Brokers with cloned license account for quite a large proportion of illegal forex brokers. Recently, WikiFX got an investor’s complaint against such a broker E-Trans, who unscrupulously copied the high-rating broker Etrans from logo to company’s name, in order to defraud investors. Here’s how Mr. Zhu became a victim of the illegal broker.
Central banks around the world are stepping up their quantitative easing efforts to stimulate an economic recovery. On September 12th, European Central Bank (ECB) announced after decision meeting to further cut the deposit reserve rate from -0.4% to -0.5%, while restarting the quantitative easing scheme from November with a plan to purchase €20 billion-worth of bonds each month. On September 19th, US Federal Reserve will also release its decision on interest rate, which is expected to be down by 25 basis points in September.
Singapore has a well-established financial regulation system as one of the pioneering countries in this aspect. The main regulatory body, Monetary Authority of Singapore (MAS), was established in 1971 and enjoys great independence and authority which allow it to effectively oversee the financial industry in Singapore. In recent years, the institution has further improved its reputation by implementing efficient and safe regulation infrastructure and improving market transparency.
Ireland said on Friday that the European Union and the United Kingdom were not yet close to a Brexit deal that resolved the Irish border issue but the mood music had improved.
President Donald Trump spent two days in California this week, and derailed some of the state's major priorities.
Iran's foreign minister on Friday questioned the United States' plans for a coalition for "peaceful resolution" in the Middle East while listing repeated Iranian diplomatic initiatives. "Coalition for Peaceful Resolution？,
Students, teachers, activists and people from all walks of life came together for the first rounds of protests in the southern hemisphere kick-off.
When Delia Hernandez, 44, bade farewell on Aug. 1 to Idalia Herrera, 27, and nearly two-year-old Iker Cordova, she dreamed her daughter and grandson were fleeing the arid fields of southern Hond
The politics of the US and UK may be starkly divided but their grip on the vast, $6.6 trillion global foreign exchange trade seems as tight as ever.
US and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to settle their ongoing trade war. Here's what's at stake.
Mexico and Uruguay said on Thursday that negotiations were the only acceptable way to achieve a peaceful solution to the deepening political and humanitarian crisis in Venezuela, as they welcomed the release from ja
NZDUSD approaches the 2019-low (0.6269) ahead of the RBNZ meeting, but there appears to be a divergence between price and the RSI as the oscillator holds above 30.
A court handed down a two-year prison sentence for bribery to former Salvadoran President Elias Antonio Saca, the attorney general's office said on Thursday. Saca, 54, who is already serving a 10-year prison sentenc
Sweden does not charge tuition fees for both public and private colleges, while Norway spends 1.3% of its annual GDP paying for college tuition.
GPI Capital led the round, which valued the startup at $2.4 billion. Postmates confidentially filed to go public in February.
Endeavor Group filed to go public earlier this week in an effort to raise as much as $619 million at a $7.6 billion valuation.
The Nasdaq composite rose during US trading on Thursday while the Dow Jones industrial average fell and the S&P 500 index remained unchanged.
The Organization for Economic Cooperation and Development downgraded their global growth forecast as they predict a deeper global slowdown driven by weak manufacturing, protectionist trade policies...
According to GoBankingRates' data, many cities in California, Florida, and Arizona are becoming too expensive for retirees.
Tunisia's largest political party, moderate Islamist Ennahda, will back former law professor Kais Saied in a presidential election run-off, it said on Thursday, potentially boosting his chances against his detained rival, Nabil K
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