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S&P 500 CROSSES 3,300 ON UPBEAT MORGAN STANLEY EARNINGS, RETAIL DATA

Morgan Stanley | January 16, 2020

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The S&P 500 crossed the 3,300 mark for the first time and other stock indexes hit record highs on Thursday, as encouraging retail sales data and upbeat Morgan Stanley earnings fueled a rally following the signing of an initial U.S.-China trade deal. The Wall Street bank (MS.N) jumped 7.6% to the top of the S&P 500 after it beat quarterly profit estimates and raised its performance goals, closing out big U.S. lenders’ earnings on a strong note. The sentiment was further lifted by da...

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PAYMENTS

MERRCO PAYMENTS LAUNCHES ADVANCED PAYHQ PLATFORM TO ENABLE SEAMLESS PAYMENT SOLUTIONS

Merrco Payments | January 14, 2022

news image

Merrco Payments Inc. (“Merrco”) launched the PayHQ platform with enhanced functionality for seamless and secure payments for businesses worldwide. As companies today have a robust approach towards implementing technology patterns into the payment processes for merchants from the U.S. and Canada, Mercco has integrated updated functions in the PayHQ platform so that businesses can process integrated payments legally at the same time. With the help of PayHQ, technology pr...

Read More

FINTECH

ASPIRE FUND MANAGEMENT ANNOUNCES CONVERSION OF SEED INVESTMENT INTO EQUITY IN FINTAINIUM, A FAST-GROWING B2B FINTECH COMPANY

Fintainium | August 17, 2021

news image

Fintainium Inc. announced today the conversion from venture debt to equity by Aspire Fund Management, a Trinidad & Tobago-based Private Equity and Financial Advisory company that bridges the gap between Investors and next-generation innovative, transformative businesses. As part of the agreement, Aspire Fund Management and its partnerships will integrate Fintainium's robust suite of solutions, which will include AP and AR workflow automation, real-time cross-border payments, and on-platf...

Read More

GLOBAL FDI DIPS, HIT BY HONG KONG DIVESTMENT, BREXIT: U.N.

Reuters | January 20, 2020

news image

Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise marginally in 2020 on the back of modest growth as trade tensions between China and the United States ease, but geopolitical uncertainties and protectionist pressures are tempering expectations, it said. In 2019, global FDI flows were estimated at $1.39 trillion, down...

Read More
news image

S&P 500 CROSSES 3,300 ON UPBEAT MORGAN STANLEY EARNINGS, RETAIL DATA

Morgan Stanley | January 16, 2020

The S&P 500 crossed the 3,300 mark for the first time and other stock indexes hit record highs on Thursday, as encouraging retail sales data and upbeat Morgan Stanley earnings fueled a rally following the signing of an initial U.S.-China trade deal. The Wall Street bank (MS.N) jumped 7.6% to the top of the S&P 500 after it beat quarterly profit estimates and raised its performance goals, closing out big U.S. lenders’ earnings on a strong note. The sentiment was further lifted by da...

Read More
news image

PAYMENTS

MERRCO PAYMENTS LAUNCHES ADVANCED PAYHQ PLATFORM TO ENABLE SEAMLESS PAYMENT SOLUTIONS

Merrco Payments | January 14, 2022

Merrco Payments Inc. (“Merrco”) launched the PayHQ platform with enhanced functionality for seamless and secure payments for businesses worldwide. As companies today have a robust approach towards implementing technology patterns into the payment processes for merchants from the U.S. and Canada, Mercco has integrated updated functions in the PayHQ platform so that businesses can process integrated payments legally at the same time. With the help of PayHQ, technology pr...

Read More
news image

FINTECH

ASPIRE FUND MANAGEMENT ANNOUNCES CONVERSION OF SEED INVESTMENT INTO EQUITY IN FINTAINIUM, A FAST-GROWING B2B FINTECH COMPANY

Fintainium | August 17, 2021

Fintainium Inc. announced today the conversion from venture debt to equity by Aspire Fund Management, a Trinidad & Tobago-based Private Equity and Financial Advisory company that bridges the gap between Investors and next-generation innovative, transformative businesses. As part of the agreement, Aspire Fund Management and its partnerships will integrate Fintainium's robust suite of solutions, which will include AP and AR workflow automation, real-time cross-border payments, and on-platf...

Read More
news image

GLOBAL FDI DIPS, HIT BY HONG KONG DIVESTMENT, BREXIT: U.N.

Reuters | January 20, 2020

Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise marginally in 2020 on the back of modest growth as trade tensions between China and the United States ease, but geopolitical uncertainties and protectionist pressures are tempering expectations, it said. In 2019, global FDI flows were estimated at $1.39 trillion, down...

Read More