Category: Analysis & Reports

myfisensemyfisenseSeptember 8, 2021

TOKYO (Reuters) – Bitcoin licked its wounds on Wednesday, a day after its heaviest losses in 2-1/2 months as El Salvador’s historic adoption of the crypto asset as legal tender caused chaos online and on the street. The coin last traded at $46,560, having endured wild trade the day before in which it hit a […]

myfisensemyfisenseSeptember 6, 2021

SHANGHAI (Reuters) – Bonds issued by heavily indebted developer China Evergrande Group plunged on Monday on growing investor worries over the company’s ability to pay its debts, prompting China’s stock exchanges to halt trading. The Shanghai Stock Exchange said in a statement that it had temporarily suspended trading in China Evergrande Group’s 6.98% July 2022 […]

myfisensemyfisenseAugust 31, 2021

(Bloomberg) — European stocks edged higher on Tuesday, heading for their longest monthly winning streak since 2013, as investors embraced a brightening outlook for risk assets on the policy and pandemic fronts. The Stoxx 600 Index was up 0.2% at 9:10 a.m. London time, with gains led by technology and industrials. The FTSE 100 Index […]

myfisensemyfisenseAugust 30, 2021

BEIJING/SHANGHAI (Reuters) -China’s currency regulator has been conducting a rare survey of banks and companies to ask about their risk management processes and ability to handle volatility in the yuan, three banking and policy sources told Reuters. The State Administration of Foreign Exchange (SAFE) surveyed “how companies in different sectors managed their FX exposure and […]

myfisensemyfisenseAugust 24, 2021

London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100 million Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners  the VC arm of the eponymous real estate giant  along with Mubadala Investment Company and RXR Digital Ventures, as well as existing investors A/O PropTech and Target Global.  […]

myfisensemyfisenseAugust 23, 2021

Global regulators continue to fine companies at high rates for failure to prevent money laundering, especially in the UK and EU, as guard dogs are putting pressure on the financial industry to strengthen their defenses against crime. Governance and risk consultancy Kroll has imposed an AML fine of approximately $ 1 billion ($ 994 million) […]

myfisensemyfisenseAugust 23, 2021

If no action is taken then the average global temperatures could rise by 3 degree Celsius or more by the end of the century India could lose as much as $35 trillion in economic potential or gain as much as $11 trillion in economic value depending on the trajectory it sets on now. A report […]

myfisensemyfisenseAugust 18, 2021

Stocks traded sideways on Wednesday, with investors contemplating a batch of weaker-than-expected economic data and mixed retail earnings results. The S&P 500 hugged the flat line. The index dropped 0.7% during the regular trading day on Tuesday to end a five-session winning streak and post its biggest decline in a month. Cyclical and reopening stocks […]

myfisensemyfisenseAugust 18, 2021

Our total commitment to India, which is our largest client country globally, at the end of June stood at $1.7 billion representing an increase of over 51 per cent from last year, IFC vice-president for Asia and the Pacific region Alfonso Garcia Mora said The pandemic has led to the International Finance Corporation massively ramping […]

myfisensemyfisenseJuly 12, 2021

Stock futures trade mixed as Wall Street prepares for what is expected to be a robust earnings season; Virgin Galactic’s Richard Branson soars to the edge of space in test flight; Elon Musk will testify in a lawsuit about Tesla’s purchase in 2016 of SolarCity. 1. — Stock Futures Mixed Ahead of Earnings Season Stock […]

FI Sense