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Financial Times

The Economist

  • A new code aims to clean up the foreign-exchange market
    FINANCIAL-MARKET traders have earned a pretty shocking reputation in recent years. From manipulating LIBOR, a benchmark interest rate, to rigging the daily fix of foreign-exchange (FX) rates, traders have shown themselves ready not just to stretch th…
    - 3 days ago 25 May 17, 2:49pm -
  • One bitcoin is worth twice as much as an ounce of gold
    Fans of bitcoin, a crypto-currency, have long called it digital gold. Now this sounds like an insult: continuing its stellar rise, and adding more than 30% to its value in just a week, one bitcoin is worth more than $2,600, over twice as much as a…
    - 3 days ago 25 May 17, 2:49pm -
  • How becoming a Hong Kong pensioner can save you tax
    Not dodging but shufflingTHE global war on tax evasion rumbles on. What began as an American onslaught, with the Foreign Account Tax Compliance Act (FATCA) of 2010, has been joined by more than 100 countries through an initiative called the Commo…
    - 3 days ago 25 May 17, 2:49pm -
  • A trade deal between the EU and east Africa is in trouble
    Magufuli advises Museveni on how to tilt at colonialismTHE winds that waft along the Swahili coast change direction with the seasons, a boon to traders in times past. Shifts in the political winds are harder to predict. Last July a proposed trade…
    - 3 days ago 25 May 17, 2:49pm -
  • Machine-learning promises to shake up large swathes of finance
    MACHINE-LEARNING is beginning to shake up finance. A subset of artificial intelligence (AI) that excels at finding patterns and making predictions, it used to be the preserve of technology firms. The financial industry has jumped on the bandwagon.…
    - 3 days ago 25 May 17, 2:49pm -