Markets

Computers have taken over the majority of trading on Wall Street and are threatening the very nature of the trading profession. Laura French asks whether traditional traders are fighting a losing battle

Robots are killing off Wall Street’s traders

Computers have taken over the majority of trading on Wall Street and are threatening the very nature of the trading profession. Laura French asks whether traditional traders are fighting a losing battle

Throughout most of the 20th century, robot traders would have been a mere figment of the (sci-fi film-influenced) imagination. But now they’re used by over 80 percent of trade markets, including the majority of investment banks and other big institution...

Apple Pay to propel mobile money into the mainstream

Apple’s new mobile payment system is yet another attempt by the tech industry to digitise payments. Jules Gray asks whether the firm has finally cracked it?

For a number of years now, many people within the technology and finance industries have been predicting the demise of a world where cash was king. Carrying around bundles of crumpled notes and dirty coins has not yet been made obsolete by the numerous pl...

Ceylinco Life on Sri Lanka’s burgeoning insurance industry

World Finance speaks to Rajkumar Renganathan, CEO of Ceylinco Life, about Sri Lanka’s flourishing insurance sector and how his company has successfully adapted to the country’s specific challenges

The insurance sector is burgeoning in Sri Lanka, especially life insurance, which became its largest segment in 2010. World Finance speaks to Rajkumar Renganathan, CEO of Ceylinco Life, about how his company has embraced the country’s specific challenge...

Rockefeller fund joins action on climate change

The Rockefeller Brothers Fund has opted to divest in fossil fuels and reinvest in renewables in the lead up to the UN climate summit

Pacific Gas and Electric hit by $1.4bn penalty following 2010 explosion

In the wake of Deepwater Horizon, regulators are getting tough, doling out major penalties to the world’s biggest energy firms as serious breaches in safety come to light

Brazil struggles in its quest to become energy powerhouse

Brazil was poised to join the world’s oil-rich nations, but now its beleaguered energy sector has fallen on hard times

Pimco’s flagship Total Return Fund has been hit by hefty redemptions following the abrupt departure of co-founder and fund manager Bill Gross

Record redemptions hit Pimco following Gross departure

Pimco’s flagship Total Return Fund has been hit by hefty redemptions following the abrupt departure of co-founder and fund manager Bill Gross

European corporates continue to falter

Stability has returned to the global economy, although the sovereign debt crisis has left a marked impact on the credit quality of European Corporates

Glencore sells Peruvian copper mine for $6bn

Glencore Xstrata’s Las Bambas project in Peru is set to go to a Chinese consortium and fetch almost $6bn in cash for the Anglo-Swiss multinational

Ecuador’s government is poised to introduce a state-backed digital currency to reverse its decline, though some claim the name is misleading

Can Ecuador’s digital currency save its economy?

Ecuador’s government is poised to introduce a state-backed digital currency to reverse its decline, though some claim the name is misleading

IronFX explores impact of risk aversion on currency markets

The recent turmoil in emerging markets, starting from the US Federal Reserve’s decision to taper off its bond purchases and culminating in Russia’s position on Ukraine, has brought to the fore the issue of risk aversion

HotForex: on a mission to become the most reliable forex broker | Video

World Finance interviews George Koumandaris, CEO of HotForex, to find out what the company is doing to achieve its mission of becoming the most reliable broker in the industry

QIB sprearheads innovation in Islamic banking products

Qatar Islamic Bank – the first Islamic bank in Qatar – is constantly focused on developing new and innovative Islamic banking products and services

Acting CEO to drive innovation and growth at Qatar First Bank

The newly appointed Acting CEO of Qatar First Bank, Ahmad Meshari, is one of the most influential names in Islamic finance, and looks set to lead the firm on to unprecedented success

Bank Nizwa prospers as Oman embraces Islamic banking

As the first Islamic finance institution in the country, Bank Nizwa is leading the way in opening up the promising Omani market for customers and investors alike

Computers have taken over the majority of trading on Wall Street and are threatening the very nature of the trading profession. Laura French asks whether traditional traders are fighting a losing battle

Robots are killing off Wall Street’s traders

Computers have taken over the majority of trading on Wall Street and are threatening the very nature of the trading profession. Laura French asks whether traditional traders are fighting a losing battle

Apple Pay to propel mobile money into the mainstream

Apple’s new mobile payment system is yet another attempt by the tech industry to digitise payments. Jules Gray asks whether the firm has finally cracked it?

Shear: Amazon takeover will not transform Twitch

Despite Amazon’s multi-million acquisition of Twitch, the gaming site will not become a pit stop for online shoppers, says CEO Emmett Shear