Search Results for: mining
G20 and the financial war
December 6th, 2018
Introduction President Trump initiated the trade war with China. There is a widespread assumption he is pursuing his “art of the deal”, coming into negotiations aggressively to get a satisfactory compromise. Therefore, the script goes, China will be ...
European equities fell in early Wednesday trading
December 5th, 2018
European equities fell in early Wednesday trading after the carnage on Wall Street spooked traders and as banking and mining shares slid. The Stoxx Europe 600 Index dropped 1.2 percent in the opening minutes. HSBC fell 1.4 percent, while ...
Bitcoin price crash sparks fears of ‘Massive’ spike in cybercriminal hacking
November 28th, 2018
Bitcoin (BTC) has experienced a troubled couple of weeks as the world’s leading digital asset hit its lowest value since September 2017 this month, sparking fears it could be more vulnerable to hacking from cybercriminals. BTC nosedived in mid-November, ...
Gold is setting up for a nice first-half rally
November 28th, 2018
Precious metals investors don’t have much to console them these days. Just about the only bright spot is the nice, though ephemeral, pop in the gold/silver price that seems to happen every January. Sometimes it persists for six or so ...
Nowhere is safe: France will hunt for tax cheating on social media
November 12th, 2018
France’s tax inspectors will begin searching through social media accounts in 2019 in order to fight against tax evasion, Budget Minister Gerald Darmanin said in an interview. “(The fiscal administration) will be able to see that if you have ...
Founder of digital “token” trading platform settled charges
November 9th, 2018
The Securities and Exchange Commission (SEC) announced settled charges against Zachary Coburn, the founder of EtherDelta, a digital “token” trading platform. This is the SEC’s first enforcement action based on findings that such a platform operated as an unregistered ...
Bitcoin turns 10 — how it went from an abstract idea to a $100 billion market in a decade
November 1st, 2018
Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. Bitcoin went from an anti-establishment fad on the internet to a ...
LPL Financial fined millions
November 1st, 2018
The Financial Industry Regulatory Authority (FINRA), a not-for-profit organization dedicated to investor protection and market integrity in USA, has issued an announcement to inform that it has fined LPL Financial, LLC $2.75 million for complaint-reporting and AML program failures ...
Gold Is Becoming Cool Again
October 31st, 2018
The sentiment shift is still subtle, but it’s both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive press and increasing accumulation by big investors. India, for ...
UK to introduce ‘Google tax’ in 2020
October 31st, 2018
When it comes to tech, Britain wants to have its cake and eat it, too. The U.K. moved on Monday to extract more tax from the likes of Google and Facebook, even as London pushes aggressively to make itself ...