Chinese diamond rush drives global sales
Diamond jewellers have started to shift their focus to China as global demand hits new highs. Global sales are estimated to have reached US$79 billion last year, according to a new report from...
ISIS cyber threat imminent
David De Walt, Chief Executive of FireEye has warned that ISIS, the Islamic State of Iraq and the Levant, may start targeting the Western hemisphere’s computer networks. According to De Walt, ISIS is...
Apple Watch’s time has come
The hugely anticipated wait for the new Apple Watch is almost over, in fact, we can expect to see the watch in Apple stores in early 2015, according to the company’s CEO Tim...
Asian Entrepreneurs looking to move West
The latest report in the Barclays Wealth Insight Series – “The Rise of the Global Citzen?”, which surveyed individuals with more than $1.5 million in total net worth, has found that Asian entrepreneurs...
South African Government re-energises Eskom with funding package
The South African government has announced that it will provide a support package for Eskom, the state-owned power utility, which has announced that it has a projected funding gap of around US$20bn over...
Ferrari chairman Luca Di Montezemolo to quit after 23 years
Luca Di Montezemolo is to step down as long-time chairman of Ferrari with effect from 13th October. His departure follows a poor season in Formula 1 and disagreements with Sergio Marchionne, chief executive...
Choosing a Bitcoin Exchange
By Simon M KateThe financial world has evolved over time, and now involves various complex exchanges. Among these advancements is the emergence of online trading whereby people can perform transactions on the internet...
Currency wars
Ben Southwood is Head of Macro Policy at the Adam Smith InstituteIntroductionIn the popular business and economics press, as well as among interested laymen, there is a notion that countries can compete, or...
Deepening financial reforms in China
On 4th March 2014 a major Chinese solar energy company, Chaori, shocked the financial market. Its announcement that it was unable to pay the interest of 90 million RMB associated with its corporate...
Does Islamic Finance still offer a secure alternative for the banking sector?
With many banking institutions forced to their knees by the global financial crisis of recent years, one sector appeared to come out of it stronger than ever – Islamic finance. Experts claim its unique asset-based...
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