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| Capitec CEO Says Business 'Back to Normal' After Viceroy Target Viceroy has come under criticism from analysts including those at Arqaam Capital Ltd., JPMorgan Chase & Co. and Avior Capital Markets for comparing Capitec to one-time competitor African Bank Investments Ltd., which collapsed in August 2014 after bad debts soared, it failed to increase provisions ...
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| DAX Starts Week Quietly, US Markets Closed for Holiday The recent correction in global stock markets has sent the DAX lower, with the index losing 5.9% in February. However, the index rebounded last week, posting a winning week for the first time since mid-January. Strong corporate earnings in Europe last week boosted European stock markets. The US ...
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| FMC Corporation's Paul Graves to Speak at The BMO Capital Markets 27th Global Metals & Mining ... PHILADELPHIA, Feb. 19, 2018 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today announced that Paul Graves, executive vice president, chief financial officer, will speak at The BMO Capital Markets 27th Global Metals & Mining Conference in Hollywood, Florida, on Tuesday, February 27, 2018 at ...
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| South African budget to set out "tough" measures to repair post-Zuma economy Finance Minister Malusi Gigaba, whose position is uncertain now amid talk of an imminent reshuffle by Ramaphosa, sent shock waves through financial markets last October when he announced the projected revenue shortfall and flagged weak growth estimates and rising government debt. Though it ...
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| Most markets gain in Asia-Pacific Most markets gain in Asia-Pacific. 2/19/2018. Most major Asian-Pacific stock markets advanced Monday as exchanges in China and Hong Kong remained closed for Lunar New Year. Japan's Nikkei 225 climbed 2%; Australia's S&P/ASX 200 was up 0.6%; South Korea's Kospi gained 0.9%; and India's ...
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| Britain's FCA and USA's CFTC Sign Agreement on Fintech Innovation "In view of emerging technology in financial markets and services, the United States Commodity Futures Trading Commission (CFTC) and the United Kingdom Financial Conduct Authority (FCA) have reached this cooperation arrangement in order to enhance mutual understanding, identify market ...
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| The Stubbornly High Cost of Remittances Many banks have retired from the business, for example, of handling remittances, which are a very important source of income for many emerging markets." Guillermo Ortiz, Interview, 19 March 2015. When migrants send money across borders to their families, it promotes economic activity and supports ...
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