The Securities Commission Malaysia has issued a warning regarding a clone firm that has been operating in the country. This clone firm has been falsely claiming affiliation with a legitimate company in an attempt to deceive investors. The name of the entity is Stern.
CFI, an online trading provider, successfully acquired a Category 1 Financial Service Provider (FSP) license from the Financial Sector Conduct Authority, marking its expansion into the South African market.
Sanman Singh, a man who was caught for allegedly swindling Rs 68 lakh through a fake stock trading app, posing as a reputable US investment firm.
ED raids on Vinod Khute uncover ₹5 crore in assets linked to Ponzi schemes and illegal forex trading.
The Japan's Financial Service Agency, (FSA) warns Investors against Cold-calling".
Japan's Financial Services Agency (FSA) issued a warning about rising fraudulent investment schemes through cold calls. Investors are advised to verify firms.
Japanese Yen (USD/JPY) Analysis: The yen ventures into critical territory as the BoJ meeting approaches. USD/JPY surpasses a significant threshold.
In the past week, there has been a 276.1% increase in FX transactions at the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, totaling $1.7 billion.
The US stock index futures had a solid start to the week, suggesting that the market's perception of risk has changed. The preliminary April Consumer Confidence numbers will be released by the European Commission on Monday, along with a speech by the president of the European Central Bank (ECB). No significant data releases on the US economic docket are scheduled.
Many businesses have either had financial difficulties in the last year or have completely stopped operating. Among other things, shortages and several forex-related losses have been the main reasons of these occurrences. Many manufacturing company’s losses up to trillions of Naira as a result of the currency's depreciation.
According to Central Bank Governor Olayemi Cardoso, the bank's strategy for achieving foreign exchange stability has shifted from "firefighting" to strategic planning.
Crude oil prices are displaying cautious upward movement as market dynamics balance concerns over demand with potential supply disruptions according to the report. The focus now shifts to upcoming US inflation figures, which are poised to impact various markets.
The Australian Securities and Investments Commission (ASIC) has flagged a concerning trend in financial fraud, cautioning investors about a sophisticated scam targeting bonds and term deposits.
Interactive Brokers expands its product suite with Daily Options on the CAC 40 index, providing investors with more tools for short-term trading strategies.
In a cautionary tale that reverberates through the digital trading landscape, Moideen, found himself ensnared in the web of deception spun by Spring FX Signals.
In a distressing account reminiscent of online trading nightmares, Govindaraj.M, a 43-year-old resident of India, fell victim to the dubious practices of the Capitalix brokerage platform.
An Indian law enforcement agency, the Enforcement Directorate (ED), seized 90 crores ($10.5 million) from the online scam app E-Nuggets with the help of cryptocurrency exchanges Binance, ZebPay, and WazirX.
The Financial Conduct Authority (FCA) has issued a warning regarding two unauthorised firms operating in the financial sector.
Coinbase achieves a first-quarter profit of $1.2 billion following the launch of bitcoin ETFs and increased trading volumes.
After rising more than 4% the week before, gold maintained its positive momentum and reached a new all-time high above $2,350 at the weekly beginning. The European economic schedule will include Sentix Investor Confidence data for April, and on Monday there won't be any high-impact data releases in the US agenda.