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South African Currency Slumped as Finance Minister to Resign Over a Spat With Tax Commisioner
South Africa’s currency has dropped to its four-year low after the news of the country’s finance minister threats of resignation was reported. Finance minister Pravin Gordhan threatens to resign over a spat with Tom Moyane, as the minister demanded the tax commissioner to be dismissed, or he himself would leave.
Zootopia Surpassed Frozen, Set New Record for Disney in Its Debut
A new Disney animation film Zootopia sets its debut in American and Canadian theater this weekend. Its debut exceeded Frozen and sets a new record, booking $73.7 million.
The First Case of Apple's OS X Ransomware Was Reported in BitTorrent Client App
The first case of ransomware malware in Apple’s OS X was reported last week, via an infected BitTorrent client app, Transmission. Both Transmission and Apple has responded to that threat and prevent further infections.
World's need of hour is Islamic Finance amid global uncertainty
Islamic Finance is catching up among non-Islamic markets also. Economists and finance experts say that Islamic Finance is the need of the hour for the global economy in the wake of sluggish markets and looming uncertainty. Islamic finance assets globally are expected to be $1.8 trillion by 2020.