Chinese households possess a huge spending capacity. From 2010 to 2017, the retail sales of consumer goods in China accumulated from 158 bn RMB (22.7 bn USD) to more than 366 bn RMB (52.7 bn USD) – revealing a Compound Annual Growth Rate of 11 percent p.a. over the last eight years. Targeted at investors…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Reg Investment Bank. Reg Investment Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Signature Cards / Gem Finance Cards / Easy Cash Cards. Signature Cards / Gem Finance Cards / Easy Cash Cards is not authorised by the FCA…
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The Canadian Securities Administrators (CSA) has launched an awareness campaign encouraging investors to read the Exchange-Traded Funds (ETF) Facts they receive from their dealers when they invest in an ETF, an investment fund that trades like a stock but may hold a diversified portfolio of investments. Effective December 10, 2018, dealers will be required to…
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The total value of shares that were bought by non-Jordanian investors at the Amman Stock Exchange (ASE) in October 2018 was JD356.6 million, representing 76.9% of the overall trading value, while the value of shares sold by them amounted to JD362.9 million. As a result, the net of non-Jordanian investments in October 2018 showed a…
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Australian regulator ASIC has just informed that a Melbourne-based financial services and credit business has been ordered by the Federal Court to pay penalties of $8,980,000 in total after it engaged in numerous contraventions of financial services, credit and consumer protection laws. Financial Circle offered personal loans to consumers of up to $5,000 that could…
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Singapore Exchange (SGX) has announced that it will sign Memorandums of Understanding (MOUs) with Zhejiang (S) Entrepreneurs Association (ZJEA) and China Futures Association (CFA), in an effort to further strengthen ties with China as part of its multi-asset, international growth strategy. The signing ceremonies will take place tonight at a gala dinner in Beijing to…
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Moscow Exchange (MOEX) has just released its market report for the month of October 2018. Total trading volume across Moscow Exchange’s markets increased by 12.5% to RUB 78.1 trln in October 2018 (up 10% MoM). Trading volumes grew on the Equity Market (+55.7%), Derivatives Market (+28.8%), Money Market (+14.9%) and FX Market (+11.4%). Equity and…
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The Autorité des marchés financiers (AMF) has just warned the public about the activities of the website https://capitalncl.com/, which encourages retail investors to invest in various projects and falsely claims to have a crowdfunding adviser (CIP) license. The website https://capitalncl.com/ proposes investments in various projects and states in its general terms and conditions of sale…
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On October 26, 2018, Jiang Feng, President of the Shanghai Stock Exchange (SSE), and Akira Kiyota, CEO of Japan Exchange Group (JPX), have signed a Memorandum of Understanding (MOU) on Closer Cooperation on behalf of the two exchanges. The two sides agreed to carry out the feasibility study on ETF products cooperation to jointly promote…
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