New moves in regulation of debit card payments

by Viral Shah.

The Reserve Bank of India has stepped in to regulate the pricing for debit card transactions. The rationale behind this regulatory change seems to be that lower transaction processing fees paid by merchants will lead to an increase in the adoption of retail electronic payments overall. Issuing banks will have to . . . → Read More: New moves in regulation of debit card payments

Cambodia—Prospective, Stable and Ignored: Ken Booth

Ken Booth has been involved in the mining industry for 30 years and sees the past two decades of quiet, stable growth that Cambodia has enjoyed out of the world’s economic spotlight as an opportunity for investors. The once ignored country has highly prospective geology, an emerging exploration services industry and a mining-friendly legal . . . → Read More: Cambodia—Prospective, Stable and Ignored: Ken Booth

Random Shots – Above Expectations

The market action of last week repeated a lesson that many a punter appeared to have forgotten. Never run a bearish book into a European summit and especially not one where expectations for a result are as lows as they were going into Friday’s meeting. Risk assets went up like a rocket with . . . → Read More: Random Shots – Above Expectations

Economic Events on July 6, 2012

The Monster Employment Index for June was released today, and the index moved up 6 points from last month to a value of 153, and is 5% higher than last June’s value.

At 8:30 AM EDT, the Employment Situation report for June will be announced, and the consensus for non-farm payrolls is an increase . . . → Read More: Economic Events on July 6, 2012