Financial Archives · Page 3 of 100

Bitcoin Cryptocurrency is Growing in Popularity with International Banking Institutions

Published by Pete Nisbet on September 18, 2017

Bitcoin cryptocurrency and other cryptocurrencies are growing in popularity. The Bank for International Settlements (BIS) has stated that the world’s banks cannot just sit back and watch it happen! Cryptocurrencies such as Bitcoin and Ethereum, ZCash and Dash are a definite risk to the stability o [...]

Ant Financial – MoneyGram Purchase Resubmitted by Chinese Company

Published by Pete Nisbet on September 17, 2017

The Ant Financial - MoneyGram deal is still not completed. Ant Financial, the Chinese payments company, has twice previously submitted an application to purchase MoneyGram International for $1.2 billion. This was not approved, and now the company is resubmitting this application for US review. [...]

UK Interest Rate May be Set to Increase This Year

Published by Pete Nisbet on September 14, 2017

The UK interest rate seems set to increase by December. The UK pound climbed 1% against the dollar after the Bank of England announced a possible increase in the interest rate. The pound rose to $1.3314 after an announcement by the Bank of England Monetary Policy Committee (MPC). It stated that inte [...]

Markets and Currencies Are Stronger as Impending Threats Weaken

Published by Pete Nisbet on September 11, 2017

Markets and currencies are stronger after the effects of two major impending threats weakened. North Korea did not conduct another missile test at the weekend. It was expected to do so on the anniversary of the founding of the country. Hurricane Irma weakened in force as it moved up the coast of Flo [...]

Pension Withdrawals and Annuities Market – Is Selling a Pension Smart?

Published by Pete Nisbet on September 10, 2017

Pension withdrawals are becoming more common. From 2015, people aged 55 and over have been able to take 25% of their pension investment as a tax-free lump sum. They can take the rest in cash at the standard income tax rate rather than purchase an annuity. In effect, they are selling a pension th [...]

Trinity Mirror and Northern and Shell in Talks Over Daily Express and Daily Star

Published by Pete Nisbet on September 9, 2017

Trinity Mirror and Northern and Shell are in talks regarding the purchase of the Daily Express and Daily Star. Northern & Shell and Trinity Mirror, the owner of the UK’s daily newspaper, the “Daily Mirror,” are involved in talks regarding the purchase of the popular tabloids. Trinity Mirro [...]

US Equities and Dow Jones Fall After North Korea Hydrogen Bomb Test

Published by Pete Nisbet on September 5, 2017

US equities and Down Jones fell after the North Korean hydrogen bomb test. Down Jones dropped particularly after the Labor Day break. The Labor Day holiday meant that the US stock market opened Tuesday, rather than Monday. The North Korea nuclear test made many investors nervous and the Dow Jones In [...]

UK Economic Growth Due to Exports and Manufacturing Growth

Published by Pete Nisbet on September 3, 2017

There has been an increase in UK economic growth recently. The UK economy has been slow in the first half of this year. However, over the past month, the economy seems to have picked up with more work available at home and overseas. This growth was unexpected as UK politicians appeared to lacking di [...]

US Ethylene Shortage to Hit US Chemical Industry

Published by Pete Nisbet on September 2, 2017

A US ethylene shortage is about to hit the US chemical industry. Everybody is talking about the oil shortage expected as a result of Hurricane Harvey. Even now, petrol prices in the UK expected to rise by up to 5 pence a liter due to the closure of Texas oil refineries. The same is goin [...]

Economic Impact of Hurricane Harvey: Crude Prices Drop While Gas Prices Rise

Published by Pete Nisbet on August 29, 2017

The economic impact of Hurricane Harvey will affect the entire USA. Hurricane Harvey is sure to have a massive economic impact on Texas and on Houston in particular. However, the financial implications will also extend into the USA as a whole. Damage is practically certain to be above t [...]

Bitcoin Cryptocurrency is Growing in Popularity with International Banking Institutions

Ant Financial – MoneyGram Purchase Resubmitted by Chinese Company

UK Interest Rate May be Set to Increase This Year

Markets and Currencies Are Stronger as Impending Threats Weaken

Pension Withdrawals and Annuities Market – Is Selling a Pension Smart?

Trinity Mirror and Northern and Shell in Talks Over Daily Express and Daily Star

US Equities and Dow Jones Fall After North Korea Hydrogen Bomb Test

UK Economic Growth Due to Exports and Manufacturing Growth

US Ethylene Shortage to Hit US Chemical Industry

Economic Impact of Hurricane Harvey: Crude Prices Drop While Gas Prices Rise

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