Retail Forex, CFDs and Spread Betting broker London Capital Group Holdings plc (LON:LCG) has released its results for the first six months of 2017, indicating that the company is indeed well along in its restructuring and turnaround, but still has a long way to go. On the top line, LCG was able to generate healthy revenue…
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Chubb Limited (NYSE: CB) just announced preliminary loss estimates in the third quarter of 2017 attributable to Hurricanes Harvey and Irma, which impacted Texas, Florida, other southeastern states and the Caribbean. Insured losses for Hurricane Harvey are currently estimated at approximately $650 million pre-tax, or $520 million after tax. Losses for Hurricane Irma are currently…
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ASIC has released guidance to help issuers of initial coin offerings (ICOs) consider their legal obligations when offering coins or tokens. ASIC Commissioner John Price said: We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any obligations they may have when raising funds in Australia.…
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Korea JoongAng Daily, a North Korean news publication, announced that North Korean hackers tried, but failed to steal Bitcoin from several domestic exchanges. According to the North Korean magazine, the hackers used "spear-phishing", which basically means that the criminals sent what looked like "innocuous" emails that actually contained malicious software that harmed the host's computer.…
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The 23-year old co-founder of Ethereum, Vitalik Buterin, gave an interview to two of the largest news reporting companies in South Korea, JoongAng Daily and JoongAng Ilbo, expressing his thoughts on the future of Ethereum, ICOs and the cryptocurrency merits, as reported by Cointelegraph. Vitalik spoke about the issues that Ethereum is currently facing with scaling.…
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Singapore is undoubtedly one of the most popular and thriving melting pots today in the world for fintech and finance. The cryptocurrency boom does not make an exception. Today, the price level of Ripple jumped with 11%, as reported by MoneyMorning, when a new Ripple office was opened in Singapore. In addition, news that Japan…
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LeapRate Exclusive... LeapRate has learned from sources in Israel that Adv. Nizar Alemi has been arrested for tax evasion, involving foreign Forex brokerage companies and bank accounts which he declined to report to local tax authorities. Mr. Alemi was the owner of IBCFX, which for a number of years was a popular Retail FX brand…
Read moreLondon Stock Exchange announced that today welcomes Franklin Templeton Investments as the latest ETF issuer on its market. The four smart beta ETFs, listed in London earlier this month, are the first Franklin Templeton has issued in Europe. To celebrate the launch Greg Johnson, CEO of Franklin Templeton Investments opened trading in London this morning…
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Securities Commission Malaysia (SC) recently sued seven individuals at the Kuala Lumpur High Court for the manipulation of shares in APL Industries Bhd (APLI) and is seeking court orders for disgorgement and civil penalty of up to RM7 million and barring the defendants from the capital market. The SC alleged that Ng Wai Hong, a…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced that has plans to introduce cash-settled TSI Iron Ore Fines 62 per cent Fe CFR China Futures (Iron Ore Futures), with rollout tentatively set for November of this year, subject to market readiness. HKEX's Iron Ore Futures contract will be its first ferrous metal product and will…
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