Tag Archives: transactions

Since the start of the Ukraine War, a barrage of western sanctions has crippled the Russian economy and wreaked havoc on its financial system. The country has been largely cut off from the international payment system SWIFT, seen its access to $630 billion in foreign exchange reserves restricted, and watched as more than $17 billion in assets were seized from Russian oligarchs. But for the past eight years, Russia has been preparing for the worst. In June of 2014, just three months after its… Source link

Cryptocurrency electronic cash bitcoin banner advertisement seen in Hong Kong. (SOPA Images/Sipa USA) Bitcoin tumbled on Friday afternoon as the People’s Bank of China said all cryptocurrency-related transactions are illegal. The central bank vowed to crack down on illegal activities of cryptocurrency trading and banned overseas exchanges from providing services to mainland investors. It also said it will stop all companies from facilitating cryptocurrency trading and will strengthen monitoring… Source link

Bloomberg A Sizzling Rally Lures India’s Top Bank to Do More Equity Deals (Bloomberg) — A hot equity market in India is prompting HDFC Bank Ltd. to try to muscle in on the action as companies raise record levels of funding.The government has flooded the market with money in response to one of the world’s worst outbreaks of coronavirus, pushing stocks to dizzying levels and helping companies to boost capital buffers. Despite being India’s most valuable lender, HDFC Bank so far hasn’t… Source link

TipRanks 3 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ Investing is all about profits, and part of generating profits is knowing when to start the game. The old adage says to buy low and sell high, and while it’s tempting just to discount cliches like that, they’ve passed into common currency because they embody a fundamental truth. Buying low is always a good start in building a portfolio. The trick, however, is recognizing the right stocks to buy low. Prices fall for a… Source link

While I typically write articles giving micro-level advice on which players to add via trade or free agency, I have lately been dabbling in process-related pieces. This is another in that series, which includes recent pieces on how I evaluate hitters and pitchers. For this article, I’m going to cover a typical 24 hour-span and how I manage my teams. Most of my teams are in leagues with weekly roster transactions. The exception is the Yahoo Friends & Family league, which has constant waivers… Source link

Square (SQ) reported first-quarter earnings that blew past estimates after market close on Thursday, with the payments company’s results boosted by ongoing growth in Cash App and its cryptocurrency offerings. Shares rose more than 1% in late trading.  Here were the main metrics in Square’s report compared to consensus estimates compiled by Bloomberg: As a financial technology company, Square’s growth ballooned over the course of 2020, with consumers increasingly conducting transactions online… Source link

Google and Walmart have a new challenge ahead of them as they race to expand the reach of their payments apps in India: They won’t be permitted to grow beyond a limit. National Payments Corporation of India (NPCI), the body that operates the widely popular UPI payments infrastructure, said Thursday evening that it will enforce a cap to ensure that no single payments app processes more than 30% of UPI transactions in a month. The payments body said the move is… Source link

GlobeNewswire Town and Country Financial Corporation Reports Record Third Quarter 2020 Financial Results SPRINGFIELD, Ill., Nov. 05, 2020 (GLOBE NEWSWIRE) — Town and Country Financial Corporation (the “Company”) (OTC Pink: TWCF) today announced financial results for the third quarter of 2020. Key highlights included: * Record third quarter 2020 net income of $2.1 million, up slightly from third quarter 2019, and after a quarterly provision for loan losses of $1.5 million. * Record net… Source link