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The true role of gold
February 19th, 2016
At a time of growing concern about the global financial system, it is time to remind ourselves why physical gold is so important for the benefit of the nearly three quarters of a million BitGold and GoldMoney customers, as ...
Why the Chinese Yuan Will Lose 30% of its Value
February 19th, 2016
The stark truth is nobody wants yuan any more. The U.S. dollar (USD) has gained over 35% against major currencies since 2011. China’s government has pegged its currency, the yuan (renminbi) to the USD for many years. Until mid-2005, ...
CBOE Holdings announced a quarterly cash dividend of $0.23 per share
February 19th, 2016
CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.23 per share and increased its share repurchase authorization by $100 million. The quarterly cash dividend of $0.23 per share of common stock will be ...
Mt. Gox Bankruptcy Claim Update Shows Investigation is Far From Over
February 18th, 2016
Based on the information provided in the report, the investigation regarding the missing Mt. Gox funds is still on-going, and a fair amount of funds have been recovered by the bankruptcy estate so far. Plenty of Bitcoin enthusiasts have ...
European debt sales top €100 billion for the first time since 2008
February 18th, 2016
Sales of loan portfolios by deleveraging banks in Europe reached a record €104 billion last year, with the UK accounting for more than one-third of the total, according to new research from KPMG. Britain accounted for 37 percent of ...
China’s top bank raided in Spain over money laundering
February 18th, 2016
Five employees of China’s biggest bank have been arrested in Spain on suspicion of laundering money across Europe. Police made the arrests Wednesday after raiding the offices of the Industrial and Commercial Bank of China in Madrid. One of ...
Singapore Exchange added a new Trading Member in SGX’s derivatives market
February 18th, 2016
Singapore Exchange (SGX) today welcomed Hong Kong-based Wing Fung Futures Limited (Wing Fung Futures) to its derivatives market. Michael Syn, Head of Derivatives at SGX said, “We are delighted to welcome Wing Fung Futures to our growing community of ...
21 New Numbers That Show That The Global Economy Is Absolutely Imploding
February 17th, 2016
After a series of stunning declines through the month of January and the first half of February, global financial markets seem to have found a patch of relative stability at least for the moment. But that does not mean ...
China Provides Tax Breaks For High-Tech Services
February 17th, 2016
The State Council executive meeting on February 14 agreed to introduce pilot measures to encourage further development in China’s services sector, including tax breaks for advanced technology service companies. China will extend a concessionary 15 percent rate of corporate ...
Plus500 reports Preliminary Unaudited Results for 2015
February 17th, 2016
Preliminary Unaudited Results for the year ended 31 December 2015 Plus500, a leading international online trading platform provider for retail customers to trade CFDs, announces its preliminary unaudited results for the year ended 31 December 2015. Financial Highlights: Strong revenue growth due to ...
