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Archive by category Economy & Finance

IFAC Perspective on Way Forward After Considering Objective Analysis of Monitoring Group Consultation Responses

NEW YORK, May 3 (Korea Bizwire) — IFAC (International Federation of Accountants) commissioned Gibson Dunn, a leading global law firm, to perform an independent qualitative and quantitative analysis of the public responses to the Consultation Paper published by the Monitoring Group: Strengthening the Governance and Oversight of the International Audit-related Standard-setting Boards in the Public [...]

Exchanges Announced to Publicly Trade DasCoin from Today

LONDON, May 2 (Korea Bizwire) - DasCoin, the Currency of Trust and the store of value within Das ecosystem, will begin publicly trading on several cryptocurrency exchanges from today. The launch, taking place in central London, represents the culmination of a two-year journey of preparation and strategic activity to develop its business platform. Confirming its [...]

Mash Group Plc Reports Interim Unaudited Financials, Q1 2018 Ended 31st March 2018

May 2 (Korea Bizwire) – Mash continued to grow rapidly in all markets during the first quarter, with new daily, weekly and monthly records in January, February and March. Financial Highlights Lending volumes in Q1/18 were 31% higher than in Q4/17, and 142% higher than Q1/17. Revenues increased by 23% from the previous quarter and [...]

DealCloud and PitchBook Form Data Partnership, and Announce Integration with DealCloud DataCortex

NEW YORK, Apr. 30 (Korea Bizwire) — DealCloud, a technology leader for CRM and deal management in the private capital markets, and PitchBook, the premier data provider for the private and public equity markets, announce today a strategic partnership to integrate PitchBook data within the DealCloud DataCortex. With the launch of this partnership, DealCloud clients [...]

SmartCash Highlights 2018 Initiatives to Accelerate Global Adoption, Recaps Key Achievements

NEW YORK, Apr. 26 (Korea Bizwire) — via NetworkWire — SmartCash, a community governance, cooperation and growth focused crypto-asset created via blockchain technology, today provides an overview of its recent achievements and ambitions for the year ahead. Self-funded, Merchant-Centric, Community-Driven and Easy to Use Recent accomplishments have positioned SmartCash to become the ideal choice for [...]

DasCoin Set to Trade on Public Exchanges

LONDON, Apr. 25 (Korea Bizwire) – DasCoin, the Currency of Trust and the store of value within DasEcosystem, has completed a well structured two-year journey of preparation and strategic activity to develop its business platform. The company is delighted to announce it is now ready to launch onto public exchanges in conjunction with a landmark [...]

Madison Realty Capital Provides $35 Million Mezzanine Loan for 611 West 56th Street Condominium Development in Hell’s Kitchen

NEW YORK, Apr. 25 (Korea Bizwire) — Madison Realty Capital (MRC) provided a $35 million mezzanine loan to co-developers Sumaida + Khurana and LENY for a new condominium tower located at 611 West 56th Street in the Hell’s Kitchen neighborhood of Manhattan. The funding is part of a $155 million construction financing package for the [...]

Nasdaq Reports First Quarter 2018 Results; Delivers Strong Growth in Revenues and Income

NEW YORK, Apr. 25 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the first quarter of 2018. First quarter 2018 net revenues were $666 million, up $85 million, or 15%, from $581 million in the prior year period. The first quarter increase in net revenues included $55 million, or 9%, impact from [...]

Gemini to Launch Market Surveillance Technology in Collaboration with Nasdaq

NEW YORK and STOCKHOLM, Sweden, Apr. 25 (Korea Bizwire) — Gemini Trust Company, LLC (Gemini) and Nasdaq Inc. (Nasdaq:NDAQ) announced today that Gemini will be leveraging Nasdaq’s SMARTS Market Surveillance technology to monitor its marketplace. The technology, which is considered the most widely deployed surveillance system in the world, will enable Gemini to monitor across [...]

Chinese Visitors Can Now Use Alipay in the Dubai Mall

HANGZHOU, China and DUBAI, United Arab Emirates, Apr. 25 (Korea Bizwire) — Alipay, the world’s largest online and mobile payment platform operated by Ant Financial Services Group, and The Dubai Mall, the world’s largest and most-visited retail and entertainment destination, located in the heart of the prestigious Downtown Dubai, today jointly announced that Chinese mainland [...]