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IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Aug 28, 2024 01:18 AM EDT

News

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

World

Stablecoins Emerge as a Lifeline in Argentina's Economic Crisis

The US House of Representatives is set to vote on overriding President Biden's veto of a measure to remove SEC rule SAB 121, impacting cryptocurrency firms.

World

Super Funds Urged to Future-Proof Amid Contingency Planning Shortfalls

APRA urges superannuation funds to improve financial contingency planning amid significant shortcomings.

Evergrande buys a series of new projects from New World China

Evergrande Real Estate Group Ltd. will buy $3.2 billion worth of projects from the Hong Kong billionaire Cheng Yu-Tung’s family-controlled companies.

Dec 29, 2015 09:12 AM EST

Volkswagen's Audi slows down spending plan 2016

German auto major Volkswagen has trimmed its investment plan for 2016. It has also decided to postpone the new wind tunnel project by one year. Audi division has decided to invest in plant and equipment.

Dec 29, 2015 08:36 AM EST

Women's apparel, furniture sales lead 7.9% rise in US holiday retail sales: MasterCard

The 2015 US holiday season witnessed an encouraging growth of 7.9 percent, says MasterCard. Women's apparel and furniture sales helped the overall sales volume to swell. The growth rate in 2014 holiday season was 5.5 percent.

Dec 29, 2015 09:11 AM EST

Oil price slid below $37; fell over 11% this month

Oil price again fell below $37 per barrel and is trading 11 percent lower in December. The slump in Chinese demand and oversupply situation in the global oil market are keeping pressure on oil prices. The shale production in the US is easing off in the wake of continuous drop in oil price.

Dec 29, 2015 07:34 AM EST

Russia Says Saudi Arabia Destabilized Oil Market

Continuous plunge of oil price has created an unrest in oil production countries. Russia says the act of Saudi Arabia in increasing its production to flood the market is the main cause of oil price turmoil.

Dec 28, 2015 10:15 PM EST

China Telecom boss Chang Xiaobing under scrutiny

China Telecom's Chief Executive Chang Xiaobing is the latest catch in Chinese government's anti-graft drive. Xiaobing is facing probe over his role in a violation of discipline. It's learnt that more than 70 top officials from state-run firms are facing investigation over anti-corruption charges. After cracking down on aviation and automobile companies, Chinese anti-corruption regulator is probing into telecom sector.

Dec 29, 2015 09:16 AM EST

Trading suspension in Shkreli's drug company

Martin Shkreli episode is witnessing a series of developments after his arrest. California University has canceled its coordination plan on the drug trial. The stock trading was also suspended. The stock price rose from below $1 a share to about $40 during the short span of Shkreli's tenure.

Dec 29, 2015 09:24 AM EST

Japan stocks rise on steady US futures

The Japanese stocks gained marginally on stable US equity-index futures in the first session of the last trading week of 2015. Ending its longest run of weekly losses in the past two years, the Topix index also moved up. Samsung Group stocks weighed on South Korea's Kospi index pulling it lower.

Dec 29, 2015 08:23 AM EST

Colombia Claim Spanish Treasure Ship Sunk in 1708

San Jose, the jewel of Spanish crown sunk in 1708 in Colombia coast. After years of claim with American group, Colombia recently announced that it has found the shipwreck last month.

Dec 28, 2015 10:24 PM EST

Iran exports news halts 3-week run of price rise for oil

The trouble-hit Iran has reiterated that it'll take the exports to the pre-sanctions level after the sanctions are lifted. This has curbed the three-week streak of oil price rise. The oil price rose encouraging for the first time since April.

Dec 28, 2015 09:21 PM EST