Last time, we visited UOB Branch in Malaysia. It turned out that the location of its Malaysian licensed office corresponds to the regulatory information. The company is in business under the regulation of LFSA. As an “eye” of global investors, we conduct spot checks on forex brokers and present all the info on the WikiFX app to better serve forex investors, helping them find the reliable forex brokers while keeping them away from illegal ones. Today, we're visiting DBS in Malaysia.
In speaking of investment, broker scams in forex trading seem to be a recurring theme. As with many industries, the fast growing forex industry also has plenty of predators, who look to take advantage of newcomers. The following story is shared by a Korean investor who sought WikiFX’s help after being defrauded by Robinhood. He reported the illegal broker to warn other investors against it.
As of November 26th, 2019, speculative net shorts for the British pound increased by 4,673 to 36,576. Among them, speculative longs decreased by 559 to 38,646, and speculative shorts increased by 4,114 to 75,222.
Entrepreneur Iloisa Romaraog-Diga has been busy sending deliveries of rice to many households in Manila, the Philippine capital.
Japan's ruling coalition lawmakers have called for an extra budget that would include US$92 billion in spending to support slowing growth, party officials said, raising worries about straining public finances.
Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, extending a long retreat from public roles and active management by Page and Sergey Brin at the company they co-founded 21 years ago.
Twelve state-owned Indian banks are petitioning for ex-billionaire Vijay Mallya to be declared bankrupt over 1.15 billion pounds ($1.52 billion) in unpaid debts.
Most large-cap companies offer far more of their stock in IPOs. Apple, Amazon, and Alphabet all have more than 84% of their shares listed publicly.
BTIG's Julian Emanuel offers recommendations around a US stock market he expects to post big gains for yet another year.
Only 40% of respondents in the Financial Times poll said that the stock market had gone up this year. The S&P 500 has soared about 26% in 2019.
The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs.
Celadon declared bankruptcy on Dec. 9, and that collapse is poised to leave thousands of truck drivers jobless and away from home.
Contactless transactions are a major part of Canada's payments landscape – making up 19.5% of the country's 21.1 billion transactions in 2018.
eToro plans to roll out a debit card in Q2 next year – allowing users to spend their eToro earnings via the card and set up recurring payments.
The Russian finance ministry said on Monday it remained confident that the UK Supreme Court would rule in Moscow's favor in a Russia-Ukraine $3 billion Eurobond case, it said in a statement. The debt was borrowed six year
Goldman's top equity strategists have a reality check for investors near the end of a phenomenal year for the stock market.
Lyft CEO Logan Green says the company tried to slow down its aggressive discounts recently, but had to stop since Uber didn't follow.
Observers predict more digital media companies will be sold in 2020 as many small, independent outlets still face a sour business climate.
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