Brokers News 

Japan Raises Alarm about 8MAX, FXSuit and Titan FX

“In another official regulatory warning from earlier today, the German financial regulator also warned the public about an unregulated broker” writes Victor Golovtchenko for financemagnates.com. The German regulator is advising the entity to immediately halt contacting German citizens and unlawfully offering them proprietary trading services.Elaboprating on the matter, the German regulator stressed out: “Currently, a large number of potentially dubious trading platforms are entering the market.The latest batch of warnings about unregulated and unregistered brokers comes from Japan and the Kanto Local Finance Bureau. Source: financemagnates.com

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Brokers News 

Porsche says it is dealing with tax investigation issues

“A company spokesman said Porsche had “already responded to possibly anticipated tax payments via safety surcharges and lump sum payments.”” writes Midwest Communications Inc for 95kqds.com. It had handed over all documentation regarding possible tax liabilities for the employees in early retirement, it said.Porsche had further responded to queries over its tax liabilities by launching internal tax compliance measures and processes, aided by external consultants, the statement added.FRANKFURT (Reuters) – Volkswagen’s Porsche unit on Sunday said it was cooperating with state prosecutors to clear up investigations into alleged tax debts…

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Brokers News 

For airline passengers, dealing with food and animal allergies is a delicate dance

“About 15 million Americans have food allergies, according to the Centers for Disease Control and Prevention” writes P K for sun-sentinel.com. Kachru notes asthmatics and those with food allergies should always carry rescue medications — an inhaler and epinephrine auto-injector.Add food allergies, and it becomes a transportation jungle. Source: sun-sentinel.com

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Brokers News 

US-Sino trade war has made dealing with China ‘more difficult,’ Middle East real estate CEO says

“From an import and an export standpoint, China is a very important trade partner (to the Middle East)” writes unknown author for cnbc.com. A long-running trade war between the world’s two-largest economies is taking its toll on business sentiment in the Middle East, according to the chief executive of real estate and property services firm Majid Al Futtaim. “One thing is for sure, dealing with China is becoming more difficult,” Bejjani added.A trade dispute between the U.S. and China has battered financial markets in recent months, with market participants increasingly…

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Brokers Crypto News 

City watchdog targets Bitcoin dealing

“The City watchdog is currently investigating 18 companies in connection with cryptocurrency transactions amid escalating concern over the threat posed by Bitcoin and other digital assets to the integrity of financial markets” writes Wil Crisp for telegraph.co.uk. In figures released to the Telegraph under freedom of information laws, the Financial Conduct Authority (FCA) said that as of Nov 12 it had opened inquiries into 67 firms involved in cryptocurrency businesses. Source: telegraph.co.uk

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Brokers News 

Michael Cohen lied about dealing with Russia, but Trump didn’t

“There’s a simmering media narrative that this would prove Trump has also lied about his dealings, given his repeated claim throughout the campaign and into his presidency that he has “no deals” with Russia” reports washingtonexaminer.com. It said that Cohen lied over and over again about the extent of his attempts during 2016 to negotiate a deal with Moscow that would bring a Trump property to Russia and that only when confronted by the FBI did he admit he was lying. Source: washingtonexaminer.com

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Brokers Markets News 

Will Automation be the Death of Forex Dealing Desks?

“So what does this mean for professionals about to start their career in the forex industry?” writes Celeste Skinner for financemagnates.com. So whilst automation is definitely having an impact on the forex industry, there’s no need to expect a change overnight.It may even be the death of some departments and professions within the forex industry.The same, of course, can be said of the foreign exchange (forex) industry – particularly in regards to automation, artificial technology, blockchain and more.So how is this relevant to the forex industry?.  Source: financemagnates.com

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Brokers News 

Clear vision of dealing with situation is a must, head of General Division of Drug Traders at CCC stated

“Unfortunately, the government does not a clear vision with specific procedures to enhance the pharmaceutical industry in Egypt, and therefore the pharmaceutical export sector is suffering” writes Daily News Egypt for dailynewsegypt.com. “In general, the pharmaceutical industry in Egypt is experiencing the most difficult time since the implementation of the floating of the Egyptian pound two years ago,” Ali Auf, head of General Division of Drug Traders at the Cairo Chamber of Commerce (CCC) stated to Daily News Egypt. This reflects the government’s poor communication and dealing of the sector’s…

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Brokers News 

Wolves dealing Butler to 76ers for Saric, Covington

“A person with knowledge of the situation says Butler is being traded to the 76ers in a package that will send Dario Saric and Robert Covington to the Timberwolves” reports foxsports.com. The trade will give Philadelphia a star trio, with Butler joining Joel Embiid and Ben Simmons.Butler told the Timberwolves in September he wanted to be traded, and it took weeks for the team to find a deal it would accept. Source: foxsports.com

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