The Fixed Income Market Structure Advisory Committee (FIMSAC) is likely to look into issues, including minimizing complexities of the municipal bond market and pre-trade transparency. As per regulatory filing, the U.S. Securities and Exchange Commission has taken the first step in the formal...

Saudi Arabia is making rapid strides to diversify its economy and wean itself off its oil-dependent export economy. As per Saudi Arabia’s Crown Prince Mohammed bin Salman, private equity firm Blackstone Group and fund manager BlackRock Inc, are set to open office in the kingdom eyeing lucrative...

The president of the European Council has made it clear that the EU will not deal with Spain and will not entertain any breakaway group. On Friday, Donald Tusk, the president of the European Council stated that the declaration of independence by Catalania’s parliament’s is not likely to have any...

The Norwegian Oil Fund took advantage of favorable market conditions and received revenue for the sixth consecutive quarter, the Financial Times reported. The world's largest sovereign investment fund recorded a yield of 3.2% in the third quarter of 2017. The return on the fund's investments in...

According to the data available from a UBS study that was reported and published on Thursday, with one billionaire created every two days in Asia, the total billionaire wealth has soared to $6 trillion in 2016 globally.   In addition to an uptick in growth in the...

While extending the length of time that its stimulus program runs, the level of bonds it purchases every month was cut by the European central Bank (ECB), it decided on Thursday.   Starting in January, from 60 billion euros, its purchases will fall to 30 billion euros ($35 billion). until at...

Oil prices seem to be stuck in the region of $ 50 per barrel, but this does not mean that there are no risks on the market related to supply disruptions. Unexpected interruptions can occur at any time, as has already happened in the past. The geopolitical processes taking place in the world did not...

David Davis is Britain’s Brexit Minister. Here is his timeline for Britain’s final call on its historic decision to leave the European Union. On Thursday, Britain’s Brexit Minister informed the British parliament that it will have to decide whether to accept the government’s deal on the terms for...

With the newly-created bitcoin gold seeing its value plunge over 60 percent, the price of bitcoin took a hit after the cryptocurrency underwent another split.   Before recovering nearly $300, bitcoin hit a low of $5,374.60 on Wednesday. The "hard fork" that occurred Tuesday preceded the...