ASIC Aims to Tighten DDO Rules for CFD Brokers: What You Need to Know Description The Australian Securities and Investment Commission (ASIC) has found “significant room for improvement” in the design and distribution obligations (DDO) around the distribution of over-the-counter (OTC) derivatives and other high-risk retail products. These products include contracts for differences (CFDs) and…
Expanding Global Opportunities for Hong Kong Startups Empowering Entrepreneurs with Airwallex It is truly an exciting time for startups in Hong Kong as Airwallex, a leading global payments and financial platform, has launched a special campaign called “Airwallex for Startups.” This initiative is designed exclusively for Hong Kong entrepreneurs who are looking to take their…
A Tragedy Unfolds: Kyoto Animation Arson Attack Background A Japanese man allegedly angry that his ideas had been stolen admitted Tuesday to starting a fire that killed 36 people in an animation studio in 2019, local media said. The blaze that ripped through the studios of Kyoto Animation in July 2019 shocked Japan as well…
The Latest Economic Update in Germany Prior 52.3 Composite PMI 44.6 vs 44.7 prelim Prior 48.5 Weaker demand conditions continue to weigh on overall business activity as the final estimates reaffirm a sustained downturn in the German economy in Q3. Price pressures in the services sector continue to stay elevated, so that is a bit…
France’s Economic Contraction Deepens in Q3 Prior 47.1Composite PMI 46.0 vs 46.6 prelim Prior 46.6 The downward revisions just paint a worse picture of France’s economic contraction in Q3, with the services sector seeing its sharpest fall in two-and-a-half years. New orders are seen falling for a fourth month straight but at least input cost…
Trump’s Impact on Canada: A Heartfelt and Insightful Look into the Emotional Effects Description: Former President Donald Trump’s bid to retake the White House in 2024 presents a “high-risk moment” for relations between the United States and Canada, warned former U.S. ambassador to Canada Bruce Heyman, according to The Hill Times. Heyman, who was appointed…
Deportation of African Migrants in Israel Sparks Controversy Prime Minister Benjamin Netanyahu has called for the deportation of African migrants in Israel, following severe clashes between police and Eritrean migrants. More than 150 people were injured in Tel Aviv on Saturday, one-third of them police officers, after violence broke out at an Eritrean festival due…
The Mundanity of Screen Switching is Now a Thing of the Past for Pepperstone’s UK Clients TradingView’s Broker of the Year, Pepperstone Launches Spread Betting The mundanity of screen switching is now a thing of the past for Pepperstone’s UK clients because, as from today, Pepperstone traders can directly spread bet Forex, Indices, Commodities, Shares…
