Micro News

Among other functions that we have seen in blockchain technology development; UBS is now leading its application on data reporting in order to comply with the new EU rules aimed at improving financial market transparency.  To ensure data accuracy the group formed by UBS, Barclays, Credit Suisse, KBC,…


Google and the Singapore investment company Temasek Holdings published a study according to which, the Internet economy of Southeast Asia achieved unprecedented growth and exceeded SGD $50 billion (USD $67.55 billion). All areas of the Internet economy showed steady growth in 2017. According to the…


As in all cities, Singapore has moments that cause discontent (weather, government, social backwardness to name but a few); nevertheless Singapore is considered to be the second most secure city in the world according to the Safe City Index. For the last three consecutive years, Singapore remains among…


The biggest trade deal that the European Union has ever entered into is to be concluded, whereby trade barriers between the two parties will be significantly reduced. Not only will this create business opportunities to benefit both Parties’ economies but it is also important, as was stated, in “sending…


Goldman Sachs has announced that it will add bitcoin future contracts to its derivatives trading for some clients going forward. The investment bank will act in an agency capacity and won’t  build inventory in the derivatives. The decision to clear client trades will be made on a case-by-case basis,…


Few people have managed to crack the codes needed to extract bitcoins from the 21 million locked inside the mathematical problems set up by its creator, Satoshi Nakamoto. Those who have utilized enough computer power and code-cracking know-how can now consider themselves rich that the value of one singular…


China: risky levels of debt says IMF

There are recent concerns that China risk being the cause of a fresh global financial crisis. The fears have been highlighted by the International Monetary Fund (IMF) in a compelling warning about the growing debt-dependency of the worlds 2nd largest economy. Credit was found to be high by international…


The leader of Germany’s Social Democratic party (SDP), Martin Schulz, has set out his demands for talks to initiate another coalition government with Angela Merkel. Schulz called for a creation of the “United States of Europe” by 2025 in a speech at the SPD’s party conference in Berlin. He also went…


The first visit by a Turkish president to Greece in 65 years quickly turned sour with as Recep Tayyip Erdoğan crossed many red lines. Not long after he landed in Greece, Recep Tayyip Erdoğan began sparring with the Greek President, Prokopis Pavlopoulos. He claims that Athens would have never entered…



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