The UK’s Brexit path is likely to play out in one of four scenarios, according to the Financial Times: hostile divorce, clean break, amicable transition or not at all. Financial Times (tiered subscription model) (20 […]
The first major strikes of what is expected to be a wave of industrial actions are being launched in South Korea as the economy struggles. Unions are demanding substantial wage increases while resisting restructuring plans […]
The International Monetary Fund cut its global economic growth projections by one-tenth of a percentage point to 3.1% this year and 3.4% next year to reflect the likely consequences of the UK’s surprise decision to […]
Google has provided financial backing for European co-working spaces aimed at helping startup founders get their companies off the ground. The US tech giant is also funding other initiatives in Europe, seeking to soften its […]
Nasdaq and Keefe, Bruyette & Woods have introduced the KBW Nasdaq Financial Technology Index to bring investors “precise index representation” of 49 fintech firms. “The KFTX provides a relevant benchmark within the fintech space, which […]
The failed coup in Turkey on Friday did not disrupt financial markets around the world and the lira was one of the strongest performers among rebounding emerging-market currencies and equities. The Turkish government over the […]
The British government must move swiftly to clarify the effect of the UK’s withdrawal from the EU on the ability of British fintech firms to gain access to the EU’s Digital Single Market and employ […]
The performance of venture capital and private equity funds topped the returns from public equity in 2015, according to a report from Cambridge Associates. Average returns last year were 12.9% for venture capital and 5.9% […]
The Istanbul 100 Index slid 5.1% this morning, while the Turkish lira rebounded 3% to 2.9274 vs. the greenback, following Friday’s failed coup attempt that left 290 people dead and over 6,000 arrested. NATO allies […]
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