Search Results for: dollar
Bitcoin best performer of 2016, outlook bullish for next year
December 27th, 2016
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 Bitcoin has emerged as the most remunerative asset in 2016. Analysts are bullish on the asset class which has surpassed almost all others. Even gold, which was ...
Yen Breaks Winning Streak While Oil Extends Rally: Markets Wrap
December 27th, 2016
Stocks in China and Japan fluctuate after economic data Crude advances for seventh day, longest stretch in four months The yen halted a four-day advance, while oil continued its longest winning streak in four months as some major financial ...
Outlook for 2017
December 26th, 2016
We exit 2016 on a tide of investor optimism. At long last, there will be a businessman in charge of the US economy in the form of a new president, and the stimulation he will provide is of tax ...
Barclays Bank sued for mortgage securities fraud
December 24th, 2016
The United States Department of Justice today filed a civil complaint in the Eastern District of New York against Barclays Bank PLC and several of its United States affiliates (together, Barclays), alleging that Barclays engaged in a fraudulent scheme ...
The dawn of financial technology in Islamic finance
December 23rd, 2016
Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 ...
Deutsche Bank Reaches $7.2 Billion Settlement Over Toxic Securities
December 23rd, 2016
The Obama administration scrambled to resolve its remaining crisis-era megabank mortgage cases, striking a $7.2 billion settlement Thursday with Deutsche Bank AG over toxic securities while separately filing a lawsuit against Barclays PLC alleging more than $30 billion in ...
Asian shares fell on the last trading day before Christmas
December 23rd, 2016
Hong Kong, Chinese stocks among worst performers on tightening Crude oil drops as most government bond yields head higher Asian shares fell on the last trading day before Christmas as Chinese equities extended their losses amid concerns over rising ...
Lawsuit Accuses Google of Unlawfully Censoring its Workforce
December 22nd, 2016
An anonymous Google product manager is alleging in a lawsuit that the internet giant unlawfully censors current and former employees by imposing sweeping confidentiality policies that deter whistleblowing. The lawsuit was filed this week by a California labor law ...
Oil prices fall as US inventories, Libya output weigh
December 22nd, 2016
Oil prices slipped in tepid Asian trading today, dragged down by an unexpected rise in US crude inventories last week and moves by Libya to boost output over the next few months. But the fall was curbed by a ...
Bitcoin passes the $800 mark
December 22nd, 2016
The digital currency bitcoin has passed the $800 value for the first time since February 2014. Bitcoin crossed the threshold around 11:40pm GMT and is currently trading around $815. Charles Hayter, chief executive and founder of digital currency comparison ...
