Micro News

Micro News

The Malaysian central bank, BNM, will be issuing a new initiative in order to regulate the use of cryptocurrencies in the country in early 2018. The bank will place reporting institutions under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 from 2018. BNM…


China’s strong economic involvement in unstable countries like Zimbabwe and Myanmar is pushing Beijing towards a more decisive international role. China has consistently renounced US-style interventionism. The foreign policy of the country has always been led by the principle of “non-interference in…


Numerous celebrities are known to have posted offensive comments online in the past; this may happen to you as well. Jack Maynard, Zoella, Stormzy and Josh Rivers have all been found out recently to have made such types of comments in the past. Zoella experienced servere backlash after posting a gif…


A voluntary retirement scheme has been introduced by Hellenic Bank, one of the largest banks in Cyprus, in an attempt to reduce the annual employment cost which has seen an increase of over €6m in the 2-year period of 2014 to 2016. Employees aged 50 and above can apply for the retirement scheme and…


Goldman Sachs CEO, Mr. Lloyd Blankfein stated that he along with other CEO’s in the UK are concerned about the possible consequences of the U.K. leaving the E.U. and questions if a second vote is necessary to make sure consensus remains. London has been the doorway to the EU for years now, many international…


Лидер турецкой части Кипра Мустафа Акынджи прибыл в Лондон, где у него запланирована встреча с общиной эмигрантов и членами британского парламента по вопросам Кипра. В то же время заместитель премьер-министра Турции Ресеп Акдаг заявил, что Турция как гарант республики Кипр никоим образом не отказывает…


"Мы воспринимаем биткоин как финансовую пирамиду", - заявил в среду телеканалу CNBC представитель банка DBS (Сингапур) по вопросам информации, а также руководитель группы технологий и операций Давид Гледхилл. Транзакции по биткоину "невероятно дорогие",  и "некотрые операции скрыты через крипто-механизмы",…


Singapore as a home base of ASEAN fintechs

According to the statistics, two in five ASEAN fintech startup have chosen Singapore as their home base. Singapore is a competitive country in the sector of fintech startups. One of the main reasons for that is the fact that Singapore has a developed and well-organized infrastructure and financial system…


It has now been revealed that Singapore is the top 9th in the world in terms of household wealth per adult. According to research from Credit Suisse, the average wealth rose from USD $115,560 in 2000 to USD $268,800. Singapore recorded median wealth per adult of USD $108,900 and has surpassed Hong Kong…



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