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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.

Grupo BTG Pactual shares and bonds plummet, ratings downgraded after billionaire CEO Andre Esteves detention extended by court

Following the arrest of Banco BTG Pactual's CEO billionaire Andre Esteves, the Supreme Court in Brazil extended his detention indefinitely. Shares and bonds of Banco BTG plummeted while Moody's Investors Service downgraded its baseline credit assessment by two levels.

Dec 04, 2015 02:18 AM EST

China issues high level alert for the heaviest smog of the year

China authorities in Beijing have issued the highest smog warning of the year. The heavy smog had developed on Friday and would continue until Tuesday. The air pollution levels in Beijing reached 18 times the level considered safe by WHO.

Nov 30, 2015 12:31 AM EST

Brazil confirms that zika virus is causing birth defects in the country

The Brazilian health ministry has confirmed a link between a mosquito-borne virus from Africa, Zika Fever, with the spike in the birth defects cases reported in the country. The fever is causing the newborn child to suffer from micro-encephalitis.

Nov 29, 2015 11:56 PM EST

Iran is changing its oil and gas contract to attract $30 billion in new investment

Iran has revealed a new model of oil and gas contracts during a conference in its capital city in an attempt to lure back international oil companies to invest in the country. According to the announcement, Iran will change its buyback system and allow foreign investors to hold more stake in the long run.

Nov 29, 2015 11:29 PM EST

Gazprom to start coal gasification at South Africa mine project

Gazprom Promgaz has decided to give sole distribution rights on coal gasification technology in sub-Saharan Africa to Anglo-African Capital Ltd. Both companies will work on coal gasification technology for developing new methods to explore coal reserves in more effective way. South Africa is suffering from a major problem of fast depleting coal reserves. Coal contributes over 80 percent in electricity generation in the country.

Nov 29, 2015 09:48 PM EST

US rate hike concerns push Rupee to 26-month lower

The Indian currency Rupee fell against the US dollar to 26-month low following increased concerns about interest rate hike by US Fed. FIIs may sell heavily in Indian markets if US interest rate is increased. Rupee fell 5.5 percent against US dollar this year so far.

Nov 30, 2015 03:02 AM EST

Drought, the Reason of Weakening Rand And The Cause of Food Inflation

The drought in South Africa has started to push food prices higher. The effect of it on inflation is a matter of concern for monetary policy committee of RBI as the value of rand is weakening against dollars. SA will face a serious fiscal crisis if rains do not start falling soon.

Nov 30, 2015 10:53 AM EST

Investors Are Betting Massively On The Shining Future Of Recreational Cannabis

The future of legal cannabis industry is full of predictions. Even if the industry might experience a sudden drop in the sale due to new testing rule, the wholesalers will gear up immediately to pass the microbial testing standard. Now, undoubtedly, legal cannabis industry is a lucrative place for investors to put their bets.

Nov 27, 2015 08:10 AM EST