Latest Market News
The Philadelphia city government is enthusiastic about exploring a partnership with CityCoins to help boost its treasury with cryptocurrency. 487 Total views 7 Total shares Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto for the city of Brotherly […]
Gold futures on Wednesday tallied a third straight session climb, extending their rise past $1,800 to mark their highest settlement in a week. “While gold is likely to exploit the dollar’s weakness to push higher, its near-term outlook remains influenced by the U.S. jobs report on Friday,” said Lukman Otunuga, manager, market analysis at FXTM. […]
Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims. The Fortescue Metals chairman is accusing Facebook of breaching Australia’s money-laundering laws, claiming that it “knowingly profits from this cycle of illegal ads” that it failed to remove. An initial court hearing […]
U.S. oil futures saw a slight gain on Wednesday, enough to eke out another settlement at the highest since October 2014. Prices had spent much of the session trading lower after Organization of the Petroleum Exporting Countries and their allies agreed to a 400,000 barrel-per-day production increase for March. OPEC+ still “believes the global demand […]
Communication FSMA_2020_07 (available in French – Dutch only) draws the attention of IORPs to several new legal obligations under the Law of 28 April 2020 transposing Directive (EU) 2017/828 of the European Parliament and of the Council of 17 May 2017 amending Directive 2007/36/EC as regards the encouragement of long-term shareholder engagement, and containing miscellaneous provisions […]
The Opinion of 20 September 2018 on the burden of proof in insurance contracts has been modified following a recent judgment of the Court of Justice of the European Union. The amended Opinion has been published on the FSMA website (only available in French and Dutch). Source: FSMA