PayPay extends its payment processing services with merchant money lending. The payment giant has decided to try something new, with loans, for small businesses. Selected…
Posts published in September 2013
Sterling Jumps with Retail Sales
The Great Britain pound climbed today as retail sales unexpectedly jumped this month, extending the unending stream of positive macroeconomic data from the United Kingdom. The Confederation of British Industry high-street sales…
Saxo Bank Launches New Exotic Crosses, Specialises in Gold Pairs
, a leading multi- asset financial services’ firm announced that it has enhanced its product offering. The Danish headquartered broker has increased its currency product range…
EUR/USD Gains on German Consumer Climate & US Budget Talks
The euro gained against the US dollar today as the German consumer climate remained positive and as the budget talks in the United States were hurting the greenback. The shared 17-nation currency was flat versus the Japanese…
ICAP Releases Six-Monthly Statement – Revenue Down 1% YoY
British interdealer broker ICAP PLC has today released its trading update slightly prior to the close period for the half-year ending September 30, 2013. The…
CFTC Orders ICAP To Pay $65 Million Penalty For Manipulating Yen LIBOR
The European division of interdealer broker ICAP has been charged by the US Commodity Futures Trading Commission (CFTC), with relation to a series of transgressions.…
South Korean Won Falls on Intervention Concerns
The South Korean won weakened today on concerns that the nation’s central bank will intervene to rein the currency’s rally that may hurt the South Korean economy. Bank of Korea Governor Kim…
NZ Dollar Drops as Trade Deficit Swells
The New Zealand dollar dropped today after the trade balance deficit unexpectedly swelled last month, decreasing chances for an interest rate hike from the central bank. The trade deficit widened to NZ$1.2…
Canadian venue-neutral infrastructure provider TMX Atrium is continuing its European expansion, today announcing the delivery of a series of low latency access options into Moscow,…
M&A Activity Continues! Swissquote Acquires MIG Bank
Swissquote’s stellar performance during the early stages of this year, which saw has now begun to bear fruit, the company announced today that it has…