Amazon Removes Venmo as Payment Method, Causing PayPal Shares to Drop

Amazon has informed its users that it will stop accepting Venmo as a payment method starting January 10.

Trading on Terror? Israel Investigates Claims Some Traders Knew Hamas' Attack Plan and Profited off It

Authorities in Israel are currently investigating unusual trading activities that occurred just days before the October 7 Hamas attack...

Nurp: Unleashing Financial Growth Through a Unique Lifestyle Philosophy

A trailblazer in the domain of financial growth and independence, Nurp has evolved into a philosophy shaping a distinctive way of life. Conceived by Jeff Sekinger, Nurp embodies the ethos of breaking ..

Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS

Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS)...

Latest News

Chinese industrial overcapacity posing a major threat to global economy
Industrial overcapacity in China may have adverse impact on the domestic market and global economy. A number of new units came up owing to easily available loans and government subsidies in the world'
Cesar Purisima bags sixth ‘Finance Minister of the Year’ award
Finance Secretary Cesar V. Purisima has done the Philippines proud once again by bagging the 'Finance Minister of the Year' award this year as well. This would be Purisima's second award in a row fro
John Tsang To Deliver Hong Kong Annual Budget
Hong Kong Financial Secretary John Tsang to deliver annual fiscal budget. Hong Kong is predicted to announce surplus while still holding on to conventional approach.
Van Dieman’s Land Co. Sold to Chinese Moon Lake Investment for A$280 Million
Van Diemen's Land Company has been acquired by the Chinese business man Lu Xianfeng and his company Moon Lake. The country's approval of the dairy farm's sale to a foreign firm was made possible with
Will Venture Capital Slowdown Hit Asia in 2016?
Asia has been a growing market for startup companies and venture capital deal. However, as U.S. venture capital faces a slowdown and overblown valuation, will Asia also experience the same?
Latin America Economic Growth Has Left Some People Behind
Latin America experienced a phenomenal growth in the last decade. However, according to World Bank, the economic growth has not reached some people.Meanwhile the region's economy is slowing down in t
India's Ajay Piramal sees value in VC investing
Indian businessman Ajay Piramal has entered into venture capital (VC) space by establishing a new VC funding entity 'Montane Ventures.' The new VC fund focuses on early-stage funding requirements. Pir
American International Group, Inc. Reported Larger Than Expected Net Loss of $1.8 Billion in Q4 2015
American International Group, Inc. reported a bigger quarterly loss than expected. The company was hurt by weak underwriting and investment return. The big loss in Q4 made its full year income dropped
Bank of Japan's Koji Ishida Warned Negative Interest Rate Do Very Little to Boost Investment
Koji Ishida, Bank of Japan's policy board members said the negative interest rate will do very little to boost investment. Continuing tumult in the market may hurt Japanese economy.
Citigroup CEO Michael Corbat Received 27% Increase of Salary in 2015
Citigroup raises salary of its CEO to $16.5 million in 2015. The bank has managed to be more efficient in operation under Corbat's leadership and passing mandatory stress test.
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