Markets

The Bank for International settlements has said that pension funds, alongside other non-banking financial institutions, have over $80 trillion in hidden debt in FX swaps. The BIS further said that this year's adverse market events had been navigated without causing...

CMC Invest has launched a new account known as Plus Plan. This account will allow investors to create flexible shares and stocks Individual Savings Accounts (ISAs). CMC Invest will allow investors to access a currency wallet supporting US dollars. CMC...

Amazon and Apple are planning to resume advertising on Twitter. The two companies had halted their plans to advertise on Twitter after Elon Musk's Twitter takeover, but the social media company has since offered incentives to bring back advertisers. Apple...

Chinese assets are showing signs of recovery as the government eases some COVID restrictions after one of the greatest mass protests in years. Large foreign investors are slowly returning to China after its equity markets recorded one of the worst-performing...

New Travelex Group has released its financial results for the third quarter of 2022. The financials showed that the company’s revenues had increased by 160% year-over-year to £129.6 million. Travelex’s Q3 2022 revenues rise by 160% Travelex’s financial results for...

Vantage, one of the leading financial companies offering forex and contract for differences (CFDs) trading, is launching social trading on its mobile application. The Vantage mobile app now supports social trading and regular trading activities. Vantage rolls out social trading...

The chief executive officer at Nasdaq Inc, Adena Friedman, has said that she expects initial public offerings during the first half of 2023 to remain low. Investors will continue being cautious during the first six months of the year before...

The economic uncertainty that has plagued financial markets for the better part of this year has affected the companies filing for initial public offerings (IPOs). Proceeds from IPOs have dropped by 93% this year alone, according to the President of...

The Chief Medical Officer at Moderna, Paul Burton, has said that the COVID-19 vaccine maker has developed a better way of recruiting people from diverse populations for its clinical trials. These trials are being conducted as part of studies into...

Virtu Financial, an electronic market maker from the US, recently filed a lawsuit against the Securities and Exchange Commission (SEC), claiming that it failed to provide information about its rulemaking process. The lawsuit is based on the Freedom of Information...

Shares across Asia rebounded earlier today due to investors’ hopes that China will not increase its COVID-19 restrictions and will instead reopen the economy. Whether or not this will actually happen is debatable, considering that the country has seen a...

The clientele base for forex brokers in Belarus increased by 30% during the first nine months of 2022. This comes amid a 93.9% rise in the share of non-resident clients. The total number of clients hit 239,400 as of October...

US cryptocurrency exchange, Kraken, made a mistake of not implementing an automated IP blocking tool in time. As a result, the exchange had a number of users from Iran. And, since there are sanctions imposed on Iran, the platform got...

China erupted with protests against harsh COVID-19 restrictions over the last several days, and it appears that the authorities are ready to discuss an alternative approach. At least, this is what is being speculated following the announcement by the Chinese...

The European Central Bank has warned that it could make losses amid high interest rates. The rising inflation levels have forced the ECB to hike interest rates as it bears the costs of the aggressive money printing moves in the...