A recent survey on Indian investors done by Credit Suisse has found a trend among Indians of shifting away from the traditional norm of investing in gold and towards financial assets. The number of people in the once fastest growing major economy investing in financial assets is very low.  ...

The Bank of England will stick to its rate of interest rate increase in May, according to a study by Reuters. Last month, the head of the Bank of England Mark Carney and his colleagues surprised the markets, saying that the rate of growth rates could be higher than expected, due to a strong global...

Germany and China have agreed to work on finding solutions to the issue of overcapacity in the global steel market according to the framework of the G20 group of industrialised nations after a discussion over the issue between the leaders of the two countries – Germany’s Angela Merkel and China’s...

The European Central Bank (ECB) officials set to discuss expected interest rates as the biggest part of the board of governors believe that voluminous bond purchases ought to be completed in 2018, reports Reuters. The officials are glad with forecasts for the market, particularly with rate hike...

Following closer regulatory scrutiny on cryptocurrencies and announcement by Google about banning virtual currency ads, there was a sharp fall in the prices of major cryptocurrencies on Thursday.   According to Coinmarketcap.com, which tracks prices based on different exchanges, the market...

As the cloud of uncertainty around the launch of the largest ever IPO ever of Saudi Aramco and the recent crackdown on corruption in Saudi Arabia clears, investors are committing millions of dollars in the kingdom.    According to EPFR Global, a financial market data provider, beginning...

Goldman Sachs Asset Management considers shares of developing countries the best option for investment after the February fall in the value of assets, writes Bloomberg. Unlike previous cases of market correction, when developing countries watched a large outflow of capital, customers invested more...

Experts at Allianz Global Investors are of the opinion that it is just a matter of when the Bitcoin bubble will burst and it is no more a question of if it will burst as many have been trying to project.   The investment wing of the biggest insurer of Europe said that even as significant...

The UK regulator (FCA) granted Coinbase a license to work with electronic money. This allows the company to provide payment services and issue digital alternatives to cash, which can then be used to make card, Internet or phone payments. One of the largest crypto-currency exchanges in terms of...