all of the liquidity and worries of inflation rising, it can produce some chaos," Krishna told CNBC on Monday when asked what keeps him awake at night.
Banks and Finance
Musk Taunts Sanders, Suggests He’ll Sell More Tesla Stock
Elon Musk, the world's richest man, hurled a barrage of insults at Senator Bernie Sanders on Twitter after the senator reiterated his call for billionaires to pay more taxes. Musk even mentioned the possibility of selling additional Tesla Inc. stock, which would entail paying capital gains taxes.
Stocks
The U.S. Solar Boom Is Only Just Beginning
Solar power in the United States has a bright future as demand rises from 2020, with solar firms reporting positive revenue growth as high energy prices encourage customers to seek out alternative energy sources. Following COP26, the United States appears to be on track for a solar boom over the next decade.
Stocks
Metals Will Be The Oil Of The Future
The energy transition is in full swing, with electric vehicles supplanting gas guzzlers, and solar panels and wind turbines replacing coal and oil as the world’s leading energy sources. Scientists have cautioned that limiting temperature rises to 1.5 degrees Celsius will necessitate a 45 percent reduction in global emissions by 2030 and a total reduction of zero by mid-century.
Stocks
European Stock Markets Mixed as UK Job Ads Hit Record
On Friday, European markets were mixed as UK job advertisements hit a new high as the labor crisis persists in the run-up to Christmas.
The FTSE 100 (FTSE) in London dipped 0.3 percent after opening, falling from its 20-month high the previous session, while the CAC (FCHI) in Paris advanced 0.2 percent and the Frankfurt DAX (GDAXI) was flat.
Stocks
B2Broker Announces PBS As Latest Fintech Player To Enter Russian Stock Market
PBS, a member firm of the B2Broker group, has secured a license from the Bank of Russia, according to B2Broker. The license, which allows PBS to undertake brokerage and dealer activities, was awarded in October 2021 after the business applied for one earlier this year with the Russian government.
Stocks
China Evergrande Averts Default Again but Debt Woes Mount
For the third time in less than a month, the world's most indebted property developer, China Evergrande Group, avoided a disruptive default at the last minute, according to a source on Thursday who said many bondholders had received missed coupon payments.
Banks and Finance
Fintech Funding in Southeast Asia Triples to Record $3.5 bln This Year
Fintech financing in Southeast Asia increased by more than three times in the first nine months of this year compared to the same period in 2020, hitting a record $3.5 billion, according to a research released on Wednesday.
Companies