Search Results for: Ripple
Asian shares plunge to two-year lows as China stocks continue to fall
August 19th, 2015
Shanghai shares index drops 3.9%, denting hopes of Chinese stock markets stabilising following last week’s devaluation of yuan Asian shares on Wednesday struggled at two-year lows after Chinese stocks extended their fall, stoking fears about the stability of China’s ...
23 Nations Around The World Where Stock Market Crashes Are Already Happening
August 18th, 2015
You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations ...
China’s Yuan Rate Rises for First Time Since Devaluation
August 14th, 2015
The yuan halted a three-day slide after China’s central bank raised its reference rate for the first time since Tuesday’s devaluation and said it will intervene to prevent excessive swings. The onshore spot rate was little changed at 6.4003 ...
Greece’s economy grew in the second quarter
August 13th, 2015
Greek Economy Unexpectedly Surged Before Capital Controls Greece’s economy grew in the second quarter in a surprise surge just before the standoff between the government and its creditors forced officials to impose capital controls. The Hellenic Statistical Authority in ...
Visa joins firms betting on technology behind Bitcoin
August 13th, 2015
Move comes at a time when banks around the world are looking at ways to use the technology to make transactions more efficient and secure Visa Inc. will soon have a team of engineers at its Bengaluru office to ...
Iran Oil Industry: How much Iran needs to bring it back to levels it was five year ago
July 30th, 2015
Iran needs around $100 bln to revamp oil industry – minister Iran needs around $100 billion to bring its oil industry back to the level it was five years ago, the country’s Industry Minister Mohammad Reza Nematzadeh told Austrian ...
One of the World’s largest Mutual Fund wants to trademark Fidelitycoin
July 27th, 2015
FMR LLC, which is the parent company of Fidelity Investments, has filed with the US Patent Office and Trademark Office to trademark “FIDELITYCOIN.” Application number 86699431 concerns “financial services, namely, financial exchange services for virtual currency; electronic wallets; charitable services in ...
7 bitcoin-related court cases
July 24th, 2015
Bitcoin is back in the headlines again this week, but for all the wrong reasons. It surfaced yesterday that two operators of bitcoin exchange Coin.mx were being charged by US prosecutors for working without a money transmission license. This ...
Deloitte Trials Blockchain Tech for Client Auditing
July 16th, 2015
Professional services firm Deloitte has revealed it is trialling blockchain technology to automate client auditing and crowdsource its consulting efforts, among other applications. With the announcement, Deloitte – one of the world’s ‘Big Four’ audit firms – becomes the ...
SEC: OZ Management LP Admits Providing Inaccurate Data, Impacting Brokers’ Records and “Blue Sheets”
July 15th, 2015
The Securities and Exchange Commission today charged OZ Management LP with providing inaccurate trade data to four prime brokers, causing inaccuracies in the brokers’ books and records and in data provided to the SEC in investigations. OZ Management, an ...